SMFB AS

0155 OSLO

Finances

Share Ownership

Return on Equity

−38,18 %

Current Ratio

2,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 629 000	69 842 000	95 177 000	122 402 000
Net Income	−5 220 000	−4 695 000	1 510 000	11 350 000
Total Assets	21 860 000	27 974 000	46 902 000	46 109 000
Total Equity	13 671 000	18 891 000	15 512 000	10 633 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 629 000	69 842 000	95 177 000	122 402 000
Expenditure	50 771 000	74 132 000	97 686 000	113 534 000
Operating Profit	−5 142 000	−4 290 000	−2 509 000	8 868 000
Financial Income	73 000	39 000	4 298 000	6 369 000
Financial Costs	151 000	184 000	240 000	1 869 000
Financial Balance	−78 000	−145 000	4 058 000	4 500 000
Earnings Before Tax	−5 220 000	−4 435 000	1 549 000	13 368 000
Tax	0	260 000	39 000	2 017 000
Net Income	−5 220 000	−4 695 000	1 510 000	11 350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	775 000	1 026 000	2 020 000	4 491 000
Total Current Assets	21 085 000	26 948 000	44 882 000	41 618 000
Total Assets	21 860 000	27 974 000	46 902 000	46 109 000
Total Retained Equity	11 009 000	16 229 000	12 850 000	8 418 000
Total Equity	13 671 000	18 891 000	15 512 000	10 633 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 189 000	9 082 000	31 390 000	35 476 000
Total Equity and Debt	21 860 000	27 974 000	46 902 000	46 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 697 000	68 106 000	93 576 000	122 402 000
Other Income	933 000	1 736 000	1 600 000	0
Revenue	45 629 000	69 842 000	95 177 000	122 402 000
Cost of Goods Sold	14 927 000	22 554 000	38 618 000	64 919 000
Salary Costs	24 195 000	40 111 000	43 713 000	35 000 000
Depreciation	553 000	462 000	385 000	285 000
Impairment	0	477 000	0	0
Expenditure	50 771 000	74 132 000	97 686 000	113 534 000
Operating Profit	−5 142 000	−4 290 000	−2 509 000	8 868 000
Financial Income	73 000	39 000	4 298 000	6 369 000
Financial Costs	151 000	184 000	240 000	1 869 000
Financial Balance	−78 000	−145 000	4 058 000	4 500 000
Dividends	0	0	0	11 000 000
Net Income	−5 220 000	−4 695 000	1 510 000	11 350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	178 000	178 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	143 000	1 026 000	1 175 000	483 000
Total Tangible Assets	143 000	1 026 000	1 175 000	483 000
Total Fiancial Fixed Assets	631 000	0	667 000	3 829 000
Total Fixed Assets	775 000	1 026 000	2 020 000	4 491 000
Stock	0	0	0	3 379 000
Total Investments	0	0	0	0
Cash, Bank	493 000	8 073 000	12 950 000	8 003 000
Total Current Assets	21 085 000	26 948 000	44 882 000	41 618 000
Total Assets	21 860 000	27 974 000	46 902 000	46 109 000
Total Equity	13 671 000	18 891 000	15 512 000	10 633 000
Short-Term Group Debt	0	0	250 000	5 009 000
Total Long-Term Debt	0	0	0	0
Creditors	2 024 000	1 512 000	9 887 000	5 056 000
Unpaid Taxes	2 406 000	4 314 000	5 962 000	4 023 000
Dividends	0	0	0	11 000 000
Other Current Debt	3 759 000	3 257 000	12 290 000	9 429 000
Total Current Debt	8 189 000	9 082 000	31 390 000	35 476 000
Total Equity and Debt	21 860 000	27 974 000	46 902 000	46 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−38,18 %	−24,85 %	9,73 %	106,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−11,27 %	−6,14 %	−2,64 %	7,24 %
Current Ratio	2,57	2,97	1,43	1,17
Quick Ratio	2,57	2,97	1,43	1,3
Equity Ratio	0,63	0,68	0,33	0,23
Gross Profit Margin	67,29 %	67,71 %	59,43 %	46,96 %