SMART ELEKTRO AS

1086 OSLO

Finances

Return on Equity

−4,87 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 696 000	126 520 000	91 116 000	109 334 000
Net Income	−408 000	4 080 000	2 022 000	3 003 000
Total Assets	41 800 000	61 061 000	34 839 000	35 451 000
Total Equity	8 383 000	8 790 000	8 711 000	10 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 696 000	126 520 000	91 116 000	109 334 000
Expenditure	131 052 000	121 317 000	88 517 000	105 491 000
Operating Profit	−1 355 000	5 203 000	2 599 000	3 843 000
Financial Income	733 000	36 000	39 000	38 000
Financial Costs	94 000	7 000	44 000	17 000
Financial Balance	639 000	29 000	−5 000	21 000
Earnings Before Tax	−716 000	5 232 000	2 594 000	3 863 000
Tax	−308 000	1 152 000	572 000	860 000
Net Income	−408 000	4 080 000	2 022 000	3 003 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 823 000	2 897 000	2 999 000	2 920 000
Total Current Assets	38 977 000	58 164 000	31 840 000	32 531 000
Total Assets	41 800 000	61 061 000	34 839 000	35 451 000
Total Retained Equity	3 372 000	3 779 000	3 699 000	5 179 000
Total Equity	8 383 000	8 790 000	8 711 000	10 190 000
Total Long-Term Debt	2 929 000	3 237 000	2 085 000	1 513 000
Total Current Debt	30 488 000	49 033 000	24 043 000	23 747 000
Total Equity and Debt	41 800 000	61 061 000	34 839 000	35 451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 696 000	126 520 000	91 116 000	109 334 000
Other Income	0	0	0	0
Revenue	129 696 000	126 520 000	91 116 000	109 334 000
Cost of Goods Sold	58 301 000	57 770 000	31 393 000	46 233 000
Salary Costs	57 305 000	50 005 000	44 972 000	48 014 000
Depreciation	81 000	103 000	121 000	134 000
Impairment	0	0	0	0
Expenditure	131 052 000	121 317 000	88 517 000	105 491 000
Operating Profit	−1 355 000	5 203 000	2 599 000	3 843 000
Financial Income	733 000	36 000	39 000	38 000
Financial Costs	94 000	7 000	44 000	17 000
Financial Balance	639 000	29 000	−5 000	21 000
Dividends	0	4 000 000	1 502 000	0
Net Income	−408 000	4 080 000	2 022 000	3 003 000

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	458 000	539 000	643 000	654 000
Total Tangible Assets	458 000	539 000	643 000	654 000
Total Fiancial Fixed Assets	2 365 000	2 357 000	2 357 000	2 266 000
Total Fixed Assets	2 823 000	2 897 000	2 999 000	2 920 000
Stock	1 313 000	1 467 000	968 000	932 000
Total Investments	0	0	0	0
Cash, Bank	4 500 000	20 226 000	14 389 000	11 991 000
Total Current Assets	38 977 000	58 164 000	31 840 000	32 531 000
Total Assets	41 800 000	61 061 000	34 839 000	35 451 000
Total Equity	8 383 000	8 790 000	8 711 000	10 190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 929 000	3 237 000	2 085 000	1 513 000
Creditors	9 361 000	17 201 000	4 465 000	6 953 000
Unpaid Taxes	7 558 000	5 690 000	5 857 000	5 862 000
Dividends	0	4 000 000	1 502 000	0
Other Current Debt	13 568 000	22 141 000	12 220 000	10 932 000
Total Current Debt	30 488 000	49 033 000	24 043 000	23 747 000
Total Equity and Debt	41 800 000	61 061 000	34 839 000	35 451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,87 %	46,42 %	23,21 %	29,47 %
Debt-to-Equity Ratio	0,35	0,37	0,24	0,15
Operating Profit Margin	−1,04 %	4,11 %	2,85 %	3,51 %
Current Ratio	1,28	1,19	1,32	1,37
Quick Ratio	1,34	1,22	1,38	1,43
Equity Ratio	0,2	0,14	0,25	0,29
Gross Profit Margin	55,05 %	54,34 %	65,55 %	57,71 %