GEORG SMISTAD SALG & SERVICE AS

7670 INDERØY

Finances

Return on Equity

15,7 %

Current Ratio

2,65

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 664 000	2 685 000	2 683 000	2 741 000
Net Income	680 000	108 000	549 000	560 000
Total Assets	6 131 000	4 754 000	4 568 000	4 288 000
Total Equity	4 330 000	3 650 000	3 542 000	3 199 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 664 000	2 685 000	2 683 000	2 741 000
Expenditure	2 696 000	2 507 000	1 979 000	2 337 000
Operating Profit	968 000	179 000	752 000	770 000
Financial Income	30 000	30 000	18 000	9 000
Financial Costs	126 000	69 000	65 000	61 000
Financial Balance	−96 000	−39 000	−47 000	−52 000
Earnings Before Tax	872 000	140 000	705 000	719 000
Tax	192 000	32 000	155 000	158 000
Net Income	680 000	108 000	549 000	560 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 504 000	3 641 000	3 456 000	1 884 000
Total Current Assets	1 627 000	1 112 000	1 112 000	2 405 000
Total Assets	6 131 000	4 754 000	4 568 000	4 288 000
Total Retained Equity	4 220 000	3 540 000	3 432 000	3 089 000
Total Equity	4 330 000	3 650 000	3 542 000	3 199 000
Total Long-Term Debt	1 185 000	245 000	77 000	18 000
Total Current Debt	615 000	858 000	948 000	1 071 000
Total Equity and Debt	6 131 000	4 754 000	4 568 000	4 288 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 664 000	2 579 000	2 403 000	2 741 000
Other Income	0	107 000	280 000	0
Revenue	3 664 000	2 685 000	2 683 000	2 741 000
Cost of Goods Sold	842 000	526 000	382 000	706 000
Salary Costs	286 000	396 000	322 000	365 000
Depreciation	161 000	143 000	117 000	83 000
Impairment	0	0	0	0
Expenditure	2 696 000	2 507 000	1 979 000	2 337 000
Operating Profit	968 000	179 000	752 000	770 000
Financial Income	30 000	30 000	18 000	9 000
Financial Costs	126 000	69 000	65 000	61 000
Financial Balance	−96 000	−39 000	−47 000	−52 000
Dividends	0	0	0	0
Net Income	680 000	108 000	549 000	560 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 145 000	1 387 000	1 401 000	42 000
Machinery and Plant Facilities	400 000	510 000	513 000	0
Fixtures	40 000	72 000	57 000	121 000
Total Tangible Assets	2 585 000	1 969 000	1 972 000	163 000
Total Fiancial Fixed Assets	1 919 000	1 672 000	1 484 000	1 721 000
Total Fixed Assets	4 504 000	3 641 000	3 456 000	1 884 000
Stock	475 000	390 000	276 000	1 602 000
Total Investments	0	0	0	0
Cash, Bank	30 000	8 000	8 000	11 000
Total Current Assets	1 627 000	1 112 000	1 112 000	2 405 000
Total Assets	6 131 000	4 754 000	4 568 000	4 288 000
Total Equity	4 330 000	3 650 000	3 542 000	3 199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 185 000	245 000	77 000	18 000
Creditors	249 000	193 000	250 000	368 000
Unpaid Taxes	79 000	137 000	46 000	176 000
Dividends	0	0	0	0
Other Current Debt	94 000	239 000	301 000	267 000
Total Current Debt	615 000	858 000	948 000	1 071 000
Total Equity and Debt	6 131 000	4 754 000	4 568 000	4 288 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,7 %	2,96 %	15,5 %	17,51 %
Debt-to-Equity Ratio	0,27	0,07	0,02	0,01
Operating Profit Margin	26,42 %	6,67 %	28,03 %	28,09 %
Current Ratio	2,65	1,3	1,17	2,25
Quick Ratio	11,62	2,38	1,65	−4,53
Equity Ratio	0,71	0,77	0,78	0,75
Gross Profit Margin	77,02 %	80,41 %	85,76 %	74,24 %