SMEDVIG CAPITAL AS

4005 STAVANGER

Finances

Return on Equity

−2,31 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	133 814 000	273 988 000	785 050 000	142 818 000
Net Income	−44 766 000	245 079 000	773 402 000	115 836 000
Total Assets	3 439 986 000	2 983 828 000	2 860 276 000	2 188 312 000
Total Equity	1 938 440 000	1 983 206 000	2 338 127 000	1 714 725 000

Income (NOK)	2022	2021	2020	2019
Revenue	133 814 000	273 988 000	785 050 000	142 818 000
Expenditure	116 131 000	11 350 000	71 955 000	10 390 000
Operating Profit	17 683 000	262 638 000	713 095 000	132 427 000
Financial Income	13 196 000	3 148 000	81 253 000	5 104 000
Financial Costs	100 113 000	23 291 000	21 100 000	25 653 000
Financial Balance	−86 917 000	−20 143 000	60 153 000	−20 549 000
Earnings Before Tax	−69 234 000	242 495 000	773 248 000	111 879 000
Tax	−24 468 000	−2 583 000	−154 000	−3 957 000
Net Income	−44 766 000	245 079 000	773 402 000	115 836 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 479 000	88 788 000	86 982 000	86 662 000
Total Current Assets	3 340 507 000	2 895 040 000	2 773 294 000	2 101 650 000
Total Assets	3 439 986 000	2 983 828 000	2 860 276 000	2 188 312 000
Total Retained Equity	1 849 651 000	1 894 416 000	2 249 338 000	1 625 935 000
Total Equity	1 938 440 000	1 983 206 000	2 338 127 000	1 714 725 000
Total Long-Term Debt	2 696 000	2 631 000	2 509 000	2 481 000
Total Current Debt	1 498 850 000	997 991 000	519 640 000	471 107 000
Total Equity and Debt	3 439 986 000	2 983 828 000	2 860 276 000	2 188 312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	131 929 000	272 530 000	783 286 000	141 436 000
Other Income	1 884 000	1 458 000	1 764 000	1 382 000
Revenue	133 814 000	273 988 000	785 050 000	142 818 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 141 000	1 141 000	61 186 000	1 141 000
Impairment	0	0	0	0
Expenditure	116 131 000	11 350 000	71 955 000	10 390 000
Operating Profit	17 683 000	262 638 000	713 095 000	132 427 000
Financial Income	13 196 000	3 148 000	81 253 000	5 104 000
Financial Costs	100 113 000	23 291 000	21 100 000	25 653 000
Financial Balance	−86 917 000	−20 143 000	60 153 000	−20 549 000
Dividends	0	600 000 000	0	40 000 000
Net Income	−44 766 000	245 079 000	773 402 000	115 836 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	87 425 000	76 838 000	75 094 000	74 940 000
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	12 055 000	11 950 000	11 888 000	11 722 000
Total Fixed Assets	99 479 000	88 788 000	86 982 000	86 662 000
Stock	0	0	0	0
Total Investments	2 753 041 000	2 620 843 000	2 531 713 000	1 933 666 000
Cash, Bank	0	0	0	0
Total Current Assets	3 340 507 000	2 895 040 000	2 773 294 000	2 101 650 000
Total Assets	3 439 986 000	2 983 828 000	2 860 276 000	2 188 312 000
Total Equity	1 938 440 000	1 983 206 000	2 338 127 000	1 714 725 000
Short-Term Group Debt	504 893 000	161 193 000	118 513 000	183 141 000
Total Long-Term Debt	2 696 000	2 631 000	2 509 000	2 481 000
Creditors	870 000	2 136 000	1 880 000	482 000
Unpaid Taxes	43 000	0	0	0
Dividends	0	600 000 000	0	40 000 000
Other Current Debt	16 100 000	9 855 000	10 201 000	5 257 000
Total Current Debt	1 498 850 000	997 991 000	519 640 000	471 107 000
Total Equity and Debt	3 439 986 000	2 983 828 000	2 860 276 000	2 188 312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,31 %	12,36 %	33,08 %	6,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,21 %	95,86 %	90,83 %	92,72 %
Current Ratio	2,23	2,9	5,34	4,46
Quick Ratio	2,23	2,9	5,34	4,46
Equity Ratio	0,56	0,66	0,82	0,78
Gross Profit Margin	100 %	100 %	100 %	100 %