SMED T KRISTIANSEN AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

−14,01 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 214 000	34 309 000	39 581 000	51 708 000
Net Income	−1 712 000	−741 000	−314 000	5 247 000
Total Assets	28 542 000	24 104 000	20 694 000	28 963 000
Total Equity	12 220 000	13 932 000	14 673 000	15 987 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 214 000	34 309 000	39 581 000	51 708 000
Expenditure	41 963 000	34 675 000	37 383 000	47 681 000
Operating Profit	−1 749 000	−690 000	−373 000	6 924 000
Financial Income	53 000	13 000	414 000	179 000
Financial Costs	494 000	271 000	437 000	364 000
Financial Balance	−441 000	−258 000	−23 000	−185 000
Earnings Before Tax	−2 190 000	−948 000	−395 000	6 739 000
Tax	−478 000	−207 000	−81 000	1 491 000
Net Income	−1 712 000	−741 000	−314 000	5 247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 235 000	2 622 000	2 915 000	3 376 000
Total Current Assets	26 308 000	21 482 000	17 779 000	25 587 000
Total Assets	28 542 000	24 104 000	20 694 000	28 963 000
Total Retained Equity	12 120 000	13 832 000	14 573 000	15 887 000
Total Equity	12 220 000	13 932 000	14 673 000	15 987 000
Total Long-Term Debt	4 700 000	0	265 000	1 200 000
Total Current Debt	11 622 000	10 171 000	5 756 000	11 776 000
Total Equity and Debt	28 542 000	24 104 000	20 694 000	28 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 184 000	34 309 000	39 581 000	51 708 000
Other Income	30 000	0	0	0
Revenue	40 214 000	34 309 000	39 581 000	51 708 000
Cost of Goods Sold	17 410 000	14 524 000	15 143 000	28 093 000
Salary Costs	12 957 000	11 630 000	12 792 000	11 670 000
Depreciation	786 000	831 000	813 000	1 155 000
Impairment	0	0	0	0
Expenditure	41 963 000	34 675 000	37 383 000	47 681 000
Operating Profit	−1 749 000	−690 000	−373 000	6 924 000
Financial Income	53 000	13 000	414 000	179 000
Financial Costs	494 000	271 000	437 000	364 000
Financial Balance	−441 000	−258 000	−23 000	−185 000
Dividends	0	0	0	0
Net Income	−1 712 000	−741 000	−314 000	5 247 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	645 000	167 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 522 000	2 309 000	2 646 000	2 984 000
Total Tangible Assets	1 522 000	2 309 000	2 646 000	2 984 000
Total Fiancial Fixed Assets	67 000	146 000	269 000	392 000
Total Fixed Assets	2 235 000	2 622 000	2 915 000	3 376 000
Stock	13 579 000	13 811 000	12 630 000	11 360 000
Total Investments	0	0	0	0
Cash, Bank	518 000	437 000	387 000	1 013 000
Total Current Assets	26 308 000	21 482 000	17 779 000	25 587 000
Total Assets	28 542 000	24 104 000	20 694 000	28 963 000
Total Equity	12 220 000	13 932 000	14 673 000	15 987 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 700 000	0	265 000	1 200 000
Creditors	2 931 000	2 170 000	2 398 000	3 371 000
Unpaid Taxes	2 319 000	1 100 000	1 261 000	3 133 000
Dividends	0	0	0	0
Other Current Debt	1 760 000	1 621 000	1 638 000	529 000
Total Current Debt	11 622 000	10 171 000	5 756 000	11 776 000
Total Equity and Debt	28 542 000	24 104 000	20 694 000	28 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,01 %	−5,32 %	−2,14 %	32,82 %
Debt-to-Equity Ratio	0,38	0	0,02	0,08
Operating Profit Margin	−4,35 %	−2,01 %	−0,94 %	13,39 %
Current Ratio	2,26	2,11	3,09	2,17
Quick Ratio	−13,44	−5,9	−2,59	61,51
Equity Ratio	0,43	0,58	0,71	0,55
Gross Profit Margin	56,71 %	57,67 %	61,74 %	45,67 %