SMØLA BILSERVICE AS

6570 SMØLA

Finances

Return on Equity

11,2 %

Current Ratio

3,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 225 000	25 708 000	26 429 000	26 825 000
Net Income	1 294 000	1 468 000	1 579 000	1 436 000
Total Assets	15 486 000	15 791 000	14 355 000	14 850 000
Total Equity	11 553 000	10 259 000	9 791 000	9 912 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 225 000	25 708 000	26 429 000	26 825 000
Expenditure	25 684 000	23 914 000	24 522 000	25 110 000
Operating Profit	1 541 000	1 794 000	1 906 000	1 716 000
Financial Income	124 000	80 000	129 000	134 000
Financial Costs	3 000	2 000	25 000	26 000
Financial Balance	121 000	78 000	104 000	108 000
Earnings Before Tax	1 663 000	1 872 000	2 010 000	1 823 000
Tax	369 000	404 000	431 000	386 000
Net Income	1 294 000	1 468 000	1 579 000	1 436 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	856 000	1 030 000	1 103 000	1 040 000
Total Current Assets	14 630 000	14 761 000	13 252 000	13 810 000
Total Assets	15 486 000	15 791 000	14 355 000	14 850 000
Total Retained Equity	10 453 000	9 159 000	8 691 000	8 812 000
Total Equity	11 553 000	10 259 000	9 791 000	9 912 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 933 000	5 532 000	4 564 000	4 938 000
Total Equity and Debt	15 486 000	15 791 000	14 355 000	14 850 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 225 000	25 708 000	26 429 000	26 825 000
Other Income	0	0	0	0
Revenue	27 225 000	25 708 000	26 429 000	26 825 000
Cost of Goods Sold	20 013 000	18 223 000	18 622 000	19 335 000
Salary Costs	3 270 000	3 414 000	3 708 000	3 444 000
Depreciation	174 000	170 000	166 000	138 000
Impairment	0	0	0	0
Expenditure	25 684 000	23 914 000	24 522 000	25 110 000
Operating Profit	1 541 000	1 794 000	1 906 000	1 716 000
Financial Income	124 000	80 000	129 000	134 000
Financial Costs	3 000	2 000	25 000	26 000
Financial Balance	121 000	78 000	104 000	108 000
Dividends	0	0	1 700 000	0
Net Income	1 294 000	1 468 000	1 579 000	1 436 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	186 000	162 000	191 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	416 000	404 000	502 000	479 000
Total Tangible Assets	416 000	590 000	663 000	670 000
Total Fiancial Fixed Assets	440 000	440 000	440 000	369 000
Total Fixed Assets	856 000	1 030 000	1 103 000	1 040 000
Stock	2 819 000	2 341 000	1 548 000	2 115 000
Total Investments	0	0	0	0
Cash, Bank	10 456 000	11 102 000	10 627 000	10 040 000
Total Current Assets	14 630 000	14 761 000	13 252 000	13 810 000
Total Assets	15 486 000	15 791 000	14 355 000	14 850 000
Total Equity	11 553 000	10 259 000	9 791 000	9 912 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 547 000	1 856 000	1 007 000	1 945 000
Unpaid Taxes	419 000	521 000	594 000	709 000
Dividends	0	0	1 700 000	0
Other Current Debt	599 000	2 752 000	832 000	1 898 000
Total Current Debt	3 933 000	5 532 000	4 564 000	4 938 000
Total Equity and Debt	15 486 000	15 791 000	14 355 000	14 850 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,2 %	14,31 %	16,13 %	14,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,66 %	6,98 %	7,21 %	6,4 %
Current Ratio	3,72	2,67	2,9	2,8
Quick Ratio	13,13	4,63	4,39	4,89
Equity Ratio	0,75	0,65	0,68	0,67
Gross Profit Margin	26,49 %	29,12 %	29,54 %	27,92 %