SMV ENGINEERING AS

5374 STEINSLAND

Finances

Return on Equity

−3,52 %

Current Ratio

0,58

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 737 000	433 000	585 000	721 000
Net Income	32 000	−239 000	−450 000	−573 000
Total Assets	1 708 000	385 000	622 000	1 065 000
Total Equity	−908 000	−940 000	−701 000	−251 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 737 000	433 000	585 000	721 000
Expenditure	6 677 000	648 000	1 020 000	1 240 000
Operating Profit	61 000	−215 000	−435 000	−520 000
Financial Income	178 000	2 000	13 000	−6 000
Financial Costs	207 000	26 000	28 000	46 000
Financial Balance	−29 000	−24 000	−15 000	−52 000
Earnings Before Tax	32 000	−239 000	−450 000	−573 000
Tax	0	0	0	0
Net Income	32 000	−239 000	−450 000	−573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	200 000	293 000	405 000	517 000
Total Current Assets	1 508 000	92 000	217 000	548 000
Total Assets	1 708 000	385 000	622 000	1 065 000
Total Retained Equity	−968 000	−1 000 000	−761 000	−311 000
Total Equity	−908 000	−940 000	−701 000	−251 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 617 000	1 325 000	1 324 000	1 317 000
Total Equity and Debt	1 708 000	385 000	622 000	1 065 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 737 000	433 000	585 000	721 000
Other Income	0	0	0	0
Revenue	6 737 000	433 000	585 000	721 000
Cost of Goods Sold	87 000	56 000	0	0
Salary Costs	1 628 000	227 000	472 000	564 000
Depreciation	93 000	112 000	112 000	112 000
Impairment	0	0	0	0
Expenditure	6 677 000	648 000	1 020 000	1 240 000
Operating Profit	61 000	−215 000	−435 000	−520 000
Financial Income	178 000	2 000	13 000	−6 000
Financial Costs	207 000	26 000	28 000	46 000
Financial Balance	−29 000	−24 000	−15 000	−52 000
Dividends	0	0	0	0
Net Income	32 000	−239 000	−450 000	−573 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	93 000	205 000	317 000
Total Tangible Assets	0	93 000	205 000	317 000
Total Fiancial Fixed Assets	200 000	200 000	200 000	200 000
Total Fixed Assets	200 000	293 000	405 000	517 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	778 000	49 000	131 000	451 000
Total Current Assets	1 508 000	92 000	217 000	548 000
Total Assets	1 708 000	385 000	622 000	1 065 000
Total Equity	−908 000	−940 000	−701 000	−251 000
Short-Term Group Debt	846 000	729 000	715 000	701 000
Total Long-Term Debt	0	0	0	0
Creditors	158 000	14 000	14 000	2 000
Unpaid Taxes	404 000	25 000	24 000	45 000
Dividends	0	0	0	0
Other Current Debt	486 000	371 000	387 000	390 000
Total Current Debt	2 617 000	1 325 000	1 324 000	1 317 000
Total Equity and Debt	1 708 000	385 000	622 000	1 065 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,52 %	25,43 %	64,19 %	228,29 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	0,91 %	−49,65 %	−74,36 %	−72,12 %
Current Ratio	0,58	0,07	0,16	0,42
Quick Ratio	0,58	0,07	0,16	0,42
Equity Ratio	−0,53	−2,44	−1,13	−0,24
Gross Profit Margin	98,71 %	87,07 %	100 %	100 %