WWW.SMIE.NO AS

4613 KRISTIANSAND S

Finances

Return on Equity

−20,09 %

Current Ratio

10,66

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 686 000	2 313 000	2 437 000	2 562 000
Net Income	−367 000	986 000	670 000	129 000
Total Assets	4 378 000	4 607 000	1 994 000	1 398 000
Total Equity	1 827 000	2 194 000	1 209 000	538 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 686 000	2 313 000	2 437 000	2 562 000
Expenditure	2 506 000	1 902 000	1 573 000	2 388 000
Operating Profit	180 000	411 000	863 000	174 000
Financial Income	35 000	701 000	1 000	0
Financial Costs	535 000	32 000	2 000	8 000
Financial Balance	−500 000	669 000	−1 000	−8 000
Earnings Before Tax	−320 000	1 080 000	862 000	166 000
Tax	47 000	94 000	191 000	37 000
Net Income	−367 000	986 000	670 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	91 000	154 000	216 000
Total Current Assets	4 349 000	4 515 000	1 840 000	1 182 000
Total Assets	4 378 000	4 607 000	1 994 000	1 398 000
Total Retained Equity	1 740 000	2 107 000	1 122 000	451 000
Total Equity	1 827 000	2 194 000	1 209 000	538 000
Total Long-Term Debt	2 142 000	2 105 000	288 000	197 000
Total Current Debt	408 000	308 000	497 000	662 000
Total Equity and Debt	4 378 000	4 607 000	1 994 000	1 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 686 000	2 313 000	2 330 000	2 562 000
Other Income	0	0	107 000	0
Revenue	2 686 000	2 313 000	2 437 000	2 562 000
Cost of Goods Sold	1 153 000	584 000	581 000	957 000
Salary Costs	562 000	613 000	315 000	592 000
Depreciation	62 000	62 000	62 000	52 000
Impairment	0	0	0	0
Expenditure	2 506 000	1 902 000	1 573 000	2 388 000
Operating Profit	180 000	411 000	863 000	174 000
Financial Income	35 000	701 000	1 000	0
Financial Costs	535 000	32 000	2 000	8 000
Financial Balance	−500 000	669 000	−1 000	−8 000
Dividends	0	0	0	300 000
Net Income	−367 000	986 000	670 000	129 000

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	0	0	0	0
Fixtures	29 000	91 000	154 000	216 000
Total Tangible Assets	29 000	91 000	154 000	216 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	91 000	154 000	216 000
Stock	509 000	512 000	478 000	496 000
Total Investments	2 717 000	3 216 000	0	0
Cash, Bank	641 000	664 000	1 223 000	571 000
Total Current Assets	4 349 000	4 515 000	1 840 000	1 182 000
Total Assets	4 378 000	4 607 000	1 994 000	1 398 000
Total Equity	1 827 000	2 194 000	1 209 000	538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 142 000	2 105 000	288 000	197 000
Creditors	118 000	63 000	174 000	139 000
Unpaid Taxes	174 000	71 000	70 000	86 000
Dividends	0	0	0	300 000
Other Current Debt	69 000	79 000	60 000	102 000
Total Current Debt	408 000	308 000	497 000	662 000
Total Equity and Debt	4 378 000	4 607 000	1 994 000	1 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,09 %	44,94 %	55,42 %	23,98 %
Debt-to-Equity Ratio	1,17	0,96	0,24	0,37
Operating Profit Margin	6,7 %	17,77 %	35,41 %	6,79 %
Current Ratio	10,66	14,66	3,7	1,79
Quick Ratio	−43,06	−22,13	96,84	7,12
Equity Ratio	0,42	0,48	0,61	0,38
Gross Profit Margin	57,07 %	74,75 %	76,16 %	62,65 %