SMIDSRØD TRANSPORT AS

3175 RAMNES

Finances

Share Ownership

Return on Equity

20,33 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 492 000	2 088 000	2 059 000	1 299 000
Net Income	174 000	−35 000	346 000	−129 000
Total Assets	1 137 000	948 000	1 030 000	755 000
Total Equity	856 000	681 000	716 000	371 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 492 000	2 088 000	2 059 000	1 299 000
Expenditure	2 271 000	2 135 000	1 619 000	1 469 000
Operating Profit	221 000	−47 000	441 000	−170 000
Financial Income	4 000	5 000	5 000	6 000
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	2 000	3 000	3 000	4 000
Earnings Before Tax	223 000	−45 000	443 000	−167 000
Tax	49 000	−10 000	97 000	−38 000
Net Income	174 000	−35 000	346 000	−129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	409 000	259 000	238 000	219 000
Total Current Assets	728 000	689 000	793 000	536 000
Total Assets	1 137 000	948 000	1 030 000	755 000
Total Retained Equity	744 000	569 000	604 000	259 000
Total Equity	856 000	681 000	716 000	371 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	282 000	267 000	314 000	384 000
Total Equity and Debt	1 137 000	948 000	1 030 000	755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 428 000	2 088 000	2 059 000	1 299 000
Other Income	64 000	0	0	0
Revenue	2 492 000	2 088 000	2 059 000	1 299 000
Cost of Goods Sold	107 000	64 000	7 000	62 000
Salary Costs	730 000	692 000	677 000	556 000
Depreciation	109 000	57 000	35 000	22 000
Impairment	0	0	0	0
Expenditure	2 271 000	2 135 000	1 619 000	1 469 000
Operating Profit	221 000	−47 000	441 000	−170 000
Financial Income	4 000	5 000	5 000	6 000
Financial Costs	2 000	2 000	2 000	2 000
Financial Balance	2 000	3 000	3 000	4 000
Dividends	0	0	0	0
Net Income	174 000	−35 000	346 000	−129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	12 000	2 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	57 000	77 000	98 000	0
Fixtures	311 000	129 000	97 000	127 000
Total Tangible Assets	367 000	207 000	195 000	127 000
Total Fiancial Fixed Assets	40 000	40 000	40 000	40 000
Total Fixed Assets	409 000	259 000	238 000	219 000
Stock	0	0	40 000	40 000
Total Investments	0	0	0	0
Cash, Bank	579 000	544 000	584 000	378 000
Total Current Assets	728 000	689 000	793 000	536 000
Total Assets	1 137 000	948 000	1 030 000	755 000
Total Equity	856 000	681 000	716 000	371 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	29 000	41 000	313 000
Unpaid Taxes	148 000	171 000	176 000	34 000
Dividends	0	0	0	0
Other Current Debt	66 000	67 000	49 000	38 000
Total Current Debt	282 000	267 000	314 000	384 000
Total Equity and Debt	1 137 000	948 000	1 030 000	755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,33 %	−5,14 %	48,32 %	−34,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,87 %	−2,25 %	21,42 %	−13,09 %
Current Ratio	2,58	2,58	2,53	1,4
Quick Ratio	2,58	2,58	2,89	1,56
Equity Ratio	0,75	0,72	0,7	0,49
Gross Profit Margin	95,71 %	96,93 %	99,66 %	95,23 %