SMITH AS

3083 HOLMESTRAND

Finances

Share Ownership

Return on Equity

84,15 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 476 000	4 792 000	1 857 000	1 836 000
Net Income	3 875 000	3 403 000	1 099 000	1 110 000
Total Assets	7 016 000	5 612 000	3 837 000	2 909 000
Total Equity	4 605 000	730 000	3 328 000	2 229 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 476 000	4 792 000	1 857 000	1 836 000
Expenditure	506 000	429 000	448 000	412 000
Operating Profit	4 969 000	4 363 000	1 409 000	1 425 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	1 000
Financial Balance	−2 000	0	0	−1 000
Earnings Before Tax	4 968 000	4 363 000	1 409 000	1 424 000
Tax	1 093 000	960 000	310 000	314 000
Net Income	3 875 000	3 403 000	1 099 000	1 110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	82 000	82 000	82 000	82 000
Total Current Assets	6 934 000	5 530 000	3 755 000	2 826 000
Total Assets	7 016 000	5 612 000	3 837 000	2 909 000
Total Retained Equity	4 575 000	700 000	3 298 000	2 199 000
Total Equity	4 605 000	730 000	3 328 000	2 229 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 411 000	4 881 000	510 000	680 000
Total Equity and Debt	7 016 000	5 612 000	3 837 000	2 909 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	494 000	427 000	458 000	387 000
Other Income	4 982 000	4 365 000	1 399 000	1 449 000
Revenue	5 476 000	4 792 000	1 857 000	1 836 000
Cost of Goods Sold	449 000	388 000	416 000	352 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	506 000	429 000	448 000	412 000
Operating Profit	4 969 000	4 363 000	1 409 000	1 425 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	1 000
Financial Balance	−2 000	0	0	−1 000
Dividends	0	6 000 000	0	0
Net Income	3 875 000	3 403 000	1 099 000	1 110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	82 000	82 000	82 000	82 000
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	82 000	82 000	82 000	82 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	512 000	938 000	2 772 000	1 015 000
Total Current Assets	6 934 000	5 530 000	3 755 000	2 826 000
Total Assets	7 016 000	5 612 000	3 837 000	2 909 000
Total Equity	4 605 000	730 000	3 328 000	2 229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	71 000	4 000	4 000	4 000
Unpaid Taxes	1 247 000	918 000	196 000	362 000
Dividends	0	6 000 000	0	0
Other Current Debt	0	3 000 000	0	0
Total Current Debt	2 411 000	4 881 000	510 000	680 000
Total Equity and Debt	7 016 000	5 612 000	3 837 000	2 909 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,15 %	466,16 %	33,02 %	49,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,74 %	91,05 %	75,88 %	77,61 %
Current Ratio	2,88	1,13	7,36	4,16
Quick Ratio	2,88	1,13	7,36	4,16
Equity Ratio	0,66	0,13	0,87	0,77
Gross Profit Margin	91,8 %	91,9 %	77,6 %	80,83 %