SMEDSLAND SERVICE AS

4540 ÅSERAL

Finances

Share Ownership

Return on Equity

18,46 %

Current Ratio

0,84

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 937 000	10 084 000	12 754 000	11 124 000
Net Income	421 000	683 000	1 513 000	1 043 000
Total Assets	7 425 000	7 314 000	7 768 000	6 200 000
Total Equity	2 281 000	4 360 000	3 676 000	2 663 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 937 000	10 084 000	12 754 000	11 124 000
Expenditure	11 340 000	9 152 000	10 747 000	9 700 000
Operating Profit	597 000	931 000	2 007 000	1 423 000
Financial Income	0	0	1 000	3 000
Financial Costs	57 000	55 000	68 000	88 000
Financial Balance	−57 000	−55 000	−67 000	−85 000
Earnings Before Tax	540 000	876 000	1 940 000	1 338 000
Tax	119 000	193 000	427 000	295 000
Net Income	421 000	683 000	1 513 000	1 043 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 074 000	4 782 000	5 264 000	3 471 000
Total Current Assets	3 352 000	2 531 000	2 504 000	2 729 000
Total Assets	7 425 000	7 314 000	7 768 000	6 200 000
Total Retained Equity	2 263 000	4 342 000	3 658 000	2 645 000
Total Equity	2 281 000	4 360 000	3 676 000	2 663 000
Total Long-Term Debt	1 130 000	1 418 000	1 636 000	1 808 000
Total Current Debt	4 014 000	1 536 000	2 455 000	1 729 000
Total Equity and Debt	7 425 000	7 314 000	7 768 000	6 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 937 000	9 904 000	12 754 000	11 101 000
Other Income	0	180 000	0	23 000
Revenue	11 937 000	10 084 000	12 754 000	11 124 000
Cost of Goods Sold	4 421 000	3 258 000	5 110 000	4 337 000
Salary Costs	4 278 000	3 611 000	3 344 000	3 517 000
Depreciation	709 000	692 000	601 000	465 000
Impairment	0	0	0	0
Expenditure	11 340 000	9 152 000	10 747 000	9 700 000
Operating Profit	597 000	931 000	2 007 000	1 423 000
Financial Income	0	0	1 000	3 000
Financial Costs	57 000	55 000	68 000	88 000
Financial Balance	−57 000	−55 000	−67 000	−85 000
Dividends	2 500 000	0	500 000	300 000
Net Income	421 000	683 000	1 513 000	1 043 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 008 000	1 053 000	1 098 000	0
Machinery and Plant Facilities	2 888 000	3 403 000	3 737 000	2 901 000
Fixtures	178 000	326 000	428 000	570 000
Total Tangible Assets	4 074 000	4 782 000	5 264 000	3 471 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 074 000	4 782 000	5 264 000	3 471 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 871 000	492 000	1 601 000	1 196 000
Total Current Assets	3 352 000	2 531 000	2 504 000	2 729 000
Total Assets	7 425 000	7 314 000	7 768 000	6 200 000
Total Equity	2 281 000	4 360 000	3 676 000	2 663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 130 000	1 418 000	1 636 000	1 808 000
Creditors	350 000	526 000	490 000	133 000
Unpaid Taxes	552 000	470 000	475 000	375 000
Dividends	2 500 000	0	500 000	300 000
Other Current Debt	456 000	379 000	642 000	678 000
Total Current Debt	4 014 000	1 536 000	2 455 000	1 729 000
Total Equity and Debt	7 425 000	7 314 000	7 768 000	6 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,46 %	15,67 %	41,16 %	39,17 %
Debt-to-Equity Ratio	0,5	0,33	0,45	0,68
Operating Profit Margin	5 %	9,23 %	15,74 %	12,79 %
Current Ratio	0,84	1,65	1,02	1,58
Quick Ratio	0,84	1,65	1,02	1,58
Equity Ratio	0,31	0,6	0,47	0,43
Gross Profit Margin	62,96 %	67,69 %	59,93 %	61,01 %