SMOOTH AS

0164 OSLO

Finances

Share Ownership

Return on Equity

62,13 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 464 000	3 959 000	3 381 000	1 009 000
Net Income	817 000	1 174 000	1 173 000	327 000
Total Assets	2 200 000	2 565 000	2 415 000	734 000
Total Equity	1 315 000	498 000	524 000	351 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 464 000	3 959 000	3 381 000	1 009 000
Expenditure	3 413 000	2 457 000	1 879 000	590 000
Operating Profit	1 051 000	1 502 000	1 502 000	419 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	1 051 000	1 502 000	1 502 000	419 000
Tax	234 000	328 000	330 000	92 000
Net Income	817 000	1 174 000	1 173 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	55 000	93 000	0
Total Current Assets	2 184 000	2 511 000	2 322 000	734 000
Total Assets	2 200 000	2 565 000	2 415 000	734 000
Total Retained Equity	1 290 000	473 000	499 000	327 000
Total Equity	1 315 000	498 000	524 000	351 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	886 000	2 067 000	1 892 000	383 000
Total Equity and Debt	2 200 000	2 565 000	2 415 000	734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 464 000	3 959 000	3 381 000	1 009 000
Other Income	0	0	0	0
Revenue	4 464 000	3 959 000	3 381 000	1 009 000
Cost of Goods Sold	0	0	0	8 000
Salary Costs	3 080 000	2 162 000	1 620 000	510 000
Depreciation	39 000	39 000	23 000	0
Impairment	0	0	0	0
Expenditure	3 413 000	2 457 000	1 879 000	590 000
Operating Profit	1 051 000	1 502 000	1 502 000	419 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	1 200 000	1 000 000	0
Net Income	817 000	1 174 000	1 173 000	327 000

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	16 000	55 000	93 000	0
Total Tangible Assets	16 000	55 000	93 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	55 000	93 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 421 000	1 854 000	1 943 000	588 000
Total Current Assets	2 184 000	2 511 000	2 322 000	734 000
Total Assets	2 200 000	2 565 000	2 415 000	734 000
Total Equity	1 315 000	498 000	524 000	351 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	34 000	109 000	1 000
Unpaid Taxes	332 000	278 000	289 000	179 000
Dividends	0	1 200 000	1 000 000	0
Other Current Debt	318 000	226 000	163 000	111 000
Total Current Debt	886 000	2 067 000	1 892 000	383 000
Total Equity and Debt	2 200 000	2 565 000	2 415 000	734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,13 %	235,74 %	223,85 %	93,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,54 %	37,94 %	44,42 %	41,53 %
Current Ratio	2,47	1,21	1,23	1,92
Quick Ratio	2,47	1,21	1,23	1,92
Equity Ratio	0,6	0,19	0,22	0,48
Gross Profit Margin	100 %	100 %	100 %	99,21 %