SMAK AS

3178 VÅLE

Finances

Share Ownership

Return on Equity

−21,33 %

Current Ratio

3,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	895 000	892 000	582 000	475 000
Net Income	−221 000	111 000	105 000	9 000
Total Assets	1 492 000	1 297 000	1 269 000	1 178 000
Total Equity	1 036 000	1 257 000	1 146 000	1 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	895 000	892 000	582 000	475 000
Expenditure	1 118 000	750 000	452 000	466 000
Operating Profit	−223 000	142 000	130 000	8 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Earnings Before Tax	−223 000	142 000	131 000	10 000
Tax	−1 000	31 000	26 000	1 000
Net Income	−221 000	111 000	105 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	66 000	86 000	0	0
Total Current Assets	1 426 000	1 212 000	1 269 000	1 178 000
Total Assets	1 492 000	1 297 000	1 269 000	1 178 000
Total Retained Equity	846 000	1 067 000	956 000	851 000
Total Equity	1 036 000	1 257 000	1 146 000	1 041 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	456 000	39 000	123 000	137 000
Total Equity and Debt	1 492 000	1 297 000	1 269 000	1 178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	895 000	888 000	582 000	475 000
Other Income	0	3 000	0	0
Revenue	895 000	892 000	582 000	475 000
Cost of Goods Sold	917 000	551 000	431 000	396 000
Salary Costs	0	0	0	3 000
Depreciation	20 000	13 000	0	0
Impairment	0	0	0	0
Expenditure	1 118 000	750 000	452 000	466 000
Operating Profit	−223 000	142 000	130 000	8 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Dividends	0	0	0	0
Net Income	−221 000	111 000	105 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	86 000	0	0
Total Tangible Assets	66 000	86 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	66 000	86 000	0	0
Stock	16 000	175 000	0	0
Total Investments	0	0	0	0
Cash, Bank	941 000	892 000	1 083 000	967 000
Total Current Assets	1 426 000	1 212 000	1 269 000	1 178 000
Total Assets	1 492 000	1 297 000	1 269 000	1 178 000
Total Equity	1 036 000	1 257 000	1 146 000	1 041 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	456 000	4 000	83 000	131 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	5 000	13 000	5 000
Total Current Debt	456 000	39 000	123 000	137 000
Total Equity and Debt	1 492 000	1 297 000	1 269 000	1 178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,33 %	8,83 %	9,16 %	0,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−24,92 %	15,92 %	22,34 %	1,68 %
Current Ratio	3,13	31,08	10,32	8,6
Quick Ratio	3,24	−8,91	10,32	8,6
Equity Ratio	0,69	0,97	0,9	0,88
Gross Profit Margin	−2,46 %	38,23 %	25,95 %	16,63 %