SMIU AS

3580 GEILO

Finances

Share Ownership

Return on Equity

−12,6 %

Current Ratio

2,32

Debt-to-Equity Ratio

2,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 046 000	861 000	861 000	861 000
Net Income	−284 000	−171 000	−227 000	−152 000
Total Assets	8 005 000	8 079 000	8 255 000	8 690 000
Total Equity	2 254 000	1 838 000	2 009 000	2 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 046 000	861 000	861 000	861 000
Expenditure	1 075 000	841 000	870 000	720 000
Operating Profit	−29 000	20 000	−8 000	142 000
Financial Income	0	0	0	0
Financial Costs	255 000	190 000	219 000	294 000
Financial Balance	−255 000	−190 000	−219 000	−294 000
Earnings Before Tax	−284 000	−171 000	−227 000	−152 000
Tax	0	0	0	0
Net Income	−284 000	−171 000	−227 000	−152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 601 000	8 014 000	8 194 000	8 665 000
Total Current Assets	404 000	65 000	61 000	25 000
Total Assets	8 005 000	8 079 000	8 255 000	8 690 000
Total Retained Equity	−1 446 000	−1 162 000	−991 000	−765 000
Total Equity	2 254 000	1 838 000	2 009 000	2 235 000
Total Long-Term Debt	5 576 000	6 197 000	6 138 000	6 410 000
Total Current Debt	174 000	43 000	109 000	45 000
Total Equity and Debt	8 005 000	8 079 000	8 255 000	8 690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 046 000	861 000	861 000	861 000
Revenue	1 046 000	861 000	861 000	861 000
Cost of Goods Sold	0	0	0	0
Salary Costs	56 000	60 000	63 000	11 000
Depreciation	490 000	483 000	471 000	471 000
Impairment	0	0	0	0
Expenditure	1 075 000	841 000	870 000	720 000
Operating Profit	−29 000	20 000	−8 000	142 000
Financial Income	0	0	0	0
Financial Costs	255 000	190 000	219 000	294 000
Financial Balance	−255 000	−190 000	−219 000	−294 000
Dividends	0	0	0	0
Net Income	−284 000	−171 000	−227 000	−152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 601 000	8 014 000	8 194 000	8 665 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 601 000	8 014 000	8 194 000	8 665 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 601 000	8 014 000	8 194 000	8 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	403 000	64 000	56 000	25 000
Total Current Assets	404 000	65 000	61 000	25 000
Total Assets	8 005 000	8 079 000	8 255 000	8 690 000
Total Equity	2 254 000	1 838 000	2 009 000	2 235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 576 000	6 197 000	6 138 000	6 410 000
Creditors	110 000	2 000	67 000	7 000
Unpaid Taxes	24 000	41 000	35 000	31 000
Dividends	0	0	0	0
Other Current Debt	41 000	0	7 000	7 000
Total Current Debt	174 000	43 000	109 000	45 000
Total Equity and Debt	8 005 000	8 079 000	8 255 000	8 690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,6 %	−9,3 %	−11,3 %	−6,8 %
Debt-to-Equity Ratio	2,47	3,37	3,06	2,87
Operating Profit Margin	−2,77 %	2,32 %	−0,93 %	16,49 %
Current Ratio	2,32	1,51	0,56	0,56
Quick Ratio	2,32	1,51	0,56	0,56
Equity Ratio	0,28	0,23	0,24	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %