ARTUR SMET AS

3080 HOLMESTRAND

Finances

Return on Equity

23,08 %

Current Ratio

5,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 736 000	2 636 000	1 943 000	2 473 000
Net Income	862 000	586 000	457 000	528 000
Total Assets	4 043 000	3 122 000	2 495 000	2 068 000
Total Equity	3 735 000	2 873 000	2 287 000	1 830 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 736 000	2 636 000	1 943 000	2 473 000
Expenditure	1 632 000	1 884 000	1 356 000	1 799 000
Operating Profit	1 104 000	752 000	586 000	675 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Earnings Before Tax	1 105 000	752 000	586 000	677 000
Tax	243 000	165 000	129 000	149 000
Net Income	862 000	586 000	457 000	528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 313 000	1 846 000	1 638 000	1 661 000
Total Current Assets	1 729 000	1 276 000	857 000	407 000
Total Assets	4 043 000	3 122 000	2 495 000	2 068 000
Total Retained Equity	3 635 000	2 773 000	2 187 000	1 730 000
Total Equity	3 735 000	2 873 000	2 287 000	1 830 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	308 000	249 000	208 000	239 000
Total Equity and Debt	4 043 000	3 122 000	2 495 000	2 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 549 000	2 451 000	1 707 000	2 288 000
Other Income	187 000	185 000	235 000	186 000
Revenue	2 736 000	2 636 000	1 943 000	2 473 000
Cost of Goods Sold	0	0	0	0
Salary Costs	388 000	362 000	145 000	445 000
Depreciation	32 000	32 000	33 000	34 000
Impairment	0	0	0	0
Expenditure	1 632 000	1 884 000	1 356 000	1 799 000
Operating Profit	1 104 000	752 000	586 000	675 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	2 000
Dividends	0	0	0	0
Net Income	862 000	586 000	457 000	528 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 559 000	1 591 000	1 624 000	1 657 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 559 000	1 591 000	1 624 000	1 657 000
Total Fiancial Fixed Assets	754 000	255 000	14 000	4 000
Total Fixed Assets	2 313 000	1 846 000	1 638 000	1 661 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 350 000	1 276 000	818 000	388 000
Total Current Assets	1 729 000	1 276 000	857 000	407 000
Total Assets	4 043 000	3 122 000	2 495 000	2 068 000
Total Equity	3 735 000	2 873 000	2 287 000	1 830 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	22 000	22 000	24 000
Unpaid Taxes	23 000	20 000	46 000	23 000
Dividends	0	0	0	0
Other Current Debt	41 000	41 000	11 000	44 000
Total Current Debt	308 000	249 000	208 000	239 000
Total Equity and Debt	4 043 000	3 122 000	2 495 000	2 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,08 %	20,4 %	19,98 %	28,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	40,35 %	28,53 %	30,16 %	27,29 %
Current Ratio	5,61	5,12	4,12	1,7
Quick Ratio	5,61	5,12	4,12	1,7
Equity Ratio	0,92	0,92	0,92	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %