SMARTSTONE AS

3647 HVITTINGFOSS

Finances

Share Ownership

Return on Equity

−148,39 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	819 000	2 835 000	1 535 000	373 000
Net Income	−138 000	540 000	−67 000	−341 000
Total Assets	2 093 000	1 964 000	1 143 000	928 000
Total Equity	93 000	232 000	−308 000	−241 000

Income (NOK)	2022	2021	2020	2019
Revenue	819 000	2 835 000	1 535 000	373 000
Expenditure	1 015 000	3 146 000	1 759 000	1 426 000
Operating Profit	−155 000	726 000	−84 000	−432 000
Financial Income	2 000	5 000	6 000	7 000
Financial Costs	25 000	38 000	8 000	12 000
Financial Balance	−23 000	−33 000	−2 000	−5 000
Earnings Before Tax	−177 000	692 000	−86 000	−437 000
Tax	−39 000	152 000	−19 000	−96 000
Net Income	−138 000	540 000	−67 000	−341 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	4 000	119 000	100 000
Total Current Assets	2 050 000	1 960 000	1 024 000	827 000
Total Assets	2 093 000	1 964 000	1 143 000	928 000
Total Retained Equity	−7 000	132 000	−408 000	−341 000
Total Equity	93 000	232 000	−308 000	−241 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000 000	1 732 000	1 452 000	1 169 000
Total Equity and Debt	2 093 000	1 964 000	1 143 000	928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	819 000	2 835 000	1 535 000	373 000
Other Income	0	0	0	0
Revenue	819 000	2 835 000	1 535 000	373 000
Cost of Goods Sold	703 000	2 509 000	1 073 000	951 000
Salary Costs	29 000	156 000	302 000	167 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 015 000	3 146 000	1 759 000	1 426 000
Operating Profit	−155 000	726 000	−84 000	−432 000
Financial Income	2 000	5 000	6 000	7 000
Financial Costs	25 000	38 000	8 000	12 000
Financial Balance	−23 000	−33 000	−2 000	−5 000
Dividends	0	0	0	0
Net Income	−138 000	540 000	−67 000	−341 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	0	115 000	96 000
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	4 000	4 000	4 000	4 000
Total Fixed Assets	43 000	4 000	119 000	100 000
Stock	1 839 000	1 797 000	760 000	621 000
Total Investments	0	0	0	0
Cash, Bank	98 000	9 000	261 000	120 000
Total Current Assets	2 050 000	1 960 000	1 024 000	827 000
Total Assets	2 093 000	1 964 000	1 143 000	928 000
Total Equity	93 000	232 000	−308 000	−241 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	118 000	269 000	172 000	146 000
Unpaid Taxes	37 000	65 000	61 000	54 000
Dividends	0	0	0	0
Other Current Debt	1 808 000	1 361 000	1 218 000	969 000
Total Current Debt	2 000 000	1 732 000	1 452 000	1 169 000
Total Equity and Debt	2 093 000	1 964 000	1 143 000	928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−148,39 %	232,76 %	21,75 %	141,49 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	−18,93 %	25,61 %	−5,47 %	−115,82 %
Current Ratio	1,03	1,13	0,71	0,71
Quick Ratio	12,73	−30,15	1,48	1,51
Equity Ratio	0,04	0,12	−0,27	−0,26
Gross Profit Margin	14,16 %	11,5 %	30,1 %	−154,96 %