SMART NORWAY AS

7713 STEINKJER

Finances

Return on Equity

10,57 %

Current Ratio

0,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 388 000	9 465 000	7 761 000	5 471 000
Net Income	342 000	2 026 000	1 441 000	1 091 000
Total Assets	6 066 000	7 138 000	6 602 000	4 830 000
Total Equity	3 235 000	2 893 000	1 867 000	1 425 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 388 000	9 465 000	7 761 000	5 471 000
Expenditure	7 949 000	7 904 000	6 554 000	4 726 000
Operating Profit	439 000	1 561 000	1 207 000	745 000
Financial Income	0	810 000	500 000	510 000
Financial Costs	0	0	0	0
Financial Balance	0	810 000	500 000	510 000
Earnings Before Tax	439 000	2 371 000	1 707 000	1 256 000
Tax	97 000	345 000	266 000	164 000
Net Income	342 000	2 026 000	1 441 000	1 091 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 004 000	3 550 000	3 011 000	2 992 000
Total Current Assets	2 061 000	3 588 000	3 591 000	1 838 000
Total Assets	6 066 000	7 138 000	6 602 000	4 830 000
Total Retained Equity	3 194 000	2 852 000	1 827 000	1 385 000
Total Equity	3 235 000	2 893 000	1 867 000	1 425 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	2 831 000	4 245 000	4 735 000	3 402 000
Total Equity and Debt	6 066 000	7 138 000	6 602 000	4 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 388 000	9 465 000	7 761 000	5 263 000
Other Income	0	0	0	208 000
Revenue	8 388 000	9 465 000	7 761 000	5 471 000
Cost of Goods Sold	4 437 000	4 298 000	3 591 000	1 795 000
Salary Costs	3 181 000	3 364 000	2 735 000	2 533 000
Depreciation	62 000	55 000	40 000	23 000
Impairment	0	0	0	0
Expenditure	7 949 000	7 904 000	6 554 000	4 726 000
Operating Profit	439 000	1 561 000	1 207 000	745 000
Financial Income	0	810 000	500 000	510 000
Financial Costs	0	0	0	0
Financial Balance	0	810 000	500 000	510 000
Dividends	0	1 000 000	1 000 000	610 000
Net Income	342 000	2 026 000	1 441 000	1 091 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	73 000	111 000	72 000	53 000
Total Tangible Assets	73 000	111 000	72 000	53 000
Total Fiancial Fixed Assets	3 925 000	3 439 000	2 939 000	2 939 000
Total Fixed Assets	4 004 000	3 550 000	3 011 000	2 992 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	988 000	1 660 000	555 000	475 000
Total Current Assets	2 061 000	3 588 000	3 591 000	1 838 000
Total Assets	6 066 000	7 138 000	6 602 000	4 830 000
Total Equity	3 235 000	2 893 000	1 867 000	1 425 000
Short-Term Group Debt	1 164 000	1 295 000	1 319 000	1 779 000
Total Long-Term Debt	0	0	0	2 000
Creditors	559 000	515 000	1 078 000	257 000
Unpaid Taxes	354 000	371 000	432 000	303 000
Dividends	0	1 000 000	1 000 000	610 000
Other Current Debt	753 000	719 000	638 000	533 000
Total Current Debt	2 831 000	4 245 000	4 735 000	3 402 000
Total Equity and Debt	6 066 000	7 138 000	6 602 000	4 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,57 %	70,03 %	77,18 %	76,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,23 %	16,49 %	15,55 %	13,62 %
Current Ratio	0,73	0,85	0,76	0,54
Quick Ratio	0,73	0,85	0,76	0,54
Equity Ratio	0,53	0,41	0,28	0,3
Gross Profit Margin	47,1 %	54,59 %	53,73 %	67,19 %