SMITS BYGG AS

8800 SANDNESSJØEN

Finances

Return on Equity

68,09 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 028 000	2 847 000	1 481 000	2 176 000
Net Income	224 000	212 000	−228 000	−23 000
Total Assets	1 401 000	1 021 000	530 000	791 000
Total Equity	329 000	240 000	27 000	255 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 028 000	2 847 000	1 481 000	2 176 000
Expenditure	3 728 000	2 628 000	1 709 000	2 201 000
Operating Profit	299 000	218 000	−227 000	−25 000
Financial Income	0	0	0	0
Financial Costs	20 000	5 000	1 000	0
Financial Balance	−20 000	−5 000	−1 000	0
Earnings Before Tax	279 000	212 000	−228 000	−25 000
Tax	55 000	0	0	−2 000
Net Income	224 000	212 000	−228 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	387 000	448 000	286 000	367 000
Total Current Assets	1 013 000	573 000	243 000	425 000
Total Assets	1 401 000	1 021 000	530 000	791 000
Total Retained Equity	219 000	130 000	−83 000	145 000
Total Equity	329 000	240 000	27 000	255 000
Total Long-Term Debt	139 000	160 000	0	0
Total Current Debt	933 000	621 000	502 000	536 000
Total Equity and Debt	1 401 000	1 021 000	530 000	791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 028 000	2 831 000	1 481 000	2 176 000
Other Income	0	15 000	0	0
Revenue	4 028 000	2 847 000	1 481 000	2 176 000
Cost of Goods Sold	1 245 000	482 000	121 000	71 000
Salary Costs	1 999 000	1 741 000	1 230 000	1 711 000
Depreciation	53 000	72 000	66 000	61 000
Impairment	0	0	0	0
Expenditure	3 728 000	2 628 000	1 709 000	2 201 000
Operating Profit	299 000	218 000	−227 000	−25 000
Financial Income	0	0	0	0
Financial Costs	20 000	5 000	1 000	0
Financial Balance	−20 000	−5 000	−1 000	0
Dividends	0	0	0	0
Net Income	224 000	212 000	−228 000	−23 000

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	186 000	213 000	18 000	34 000
Fixtures	40 000	65 000	92 000	142 000
Total Tangible Assets	226 000	279 000	110 000	175 000
Total Fiancial Fixed Assets	162 000	169 000	177 000	191 000
Total Fixed Assets	387 000	448 000	286 000	367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	268 000	284 000	125 000	301 000
Total Current Assets	1 013 000	573 000	243 000	425 000
Total Assets	1 401 000	1 021 000	530 000	791 000
Total Equity	329 000	240 000	27 000	255 000
Short-Term Group Debt	332 000	169 000	176 000	189 000
Total Long-Term Debt	139 000	160 000	0	0
Creditors	68 000	23 000	33 000	9 000
Unpaid Taxes	303 000	196 000	138 000	164 000
Dividends	0	0	0	0
Other Current Debt	213 000	233 000	156 000	174 000
Total Current Debt	933 000	621 000	502 000	536 000
Total Equity and Debt	1 401 000	1 021 000	530 000	791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,09 %	88,33 %	−844,44 %	−9,02 %
Debt-to-Equity Ratio	0,42	0,67	0	0
Operating Profit Margin	7,42 %	7,66 %	−15,33 %	−1,15 %
Current Ratio	1,09	0,92	0,48	0,79
Quick Ratio	1,09	0,92	0,48	0,79
Equity Ratio	0,23	0,24	0,05	0,32
Gross Profit Margin	69,09 %	83,07 %	91,83 %	96,74 %