SMB ACCOUNTING AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

134,83 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	6 862 000	5 021 000	4 432 000
Net Income	600 000	321 000	449 000
Total Assets	2 520 000	1 550 000	1 389 000
Total Equity	445 000	425 000	104 000

Income (NOK)	2022	2021	2020
Revenue	6 862 000	5 021 000	4 432 000
Expenditure	6 089 000	4 573 000	3 863 000
Operating Profit	772 000	448 000	568 000
Financial Income	18 000	10 000	1 000
Financial Costs	7 000	12 000	14 000
Financial Balance	11 000	−2 000	−13 000
Earnings Before Tax	782 000	446 000	555 000
Tax	182 000	125 000	106 000
Net Income	600 000	321 000	449 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	170 000	135 000	134 000
Total Current Assets	2 350 000	1 415 000	1 255 000
Total Assets	2 520 000	1 550 000	1 389 000
Total Retained Equity	415 000	395 000	74 000
Total Equity	445 000	425 000	104 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 075 000	1 126 000	1 285 000
Total Equity and Debt	2 520 000	1 550 000	1 389 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 999 000	4 877 000	4 426 000
Other Income	−137 000	144 000	6 000
Revenue	6 862 000	5 021 000	4 432 000
Cost of Goods Sold	55 000	80 000	230 000
Salary Costs	4 706 000	3 356 000	2 812 000
Depreciation	38 000	38 000	43 000
Impairment	0	0	0
Expenditure	6 089 000	4 573 000	3 863 000
Operating Profit	772 000	448 000	568 000
Financial Income	18 000	10 000	1 000
Financial Costs	7 000	12 000	14 000
Financial Balance	11 000	−2 000	−13 000
Dividends	580 000	0	0
Net Income	600 000	321 000	449 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	53 000	86 000	79 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	67 000	0	5 000
Total Tangible Assets	67 000	0	5 000
Total Fiancial Fixed Assets	50 000	50 000	50 000
Total Fixed Assets	170 000	135 000	134 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 028 000	485 000	375 000
Total Current Assets	2 350 000	1 415 000	1 255 000
Total Assets	2 520 000	1 550 000	1 389 000
Total Equity	445 000	425 000	104 000
Short-Term Group Debt	0	0	358 000
Total Long-Term Debt	0	0	0
Creditors	71 000	73 000	43 000
Unpaid Taxes	797 000	529 000	429 000
Dividends	580 000	0	0
Other Current Debt	600 000	398 000	349 000
Total Current Debt	2 075 000	1 126 000	1 285 000
Total Equity and Debt	2 520 000	1 550 000	1 389 000

Financial indicators	2022	2021	2020
Return on Equity	134,83 %	75,53 %	431,73 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	11,25 %	8,92 %	12,82 %
Current Ratio	1,13	1,26	0,98
Quick Ratio	1,13	1,26	0,98
Equity Ratio	0,18	0,27	0,07
Gross Profit Margin	99,2 %	98,41 %	94,81 %