SM HÅNDVERKSERVICE AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−189,01 %

Current Ratio

0,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 273 000	4 262 000	6 063 000	5 400 000
Net Income	−172 000	−247 000	374 000	110 000
Total Assets	863 000	1 310 000	1 760 000	1 388 000
Total Equity	91 000	263 000	510 000	136 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 273 000	4 262 000	6 063 000	5 400 000
Expenditure	2 427 000	4 515 000	5 679 000	5 303 000
Operating Profit	−154 000	−254 000	384 000	98 000
Financial Income	20 000	21 000	0	21 000
Financial Costs	37 000	13 000	10 000	9 000
Financial Balance	−17 000	8 000	−10 000	12 000
Earnings Before Tax	−172 000	−247 000	374 000	110 000
Tax	0	0	0	0
Net Income	−172 000	−247 000	374 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	233 000	295 000	233 000	299 000
Total Current Assets	630 000	1 015 000	1 526 000	1 089 000
Total Assets	863 000	1 310 000	1 760 000	1 388 000
Total Retained Equity	−9 000	163 000	410 000	36 000
Total Equity	91 000	263 000	510 000	136 000
Total Long-Term Debt	0	354 000	295 000	128 000
Total Current Debt	772 000	693 000	955 000	1 124 000
Total Equity and Debt	863 000	1 310 000	1 760 000	1 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 587 000	3 948 000	6 178 000	5 259 000
Other Income	−314 000	314 000	−115 000	142 000
Revenue	2 273 000	4 262 000	6 063 000	5 400 000
Cost of Goods Sold	510 000	984 000	1 463 000	1 208 000
Salary Costs	1 179 000	2 822 000	3 459 000	3 305 000
Depreciation	61 000	97 000	131 000	145 000
Impairment	0	0	0	0
Expenditure	2 427 000	4 515 000	5 679 000	5 303 000
Operating Profit	−154 000	−254 000	384 000	98 000
Financial Income	20 000	21 000	0	21 000
Financial Costs	37 000	13 000	10 000	9 000
Financial Balance	−17 000	8 000	−10 000	12 000
Dividends	0	0	0	0
Net Income	−172 000	−247 000	374 000	110 000

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	233 000	295 000	233 000	299 000
Total Tangible Assets	233 000	295 000	233 000	299 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	233 000	295 000	233 000	299 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	133 000	539 000	1 309 000	881 000
Total Current Assets	630 000	1 015 000	1 526 000	1 089 000
Total Assets	863 000	1 310 000	1 760 000	1 388 000
Total Equity	91 000	263 000	510 000	136 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	354 000	295 000	128 000
Creditors	43 000	69 000	44 000	93 000
Unpaid Taxes	160 000	193 000	481 000	443 000
Dividends	0	0	0	0
Other Current Debt	569 000	432 000	431 000	588 000
Total Current Debt	772 000	693 000	955 000	1 124 000
Total Equity and Debt	863 000	1 310 000	1 760 000	1 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−189,01 %	−93,92 %	73,33 %	80,88 %
Debt-to-Equity Ratio	0	1,35	0,58	0,94
Operating Profit Margin	−6,78 %	−5,96 %	6,33 %	1,81 %
Current Ratio	0,82	1,46	1,6	0,97
Quick Ratio	0,82	1,46	1,6	0,97
Equity Ratio	0,11	0,2	0,29	0,1
Gross Profit Margin	77,56 %	76,91 %	75,87 %	77,63 %