SMOOTH GRUPPEN AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

1 313,33 %

Current Ratio

0,33

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 043 000	2 586 000	2 300 000	2 302 000
Net Income	−197 000	−33 000	142 000	−206 000
Total Assets	861 000	908 000	924 000	661 000
Total Equity	−15 000	−33 000	−124 000	−266 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 043 000	2 586 000	2 300 000	2 302 000
Expenditure	1 287 000	2 566 000	2 102 000	2 555 000
Operating Profit	−244 000	19 000	198 000	−253 000
Financial Income	0	0	0	0
Financial Costs	9 000	52 000	15 000	12 000
Financial Balance	−9 000	−52 000	−15 000	−12 000
Earnings Before Tax	−253 000	−33 000	183 000	−265 000
Tax	−56 000	−1 000	41 000	−58 000
Net Income	−197 000	−33 000	142 000	−206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	568 000	643 000	699 000	624 000
Total Current Assets	293 000	265 000	225 000	37 000
Total Assets	861 000	908 000	924 000	661 000
Total Retained Equity	−160 000	−178 000	−145 000	−288 000
Total Equity	−15 000	−33 000	−124 000	−266 000
Total Long-Term Debt	0	0	88 000	91 000
Total Current Debt	876 000	941 000	959 000	836 000
Total Equity and Debt	861 000	908 000	924 000	661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 080 000	2 577 000	2 300 000	2 283 000
Other Income	−36 000	9 000	0	20 000
Revenue	1 043 000	2 586 000	2 300 000	2 302 000
Cost of Goods Sold	8 000	36 000	26 000	31 000
Salary Costs	586 000	1 392 000	1 396 000	1 737 000
Depreciation	8 000	8 000	3 000	0
Impairment	0	0	0	0
Expenditure	1 287 000	2 566 000	2 102 000	2 555 000
Operating Profit	−244 000	19 000	198 000	−253 000
Financial Income	0	0	0	0
Financial Costs	9 000	52 000	15 000	12 000
Financial Balance	−9 000	−52 000	−15 000	−12 000
Dividends	0	0	0	0
Net Income	−197 000	−33 000	142 000	−206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	99 000	43 000	43 000	83 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	30 000	12 000	15 000
Total Tangible Assets	22 000	30 000	12 000	15 000
Total Fiancial Fixed Assets	447 000	569 000	644 000	526 000
Total Fixed Assets	568 000	643 000	699 000	624 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	20 000	40 000	14 000
Total Current Assets	293 000	265 000	225 000	37 000
Total Assets	861 000	908 000	924 000	661 000
Total Equity	−15 000	−33 000	−124 000	−266 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	88 000	91 000
Creditors	589 000	286 000	353 000	428 000
Unpaid Taxes	151 000	438 000	240 000	201 000
Dividends	0	0	0	0
Other Current Debt	136 000	218 000	366 000	207 000
Total Current Debt	876 000	941 000	959 000	836 000
Total Equity and Debt	861 000	908 000	924 000	661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 313,33 %	100 %	−114,52 %	77,44 %
Debt-to-Equity Ratio	−0	−0	−0,71	−0,34
Operating Profit Margin	−23,39 %	0,73 %	8,61 %	−10,99 %
Current Ratio	0,33	0,28	0,23	0,04
Quick Ratio	0,33	0,28	0,23	0,04
Equity Ratio	−0,02	−0,04	−0,13	−0,4
Gross Profit Margin	99,23 %	98,61 %	98,87 %	98,65 %