SMITH LARSEN AS

3271 LARVIK

Finances

Return on Equity

23,25 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	227 000	268 000	251 000	276 000
Net Income	3 825 000	3 571 000	3 067 000	3 984 000
Total Assets	21 184 000	21 530 000	22 172 000	22 117 000
Total Equity	16 451 000	16 126 000	16 754 000	17 887 000

Income (NOK)	2022	2021	2020	2019
Revenue	227 000	268 000	251 000	276 000
Expenditure	194 000	258 000	1 214 000	282 000
Operating Profit	33 000	10 000	−964 000	−6 000
Financial Income	4 284 000	5 114 000	4 331 000	4 200 000
Financial Costs	439 000	1 537 000	230 000	42 000
Financial Balance	3 845 000	3 577 000	4 101 000	4 158 000
Earnings Before Tax	3 878 000	3 587 000	3 137 000	4 153 000
Tax	52 000	16 000	70 000	169 000
Net Income	3 825 000	3 571 000	3 067 000	3 984 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 648 000	8 794 000	11 510 000	7 013 000
Total Current Assets	11 536 000	12 736 000	10 661 000	15 105 000
Total Assets	21 184 000	21 530 000	22 172 000	22 117 000
Total Retained Equity	15 400 000	15 075 000	15 703 000	16 836 000
Total Equity	16 451 000	16 126 000	16 754 000	17 887 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 733 000	5 405 000	5 417 000	4 230 000
Total Equity and Debt	21 184 000	21 530 000	22 172 000	22 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	227 000	268 000	251 000	276 000
Revenue	227 000	268 000	251 000	276 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	7 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	194 000	258 000	1 214 000	282 000
Operating Profit	33 000	10 000	−964 000	−6 000
Financial Income	4 284 000	5 114 000	4 331 000	4 200 000
Financial Costs	439 000	1 537 000	230 000	42 000
Financial Balance	3 845 000	3 577 000	4 101 000	4 158 000
Dividends	3 500 000	4 200 000	4 200 000	3 000 000
Net Income	3 825 000	3 571 000	3 067 000	3 984 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	31 000	18 000	41 000
Real Eastate	210 000	217 000	225 000	232 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	210 000	217 000	225 000	232 000
Total Fiancial Fixed Assets	9 404 000	8 546 000	11 268 000	6 740 000
Total Fixed Assets	9 648 000	8 794 000	11 510 000	7 013 000
Stock	0	0	0	0
Total Investments	2 855 000	2 656 000	2 489 000	4 632 000
Cash, Bank	2 463 000	3 373 000	2 761 000	1 360 000
Total Current Assets	11 536 000	12 736 000	10 661 000	15 105 000
Total Assets	21 184 000	21 530 000	22 172 000	22 117 000
Total Equity	16 451 000	16 126 000	16 754 000	17 887 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	2 000	4 000	3 000
Unpaid Taxes	5 000	5 000	0	50 000
Dividends	3 500 000	4 200 000	4 200 000	3 000 000
Other Current Debt	1 169 000	1 168 000	1 167 000	1 167 000
Total Current Debt	4 733 000	5 405 000	5 417 000	4 230 000
Total Equity and Debt	21 184 000	21 530 000	22 172 000	22 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,25 %	22,14 %	18,31 %	22,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,54 %	3,73 %	−384,06 %	−2,17 %
Current Ratio	2,44	2,36	1,97	3,57
Quick Ratio	2,44	2,36	1,97	3,57
Equity Ratio	0,78	0,75	0,76	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %