SMITEK EIENDOM AS

2850 LENA

Finances

Share Ownership

Return on Equity

8,9 %

Current Ratio

1,12

Debt-to-Equity Ratio

9,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 047 000	909 000	920 000	0
Net Income	88 000	208 000	108 000	−40 000
Total Assets	12 364 000	10 084 000	10 180 000	10 588 000
Total Equity	989 000	901 000	693 000	584 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 047 000	909 000	920 000	0
Expenditure	566 000	398 000	463 000	47 000
Operating Profit	481 000	511 000	457 000	−46 000
Financial Income	0	0	0	0
Financial Costs	368 000	244 000	318 000	5 000
Financial Balance	−368 000	−244 000	−318 000	−5 000
Earnings Before Tax	113 000	267 000	139 000	−51 000
Tax	25 000	59 000	31 000	−11 000
Net Income	88 000	208 000	108 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 291 000	9 664 000	9 964 000	10 176 000
Total Current Assets	2 073 000	420 000	216 000	412 000
Total Assets	12 364 000	10 084 000	10 180 000	10 588 000
Total Retained Equity	359 000	271 000	63 000	−46 000
Total Equity	989 000	901 000	693 000	584 000
Total Long-Term Debt	9 532 000	7 940 000	8 307 000	8 050 000
Total Current Debt	1 843 000	1 243 000	1 181 000	1 954 000
Total Equity and Debt	12 364 000	10 084 000	10 180 000	10 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 047 000	909 000	920 000	0
Revenue	1 047 000	909 000	920 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	301 000	300 000	298 000	5 000
Impairment	0	0	0	0
Expenditure	566 000	398 000	463 000	47 000
Operating Profit	481 000	511 000	457 000	−46 000
Financial Income	0	0	0	0
Financial Costs	368 000	244 000	318 000	5 000
Financial Balance	−368 000	−244 000	−318 000	−5 000
Dividends	0	0	0	0
Net Income	88 000	208 000	108 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	11 000
Real Eastate	10 061 000	9 414 000	9 694 000	9 876 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	231 000	250 000	270 000	289 000
Total Tangible Assets	10 291 000	9 664 000	9 964 000	10 165 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 291 000	9 664 000	9 964 000	10 176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 923 000	251 000	61 000	11 000
Total Current Assets	2 073 000	420 000	216 000	412 000
Total Assets	12 364 000	10 084 000	10 180 000	10 588 000
Total Equity	989 000	901 000	693 000	584 000
Short-Term Group Debt	886 000	872 000	872 000	471 000
Total Long-Term Debt	9 532 000	7 940 000	8 307 000	8 050 000
Creditors	588 000	8 000	18 000	1 483 000
Unpaid Taxes	5 000	35 000	32 000	0
Dividends	0	0	0	0
Other Current Debt	365 000	329 000	258 000	0
Total Current Debt	1 843 000	1 243 000	1 181 000	1 954 000
Total Equity and Debt	12 364 000	10 084 000	10 180 000	10 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,9 %	23,09 %	15,58 %	−6,85 %
Debt-to-Equity Ratio	9,64	8,81	11,99	13,78
Operating Profit Margin	45,94 %	56,22 %	49,67 %	-
Current Ratio	1,12	0,34	0,18	0,21
Quick Ratio	1,12	0,34	0,18	0,21
Equity Ratio	0,08	0,09	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	-