SMØRSTEIN HOLDING AS

3292 STAVERN

Finances

Return on Equity

6,27 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	433 437 000	340 372 000	0	0
Net Income	9 240 000	90 117 000	2 972 000	3 405 000
Total Assets	317 243 000	265 679 000	42 958 000	37 224 000
Total Equity	147 301 000	138 061 000	34 967 000	34 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	433 437 000	340 372 000	0	0
Expenditure	415 933 000	322 408 000	61 000	57 000
Operating Profit	17 504 000	17 964 000	−61 000	−57 000
Financial Income	7 550 000	83 061 000	3 872 000	4 423 000
Financial Costs	13 077 000	7 304 000	0	0
Financial Balance	−5 527 000	75 757 000	3 872 000	4 423 000
Earnings Before Tax	11 977 000	93 721 000	3 811 000	4 366 000
Tax	2 736 000	3 604 000	838 000	961 000
Net Income	9 240 000	90 117 000	2 972 000	3 405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 239 000	35 056 000	37 318 000	24 030 000
Total Current Assets	290 004 000	230 622 000	5 640 000	13 194 000
Total Assets	317 243 000	265 679 000	42 958 000	37 224 000
Total Retained Equity	125 584 000	126 223 000	23 130 000	23 128 000
Total Equity	147 301 000	138 061 000	34 967 000	34 965 000
Total Long-Term Debt	793 000	1 593 000	3 547 000	0
Total Current Debt	169 149 000	126 025 000	4 444 000	2 259 000
Total Equity and Debt	317 243 000	265 679 000	42 958 000	37 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	423 669 000	335 089 000	0	0
Other Income	9 768 000	5 282 000	0	0
Revenue	433 437 000	340 372 000	0	0
Cost of Goods Sold	324 224 000	240 905 000	0	0
Salary Costs	36 614 000	30 800 000	0	0
Depreciation	6 327 000	7 922 000	0	0
Impairment	0	0	0	0
Expenditure	415 933 000	322 408 000	61 000	57 000
Operating Profit	17 504 000	17 964 000	−61 000	−57 000
Financial Income	7 550 000	83 061 000	3 872 000	4 423 000
Financial Costs	13 077 000	7 304 000	0	0
Financial Balance	−5 527 000	75 757 000	3 872 000	4 423 000
Dividends	0	0	2 300 000	0
Net Income	9 240 000	90 117 000	2 972 000	3 405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	10 730 000	15 499 000	0	0
Total Intangible Assets	13 026 000	18 893 000	0	0
Real Eastate	182 000	0	0	0
Machinery and Plant Facilities	861 000	509 000	0	0
Fixtures	1 998 000	2 212 000	0	0
Total Tangible Assets	3 042 000	2 721 000	0	0
Total Fiancial Fixed Assets	11 171 000	13 443 000	37 318 000	24 030 000
Total Fixed Assets	27 239 000	35 056 000	37 318 000	24 030 000
Stock	98 791 000	89 483 000	0	0
Total Investments	9 527 000	0	0	0
Cash, Bank	49 924 000	71 979 000	118 000	2 942 000
Total Current Assets	290 004 000	230 622 000	5 640 000	13 194 000
Total Assets	317 243 000	265 679 000	42 958 000	37 224 000
Total Equity	147 301 000	138 061 000	34 967 000	34 965 000
Short-Term Group Debt	0	0	1 333 000	1 464 000
Total Long-Term Debt	793 000	1 593 000	3 547 000	0
Creditors	24 043 000	30 368 000	19 000	0
Unpaid Taxes	13 680 000	13 443 000	0	0
Dividends	0	0	2 300 000	0
Other Current Debt	5 097 000	4 214 000	142 000	142 000
Total Current Debt	169 149 000	126 025 000	4 444 000	2 259 000
Total Equity and Debt	317 243 000	265 679 000	42 958 000	37 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,27 %	65,27 %	8,5 %	9,74 %
Debt-to-Equity Ratio	0,01	0,01	0,1	0
Operating Profit Margin	4,04 %	5,28 %	-	-
Current Ratio	1,71	1,83	1,27	5,84
Quick Ratio	4,12	6,31	1,27	5,84
Equity Ratio	0,46	0,52	0,81	0,94
Gross Profit Margin	25,2 %	29,22 %	-	-