SMELTER AS

8517 NARVIK

Finances

Return on Equity

−2,38 %

Current Ratio

2,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−16 000	514 000	0	148 000
Total Assets	815 000	847 000	328 000	501 000
Total Equity	671 000	687 000	173 000	174 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	19 000	22 000	18 000	11 000
Operating Profit	−19 000	−22 000	−18 000	−11 000
Financial Income	0	680 000	26 000	201 000
Financial Costs	1 000	0	9 000	0
Financial Balance	−1 000	680 000	17 000	201 000
Earnings Before Tax	−20 000	658 000	0	190 000
Tax	−4 000	145 000	0	42 000
Net Income	−16 000	514 000	0	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	384 000	380 000	90 000	90 000
Total Current Assets	431 000	467 000	238 000	411 000
Total Assets	815 000	847 000	328 000	501 000
Total Retained Equity	647 000	662 000	149 000	149 000
Total Equity	671 000	687 000	173 000	174 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	144 000	160 000	154 000	327 000
Total Equity and Debt	815 000	847 000	328 000	501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	19 000	22 000	18 000	11 000
Operating Profit	−19 000	−22 000	−18 000	−11 000
Financial Income	0	680 000	26 000	201 000
Financial Costs	1 000	0	9 000	0
Financial Balance	−1 000	680 000	17 000	201 000
Dividends	0	0	0	0
Net Income	−16 000	514 000	0	148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	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	380 000	380 000	90 000	90 000
Total Fixed Assets	384 000	380 000	90 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	1 000	0
Total Current Assets	431 000	467 000	238 000	411 000
Total Assets	815 000	847 000	328 000	501 000
Total Equity	671 000	687 000	173 000	174 000
Short-Term Group Debt	144 000	0	154 000	287 000
Total Long-Term Debt	0	0	0	0
Creditors	0	15 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	144 000	160 000	154 000	327 000
Total Equity and Debt	815 000	847 000	328 000	501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,38 %	74,82 %	0 %	85,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,99	2,92	1,55	1,26
Quick Ratio	2,99	2,92	1,55	1,26
Equity Ratio	0,82	0,81	0,53	0,35
Gross Profit Margin	-	-	-	-