SMØRVIKA UTVIKLING AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

119,85 %

Current Ratio

2,65

Debt-to-Equity Ratio

34,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 069 000	7 241 000	0	0
Net Income	2 186 000	527 000	−431 000	−244 000
Total Assets	103 191 000	40 046 000	18 286 000	15 744 000
Total Equity	1 824 000	−363 000	−890 000	−458 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 069 000	7 241 000	0	0
Expenditure	−43 741 000	39 200 000	31 000	10 000
Operating Profit	2 803 000	676 000	−31 000	−10 000
Financial Income	0	0	0	37 000
Financial Costs	0	0	522 000	340 000
Financial Balance	0	0	−522 000	−303 000
Earnings Before Tax	2 803 000	676 000	−553 000	−313 000
Tax	617 000	149 000	−122 000	−69 000
Net Income	2 186 000	527 000	−431 000	−244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	119 000	268 000	146 000
Total Current Assets	103 191 000	39 926 000	18 018 000	15 598 000
Total Assets	103 191 000	40 046 000	18 286 000	15 744 000
Total Retained Equity	1 794 000	−393 000	−920 000	−488 000
Total Equity	1 824 000	−363 000	−890 000	−458 000
Total Long-Term Debt	62 472 000	38 832 000	18 671 000	15 802 000
Total Current Debt	38 895 000	1 576 000	505 000	400 000
Total Equity and Debt	103 191 000	40 046 000	18 286 000	15 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 986 000	7 241 000	0	0
Other Income	83 000	0	0	0
Revenue	27 069 000	7 241 000	0	0
Cost of Goods Sold	−43 923 000	39 173 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−43 741 000	39 200 000	31 000	10 000
Operating Profit	2 803 000	676 000	−31 000	−10 000
Financial Income	0	0	0	37 000
Financial Costs	0	0	522 000	340 000
Financial Balance	0	0	−522 000	−303 000
Dividends	0	0	0	0
Net Income	2 186 000	527 000	−431 000	−244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	119 000	268 000	146 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	119 000	268 000	146 000
Stock	100 468 000	39 876 000	17 870 000	15 485 000
Total Investments	0	0	0	0
Cash, Bank	658 000	50 000	149 000	78 000
Total Current Assets	103 191 000	39 926 000	18 018 000	15 598 000
Total Assets	103 191 000	40 046 000	18 286 000	15 744 000
Total Equity	1 824 000	−363 000	−890 000	−458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	62 472 000	38 832 000	18 671 000	15 802 000
Creditors	706 000	1 576 000	505 000	400 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	38 895 000	1 576 000	505 000	400 000
Total Equity and Debt	103 191 000	40 046 000	18 286 000	15 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	119,85 %	−145,18 %	48,43 %	53,28 %
Debt-to-Equity Ratio	34,25	−106,98	−20,98	−34,5
Operating Profit Margin	10,36 %	9,34 %	-	-
Current Ratio	2,65	25,33	35,68	39
Quick Ratio	−1,68	−1,04	−1,04	−1,03
Equity Ratio	0,02	−0,01	−0,05	−0,03
Gross Profit Margin	262,26 %	−440,99 %	-	-