SMILE THAI AUTO AS

9050 STORSTEINNES

Finances

Share Ownership

Return on Equity

6,31 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 284 000	1 090 000	279 000	0
Net Income	74 000	11 000	−49 000	0
Total Assets	1 172 000	634 000	76 000	55 000
Total Equity	1 172 000	634 000	30 000	55 000

Income (NOK)	2022	2021	2020
Revenue	1 284 000	1 090 000	279 000
Expenditure	1 189 000	1 076 000	328 000
Operating Profit	95 000	14 000	−49 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	95 000	14 000	−49 000
Tax	21 000	3 000	0
Net Income	74 000	11 000	−49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	63 000	18 000	15 000
Total Current Assets	1 087 000	571 000	58 000	40 000
Total Assets	1 172 000	634 000	76 000	55 000
Total Retained Equity	377 000	604 000	0	0
Total Equity	1 172 000	634 000	30 000	55 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	0	46 000	0
Total Equity and Debt	1 172 000	634 000	76 000	55 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 284 000	1 090 000	279 000
Other Income	0	0	0
Revenue	1 284 000	1 090 000	279 000
Cost of Goods Sold	433 000	475 000	144 000
Salary Costs	345 000	262 000	73 000
Depreciation	25 000	10 000	0
Impairment	0	0	0
Expenditure	1 189 000	1 076 000	328 000
Operating Profit	95 000	14 000	−49 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	74 000	11 000	−49 000

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	85 000	63 000	18 000	15 000
Total Tangible Assets	85 000	63 000	18 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	85 000	63 000	18 000	15 000
Stock	265 000	275 000	0	0
Total Investments	0	0	0	0
Cash, Bank	822 000	296 000	58 000	40 000
Total Current Assets	1 087 000	571 000	58 000	40 000
Total Assets	1 172 000	634 000	76 000	55 000
Total Equity	1 172 000	634 000	30 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	46 000	0
Total Current Debt	0	0	46 000	0
Total Equity and Debt	1 172 000	634 000	76 000	55 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,31 %	1,74 %	−163,33 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,4 %	1,28 %	−17,56 %	-
Current Ratio	-	-	1,26	-
Quick Ratio	−4,1	−2,08	1,26	-
Equity Ratio	1	1	0,39	1
Gross Profit Margin	66,28 %	56,42 %	48,39 %	-