SMG SERVICE AS

1455 NORDRE FROGN

Finances

Share Ownership

Return on Equity

3,33 %

Current Ratio

1,02

Debt-to-Equity Ratio

3,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	986 000	1 116 000	725 000	1 664 000
Net Income	1 000	−17 000	1 000	1 000
Total Assets	328 000	378 000	455 000	367 000
Total Equity	30 000	29 000	46 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	986 000	1 116 000	725 000	1 664 000
Expenditure	978 000	1 128 000	714 000	1 662 000
Operating Profit	8 000	−11 000	10 000	2 000
Financial Income	0	−1 000	0	0
Financial Costs	7 000	8 000	8 000	0
Financial Balance	−7 000	−9 000	−8 000	0
Earnings Before Tax	1 000	−19 000	3 000	2 000
Tax	0	−2 000	2 000	0
Net Income	1 000	−17 000	1 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 000	169 000	197 000	4 000
Total Current Assets	187 000	209 000	258 000	364 000
Total Assets	328 000	378 000	455 000	367 000
Total Retained Equity	0	−1 000	16 000	15 000
Total Equity	30 000	29 000	46 000	45 000
Total Long-Term Debt	115 000	153 000	192 000	0
Total Current Debt	184 000	196 000	217 000	323 000
Total Equity and Debt	328 000	378 000	455 000	367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	986 000	1 116 000	725 000	1 648 000
Other Income	0	0	0	16 000
Revenue	986 000	1 116 000	725 000	1 664 000
Cost of Goods Sold	218 000	249 000	26 000	318 000
Salary Costs	579 000	703 000	525 000	1 153 000
Depreciation	28 000	28 000	2 000	0
Impairment	0	0	0	0
Expenditure	978 000	1 128 000	714 000	1 662 000
Operating Profit	8 000	−11 000	10 000	2 000
Financial Income	0	−1 000	0	0
Financial Costs	7 000	8 000	8 000	0
Financial Balance	−7 000	−9 000	−8 000	0
Dividends	0	0	0	0
Net Income	1 000	−17 000	1 000	1 000

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	0	0	0	0
Fixtures	141 000	169 000	197 000	4 000
Total Tangible Assets	141 000	169 000	197 000	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	141 000	169 000	197 000	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	120 000	113 000	220 000	262 000
Total Current Assets	187 000	209 000	258 000	364 000
Total Assets	328 000	378 000	455 000	367 000
Total Equity	30 000	29 000	46 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	115 000	153 000	192 000	0
Creditors	13 000	28 000	18 000	10 000
Unpaid Taxes	66 000	80 000	62 000	108 000
Dividends	0	0	0	0
Other Current Debt	105 000	88 000	135 000	204 000
Total Current Debt	184 000	196 000	217 000	323 000
Total Equity and Debt	328 000	378 000	455 000	367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,33 %	−58,62 %	2,17 %	2,22 %
Debt-to-Equity Ratio	3,83	5,28	4,17	0
Operating Profit Margin	0,81 %	−0,99 %	1,38 %	0,12 %
Current Ratio	1,02	1,07	1,19	1,13
Quick Ratio	1,02	1,07	1,19	1,13
Equity Ratio	0,09	0,08	0,1	0,12
Gross Profit Margin	77,89 %	77,69 %	96,41 %	80,89 %