GOD SMAK AS

5116 ULSET

Finances

Share Ownership

Return on Equity

10,67 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 340 000	14 466 000	13 414 000	20 381 000
Net Income	32 000	−668 000	−722 000	858 000
Total Assets	2 120 000	1 974 000	2 345 000	4 013 000
Total Equity	300 000	268 000	936 000	1 658 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 340 000	14 466 000	13 414 000	20 381 000
Expenditure	18 278 000	15 108 000	14 310 000	19 254 000
Operating Profit	62 000	−641 000	−895 000	1 127 000
Financial Income	3 000	0	−5 000	1 000
Financial Costs	28 000	26 000	25 000	28 000
Financial Balance	−25 000	−26 000	−30 000	−27 000
Earnings Before Tax	36 000	−668 000	−925 000	1 100 000
Tax	4 000	0	−203 000	242 000
Net Income	32 000	−668 000	−722 000	858 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	209 000	286 000	335 000
Total Current Assets	1 970 000	1 765 000	2 060 000	3 678 000
Total Assets	2 120 000	1 974 000	2 345 000	4 013 000
Total Retained Equity	100 000	68 000	736 000	1 458 000
Total Equity	300 000	268 000	936 000	1 658 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 820 000	1 706 000	1 410 000	2 355 000
Total Equity and Debt	2 120 000	1 974 000	2 345 000	4 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 391 000	13 281 000	11 892 000	18 936 000
Other Income	949 000	1 186 000	1 521 000	1 445 000
Revenue	18 340 000	14 466 000	13 414 000	20 381 000
Cost of Goods Sold	6 736 000	5 152 000	4 647 000	7 165 000
Salary Costs	7 014 000	6 391 000	5 824 000	7 997 000
Depreciation	55 000	77 000	77 000	87 000
Impairment	0	0	0	0
Expenditure	18 278 000	15 108 000	14 310 000	19 254 000
Operating Profit	62 000	−641 000	−895 000	1 127 000
Financial Income	3 000	0	−5 000	1 000
Financial Costs	28 000	26 000	25 000	28 000
Financial Balance	−25 000	−26 000	−30 000	−27 000
Dividends	0	0	0	0
Net Income	32 000	−668 000	−722 000	858 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	1 000	5 000	9 000
Total Intangible Assets	17 000	22 000	26 000	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	133 000	187 000	259 000	301 000
Total Tangible Assets	133 000	187 000	259 000	301 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	150 000	209 000	286 000	335 000
Stock	255 000	333 000	246 000	319 000
Total Investments	0	0	0	0
Cash, Bank	910 000	817 000	793 000	2 356 000
Total Current Assets	1 970 000	1 765 000	2 060 000	3 678 000
Total Assets	2 120 000	1 974 000	2 345 000	4 013 000
Total Equity	300 000	268 000	936 000	1 658 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	481 000	467 000	418 000	538 000
Unpaid Taxes	792 000	699 000	497 000	935 000
Dividends	0	0	0	0
Other Current Debt	547 000	540 000	495 000	641 000
Total Current Debt	1 820 000	1 706 000	1 410 000	2 355 000
Total Equity and Debt	2 120 000	1 974 000	2 345 000	4 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,67 %	−249,25 %	−77,14 %	51,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,34 %	−4,43 %	−6,67 %	5,53 %
Current Ratio	1,08	1,03	1,46	1,56
Quick Ratio	1,26	1,29	1,77	1,81
Equity Ratio	0,14	0,14	0,4	0,41
Gross Profit Margin	63,27 %	64,39 %	65,36 %	64,84 %