STIG SMED AS

2685 GARMO

Finances

Share Ownership

Return on Equity

8,02 %

Current Ratio

3,95

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 028 000	854 000	797 000	964 000
Net Income	43 000	104 000	49 000	177 000
Total Assets	810 000	825 000	753 000	832 000
Total Equity	536 000	494 000	390 000	340 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 028 000	854 000	797 000	964 000
Expenditure	954 000	706 000	714 000	725 000
Operating Profit	74 000	148 000	83 000	239 000
Financial Income	0	0	0	0
Financial Costs	12 000	15 000	19 000	15 000
Financial Balance	−12 000	−15 000	−19 000	−15 000
Earnings Before Tax	62 000	134 000	63 000	224 000
Tax	19 000	30 000	14 000	48 000
Net Income	43 000	104 000	49 000	177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	197 000	232 000	251 000	300 000
Total Current Assets	612 000	594 000	502 000	532 000
Total Assets	810 000	825 000	753 000	832 000
Total Retained Equity	436 000	394 000	290 000	240 000
Total Equity	536 000	494 000	390 000	340 000
Total Long-Term Debt	118 000	191 000	265 000	315 000
Total Current Debt	155 000	140 000	98 000	177 000
Total Equity and Debt	810 000	825 000	753 000	832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 028 000	854 000	797 000	964 000
Other Income	0	0	0	0
Revenue	1 028 000	854 000	797 000	964 000
Cost of Goods Sold	235 000	167 000	165 000	100 000
Salary Costs	123 000	142 000	138 000	141 000
Depreciation	82 000	77 000	70 000	37 000
Impairment	0	0	0	0
Expenditure	954 000	706 000	714 000	725 000
Operating Profit	74 000	148 000	83 000	239 000
Financial Income	0	0	0	0
Financial Costs	12 000	15 000	19 000	15 000
Financial Balance	−12 000	−15 000	−19 000	−15 000
Dividends	0	0	0	0
Net Income	43 000	104 000	49 000	177 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	197 000	232 000	251 000	300 000
Fixtures	0	0	0	0
Total Tangible Assets	197 000	232 000	251 000	300 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	197 000	232 000	251 000	300 000
Stock	62 000	62 000	45 000	30 000
Total Investments	0	0	0	0
Cash, Bank	315 000	387 000	266 000	307 000
Total Current Assets	612 000	594 000	502 000	532 000
Total Assets	810 000	825 000	753 000	832 000
Total Equity	536 000	494 000	390 000	340 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	118 000	191 000	265 000	315 000
Creditors	48 000	58 000	42 000	−8 000
Unpaid Taxes	63 000	11 000	35 000	46 000
Dividends	0	0	0	0
Other Current Debt	24 000	38 000	6 000	96 000
Total Current Debt	155 000	140 000	98 000	177 000
Total Equity and Debt	810 000	825 000	753 000	832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,02 %	21,05 %	12,56 %	52,06 %
Debt-to-Equity Ratio	0,22	0,39	0,68	0,93
Operating Profit Margin	7,2 %	17,33 %	10,41 %	24,79 %
Current Ratio	3,95	4,24	5,12	3,01
Quick Ratio	6,58	7,62	9,47	3,62
Equity Ratio	0,66	0,6	0,52	0,41
Gross Profit Margin	77,14 %	80,44 %	79,3 %	89,63 %