SMEDESUNDET EIENDOM AS

5529 HAUGESUND

Finances

Return on Equity

229,84 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 466 000	5 945 000	5 366 000	5 480 000
Net Income	2 480 000	1 356 000	1 335 000	874 000
Total Assets	54 418 000	49 813 000	51 999 000	51 464 000
Total Equity	1 079 000	2 099 000	7 510 000	6 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 466 000	5 945 000	5 366 000	5 480 000
Expenditure	3 332 000	2 563 000	2 320 000	2 960 000
Operating Profit	4 133 000	3 382 000	3 045 000	2 520 000
Financial Income	899 000	110 000	225 000	290 000
Financial Costs	1 848 000	1 753 000	1 626 000	1 690 000
Financial Balance	−949 000	−1 643 000	−1 401 000	−1 400 000
Earnings Before Tax	3 184 000	1 739 000	1 645 000	1 120 000
Tax	704 000	383 000	310 000	246 000
Net Income	2 480 000	1 356 000	1 335 000	874 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 209 000	48 095 000	50 008 000	49 019 000
Total Current Assets	8 209 000	1 718 000	1 991 000	2 445 000
Total Assets	54 418 000	49 813 000	51 999 000	51 464 000
Total Retained Equity	547 000	1 567 000	6 978 000	5 644 000
Total Equity	1 079 000	2 099 000	7 510 000	6 176 000
Total Long-Term Debt	49 637 000	46 101 000	43 235 000	44 239 000
Total Current Debt	3 702 000	1 613 000	1 253 000	1 050 000
Total Equity and Debt	54 418 000	49 813 000	51 999 000	51 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 854 000	5 501 000	5 021 000	4 964 000
Other Income	612 000	445 000	345 000	516 000
Revenue	7 466 000	5 945 000	5 366 000	5 480 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	16 000	25 000
Depreciation	578 000	578 000	493 000	471 000
Impairment	0	0	0	0
Expenditure	3 332 000	2 563 000	2 320 000	2 960 000
Operating Profit	4 133 000	3 382 000	3 045 000	2 520 000
Financial Income	899 000	110 000	225 000	290 000
Financial Costs	1 848 000	1 753 000	1 626 000	1 690 000
Financial Balance	−949 000	−1 643 000	−1 401 000	−1 400 000
Dividends	2 000 000	0	0	0
Net Income	2 480 000	1 356 000	1 335 000	874 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	31 612 000	33 298 000	31 192 000	30 318 000
Machinery and Plant Facilities	5 800 000	5 800 000	5 500 000	5 500 000
Fixtures	0	0	0	0
Total Tangible Assets	37 412 000	39 098 000	36 692 000	35 818 000
Total Fiancial Fixed Assets	8 797 000	8 997 000	13 315 000	13 201 000
Total Fixed Assets	46 209 000	48 095 000	50 008 000	49 019 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 858 000	1 615 000	1 309 000	1 559 000
Total Current Assets	8 209 000	1 718 000	1 991 000	2 445 000
Total Assets	54 418 000	49 813 000	51 999 000	51 464 000
Total Equity	1 079 000	2 099 000	7 510 000	6 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	49 637 000	46 101 000	43 235 000	44 239 000
Creditors	375 000	688 000	138 000	83 000
Unpaid Taxes	169 000	61 000	87 000	168 000
Dividends	2 000 000	0	0	0
Other Current Debt	535 000	482 000	965 000	577 000
Total Current Debt	3 702 000	1 613 000	1 253 000	1 050 000
Total Equity and Debt	54 418 000	49 813 000	51 999 000	51 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	229,84 %	64,6 %	17,78 %	14,15 %
Debt-to-Equity Ratio	46	21,96	5,76	7,16
Operating Profit Margin	55,36 %	56,89 %	56,75 %	45,99 %
Current Ratio	2,22	1,07	1,59	2,33
Quick Ratio	2,22	1,07	1,59	2,33
Equity Ratio	0,02	0,04	0,14	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %