CHEMSMART AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

33,85 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020
Revenue	16 381 000	14 197 000	12 709 000
Net Income	1 080 000	1 096 000	1 253 000
Total Assets	10 858 000	9 581 000	8 833 000
Total Equity	3 191 000	2 110 000	1 096 000

Income (NOK)	2022	2021	2020
Revenue	16 381 000	14 197 000	12 709 000
Expenditure	14 871 000	12 709 000	11 101 000
Operating Profit	1 511 000	1 489 000	1 608 000
Financial Income	24 000	40 000	49 000
Financial Costs	133 000	135 000	100 000
Financial Balance	−109 000	−95 000	−51 000
Earnings Before Tax	1 402 000	1 394 000	1 557 000
Tax	322 000	297 000	304 000
Net Income	1 080 000	1 096 000	1 253 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	220 000	318 000	397 000
Total Current Assets	10 639 000	9 262 000	8 437 000
Total Assets	10 858 000	9 581 000	8 833 000
Total Retained Equity	3 161 000	2 080 000	1 066 000
Total Equity	3 191 000	2 110 000	1 096 000
Total Long-Term Debt	1 861 000	2 088 000	1 651 000
Total Current Debt	5 806 000	5 383 000	6 086 000
Total Equity and Debt	10 858 000	9 581 000	8 833 000

Cash flow (NOK)	2022	2021	2020
Sales Income	16 379 000	14 043 000	12 658 000
Other Income	3 000	154 000	52 000
Revenue	16 381 000	14 197 000	12 709 000
Cost of Goods Sold	7 443 000	6 386 000	5 696 000
Salary Costs	4 488 000	4 261 000	3 562 000
Depreciation	136 000	136 000	136 000
Impairment	0	0	0
Expenditure	14 871 000	12 709 000	11 101 000
Operating Profit	1 511 000	1 489 000	1 608 000
Financial Income	24 000	40 000	49 000
Financial Costs	133 000	135 000	100 000
Financial Balance	−109 000	−95 000	−51 000
Dividends	0	0	0
Net Income	1 080 000	1 096 000	1 253 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	97 000	233 000	369 000
Total Tangible Assets	97 000	233 000	369 000
Total Fiancial Fixed Assets	122 000	85 000	27 000
Total Fixed Assets	220 000	318 000	397 000
Stock	7 453 000	7 037 000	6 949 000
Total Investments	0	0	0
Cash, Bank	306 000	107 000	71 000
Total Current Assets	10 639 000	9 262 000	8 437 000
Total Assets	10 858 000	9 581 000	8 833 000
Total Equity	3 191 000	2 110 000	1 096 000
Short-Term Group Debt	3 345 000	3 345 000	3 789 000
Total Long-Term Debt	1 861 000	2 088 000	1 651 000
Creditors	452 000	280 000	256 000
Unpaid Taxes	1 028 000	919 000	839 000
Dividends	0	0	0
Other Current Debt	660 000	542 000	492 000
Total Current Debt	5 806 000	5 383 000	6 086 000
Total Equity and Debt	10 858 000	9 581 000	8 833 000

Financial indicators	2022	2021	2020
Return on Equity	33,85 %	51,94 %	114,32 %
Debt-to-Equity Ratio	0,58	0,99	1,51
Operating Profit Margin	9,22 %	10,49 %	12,65 %
Current Ratio	1,83	1,72	1,39
Quick Ratio	−6,46	−5,6	−9,78
Equity Ratio	0,29	0,22	0,12
Gross Profit Margin	54,56 %	55,02 %	55,18 %