SMEDEN I SUND AS

8380 RAMBERG

Finances

Return on Equity

39,54 %

Current Ratio

2,33

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 401 000	2 683 000	2 645 000	2 968 000
Net Income	172 000	−84 000	247 000	539 000
Total Assets	1 211 000	1 125 000	1 337 000	904 000
Total Equity	435 000	262 000	347 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 401 000	2 683 000	2 645 000	2 968 000
Expenditure	3 196 000	2 767 000	2 319 000	2 414 000
Operating Profit	205 000	−85 000	326 000	554 000
Financial Income	0	0	0	0
Financial Costs	0	0	8 000	1 000
Financial Balance	0	0	−8 000	−1 000
Earnings Before Tax	205 000	−85 000	318 000	553 000
Tax	33 000	−1 000	72 000	14 000
Net Income	172 000	−84 000	247 000	539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	5 000	10 000	13 000
Total Current Assets	1 200 000	1 120 000	1 327 000	891 000
Total Assets	1 211 000	1 125 000	1 337 000	904 000
Total Retained Equity	335 000	162 000	247 000	0
Total Equity	435 000	262 000	347 000	100 000
Total Long-Term Debt	263 000	468 000	643 000	574 000
Total Current Debt	514 000	395 000	348 000	230 000
Total Equity and Debt	1 211 000	1 125 000	1 337 000	904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 378 000	2 633 000	2 641 000	2 843 000
Other Income	23 000	50 000	5 000	125 000
Revenue	3 401 000	2 683 000	2 645 000	2 968 000
Cost of Goods Sold	137 000	87 000	47 000	71 000
Salary Costs	1 718 000	1 571 000	1 139 000	1 100 000
Depreciation	0	5 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	3 196 000	2 767 000	2 319 000	2 414 000
Operating Profit	205 000	−85 000	326 000	554 000
Financial Income	0	0	0	0
Financial Costs	0	0	8 000	1 000
Financial Balance	0	0	−8 000	−1 000
Dividends	0	0	0	0
Net Income	172 000	−84 000	247 000	539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	5 000	9 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	5 000	9 000
Total Fiancial Fixed Assets	11 000	5 000	5 000	5 000
Total Fixed Assets	11 000	5 000	10 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 048 000	1 036 000	1 159 000	778 000
Total Current Assets	1 200 000	1 120 000	1 327 000	891 000
Total Assets	1 211 000	1 125 000	1 337 000	904 000
Total Equity	435 000	262 000	347 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	263 000	468 000	643 000	574 000
Creditors	83 000	59 000	56 000	63 000
Unpaid Taxes	93 000	51 000	37 000	48 000
Dividends	0	0	0	0
Other Current Debt	304 000	285 000	184 000	105 000
Total Current Debt	514 000	395 000	348 000	230 000
Total Equity and Debt	1 211 000	1 125 000	1 337 000	904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,54 %	−32,06 %	71,18 %	539 %
Debt-to-Equity Ratio	0,6	1,79	1,85	5,74
Operating Profit Margin	6,03 %	−3,17 %	12,33 %	18,67 %
Current Ratio	2,33	2,84	3,81	3,87
Quick Ratio	2,33	2,84	3,81	3,87
Equity Ratio	0,36	0,23	0,26	0,11
Gross Profit Margin	95,97 %	96,76 %	98,22 %	97,61 %