SMEDSMO AS

2680 VÅGÅ

Finances

Share Ownership

Return on Equity

25,04 %

Current Ratio

4,02

Debt-to-Equity Ratio

4,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	867 000	784 000	820 000	1 069 000
Net Income	178 000	233 000	189 000	−98 000
Total Assets	3 865 000	3 609 000	2 588 000	2 277 000
Total Equity	711 000	563 000	330 000	223 000

Income (NOK)	2022	2021	2020	2019
Revenue	867 000	784 000	820 000	1 069 000
Expenditure	494 000	385 000	576 000	1 092 000
Operating Profit	373 000	399 000	243 000	−23 000
Financial Income	9 000	0	0	12 000
Financial Costs	140 000	100 000	42 000	86 000
Financial Balance	−131 000	−100 000	−42 000	−74 000
Earnings Before Tax	242 000	299 000	201 000	−98 000
Tax	64 000	66 000	12 000	0
Net Income	178 000	233 000	189 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 657 000	2 656 000	1 485 000	1 873 000
Total Current Assets	1 207 000	953 000	1 103 000	404 000
Total Assets	3 865 000	3 609 000	2 588 000	2 277 000
Total Retained Equity	472 000	324 000	91 000	−98 000
Total Equity	711 000	563 000	330 000	223 000
Total Long-Term Debt	2 854 000	2 954 000	2 017 000	1 935 000
Total Current Debt	300 000	92 000	240 000	119 000
Total Equity and Debt	3 865 000	3 609 000	2 588 000	2 277 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 000	116 000	38 000
Other Income	867 000	781 000	704 000	1 031 000
Revenue	867 000	784 000	820 000	1 069 000
Cost of Goods Sold	0	4 000	0	0
Salary Costs	0	24 000	60 000	132 000
Depreciation	166 000	138 000	101 000	160 000
Impairment	0	0	0	0
Expenditure	494 000	385 000	576 000	1 092 000
Operating Profit	373 000	399 000	243 000	−23 000
Financial Income	9 000	0	0	12 000
Financial Costs	140 000	100 000	42 000	86 000
Financial Balance	−131 000	−100 000	−42 000	−74 000
Dividends	0	0	0	0
Net Income	178 000	233 000	189 000	−98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 584 000	2 541 000	1 354 000	1 340 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	73 000	116 000	130 000	532 000
Total Tangible Assets	2 657 000	2 656 000	1 485 000	1 873 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 657 000	2 656 000	1 485 000	1 873 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	221 000	203 000	448 000	55 000
Total Current Assets	1 207 000	953 000	1 103 000	404 000
Total Assets	3 865 000	3 609 000	2 588 000	2 277 000
Total Equity	711 000	563 000	330 000	223 000
Short-Term Group Debt	0	0	19 000	0
Total Long-Term Debt	2 854 000	2 954 000	2 017 000	1 935 000
Creditors	120 000	29 000	76 000	156 000
Unpaid Taxes	32 000	−84 000	134 000	−65 000
Dividends	0	0	0	0
Other Current Debt	77 000	75 000	5 000	28 000
Total Current Debt	300 000	92 000	240 000	119 000
Total Equity and Debt	3 865 000	3 609 000	2 588 000	2 277 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,04 %	41,39 %	57,27 %	−43,95 %
Debt-to-Equity Ratio	4,01	5,25	6,11	8,68
Operating Profit Margin	43,02 %	50,89 %	29,63 %	−2,15 %
Current Ratio	4,02	10,36	4,6	3,39
Quick Ratio	4,02	10,36	4,6	3,39
Equity Ratio	0,18	0,16	0,13	0,1
Gross Profit Margin	100 %	99,49 %	100 %	100 %