SMI SNOW MAKERS AS

3034 DRAMMEN

Finances

Share Ownership

Return on Equity

30,3 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 070 000	12 265 000	6 923 000	6 660 000
Net Income	1 141 000	360 000	55 000	−1 591 000
Total Assets	11 193 000	4 362 000	4 882 000	4 609 000
Total Equity	3 766 000	2 625 000	2 265 000	2 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 070 000	12 265 000	6 923 000	6 660 000
Expenditure	14 855 000	11 900 000	6 831 000	8 041 000
Operating Profit	1 215 000	365 000	92 000	−1 382 000
Financial Income	64 000	13 000	34 000	9 000
Financial Costs	73 000	19 000	71 000	47 000
Financial Balance	−9 000	−6 000	−37 000	−38 000
Earnings Before Tax	1 205 000	360 000	55 000	−1 419 000
Tax	64 000	0	0	171 000
Net Income	1 141 000	360 000	55 000	−1 591 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	708 000	475 000	238 000	337 000
Total Current Assets	10 485 000	3 887 000	4 644 000	4 272 000
Total Assets	11 193 000	4 362 000	4 882 000	4 609 000
Total Retained Equity	3 666 000	2 525 000	2 165 000	2 110 000
Total Equity	3 766 000	2 625 000	2 265 000	2 210 000
Total Long-Term Debt	529 000	303 000	82 000	166 000
Total Current Debt	6 898 000	1 433 000	2 535 000	2 233 000
Total Equity and Debt	11 193 000	4 362 000	4 882 000	4 609 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 070 000	12 254 000	6 921 000	6 618 000
Other Income	0	11 000	2 000	41 000
Revenue	16 070 000	12 265 000	6 923 000	6 660 000
Cost of Goods Sold	10 710 000	8 174 000	4 483 000	4 313 000
Salary Costs	2 336 000	2 312 000	1 512 000	2 382 000
Depreciation	155 000	104 000	99 000	118 000
Impairment	0	0	0	0
Expenditure	14 855 000	11 900 000	6 831 000	8 041 000
Operating Profit	1 215 000	365 000	92 000	−1 382 000
Financial Income	64 000	13 000	34 000	9 000
Financial Costs	73 000	19 000	71 000	47 000
Financial Balance	−9 000	−6 000	−37 000	−38 000
Dividends	0	0	0	0
Net Income	1 141 000	360 000	55 000	−1 591 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	365 000	22 000	0	5 000
Total Tangible Assets	708 000	475 000	238 000	337 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	708 000	475 000	238 000	337 000
Stock	4 499 000	1 161 000	920 000	1 634 000
Total Investments	0	0	0	0
Cash, Bank	1 960 000	1 028 000	2 667 000	1 054 000
Total Current Assets	10 485 000	3 887 000	4 644 000	4 272 000
Total Assets	11 193 000	4 362 000	4 882 000	4 609 000
Total Equity	3 766 000	2 625 000	2 265 000	2 210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	529 000	303 000	82 000	166 000
Creditors	5 273 000	174 000	644 000	1 099 000
Unpaid Taxes	676 000	808 000	969 000	744 000
Dividends	0	0	0	0
Other Current Debt	884 000	451 000	921 000	390 000
Total Current Debt	6 898 000	1 433 000	2 535 000	2 233 000
Total Equity and Debt	11 193 000	4 362 000	4 882 000	4 609 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,3 %	13,71 %	2,43 %	−71,99 %
Debt-to-Equity Ratio	0,14	0,12	0,04	0,08
Operating Profit Margin	7,56 %	2,98 %	1,33 %	−20,75 %
Current Ratio	1,52	2,71	1,83	1,91
Quick Ratio	4,37	14,29	2,88	7,13
Equity Ratio	0,34	0,6	0,46	0,48
Gross Profit Margin	33,35 %	33,36 %	35,24 %	35,24 %