SMIDT & SMULE AS

5225 NESTTUN

Finances

Return on Equity

25 %

Current Ratio

212,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	−67 000
Net Income	4 689 000	3 820 000	1 287 000	1 610 000
Total Assets	18 828 000	14 081 000	11 756 000	11 194 000
Total Equity	18 759 000	14 069 000	11 750 000	10 763 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	−67 000
Expenditure	71 000	88 000	50 000	0
Operating Profit	−71 000	−88 000	−50 000	−67 000
Financial Income	4 829 000	4 119 000	1 632 000	1 699 000
Financial Costs	0	200 000	300 000	0
Financial Balance	4 829 000	3 919 000	1 332 000	1 699 000
Earnings Before Tax	4 759 000	3 831 000	1 283 000	1 632 000
Tax	69 000	12 000	−4 000	22 000
Net Income	4 689 000	3 820 000	1 287 000	1 610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 170 000	4 373 000	3 994 000	3 845 000
Total Current Assets	14 658 000	9 708 000	7 762 000	7 349 000
Total Assets	18 828 000	14 081 000	11 756 000	11 194 000
Total Retained Equity	18 593 000	13 904 000	11 584 000	10 597 000
Total Equity	18 759 000	14 069 000	11 750 000	10 763 000
Total Long-Term Debt	0	0	0	10 000
Total Current Debt	69 000	12 000	6 000	420 000
Total Equity and Debt	18 828 000	14 081 000	11 756 000	11 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	−67 000
Revenue	0	0	0	−67 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	7 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	71 000	88 000	50 000	0
Operating Profit	−71 000	−88 000	−50 000	−67 000
Financial Income	4 829 000	4 119 000	1 632 000	1 699 000
Financial Costs	0	200 000	300 000	0
Financial Balance	4 829 000	3 919 000	1 332 000	1 699 000
Dividends	0	1 500 000	0	400 000
Net Income	4 689 000	3 820 000	1 287 000	1 610 000

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	13 000	20 000	0	0
Total Tangible Assets	13 000	20 000	0	0
Total Fiancial Fixed Assets	4 157 000	4 353 000	3 994 000	3 845 000
Total Fixed Assets	4 170 000	4 373 000	3 994 000	3 845 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 454 000	8 400 000	6 182 000	5 769 000
Total Current Assets	14 658 000	9 708 000	7 762 000	7 349 000
Total Assets	18 828 000	14 081 000	11 756 000	11 194 000
Total Equity	18 759 000	14 069 000	11 750 000	10 763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	10 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	1 500 000	0	400 000
Other Current Debt	0	0	0	0
Total Current Debt	69 000	12 000	6 000	420 000
Total Equity and Debt	18 828 000	14 081 000	11 756 000	11 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	27,15 %	10,95 %	14,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	100 %
Current Ratio	212,43	809	1 293,67	17,5
Quick Ratio	212,43	809	1 293,67	17,5
Equity Ratio	1	1	1	0,96
Gross Profit Margin	-	-	-	100 %