SMERTENS KILDE AS

4052 RØYNEBERG

Finances

Share Ownership

Return on Equity

53,85 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 365 000	1 151 000	1 091 000	1 101 000
Net Income	14 000	−19 000	4 000	54 000
Total Assets	302 000	191 000	280 000	291 000
Total Equity	26 000	12 000	130 000	126 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 365 000	1 151 000	1 091 000	1 101 000
Expenditure	1 351 000	1 169 000	1 086 000	1 033 000
Operating Profit	14 000	−19 000	5 000	69 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	14 000	−19 000	5 000	69 000
Tax	0	0	1 000	15 000
Net Income	14 000	−19 000	4 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	302 000	191 000	280 000	291 000
Total Assets	302 000	191 000	280 000	291 000
Total Retained Equity	−4 000	−18 000	100 000	96 000
Total Equity	26 000	12 000	130 000	126 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	276 000	179 000	150 000	165 000
Total Equity and Debt	302 000	191 000	280 000	291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 365 000	1 151 000	1 091 000	1 057 000
Other Income	0	0	0	45 000
Revenue	1 365 000	1 151 000	1 091 000	1 101 000
Cost of Goods Sold	0	0	0	1 000
Salary Costs	1 080 000	908 000	798 000	695 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 351 000	1 169 000	1 086 000	1 033 000
Operating Profit	14 000	−19 000	5 000	69 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	99 000	0	0
Net Income	14 000	−19 000	4 000	54 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	2 000
Total Investments	0	0	0	0
Cash, Bank	261 000	176 000	278 000	289 000
Total Current Assets	302 000	191 000	280 000	291 000
Total Assets	302 000	191 000	280 000	291 000
Total Equity	26 000	12 000	130 000	126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	42 000	−5 000	12 000	0
Unpaid Taxes	133 000	117 000	66 000	60 000
Dividends	0	99 000	0	0
Other Current Debt	100 000	68 000	71 000	90 000
Total Current Debt	276 000	179 000	150 000	165 000
Total Equity and Debt	302 000	191 000	280 000	291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,85 %	−158,33 %	3,08 %	42,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,03 %	−1,65 %	0,46 %	6,27 %
Current Ratio	1,09	1,07	1,87	1,76
Quick Ratio	1,09	1,07	1,87	1,79
Equity Ratio	0,09	0,06	0,46	0,43
Gross Profit Margin	100 %	100 %	100 %	99,91 %