SMIDIG AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

30,28 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 993 000	3 536 000	4 064 000	4 287 000
Net Income	−400 000	−660 000	−118 000	334 000
Total Assets	2 027 000	635 000	1 063 000	889 000
Total Equity	−1 321 000	−1 166 000	−506 000	−388 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 993 000	3 536 000	4 064 000	4 287 000
Expenditure	4 375 000	4 183 000	4 164 000	3 926 000
Operating Profit	−382 000	−647 000	−101 000	361 000
Financial Income	2 000	0	0	0
Financial Costs	20 000	13 000	17 000	27 000
Financial Balance	−18 000	−13 000	−17 000	−27 000
Earnings Before Tax	−400 000	−660 000	−118 000	334 000
Tax	0	0	0	0
Net Income	−400 000	−660 000	−118 000	334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	874 000	28 000	371 000	452 000
Total Current Assets	1 152 000	607 000	691 000	437 000
Total Assets	2 027 000	635 000	1 063 000	889 000
Total Retained Equity	−1 421 000	−1 266 000	−606 000	−488 000
Total Equity	−1 321 000	−1 166 000	−506 000	−388 000
Total Long-Term Debt	0	52 000	436 000	457 000
Total Current Debt	3 348 000	1 749 000	1 132 000	821 000
Total Equity and Debt	2 027 000	635 000	1 063 000	889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 993 000	3 536 000	4 064 000	4 287 000
Other Income	0	0	0	0
Revenue	3 993 000	3 536 000	4 064 000	4 287 000
Cost of Goods Sold	564 000	408 000	588 000	576 000
Salary Costs	2 301 000	2 080 000	1 908 000	1 753 000
Depreciation	207 000	381 000	280 000	264 000
Impairment	0	0	0	0
Expenditure	4 375 000	4 183 000	4 164 000	3 926 000
Operating Profit	−382 000	−647 000	−101 000	361 000
Financial Income	2 000	0	0	0
Financial Costs	20 000	13 000	17 000	27 000
Financial Balance	−18 000	−13 000	−17 000	−27 000
Dividends	0	0	0	0
Net Income	−400 000	−660 000	−118 000	334 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	874 000	28 000	371 000	452 000
Total Tangible Assets	874 000	28 000	371 000	452 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	874 000	28 000	371 000	452 000
Stock	206 000	146 000	78 000	114 000
Total Investments	0	0	0	0
Cash, Bank	433 000	122 000	525 000	235 000
Total Current Assets	1 152 000	607 000	691 000	437 000
Total Assets	2 027 000	635 000	1 063 000	889 000
Total Equity	−1 321 000	−1 166 000	−506 000	−388 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	52 000	436 000	457 000
Creditors	171 000	70 000	210 000	90 000
Unpaid Taxes	366 000	233 000	267 000	288 000
Dividends	0	0	0	0
Other Current Debt	2 217 000	1 445 000	655 000	443 000
Total Current Debt	3 348 000	1 749 000	1 132 000	821 000
Total Equity and Debt	2 027 000	635 000	1 063 000	889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,28 %	56,6 %	23,32 %	−86,08 %
Debt-to-Equity Ratio	−0	−0,04	−0,86	−1,18
Operating Profit Margin	−9,57 %	−18,3 %	−2,49 %	8,42 %
Current Ratio	0,34	0,35	0,61	0,53
Quick Ratio	0,37	0,38	0,66	0,62
Equity Ratio	−0,65	−1,84	−0,48	−0,44
Gross Profit Margin	85,88 %	88,46 %	85,53 %	86,56 %