SMALBO AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

51,6 %

Current Ratio

0,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	552 000	552 000	506 000	438 000
Net Income	290 000	287 000	254 000	185 000
Total Assets	1 616 000	1 690 000	1 985 000	1 711 000
Total Equity	562 000	772 000	1 285 000	1 631 000

Income (NOK)	2022	2021	2020	2019
Revenue	552 000	552 000	506 000	438 000
Expenditure	180 000	183 000	181 000	195 000
Operating Profit	372 000	368 000	324 000	243 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	8 000
Financial Balance	0	0	1 000	−6 000
Earnings Before Tax	372 000	368 000	326 000	237 000
Tax	82 000	81 000	72 000	52 000
Net Income	290 000	287 000	254 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 112 000	1 258 000	1 405 000	1 554 000
Total Current Assets	505 000	432 000	580 000	157 000
Total Assets	1 616 000	1 690 000	1 985 000	1 711 000
Total Retained Equity	362 000	572 000	1 085 000	1 431 000
Total Equity	562 000	772 000	1 285 000	1 631 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 055 000	918 000	701 000	80 000
Total Equity and Debt	1 616 000	1 690 000	1 985 000	1 711 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	552 000	552 000	506 000	438 000
Revenue	552 000	552 000	506 000	438 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	165 000	165 000	165 000	165 000
Impairment	0	0	0	0
Expenditure	180 000	183 000	181 000	195 000
Operating Profit	372 000	368 000	324 000	243 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	8 000
Financial Balance	0	0	1 000	−6 000
Dividends	500 000	800 000	600 000	0
Net Income	290 000	287 000	254 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	136 000	117 000	100 000	83 000
Real Eastate	975 000	1 140 000	1 306 000	1 471 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	975 000	1 140 000	1 306 000	1 471 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 112 000	1 258 000	1 405 000	1 554 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	505 000	66 000	180 000	157 000
Total Current Assets	505 000	432 000	580 000	157 000
Total Assets	1 616 000	1 690 000	1 985 000	1 711 000
Total Equity	562 000	772 000	1 285 000	1 631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	19 000	13 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	500 000	800 000	600 000	0
Other Current Debt	454 000	0	0	0
Total Current Debt	1 055 000	918 000	701 000	80 000
Total Equity and Debt	1 616 000	1 690 000	1 985 000	1 711 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,6 %	37,18 %	19,77 %	11,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	67,39 %	66,67 %	64,03 %	55,48 %
Current Ratio	0,48	0,47	0,83	1,96
Quick Ratio	0,48	0,47	0,83	1,96
Equity Ratio	0,35	0,46	0,65	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %