SMART ELEKTRO SERVICE AS

4322 SANDNES

Finances

Share Ownership

Return on Equity

10,66 %

Current Ratio

7,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 122 000	3 814 000	3 437 000	3 342 000
Net Income	450 000	352 000	267 000	730 000
Total Assets	4 801 000	4 412 000	3 866 000	3 592 000
Total Equity	4 222 000	3 772 000	3 420 000	3 154 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 122 000	3 814 000	3 437 000	3 342 000
Expenditure	3 549 000	3 368 000	3 100 000	2 407 000
Operating Profit	573 000	446 000	337 000	935 000
Financial Income	5 000	5 000	6 000	6 000
Financial Costs	0	0	1 000	1 000
Financial Balance	5 000	5 000	5 000	5 000
Earnings Before Tax	577 000	451 000	342 000	940 000
Tax	128 000	99 000	75 000	211 000
Net Income	450 000	352 000	267 000	730 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	667 000	739 000	999 000	701 000
Total Current Assets	4 135 000	3 673 000	2 867 000	2 891 000
Total Assets	4 801 000	4 412 000	3 866 000	3 592 000
Total Retained Equity	4 192 000	3 742 000	3 390 000	3 124 000
Total Equity	4 222 000	3 772 000	3 420 000	3 154 000
Total Long-Term Debt	14 000	41 000	59 000	30 000
Total Current Debt	566 000	599 000	387 000	408 000
Total Equity and Debt	4 801 000	4 412 000	3 866 000	3 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 122 000	3 814 000	3 281 000	3 327 000
Other Income	0	0	155 000	15 000
Revenue	4 122 000	3 814 000	3 437 000	3 342 000
Cost of Goods Sold	1 640 000	1 755 000	1 594 000	1 002 000
Salary Costs	866 000	824 000	824 000	765 000
Depreciation	299 000	260 000	256 000	182 000
Impairment	0	0	0	0
Expenditure	3 549 000	3 368 000	3 100 000	2 407 000
Operating Profit	573 000	446 000	337 000	935 000
Financial Income	5 000	5 000	6 000	6 000
Financial Costs	0	0	1 000	1 000
Financial Balance	5 000	5 000	5 000	5 000
Dividends	0	0	0	0
Net Income	450 000	352 000	267 000	730 000

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	667 000	739 000	999 000	701 000
Total Tangible Assets	667 000	739 000	999 000	701 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	667 000	739 000	999 000	701 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 471 000	2 982 000	2 311 000	2 298 000
Total Current Assets	4 135 000	3 673 000	2 867 000	2 891 000
Total Assets	4 801 000	4 412 000	3 866 000	3 592 000
Total Equity	4 222 000	3 772 000	3 420 000	3 154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	41 000	59 000	30 000
Creditors	211 000	282 000	106 000	57 000
Unpaid Taxes	113 000	94 000	160 000	67 000
Dividends	0	0	0	0
Other Current Debt	88 000	106 000	74 000	75 000
Total Current Debt	566 000	599 000	387 000	408 000
Total Equity and Debt	4 801 000	4 412 000	3 866 000	3 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,66 %	9,33 %	7,81 %	23,15 %
Debt-to-Equity Ratio	0	0,01	0,02	0,01
Operating Profit Margin	13,9 %	11,69 %	9,81 %	27,98 %
Current Ratio	7,31	6,13	7,41	7,09
Quick Ratio	7,31	6,13	7,41	7,09
Equity Ratio	0,88	0,85	0,88	0,88
Gross Profit Margin	60,21 %	53,99 %	53,62 %	70,02 %