LESMOOTH DESIGN AS

0474 OSLO

Finances

Return on Equity

4,09 %

Current Ratio

0,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 000	139 000	732 000	243 000
Net Income	16 000	40 000	247 000	−80 000
Total Assets	459 000	452 000	462 000	165 000
Total Equity	391 000	375 000	335 000	88 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 000	139 000	732 000	243 000
Expenditure	40 000	82 000	438 000	322 000
Operating Profit	22 000	57 000	294 000	−80 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	21 000	56 000	294 000	−80 000
Tax	5 000	16 000	47 000	0
Net Income	16 000	40 000	247 000	−80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	422 000	422 000	347 000	100 000
Total Current Assets	37 000	30 000	115 000	66 000
Total Assets	459 000	452 000	462 000	165 000
Total Retained Equity	361 000	345 000	305 000	58 000
Total Equity	391 000	375 000	335 000	88 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	68 000	77 000	127 000	77 000
Total Equity and Debt	459 000	452 000	462 000	165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 000	139 000	732 000	243 000
Other Income	0	0	0	0
Revenue	63 000	139 000	732 000	243 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	36 000	400 000	308 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	40 000	82 000	438 000	322 000
Operating Profit	22 000	57 000	294 000	−80 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	16 000	40 000	247 000	−80 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	422 000	422 000	347 000	100 000
Total Fixed Assets	422 000	422 000	347 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	30 000	57 000	37 000
Total Current Assets	37 000	30 000	115 000	66 000
Total Assets	459 000	452 000	462 000	165 000
Total Equity	391 000	375 000	335 000	88 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	2 000	9 000	31 000	38 000
Dividends	0	0	0	0
Other Current Debt	61 000	55 000	52 000	41 000
Total Current Debt	68 000	77 000	127 000	77 000
Total Equity and Debt	459 000	452 000	462 000	165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,09 %	10,67 %	73,73 %	−90,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,92 %	41,01 %	40,16 %	−32,92 %
Current Ratio	0,54	0,39	0,91	0,86
Quick Ratio	0,54	0,39	0,91	0,86
Equity Ratio	0,85	0,83	0,73	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %