THAI SMILE ASIA MARKET AS

5355 KNARREVIK

Finances

Share Ownership

Return on Equity

183,04 %

Current Ratio

1,13

Debt-to-Equity Ratio

−4,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 912 000	2 032 000	986 000	912 000
Net Income	−205 000	153 000	13 000	−54 000
Total Assets	727 000	556 000	37 000	24 000
Total Equity	−112 000	93 000	−60 000	−73 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 912 000	2 032 000	986 000	912 000
Expenditure	4 094 000	1 842 000	973 000	966 000
Operating Profit	−182 000	190 000	13 000	−54 000
Financial Income	0	0	0	0
Financial Costs	17 000	5 000	0	0
Financial Balance	−17 000	−5 000	0	0
Earnings Before Tax	−198 000	185 000	13 000	−54 000
Tax	7 000	32 000	0	0
Net Income	−205 000	153 000	13 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 000	267 000	0	0
Total Current Assets	438 000	289 000	37 000	24 000
Total Assets	727 000	556 000	37 000	24 000
Total Retained Equity	−142 000	63 000	−90 000	−103 000
Total Equity	−112 000	93 000	−60 000	−73 000
Total Long-Term Debt	453 000	208 000	0	0
Total Current Debt	386 000	255 000	98 000	97 000
Total Equity and Debt	727 000	556 000	37 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 912 000	2 032 000	984 000	912 000
Other Income	0	0	2 000	0
Revenue	3 912 000	2 032 000	986 000	912 000
Cost of Goods Sold	2 076 000	670 000	369 000	311 000
Salary Costs	1 237 000	860 000	522 000	593 000
Depreciation	104 000	35 000	0	0
Impairment	0	0	0	0
Expenditure	4 094 000	1 842 000	973 000	966 000
Operating Profit	−182 000	190 000	13 000	−54 000
Financial Income	0	0	0	0
Financial Costs	17 000	5 000	0	0
Financial Balance	−17 000	−5 000	0	0
Dividends	0	0	0	0
Net Income	−205 000	153 000	13 000	−54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	267 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	263 000	0	0	0
Total Tangible Assets	263 000	267 000	0	0
Total Fiancial Fixed Assets	25 000	0	0	0
Total Fixed Assets	288 000	267 000	0	0
Stock	206 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	168 000	286 000	37 000	25 000
Total Current Assets	438 000	289 000	37 000	24 000
Total Assets	727 000	556 000	37 000	24 000
Total Equity	−112 000	93 000	−60 000	−73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	453 000	208 000	0	0
Creditors	20 000	11 000	4 000	0
Unpaid Taxes	105 000	114 000	31 000	40 000
Dividends	0	0	0	0
Other Current Debt	260 000	98 000	63 000	57 000
Total Current Debt	386 000	255 000	98 000	97 000
Total Equity and Debt	727 000	556 000	37 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	183,04 %	164,52 %	−21,67 %	73,97 %
Debt-to-Equity Ratio	−4,04	2,24	−0	−0
Operating Profit Margin	−4,65 %	9,35 %	1,32 %	−5,92 %
Current Ratio	1,13	1,13	0,38	0,25
Quick Ratio	2,43	1,13	0,38	0,25
Equity Ratio	−0,15	0,17	−1,62	−3,04
Gross Profit Margin	46,93 %	67,03 %	62,58 %	65,9 %