SMART FOOD AS

1177 OSLO

Finances

Share Ownership

Return on Equity

−448,92 %

Current Ratio

0,54

Debt-to-Equity Ratio

−2,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 054 000	10 214 000	12 130 000	12 029 000
Net Income	1 459 000	−947 000	−676 000	−311 000
Total Assets	1 894 000	2 333 000	2 369 000	2 304 000
Total Equity	−325 000	−1 784 000	−837 000	−160 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 054 000	10 214 000	12 130 000	12 029 000
Expenditure	10 143 000	11 379 000	12 922 000	12 365 000
Operating Profit	1 910 000	−1 165 000	−792 000	−336 000
Financial Income	0	0	0	0
Financial Costs	39 000	50 000	67 000	61 000
Financial Balance	−39 000	−50 000	−67 000	−61 000
Earnings Before Tax	1 871 000	−1 215 000	−859 000	−397 000
Tax	412 000	−267 000	−182 000	−86 000
Net Income	1 459 000	−947 000	−676 000	−311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 138 000	1 587 000	1 576 000	1 636 000
Total Current Assets	757 000	746 000	793 000	668 000
Total Assets	1 894 000	2 333 000	2 369 000	2 304 000
Total Retained Equity	−1 075 000	−2 534 000	−1 587 000	−910 000
Total Equity	−325 000	−1 784 000	−837 000	−160 000
Total Long-Term Debt	820 000	970 000	1 120 000	1 377 000
Total Current Debt	1 399 000	3 147 000	2 086 000	1 087 000
Total Equity and Debt	1 894 000	2 333 000	2 369 000	2 304 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 640 000	9 959 000	11 764 000	12 037 000
Other Income	1 414 000	256 000	365 000	−8 000
Revenue	12 054 000	10 214 000	12 130 000	12 029 000
Cost of Goods Sold	3 822 000	4 043 000	5 243 000	5 811 000
Salary Costs	3 186 000	2 964 000	3 969 000	4 078 000
Depreciation	126 000	256 000	325 000	285 000
Impairment	0	0	0	0
Expenditure	10 143 000	11 379 000	12 922 000	12 365 000
Operating Profit	1 910 000	−1 165 000	−792 000	−336 000
Financial Income	0	0	0	0
Financial Costs	39 000	50 000	67 000	61 000
Financial Balance	−39 000	−50 000	−67 000	−61 000
Dividends	0	0	0	0
Net Income	1 459 000	−947 000	−676 000	−311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	311 000	723 000	455 000	273 000
Real Eastate	534 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	292 000	865 000	1 121 000	1 363 000
Total Tangible Assets	826 000	865 000	1 121 000	1 363 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 138 000	1 587 000	1 576 000	1 636 000
Stock	234 000	180 000	416 000	300 000
Total Investments	0	0	0	0
Cash, Bank	505 000	493 000	345 000	230 000
Total Current Assets	757 000	746 000	793 000	668 000
Total Assets	1 894 000	2 333 000	2 369 000	2 304 000
Total Equity	−325 000	−1 784 000	−837 000	−160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	820 000	970 000	1 120 000	1 377 000
Creditors	412 000	2 493 000	1 355 000	355 000
Unpaid Taxes	530 000	327 000	247 000	424 000
Dividends	0	0	0	0
Other Current Debt	457 000	328 000	483 000	309 000
Total Current Debt	1 399 000	3 147 000	2 086 000	1 087 000
Total Equity and Debt	1 894 000	2 333 000	2 369 000	2 304 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−448,92 %	53,08 %	80,76 %	194,38 %
Debt-to-Equity Ratio	−2,52	−0,54	−1,34	−8,61
Operating Profit Margin	15,85 %	−11,41 %	−6,53 %	−2,79 %
Current Ratio	0,54	0,24	0,38	0,61
Quick Ratio	0,65	0,25	0,47	0,85
Equity Ratio	−0,17	−0,76	−0,35	−0,07
Gross Profit Margin	68,29 %	60,42 %	56,78 %	51,69 %