SMESTAD UTVIKLING AS

2008 FJERDINGBY

Finances

Share Ownership

Return on Equity

−5,8 %

Current Ratio

127,3

Debt-to-Equity Ratio

35,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 000	300 000	300 000	252 000
Net Income	−51 000	178 000	219 000	149 000
Total Assets	32 461 000	32 052 000	28 103 000	23 126 000
Total Equity	879 000	929 000	751 000	532 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 000	300 000	300 000	252 000
Expenditure	85 000	72 000	19 000	450 000
Operating Profit	215 000	228 000	281 000	190 000
Financial Income	0	0	0	1 000
Financial Costs	266 000	0	0	0
Financial Balance	−266 000	0	0	1 000
Earnings Before Tax	−51 000	228 000	281 000	191 000
Tax	0	50 000	62 000	42 000
Net Income	−51 000	178 000	219 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	22 600 000
Total Current Assets	32 461 000	32 052 000	28 103 000	526 000
Total Assets	32 461 000	32 052 000	28 103 000	23 126 000
Total Retained Equity	579 000	629 000	451 000	232 000
Total Equity	879 000	929 000	751 000	532 000
Total Long-Term Debt	31 327 000	30 995 000	26 265 000	20 500 000
Total Current Debt	255 000	128 000	1 087 000	2 094 000
Total Equity and Debt	32 461 000	32 052 000	28 103 000	23 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	300 000	300 000	300 000	252 000
Revenue	300 000	300 000	300 000	252 000
Cost of Goods Sold	13 000	13 000	−13 000	399 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	85 000	72 000	19 000	450 000
Operating Profit	215 000	228 000	281 000	190 000
Financial Income	0	0	0	1 000
Financial Costs	266 000	0	0	0
Financial Balance	−266 000	0	0	1 000
Dividends	0	0	0	0
Net Income	−51 000	178 000	219 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	22 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	22 600 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	22 600 000
Stock	31 576 000	30 197 000	28 018 000	0
Total Investments	0	0	0	0
Cash, Bank	0	386 000	24 000	429 000
Total Current Assets	32 461 000	32 052 000	28 103 000	526 000
Total Assets	32 461 000	32 052 000	28 103 000	23 126 000
Total Equity	879 000	929 000	751 000	532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 327 000	30 995 000	26 265 000	20 500 000
Creditors	93 000	48 000	988 000	1 655 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	162 000	29 000	36 000	397 000
Total Current Debt	255 000	128 000	1 087 000	2 094 000
Total Equity and Debt	32 461 000	32 052 000	28 103 000	23 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,8 %	19,16 %	29,16 %	28,01 %
Debt-to-Equity Ratio	35,64	33,36	34,97	38,53
Operating Profit Margin	71,67 %	76 %	93,67 %	75,4 %
Current Ratio	127,3	250,41	25,85	0,25
Quick Ratio	−1,04	−1,07	−1,04	0,25
Equity Ratio	0,03	0,03	0,03	0,02
Gross Profit Margin	95,67 %	95,67 %	104,33 %	−58,33 %