SMC FINANCE AS

3150 TOLVSRØD

Finances

Return on Equity

25,46 %

Current Ratio

0,51

Debt-to-Equity Ratio

−2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 011 000	2 563 000	2 874 000	2 929 000
Net Income	−234 000	−80 000	157 000	110 000
Total Assets	2 013 000	2 233 000	2 390 000	1 369 000
Total Equity	−919 000	−685 000	−605 000	−762 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 011 000	2 563 000	2 874 000	2 929 000
Expenditure	3 142 000	2 502 000	2 516 000	2 635 000
Operating Profit	−131 000	61 000	358 000	293 000
Financial Income	1 000	0	0	0
Financial Costs	144 000	148 000	143 000	137 000
Financial Balance	−143 000	−148 000	−143 000	−137 000
Earnings Before Tax	−274 000	−86 000	216 000	156 000
Tax	−40 000	−6 000	59 000	46 000
Net Income	−234 000	−80 000	157 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 461 000	1 631 000	1 807 000	873 000
Total Current Assets	552 000	602 000	583 000	496 000
Total Assets	2 013 000	2 233 000	2 390 000	1 369 000
Total Retained Equity	−1 779 000	−1 545 000	−1 466 000	−1 622 000
Total Equity	−919 000	−685 000	−605 000	−762 000
Total Long-Term Debt	1 849 000	2 050 000	2 239 000	1 309 000
Total Current Debt	1 083 000	868 000	757 000	821 000
Total Equity and Debt	2 013 000	2 233 000	2 390 000	1 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 069 000	2 572 000	2 776 000	2 868 000
Other Income	−58 000	−9 000	97 000	61 000
Revenue	3 011 000	2 563 000	2 874 000	2 929 000
Cost of Goods Sold	0	0	0	52 000
Salary Costs	2 055 000	1 274 000	1 417 000	1 554 000
Depreciation	171 000	179 000	150 000	185 000
Impairment	0	0	0	0
Expenditure	3 142 000	2 502 000	2 516 000	2 635 000
Operating Profit	−131 000	61 000	358 000	293 000
Financial Income	1 000	0	0	0
Financial Costs	144 000	148 000	143 000	137 000
Financial Balance	−143 000	−148 000	−143 000	−137 000
Dividends	0	0	0	0
Net Income	−234 000	−80 000	157 000	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	1 311 000	1 481 000	1 657 000	723 000
Total Tangible Assets	1 311 000	1 481 000	1 657 000	723 000
Total Fiancial Fixed Assets	150 000	150 000	150 000	150 000
Total Fixed Assets	1 461 000	1 631 000	1 807 000	873 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	103 000	161 000	160 000	130 000
Total Current Assets	552 000	602 000	583 000	496 000
Total Assets	2 013 000	2 233 000	2 390 000	1 369 000
Total Equity	−919 000	−685 000	−605 000	−762 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 849 000	2 050 000	2 239 000	1 309 000
Creditors	253 000	239 000	166 000	85 000
Unpaid Taxes	408 000	234 000	337 000	335 000
Dividends	0	0	0	0
Other Current Debt	422 000	396 000	254 000	362 000
Total Current Debt	1 083 000	868 000	757 000	821 000
Total Equity and Debt	2 013 000	2 233 000	2 390 000	1 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,46 %	11,68 %	−25,95 %	−14,44 %
Debt-to-Equity Ratio	−2,01	−2,99	−3,7	−1,72
Operating Profit Margin	−4,35 %	2,38 %	12,46 %	10 %
Current Ratio	0,51	0,69	0,77	0,6
Quick Ratio	0,51	0,69	0,77	0,6
Equity Ratio	−0,46	−0,31	−0,25	−0,56
Gross Profit Margin	100 %	100 %	100 %	98,22 %