SMEDBAKKENS BORETTSLAG

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

0,19 %

Current Ratio

2,51

Debt-to-Equity Ratio

9,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 018 000	943 000	966 000	890 000
Net Income	3 000	172 000	250 000	51 000
Total Assets	16 391 000	16 473 000	16 363 000	16 200 000
Total Equity	1 553 000	1 550 000	1 378 000	1 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 018 000	943 000	966 000	890 000
Expenditure	607 000	483 000	379 000	453 000
Operating Profit	412 000	460 000	587 000	436 000
Financial Income	9 000	0	0	1 000
Financial Costs	418 000	288 000	337 000	386 000
Financial Balance	−409 000	−288 000	−337 000	−385 000
Earnings Before Tax	3 000	172 000	250 000	51 000
Tax	0	0	0	0
Net Income	3 000	172 000	250 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 046 000	16 049 000	16 031 000	16 031 000
Total Current Assets	346 000	424 000	332 000	169 000
Total Assets	16 391 000	16 473 000	16 363 000	16 200 000
Total Retained Equity	1 478 000	1 475 000	1 303 000	1 053 000
Total Equity	1 553 000	1 550 000	1 378 000	1 128 000
Total Long-Term Debt	14 700 000	14 810 000	14 920 000	14 993 000
Total Current Debt	138 000	113 000	65 000	78 000
Total Equity and Debt	16 391 000	16 473 000	16 363 000	16 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 018 000	943 000	966 000	890 000
Revenue	1 018 000	943 000	966 000	890 000
Cost of Goods Sold	0	0	0	0
Salary Costs	58 000	48 000	34 000	68 000
Depreciation	4 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	607 000	483 000	379 000	453 000
Operating Profit	412 000	460 000	587 000	436 000
Financial Income	9 000	0	0	1 000
Financial Costs	418 000	288 000	337 000	386 000
Financial Balance	−409 000	−288 000	−337 000	−385 000
Dividends	0	0	0	0
Net Income	3 000	172 000	250 000	51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 031 000	16 031 000	16 031 000	16 031 000
Machinery and Plant Facilities	15 000	19 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 046 000	16 049 000	16 031 000	16 031 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 046 000	16 049 000	16 031 000	16 031 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	264 000	194 000	285 000	127 000
Total Current Assets	346 000	424 000	332 000	169 000
Total Assets	16 391 000	16 473 000	16 363 000	16 200 000
Total Equity	1 553 000	1 550 000	1 378 000	1 128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 700 000	14 810 000	14 920 000	14 993 000
Creditors	53 000	46 000	6 000	8 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	85 000	66 000	58 000	71 000
Total Current Debt	138 000	113 000	65 000	78 000
Total Equity and Debt	16 391 000	16 473 000	16 363 000	16 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,19 %	11,1 %	18,14 %	4,52 %
Debt-to-Equity Ratio	9,47	9,55	10,83	13,29
Operating Profit Margin	40,47 %	48,78 %	60,77 %	48,99 %
Current Ratio	2,51	3,75	5,11	2,17
Quick Ratio	2,51	3,75	5,11	2,17
Equity Ratio	0,09	0,09	0,08	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %