SMART RØR AS

3114 TØNSBERG

Finances

Return on Equity

14,76 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 888 000	8 762 000	4 683 000	1 053 000
Net Income	80 000	396 000	−39 000	3 000
Total Assets	3 574 000	1 903 000	735 000	506 000
Total Equity	542 000	468 000	94 000	133 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 888 000	8 762 000	4 683 000	1 053 000
Expenditure	12 784 000	8 291 000	4 718 000	1 044 000
Operating Profit	104 000	470 000	−36 000	10 000
Financial Income	18 000	32 000	0	0
Financial Costs	22 000	12 000	3 000	6 000
Financial Balance	−4 000	20 000	−3 000	−6 000
Earnings Before Tax	100 000	489 000	−39 000	4 000
Tax	20 000	93 000	0	1 000
Net Income	80 000	396 000	−39 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	451 000	92 000	20 000	0
Total Current Assets	3 123 000	1 811 000	715 000	506 000
Total Assets	3 574 000	1 903 000	735 000	506 000
Total Retained Equity	412 000	338 000	−36 000	3 000
Total Equity	542 000	468 000	94 000	133 000
Total Long-Term Debt	321 000	2 000	0	0
Total Current Debt	2 711 000	1 433 000	641 000	373 000
Total Equity and Debt	3 574 000	1 903 000	735 000	506 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 888 000	8 762 000	4 683 000	1 053 000
Other Income	0	0	0	0
Revenue	12 888 000	8 762 000	4 683 000	1 053 000
Cost of Goods Sold	7 037 000	5 117 000	2 592 000	445 000
Salary Costs	4 282 000	2 210 000	1 580 000	299 000
Depreciation	69 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	12 784 000	8 291 000	4 718 000	1 044 000
Operating Profit	104 000	470 000	−36 000	10 000
Financial Income	18 000	32 000	0	0
Financial Costs	22 000	12 000	3 000	6 000
Financial Balance	−4 000	20 000	−3 000	−6 000
Dividends	0	0	0	0
Net Income	80 000	396 000	−39 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	394 000	37 000	0	0
Total Tangible Assets	394 000	37 000	0	0
Total Fiancial Fixed Assets	55 000	55 000	20 000	0
Total Fixed Assets	451 000	92 000	20 000	0
Stock	462 000	253 000	163 000	122 000
Total Investments	0	0	0	0
Cash, Bank	874 000	617 000	232 000	275 000
Total Current Assets	3 123 000	1 811 000	715 000	506 000
Total Assets	3 574 000	1 903 000	735 000	506 000
Total Equity	542 000	468 000	94 000	133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	321 000	2 000	0	0
Creditors	1 530 000	572 000	186 000	179 000
Unpaid Taxes	430 000	399 000	242 000	61 000
Dividends	0	0	0	0
Other Current Debt	728 000	377 000	214 000	133 000
Total Current Debt	2 711 000	1 433 000	641 000	373 000
Total Equity and Debt	3 574 000	1 903 000	735 000	506 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,76 %	84,62 %	−41,49 %	2,26 %
Debt-to-Equity Ratio	0,59	0	0	0
Operating Profit Margin	0,81 %	5,36 %	−0,77 %	0,95 %
Current Ratio	1,15	1,26	1,12	1,36
Quick Ratio	1,39	1,53	1,5	2,02
Equity Ratio	0,15	0,25	0,13	0,26
Gross Profit Margin	45,4 %	41,6 %	44,65 %	57,74 %