SMEDGATEN KONTORMØBLER AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

−8,36 %

Current Ratio

1,32

Debt-to-Equity Ratio

−2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 034 000	934 000	871 000	874 000
Net Income	210 000	209 000	41 000	63 000
Total Assets	3 425 000	3 512 000	3 564 000	3 764 000
Total Equity	−2 512 000	−2 722 000	−2 931 000	−2 972 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 034 000	934 000	871 000	874 000
Expenditure	574 000	480 000	551 000	474 000
Operating Profit	459 000	453 000	319 000	400 000
Financial Income	0	0	0	0
Financial Costs	249 000	244 000	278 000	337 000
Financial Balance	−249 000	−244 000	−278 000	−337 000
Earnings Before Tax	210 000	209 000	41 000	63 000
Tax	0	0	0	0
Net Income	210 000	209 000	41 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 300 000	3 393 000	3 485 000	3 686 000
Total Current Assets	125 000	120 000	79 000	78 000
Total Assets	3 425 000	3 512 000	3 564 000	3 764 000
Total Retained Equity	−2 787 000	−2 997 000	−3 206 000	−3 247 000
Total Equity	−2 512 000	−2 722 000	−2 931 000	−2 972 000
Total Long-Term Debt	5 842 000	6 090 000	6 289 000	6 552 000
Total Current Debt	95 000	144 000	206 000	185 000
Total Equity and Debt	3 425 000	3 512 000	3 564 000	3 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 034 000	934 000	871 000	874 000
Revenue	1 034 000	934 000	871 000	874 000
Cost of Goods Sold	0	3 000	0	0
Salary Costs	20 000	23 000	69 000	48 000
Depreciation	92 000	92 000	92 000	118 000
Impairment	0	0	0	0
Expenditure	574 000	480 000	551 000	474 000
Operating Profit	459 000	453 000	319 000	400 000
Financial Income	0	0	0	0
Financial Costs	249 000	244 000	278 000	337 000
Financial Balance	−249 000	−244 000	−278 000	−337 000
Dividends	0	0	0	0
Net Income	210 000	209 000	41 000	63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 300 000	3 373 000	3 446 000	3 518 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	39 000	168 000
Total Tangible Assets	3 300 000	3 393 000	3 485 000	3 686 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 300 000	3 393 000	3 485 000	3 686 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	29 000	14 000	68 000
Total Current Assets	125 000	120 000	79 000	78 000
Total Assets	3 425 000	3 512 000	3 564 000	3 764 000
Total Equity	−2 512 000	−2 722 000	−2 931 000	−2 972 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 842 000	6 090 000	6 289 000	6 552 000
Creditors	12 000	64 000	119 000	88 000
Unpaid Taxes	19 000	19 000	2 000	26 000
Dividends	0	0	0	0
Other Current Debt	65 000	61 000	85 000	72 000
Total Current Debt	95 000	144 000	206 000	185 000
Total Equity and Debt	3 425 000	3 512 000	3 564 000	3 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,36 %	−7,68 %	−1,4 %	−2,12 %
Debt-to-Equity Ratio	−2,33	−2,24	−2,15	−2,2
Operating Profit Margin	44,39 %	48,5 %	36,62 %	45,77 %
Current Ratio	1,32	0,83	0,38	0,42
Quick Ratio	1,32	0,83	0,38	0,42
Equity Ratio	−0,73	−0,78	−0,82	−0,79
Gross Profit Margin	100 %	99,68 %	100 %	100 %