SMARTOPTICS GROUP AS

0667 OSLO

Finances

Return on Equity

24,59 %

Current Ratio

3,27

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 366 000	394 356 000	327 375 000	0
Net Income	6 789 000	30 541 000	13 412 000	650 000
Total Assets	44 375 000	339 281 000	224 811 000	93 413 000
Total Equity	27 605 000	204 173 000	101 423 000	93 410 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 366 000	394 356 000	327 375 000	0
Expenditure	48 066 000	354 700 000	312 402 000	85 000
Operating Profit	9 300 000	39 656 000	14 973 000	−85 000
Financial Income	40 000	156 000	20 809 000	926 000
Financial Costs	482 000	2 706 000	22 219 000	6 000
Financial Balance	−442 000	−2 550 000	−1 410 000	920 000
Earnings Before Tax	8 858 000	37 106 000	13 563 000	835 000
Tax	2 069 000	6 565 000	151 000	185 000
Net Income	6 789 000	30 541 000	13 412 000	650 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 434 000	69 240 000	50 543 000	71 961 000
Total Current Assets	37 941 000	270 041 000	174 268 000	21 452 000
Total Assets	44 375 000	339 281 000	224 811 000	93 413 000
Total Retained Equity	14 457 000	74 569 000	62 439 000	54 426 000
Total Equity	27 605 000	204 173 000	101 423 000	93 410 000
Total Long-Term Debt	5 176 000	42 812 000	30 355 000	0
Total Current Debt	11 592 000	92 298 000	93 034 000	3 000
Total Equity and Debt	44 373 000	339 283 000	224 811 000	93 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 367 000	393 940 000	325 916 000	0
Other Income	−1 000	416 000	1 459 000	0
Revenue	57 366 000	394 356 000	327 375 000	0
Cost of Goods Sold	32 014 000	225 883 000	202 862 000	0
Salary Costs	11 958 000	94 347 000	73 135 000	0
Depreciation	1 542 000	14 052 000	5 736 000	0
Impairment	0	0	0	0
Expenditure	48 066 000	354 700 000	312 402 000	85 000
Operating Profit	9 300 000	39 656 000	14 973 000	−85 000
Financial Income	40 000	156 000	20 809 000	926 000
Financial Costs	482 000	2 706 000	22 219 000	6 000
Financial Balance	−442 000	−2 550 000	−1 410 000	920 000
Dividends	0	0	0	0
Net Income	6 789 000	30 541 000	13 412 000	650 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 267 000	36 674 000	43 307 000	28 655 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 787 000	12 272 000	6 665 000	0
Total Tangible Assets	1 787 000	12 272 000	6 665 000	0
Total Fiancial Fixed Assets	2 380 000	20 294 000	571 000	43 306 000
Total Fixed Assets	6 434 000	69 240 000	50 543 000	71 961 000
Stock	15 423 000	106 675 000	69 517 000	0
Total Investments	0	0	0	0
Cash, Bank	5 660 000	82 725 000	39 688 000	497 000
Total Current Assets	37 941 000	270 041 000	174 268 000	21 452 000
Total Assets	44 375 000	339 281 000	224 811 000	93 413 000
Total Equity	27 605 000	204 173 000	101 423 000	93 410 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 176 000	42 812 000	30 355 000	0
Creditors	5 831 000	54 814 000	34 480 000	3 000
Unpaid Taxes	868 000	519 000	7 277 000	0
Dividends	0	0	0	0
Other Current Debt	4 893 000	36 965 000	21 861 000	0
Total Current Debt	11 592 000	92 298 000	93 034 000	3 000
Total Equity and Debt	44 373 000	339 283 000	224 811 000	93 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,59 %	14,96 %	13,22 %	0,7 %
Debt-to-Equity Ratio	0,19	0,21	0,3	0
Operating Profit Margin	16,21 %	10,06 %	4,57 %	-
Current Ratio	3,27	2,93	1,87	7 150,67
Quick Ratio	−9,9	−18,78	7,41	7 150,67
Equity Ratio	0,62	0,6	0,45	1
Gross Profit Margin	44,19 %	42,72 %	38,03 %	-