SMI MEKANISK AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

−58,3 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 037 000	8 371 000	6 150 000	6 020 000
Net Income	−541 000	110 000	170 000	9 000
Total Assets	2 124 000	2 592 000	3 270 000	2 768 000
Total Equity	928 000	1 468 000	204 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 037 000	8 371 000	6 150 000	6 020 000
Expenditure	7 747 000	8 190 000	5 940 000	6 055 000
Operating Profit	−710 000	180 000	211 000	−35 000
Financial Income	7 000	2 000	2 000	1 000
Financial Costs	16 000	7 000	11 000	54 000
Financial Balance	−9 000	−5 000	−9 000	−53 000
Earnings Before Tax	−719 000	175 000	201 000	−88 000
Tax	−178 000	65 000	31 000	−96 000
Net Income	−541 000	110 000	170 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 000	7 000	102 000	172 000
Total Current Assets	1 945 000	2 585 000	3 168 000	2 596 000
Total Assets	2 124 000	2 592 000	3 270 000	2 768 000
Total Retained Equity	−327 000	213 000	104 000	−66 000
Total Equity	928 000	1 468 000	204 000	34 000
Total Long-Term Debt	120 000	360 000	1 241 000	1 291 000
Total Current Debt	1 076 000	764 000	1 826 000	1 443 000
Total Equity and Debt	2 124 000	2 592 000	3 270 000	2 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 037 000	8 371 000	6 090 000	6 020 000
Other Income	0	0	60 000	0
Revenue	7 037 000	8 371 000	6 150 000	6 020 000
Cost of Goods Sold	3 031 000	4 133 000	2 463 000	2 183 000
Salary Costs	3 047 000	2 614 000	2 231 000	2 633 000
Depreciation	7 000	31 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	7 747 000	8 190 000	5 940 000	6 055 000
Operating Profit	−710 000	180 000	211 000	−35 000
Financial Income	7 000	2 000	2 000	1 000
Financial Costs	16 000	7 000	11 000	54 000
Financial Balance	−9 000	−5 000	−9 000	−53 000
Dividends	0	0	0	0
Net Income	−541 000	110 000	170 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	178 000	0	65 000	96 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	7 000	37 000	76 000
Total Tangible Assets	0	7 000	37 000	76 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	179 000	7 000	102 000	172 000
Stock	629 000	663 000	761 000	1 091 000
Total Investments	0	0	0	0
Cash, Bank	854 000	1 239 000	446 000	480 000
Total Current Assets	1 945 000	2 585 000	3 168 000	2 596 000
Total Assets	2 124 000	2 592 000	3 270 000	2 768 000
Total Equity	928 000	1 468 000	204 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	120 000	360 000	1 241 000	1 291 000
Creditors	414 000	175 000	1 219 000	736 000
Unpaid Taxes	334 000	300 000	291 000	393 000
Dividends	0	0	0	0
Other Current Debt	328 000	289 000	316 000	315 000
Total Current Debt	1 076 000	764 000	1 826 000	1 443 000
Total Equity and Debt	2 124 000	2 592 000	3 270 000	2 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,3 %	7,49 %	83,33 %	26,47 %
Debt-to-Equity Ratio	0,13	0,25	6,08	37,97
Operating Profit Margin	−10,09 %	2,15 %	3,43 %	−0,58 %
Current Ratio	1,81	3,38	1,73	1,8
Quick Ratio	4,35	25,59	2,97	7,38
Equity Ratio	0,44	0,57	0,06	0,01
Gross Profit Margin	56,93 %	50,63 %	59,95 %	63,74 %