SMED OG HOVSLAGER SKOGLUND AS

2560 ALVDAL

Finances

Share Ownership

Return on Equity

60,61 %

Current Ratio

0,7

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	705 000	672 000	645 000	497 000
Net Income	−20 000	0	28 000	6 000
Total Assets	97 000	99 000	106 000	112 000
Total Equity	−33 000	−14 000	−14 000	−42 000

Income (NOK)	2022	2021	2020	2019
Revenue	705 000	672 000	645 000	497 000
Expenditure	725 000	665 000	614 000	481 000
Operating Profit	−20 000	6 000	31 000	16 000
Financial Income	0	0	0	1 000
Financial Costs	0	6 000	4 000	10 000
Financial Balance	0	−6 000	−4 000	−9 000
Earnings Before Tax	−20 000	0	28 000	6 000
Tax	0	0	0	0
Net Income	−20 000	0	28 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	6 000	29 000	53 000
Total Current Assets	91 000	93 000	76 000	59 000
Total Assets	97 000	99 000	106 000	112 000
Total Retained Equity	−63 000	−44 000	−44 000	−72 000
Total Equity	−33 000	−14 000	−14 000	−42 000
Total Long-Term Debt	0	0	24 000	65 000
Total Current Debt	130 000	113 000	96 000	89 000
Total Equity and Debt	97 000	99 000	106 000	112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	703 000	671 000	621 000	497 000
Other Income	2 000	1 000	24 000	1 000
Revenue	705 000	672 000	645 000	497 000
Cost of Goods Sold	66 000	49 000	85 000	55 000
Salary Costs	438 000	311 000	282 000	187 000
Depreciation	0	23 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	725 000	665 000	614 000	481 000
Operating Profit	−20 000	6 000	31 000	16 000
Financial Income	0	0	0	1 000
Financial Costs	0	6 000	4 000	10 000
Financial Balance	0	−6 000	−4 000	−9 000
Dividends	0	0	0	0
Net Income	−20 000	0	28 000	6 000

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	0	0	23 000	47 000
Total Tangible Assets	0	0	23 000	47 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	6 000	6 000	29 000	53 000
Stock	28 000	28 000	17 000	47 000
Total Investments	0	0	0	0
Cash, Bank	22 000	26 000	36 000	8 000
Total Current Assets	91 000	93 000	76 000	59 000
Total Assets	97 000	99 000	106 000	112 000
Total Equity	−33 000	−14 000	−14 000	−42 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	24 000	65 000
Creditors	10 000	39 000	22 000	35 000
Unpaid Taxes	49 000	20 000	16 000	22 000
Dividends	0	0	0	0
Other Current Debt	71 000	54 000	58 000	32 000
Total Current Debt	130 000	113 000	96 000	89 000
Total Equity and Debt	97 000	99 000	106 000	112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,61 %	−0 %	−200 %	−14,29 %
Debt-to-Equity Ratio	−0	−0	−1,71	−1,55
Operating Profit Margin	−2,84 %	0,89 %	4,81 %	3,22 %
Current Ratio	0,7	0,82	0,79	0,66
Quick Ratio	0,89	1,09	0,96	1,4
Equity Ratio	−0,34	−0,14	−0,13	−0,38
Gross Profit Margin	90,64 %	92,71 %	86,82 %	88,93 %