JOACHIM SMITH AS

0768 OSLO

Finances

Share Ownership

Return on Equity

−8,87 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 248 000	51 098 000	46 048 000	0
Net Income	−87 000	178 000	390 000	0
Total Assets	4 261 000	4 733 000	5 435 000	500 000
Total Equity	981 000	1 068 000	891 000	500 000

Income (NOK)	2022	2021	2020
Revenue	45 248 000	51 098 000	46 048 000
Expenditure	45 353 000	50 871 000	45 554 000
Operating Profit	−104 000	227 000	495 000
Financial Income	10 000	1 000	6 000
Financial Costs	0	0	0
Financial Balance	10 000	1 000	6 000
Earnings Before Tax	−94 000	228 000	501 000
Tax	−7 000	50 000	110 000
Net Income	−87 000	178 000	390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	154 000	178 000	0	0
Total Current Assets	4 107 000	4 556 000	5 435 000	500 000
Total Assets	4 261 000	4 733 000	5 435 000	500 000
Total Retained Equity	481 000	568 000	391 000	0
Total Equity	981 000	1 068 000	891 000	500 000
Total Long-Term Debt	0	7 000	1 000	0
Total Current Debt	3 280 000	3 659 000	4 544 000	0
Total Equity and Debt	4 261 000	4 733 000	5 435 000	500 000

Cash flow (NOK)	2022	2021	2020
Sales Income	44 203 000	50 296 000	45 451 000
Other Income	1 045 000	803 000	597 000
Revenue	45 248 000	51 098 000	46 048 000
Cost of Goods Sold	38 054 000	42 981 000	38 413 000
Salary Costs	2 921 000	2 955 000	2 654 000
Depreciation	24 000	11 000	0
Impairment	0	0	0
Expenditure	45 353 000	50 871 000	45 554 000
Operating Profit	−104 000	227 000	495 000
Financial Income	10 000	1 000	6 000
Financial Costs	0	0	0
Financial Balance	10 000	1 000	6 000
Dividends	0	0	0
Net Income	−87 000	178 000	390 000

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	154 000	178 000	0	0
Total Tangible Assets	154 000	178 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	154 000	178 000	0	0
Stock	2 849 000	2 591 000	2 800 000	0
Total Investments	0	0	0	0
Cash, Bank	991 000	1 730 000	2 437 000	500 000
Total Current Assets	4 107 000	4 556 000	5 435 000	500 000
Total Assets	4 261 000	4 733 000	5 435 000	500 000
Total Equity	981 000	1 068 000	891 000	500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 000	1 000	0
Creditors	2 311 000	2 764 000	3 698 000	0
Unpaid Taxes	215 000	136 000	135 000	0
Dividends	0	0	0	0
Other Current Debt	755 000	714 000	601 000	0
Total Current Debt	3 280 000	3 659 000	4 544 000	0
Total Equity and Debt	4 261 000	4 733 000	5 435 000	500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,87 %	16,67 %	43,77 %	0 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	−0,23 %	0,44 %	1,07 %	-
Current Ratio	1,25	1,25	1,2	-
Quick Ratio	9,53	4,27	3,12	-
Equity Ratio	0,23	0,23	0,16	1
Gross Profit Margin	15,9 %	15,89 %	16,58 %	-