SMEDVIG AS

4005 STAVANGER

Finances

Return on Equity

3,04 %

Current Ratio

7,55

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 552 735 000	6 185 462 000	1 605 882 000	1 653 172 000
Net Income	327 084 000	4 984 138 000	850 779 000	659 008 000
Total Assets	14 211 503 000	12 382 107 000	9 637 634 000	8 623 118 000
Total Equity	10 774 906 000	10 089 339 000	5 205 401 000	4 572 870 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 552 735 000	6 185 462 000	1 605 882 000	1 653 172 000
Expenditure	1 144 885 000	1 083 889 000	689 956 000	849 141 000
Operating Profit	407 850 000	5 101 573 000	915 927 000	804 031 000
Financial Income	53 392 000	13 553 000	87 751 000	24 218 000
Financial Costs	124 911 000	135 976 000	140 707 000	172 260 000
Financial Balance	−71 519 000	−122 423 000	−52 956 000	−148 042 000
Earnings Before Tax	336 331 000	4 979 150 000	862 970 000	655 989 000
Tax	9 248 000	−4 988 000	12 191 000	−3 019 000
Net Income	327 084 000	4 984 138 000	850 779 000	659 008 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 857 528 000	2 658 229 000	3 895 530 000	3 239 264 000
Total Current Assets	11 353 975 000	9 723 878 000	5 742 104 000	5 383 854 000
Total Assets	14 211 503 000	12 382 107 000	9 637 634 000	8 623 118 000
Total Retained Equity	9 904 821 000	9 219 254 000	4 235 316 000	3 452 785 000
Total Equity	10 774 906 000	10 089 339 000	5 205 401 000	4 572 870 000
Total Long-Term Debt	1 933 445 000	1 747 344 000	3 834 853 000	3 190 347 000
Total Current Debt	1 503 152 000	545 423 000	597 380 000	859 901 000
Total Equity and Debt	14 211 503 000	12 382 107 000	9 637 634 000	8 623 118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	610 013 000	768 457 000	1 356 280 000	519 329 000
Other Income	942 722 000	5 417 005 000	249 602 000	1 133 843 000
Revenue	1 552 735 000	6 185 462 000	1 605 882 000	1 653 172 000
Cost of Goods Sold	502 357 000	569 588 000	185 609 000	356 232 000
Salary Costs	146 108 000	194 262 000	230 636 000	143 329 000
Depreciation	121 129 000	143 197 000	126 527 000	117 090 000
Impairment	0	0	0	0
Expenditure	1 144 885 000	1 083 889 000	689 956 000	849 141 000
Operating Profit	407 850 000	5 101 573 000	915 927 000	804 031 000
Financial Income	53 392 000	13 553 000	87 751 000	24 218 000
Financial Costs	124 911 000	135 976 000	140 707 000	172 260 000
Financial Balance	−71 519 000	−122 423 000	−52 956 000	−148 042 000
Dividends	100 000 000	100 000 000	0	40 533 000
Net Income	327 084 000	4 984 138 000	850 779 000	659 008 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	374 000	641 000	591 000	799 000
Total Intangible Assets	65 479 000	57 807 000	60 588 000	69 463 000
Real Eastate	2 663 489 000	2 499 682 000	2 958 803 000	2 762 695 000
Machinery and Plant Facilities	0	0	774 191 000	344 790 000
Fixtures	26 683 000	20 167 000	20 443 000	0
Total Tangible Assets	2 690 172 000	2 519 849 000	3 753 437 000	3 107 486 000
Total Fiancial Fixed Assets	101 877 000	80 574 000	81 505 000	62 316 000
Total Fixed Assets	2 857 528 000	2 658 229 000	3 895 530 000	3 239 264 000
Stock	240 672 000	296 912 000	722 404 000	759 487 000
Total Investments	8 394 132 000	4 893 889 000	4 483 337 000	3 978 556 000
Cash, Bank	2 096 353 000	3 877 856 000	336 839 000	186 794 000
Total Current Assets	11 353 975 000	9 723 878 000	5 742 104 000	5 383 854 000
Total Assets	14 211 503 000	12 382 107 000	9 637 634 000	8 623 118 000
Total Equity	10 774 906 000	10 089 339 000	5 205 401 000	4 572 870 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 933 445 000	1 747 344 000	3 834 853 000	3 190 347 000
Creditors	166 146 000	88 443 000	77 300 000	39 812 000
Unpaid Taxes	7 930 000	89 086 000	11 615 000	23 042 000
Dividends	100 000 000	100 000 000	0	40 533 000
Other Current Debt	276 827 000	159 363 000	201 144 000	190 364 000
Total Current Debt	1 503 152 000	545 423 000	597 380 000	859 901 000
Total Equity and Debt	14 211 503 000	12 382 107 000	9 637 634 000	8 623 118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,04 %	49,4 %	16,34 %	14,41 %
Debt-to-Equity Ratio	0,18	0,17	0,74	0,7
Operating Profit Margin	26,27 %	82,48 %	57,04 %	48,64 %
Current Ratio	7,55	17,83	9,61	6,26
Quick Ratio	8,99	39,13	−45,93	53,62
Equity Ratio	0,76	0,81	0,54	0,53
Gross Profit Margin	67,65 %	90,79 %	88,44 %	78,45 %