SMILE AS

6413 MOLDE

Finances

Return on Equity

296,8 %

Current Ratio

0,7

Debt-to-Equity Ratio

−0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 973 000	8 648 000	6 764 000	3 445 000
Net Income	−371 000	20 000	284 000	−599 000
Total Assets	1 447 000	1 498 000	1 275 000	655 000
Total Equity	−125 000	246 000	226 000	−58 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 973 000	8 648 000	6 764 000	3 445 000
Expenditure	8 446 000	8 619 000	6 569 000	4 028 000
Operating Profit	−473 000	29 000	195 000	−582 000
Financial Income	0	0	1 000	1 000
Financial Costs	2 000	4 000	9 000	18 000
Financial Balance	−2 000	−4 000	−8 000	−17 000
Earnings Before Tax	−475 000	25 000	187 000	−599 000
Tax	−105 000	6 000	−97 000	0
Net Income	−371 000	20 000	284 000	−599 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	439 000	499 000	514 000	465 000
Total Current Assets	1 008 000	999 000	761 000	190 000
Total Assets	1 447 000	1 498 000	1 275 000	655 000
Total Retained Equity	−331 000	40 000	21 000	−263 000
Total Equity	−125 000	246 000	226 000	−58 000
Total Long-Term Debt	121 000	68 000	92 000	116 000
Total Current Debt	1 450 000	1 184 000	957 000	597 000
Total Equity and Debt	1 447 000	1 498 000	1 275 000	655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 739 000	8 081 000	6 750 000	3 445 000
Other Income	234 000	567 000	14 000	0
Revenue	7 973 000	8 648 000	6 764 000	3 445 000
Cost of Goods Sold	2 023 000	2 046 000	1 939 000	1 025 000
Salary Costs	4 853 000	4 967 000	3 305 000	1 809 000
Depreciation	102 000	102 000	94 000	93 000
Impairment	0	0	0	0
Expenditure	8 446 000	8 619 000	6 569 000	4 028 000
Operating Profit	−473 000	29 000	195 000	−582 000
Financial Income	0	0	1 000	1 000
Financial Costs	2 000	4 000	9 000	18 000
Financial Balance	−2 000	−4 000	−8 000	−17 000
Dividends	0	0	0	0
Net Income	−371 000	20 000	284 000	−599 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	196 000	91 000	97 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	212 000	314 000	416 000	464 000
Total Tangible Assets	212 000	314 000	416 000	464 000
Total Fiancial Fixed Assets	31 000	93 000	1 000	1 000
Total Fixed Assets	439 000	499 000	514 000	465 000
Stock	168 000	145 000	95 000	72 000
Total Investments	0	0	0	0
Cash, Bank	526 000	801 000	549 000	73 000
Total Current Assets	1 008 000	999 000	761 000	190 000
Total Assets	1 447 000	1 498 000	1 275 000	655 000
Total Equity	−125 000	246 000	226 000	−58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	121 000	68 000	92 000	116 000
Creditors	149 000	150 000	193 000	142 000
Unpaid Taxes	693 000	452 000	345 000	188 000
Dividends	0	0	0	0
Other Current Debt	608 000	582 000	419 000	267 000
Total Current Debt	1 450 000	1 184 000	957 000	597 000
Total Equity and Debt	1 447 000	1 498 000	1 275 000	655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	296,8 %	8,13 %	125,66 %	1 032,76 %
Debt-to-Equity Ratio	−0,97	0,28	0,41	−2
Operating Profit Margin	−5,93 %	0,34 %	2,88 %	−16,89 %
Current Ratio	0,7	0,84	0,8	0,32
Quick Ratio	0,79	0,96	0,88	0,36
Equity Ratio	−0,09	0,16	0,18	−0,09
Gross Profit Margin	74,63 %	76,34 %	71,33 %	70,25 %