SMARTPANEL AS

1630 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−34,47 %

Current Ratio

1,19

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	154 810 000	165 064 000	171 082 000	145 318 000
Net Income	−15 435 000	−5 798 000	107 000	−13 943 000
Total Assets	203 597 000	149 427 000	119 339 000	116 811 000
Total Equity	44 774 000	33 062 000	30 330 000	27 635 000

Income (NOK)	2022	2021	2020	2019
Revenue	154 810 000	165 064 000	171 082 000	145 318 000
Expenditure	177 692 000	171 160 000	170 383 000	161 535 000
Operating Profit	−22 881 000	−6 097 000	699 000	−16 216 000
Financial Income	7 598 000	1 960 000	4 256 000	1 696 000
Financial Costs	6 184 000	3 277 000	4 805 000	3 396 000
Financial Balance	1 414 000	−1 317 000	−549 000	−1 700 000
Earnings Before Tax	−21 467 000	−7 414 000	150 000	−17 917 000
Tax	−6 032 000	−1 616 000	43 000	−3 974 000
Net Income	−15 435 000	−5 798 000	107 000	−13 943 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 345 000	73 713 000	57 527 000	49 362 000
Total Current Assets	118 253 000	75 713 000	61 812 000	67 448 000
Total Assets	203 597 000	149 427 000	119 339 000	116 811 000
Total Retained Equity	0	0	107 000	0
Total Equity	44 774 000	33 062 000	30 330 000	27 635 000
Total Long-Term Debt	59 849 000	64 724 000	50 309 000	55 536 000
Total Current Debt	98 974 000	51 640 000	38 700 000	33 640 000
Total Equity and Debt	203 597 000	149 427 000	119 339 000	116 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	154 710 000	164 764 000	170 774 000	145 168 000
Other Income	100 000	300 000	308 000	150 000
Revenue	154 810 000	165 064 000	171 082 000	145 318 000
Cost of Goods Sold	91 083 000	92 851 000	92 332 000	81 411 000
Salary Costs	22 342 000	23 373 000	22 562 000	22 112 000
Depreciation	7 765 000	6 719 000	5 613 000	5 027 000
Impairment	0	0	0	0
Expenditure	177 692 000	171 160 000	170 383 000	161 535 000
Operating Profit	−22 881 000	−6 097 000	699 000	−16 216 000
Financial Income	7 598 000	1 960 000	4 256 000	1 696 000
Financial Costs	6 184 000	3 277 000	4 805 000	3 396 000
Financial Balance	1 414 000	−1 317 000	−549 000	−1 700 000
Dividends	0	0	0	0
Net Income	−15 435 000	−5 798 000	107 000	−13 943 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	301 000	301 000	301 000	301 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	84 658 000	72 383 000	56 175 000	47 736 000
Fixtures	385 000	702 000	869 000	1 143 000
Total Tangible Assets	85 044 000	73 085 000	57 044 000	48 879 000
Total Fiancial Fixed Assets	0	328 000	182 000	182 000
Total Fixed Assets	85 345 000	73 713 000	57 527 000	49 362 000
Stock	74 575 000	52 026 000	31 431 000	31 653 000
Total Investments	0	0	0	0
Cash, Bank	950 000	889 000	873 000	719 000
Total Current Assets	118 253 000	75 713 000	61 812 000	67 448 000
Total Assets	203 597 000	149 427 000	119 339 000	116 811 000
Total Equity	44 774 000	33 062 000	30 330 000	27 635 000
Short-Term Group Debt	61 114 000	22 598 000	677 000	2 181 000
Total Long-Term Debt	59 849 000	64 724 000	50 309 000	55 536 000
Creditors	20 425 000	15 893 000	22 314 000	19 307 000
Unpaid Taxes	2 383 000	1 719 000	2 938 000	2 034 000
Dividends	0	0	0	0
Other Current Debt	15 052 000	11 431 000	12 771 000	10 117 000
Total Current Debt	98 974 000	51 640 000	38 700 000	33 640 000
Total Equity and Debt	203 597 000	149 427 000	119 339 000	116 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,47 %	−17,54 %	0,35 %	−50,45 %
Debt-to-Equity Ratio	1,34	1,96	1,66	2,01
Operating Profit Margin	−14,78 %	−3,69 %	0,41 %	−11,16 %
Current Ratio	1,19	1,47	1,6	2
Quick Ratio	4,85	−196,15	8,5	33,94
Equity Ratio	0,22	0,22	0,25	0,24
Gross Profit Margin	41,16 %	43,75 %	46,03 %	43,98 %