SMIDSRØDVEIEN HANDEL AS

3140 NØTTERØY

Finances

Return on Equity

9,14 %

Current Ratio

6,37

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 417 000	4 618 000	3 847 000	3 629 000
Net Income	1 155 000	1 751 000	961 000	411 000
Total Assets	34 305 000	37 397 000	36 261 000	35 373 000
Total Equity	12 632 000	14 776 000	13 025 000	12 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 417 000	4 618 000	3 847 000	3 629 000
Expenditure	2 317 000	2 016 000	2 140 000	2 417 000
Operating Profit	2 099 000	2 602 000	1 707 000	1 212 000
Financial Income	78 000	75 000	87 000	33 000
Financial Costs	694 000	430 000	556 000	691 000
Financial Balance	−616 000	−355 000	−469 000	−658 000
Earnings Before Tax	1 483 000	2 247 000	1 238 000	555 000
Tax	328 000	496 000	277 000	144 000
Net Income	1 155 000	1 751 000	961 000	411 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 864 000	28 317 000	29 021 000	29 750 000
Total Current Assets	5 441 000	9 081 000	7 241 000	5 624 000
Total Assets	34 305 000	37 397 000	36 261 000	35 373 000
Total Retained Equity	1 213 000	3 357 000	1 606 000	645 000
Total Equity	12 632 000	14 776 000	13 025 000	12 064 000
Total Long-Term Debt	20 820 000	21 669 000	22 537 000	22 577 000
Total Current Debt	854 000	952 000	699 000	732 000
Total Equity and Debt	34 305 000	37 397 000	36 261 000	35 373 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 417 000	4 618 000	3 847 000	3 629 000
Revenue	4 417 000	4 618 000	3 847 000	3 629 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	534 000	373 000	401 000	715 000
Depreciation	753 000	730 000	729 000	684 000
Impairment	0	0	0	0
Expenditure	2 317 000	2 016 000	2 140 000	2 417 000
Operating Profit	2 099 000	2 602 000	1 707 000	1 212 000
Financial Income	78 000	75 000	87 000	33 000
Financial Costs	694 000	430 000	556 000	691 000
Financial Balance	−616 000	−355 000	−469 000	−658 000
Dividends	3 300 000	0	0	0
Net Income	1 155 000	1 751 000	961 000	411 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 984 000	27 266 000	27 785 000	28 334 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	241 000	404 000	584 000	764 000
Total Tangible Assets	28 225 000	27 670 000	28 369 000	29 097 000
Total Fiancial Fixed Assets	639 000	647 000	652 000	652 000
Total Fixed Assets	28 864 000	28 317 000	29 021 000	29 750 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 692 000	2 608 000	1 877 000	3 608 000
Total Current Assets	5 441 000	9 081 000	7 241 000	5 624 000
Total Assets	34 305 000	37 397 000	36 261 000	35 373 000
Total Equity	12 632 000	14 776 000	13 025 000	12 064 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 820 000	21 669 000	22 537 000	22 577 000
Creditors	234 000	102 000	178 000	288 000
Unpaid Taxes	178 000	171 000	76 000	139 000
Dividends	3 300 000	0	0	0
Other Current Debt	68 000	151 000	154 000	164 000
Total Current Debt	854 000	952 000	699 000	732 000
Total Equity and Debt	34 305 000	37 397 000	36 261 000	35 373 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,14 %	11,85 %	7,38 %	3,41 %
Debt-to-Equity Ratio	1,65	1,47	1,73	1,87
Operating Profit Margin	47,52 %	56,34 %	44,37 %	33,4 %
Current Ratio	6,37	9,54	10,36	7,68
Quick Ratio	6,37	9,54	10,36	7,68
Equity Ratio	0,37	0,4	0,36	0,34
Gross Profit Margin	100 %	100 %	99,97 %	100 %