SMI NORGE AS

3208 SANDEFJORD

Finances

Return on Equity

46,31 %

Current Ratio

2,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 785 000	1 291 000	595 000	1 356 000
Net Income	295 000	502 000	−403 000	68 000
Total Assets	942 000	533 000	131 000	391 000
Total Equity	637 000	341 000	−161 000	242 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 785 000	1 291 000	595 000	1 356 000
Expenditure	1 368 000	754 000	990 000	1 264 000
Operating Profit	417 000	536 000	−396 000	91 000
Financial Income	9 000	1 000	0	5 000
Financial Costs	26 000	6 000	0	8 000
Financial Balance	−17 000	−5 000	0	−3 000
Earnings Before Tax	400 000	531 000	−396 000	88 000
Tax	104 000	29 000	7 000	20 000
Net Income	295 000	502 000	−403 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	88 000	8 000	15 000
Total Current Assets	854 000	445 000	123 000	376 000
Total Assets	942 000	533 000	131 000	391 000
Total Retained Equity	132 000	−164 000	−666 000	−263 000
Total Equity	637 000	341 000	−161 000	242 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	305 000	192 000	292 000	149 000
Total Equity and Debt	942 000	533 000	131 000	391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 015 000	1 095 000	656 000	1 274 000
Other Income	−230 000	196 000	−61 000	82 000
Revenue	1 785 000	1 291 000	595 000	1 356 000
Cost of Goods Sold	68 000	5 000	40 000	247 000
Salary Costs	902 000	373 000	643 000	680 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 368 000	754 000	990 000	1 264 000
Operating Profit	417 000	536 000	−396 000	91 000
Financial Income	9 000	1 000	0	5 000
Financial Costs	26 000	6 000	0	8 000
Financial Balance	−17 000	−5 000	0	−3 000
Dividends	0	0	0	0
Net Income	295 000	502 000	−403 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	8 000	8 000	8 000
Total Tangible Assets	8 000	8 000	8 000	8 000
Total Fiancial Fixed Assets	80 000	80 000	0	0
Total Fixed Assets	88 000	88 000	8 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	510 000	110 000	57 000	265 000
Total Current Assets	854 000	445 000	123 000	376 000
Total Assets	942 000	533 000	131 000	391 000
Total Equity	637 000	341 000	−161 000	242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	27 000	38 000	20 000
Unpaid Taxes	97 000	50 000	69 000	173 000
Dividends	0	0	0	0
Other Current Debt	97 000	86 000	185 000	−44 000
Total Current Debt	305 000	192 000	292 000	149 000
Total Equity and Debt	942 000	533 000	131 000	391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,31 %	147,21 %	250,31 %	28,1 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	23,36 %	41,52 %	−66,55 %	6,71 %
Current Ratio	2,8	2,32	0,42	2,52
Quick Ratio	2,8	2,32	0,42	2,52
Equity Ratio	0,68	0,64	−1,23	0,62
Gross Profit Margin	96,19 %	99,61 %	93,28 %	81,78 %