SMØLA MASKINUTLEIE AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

6,56 %

Current Ratio

8,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	495 000	474 000	269 000	199 000
Net Income	34 000	115 000	65 000	104 000
Total Assets	565 000	557 000	409 000	363 000
Total Equity	518 000	484 000	369 000	304 000

Income (NOK)	2022	2021	2020	2019
Revenue	495 000	474 000	269 000	199 000
Expenditure	452 000	325 000	185 000	65 000
Operating Profit	44 000	149 000	84 000	133 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	43 000	148 000	84 000	133 000
Tax	10 000	33 000	18 000	29 000
Net Income	34 000	115 000	65 000	104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	223 000	131 000	138 000
Total Current Assets	392 000	334 000	278 000	225 000
Total Assets	565 000	557 000	409 000	363 000
Total Retained Equity	318 000	284 000	169 000	104 000
Total Equity	518 000	484 000	369 000	304 000
Total Long-Term Debt	2 000	4 000	3 000	3 000
Total Current Debt	44 000	69 000	36 000	56 000
Total Equity and Debt	565 000	557 000	409 000	363 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	495 000	474 000	269 000	199 000
Other Income	0	0	0	0
Revenue	495 000	474 000	269 000	199 000
Cost of Goods Sold	16 000	77 000	10 000	38 000
Salary Costs	0	0	0	0
Depreciation	50 000	48 000	32 000	18 000
Impairment	0	0	0	0
Expenditure	452 000	325 000	185 000	65 000
Operating Profit	44 000	149 000	84 000	133 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	34 000	115 000	65 000	104 000

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	173 000	223 000	131 000	138 000
Total Tangible Assets	173 000	223 000	131 000	138 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	173 000	223 000	131 000	138 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	152 000	128 000	156 000	102 000
Total Current Assets	392 000	334 000	278 000	225 000
Total Assets	565 000	557 000	409 000	363 000
Total Equity	518 000	484 000	369 000	304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	4 000	3 000	3 000
Creditors	28 000	24 000	13 000	4 000
Unpaid Taxes	5 000	13 000	5 000	26 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	44 000	69 000	36 000	56 000
Total Equity and Debt	565 000	557 000	409 000	363 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,56 %	23,76 %	17,62 %	34,21 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	8,89 %	31,43 %	31,23 %	66,83 %
Current Ratio	8,91	4,84	7,72	4,02
Quick Ratio	8,91	4,84	7,72	4,02
Equity Ratio	0,92	0,87	0,9	0,84
Gross Profit Margin	96,77 %	83,76 %	96,28 %	80,9 %