SMITH SERVICES AS

4620 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

5,26 %

Current Ratio

0,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	761 000	814 000	875 000	1 368 000
Net Income	10 000	−129 000	−4 000	26 000
Total Assets	2 251 000	2 258 000	2 438 000	2 527 000
Total Equity	190 000	180 000	298 000	303 000

Income (NOK)	2022	2021	2020	2019
Revenue	761 000	814 000	875 000	1 368 000
Expenditure	690 000	885 000	816 000	1 265 000
Operating Profit	72 000	−72 000	59 000	103 000
Financial Income	0	0	0	0
Financial Costs	62 000	58 000	64 000	69 000
Financial Balance	−62 000	−58 000	−64 000	−69 000
Earnings Before Tax	10 000	−129 000	−6 000	34 000
Tax	0	0	−1 000	7 000
Net Income	10 000	−129 000	−4 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 894 000	1 963 000	2 036 000	2 114 000
Total Current Assets	357 000	295 000	402 000	413 000
Total Assets	2 251 000	2 258 000	2 438 000	2 527 000
Total Retained Equity	160 000	150 000	279 000	283 000
Total Equity	190 000	180 000	298 000	303 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 061 000	2 078 000	2 139 000	2 224 000
Total Equity and Debt	2 251 000	2 258 000	2 438 000	2 527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	716 000	801 000	814 000	1 326 000
Other Income	45 000	12 000	61 000	41 000
Revenue	761 000	814 000	875 000	1 368 000
Cost of Goods Sold	0	0	0	0
Salary Costs	488 000	583 000	598 000	725 000
Depreciation	69 000	73 000	78 000	84 000
Impairment	0	0	0	0
Expenditure	690 000	885 000	816 000	1 265 000
Operating Profit	72 000	−72 000	59 000	103 000
Financial Income	0	0	0	0
Financial Costs	62 000	58 000	64 000	69 000
Financial Balance	−62 000	−58 000	−64 000	−69 000
Dividends	0	0	0	0
Net Income	10 000	−129 000	−4 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 864 000	1 925 000	1 989 000	2 055 000
Machinery and Plant Facilities	30 000	38 000	47 000	59 000
Fixtures	0	0	0	0
Total Tangible Assets	1 894 000	1 963 000	2 036 000	2 114 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 894 000	1 963 000	2 036 000	2 114 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	244 000	203 000	240 000	216 000
Total Current Assets	357 000	295 000	402 000	413 000
Total Assets	2 251 000	2 258 000	2 438 000	2 527 000
Total Equity	190 000	180 000	298 000	303 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	11 000	12 000	3 000
Unpaid Taxes	79 000	90 000	81 000	93 000
Dividends	0	0	0	0
Other Current Debt	531 000	496 000	482 000	515 000
Total Current Debt	2 061 000	2 078 000	2 139 000	2 224 000
Total Equity and Debt	2 251 000	2 258 000	2 438 000	2 527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,26 %	−71,67 %	−1,34 %	8,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,46 %	−8,85 %	6,74 %	7,53 %
Current Ratio	0,17	0,14	0,19	0,19
Quick Ratio	0,17	0,14	0,19	0,19
Equity Ratio	0,08	0,08	0,12	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %