SMIA AS

3770 KRAGERØ

Finances

Share Ownership

Return on Equity

18,6 %

Current Ratio

4,45

Debt-to-Equity Ratio

−9,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	555 000	540 000	622 000	632 000
Net Income	−120 000	7 000	108 000	35 000
Total Assets	5 446 000	5 746 000	5 886 000	5 589 000
Total Equity	−645 000	−525 000	−533 000	−641 000

Income (NOK)	2022	2021	2020	2019
Revenue	555 000	540 000	622 000	632 000
Expenditure	436 000	324 000	299 000	326 000
Operating Profit	119 000	217 000	323 000	306 000
Financial Income	0	0	0	0
Financial Costs	239 000	209 000	215 000	272 000
Financial Balance	−239 000	−209 000	−215 000	−272 000
Earnings Before Tax	−120 000	7 000	108 000	35 000
Tax	0	0	0	0
Net Income	−120 000	7 000	108 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 091 000	5 187 000	5 284 000	5 398 000
Total Current Assets	356 000	558 000	602 000	191 000
Total Assets	5 446 000	5 746 000	5 886 000	5 589 000
Total Retained Equity	−748 000	−628 000	−636 000	−744 000
Total Equity	−645 000	−525 000	−533 000	−641 000
Total Long-Term Debt	6 011 000	6 236 000	6 380 000	6 169 000
Total Current Debt	80 000	35 000	39 000	61 000
Total Equity and Debt	5 446 000	5 746 000	5 886 000	5 589 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	0	0	20 000
Other Income	541 000	540 000	622 000	612 000
Revenue	555 000	540 000	622 000	632 000
Cost of Goods Sold	1 000	22 000	13 000	20 000
Salary Costs	0	0	0	0
Depreciation	97 000	97 000	114 000	118 000
Impairment	0	0	0	0
Expenditure	436 000	324 000	299 000	326 000
Operating Profit	119 000	217 000	323 000	306 000
Financial Income	0	0	0	0
Financial Costs	239 000	209 000	215 000	272 000
Financial Balance	−239 000	−209 000	−215 000	−272 000
Dividends	0	0	0	0
Net Income	−120 000	7 000	108 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 091 000	5 187 000	5 284 000	5 381 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	17 000
Total Tangible Assets	5 091 000	5 187 000	5 284 000	5 398 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 091 000	5 187 000	5 284 000	5 398 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	15 000	24 000	1 000
Total Current Assets	356 000	558 000	602 000	191 000
Total Assets	5 446 000	5 746 000	5 886 000	5 589 000
Total Equity	−645 000	−525 000	−533 000	−641 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 011 000	6 236 000	6 380 000	6 169 000
Creditors	23 000	7 000	8 000	15 000
Unpaid Taxes	8 000	14 000	17 000	25 000
Dividends	0	0	0	0
Other Current Debt	50 000	14 000	14 000	21 000
Total Current Debt	80 000	35 000	39 000	61 000
Total Equity and Debt	5 446 000	5 746 000	5 886 000	5 589 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,6 %	−1,33 %	−20,26 %	−5,46 %
Debt-to-Equity Ratio	−9,32	−11,88	−11,97	−9,62
Operating Profit Margin	21,44 %	40,19 %	51,93 %	48,42 %
Current Ratio	4,45	15,94	15,44	3,13
Quick Ratio	4,45	15,94	15,44	3,13
Equity Ratio	−0,12	−0,09	−0,09	−0,11
Gross Profit Margin	99,82 %	95,93 %	97,91 %	96,84 %