SMÆG AS

0555 OSLO

Finances

Share Ownership

Return on Equity

50 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 772 000	1 396 000	88 000
Net Income	107 000	68 000	14 000
Total Assets	472 000	340 000	153 000
Total Equity	214 000	107 000	38 000

Income (NOK)	2022	2021	2020
Revenue	2 772 000	1 396 000	88 000
Expenditure	2 635 000	1 302 000	73 000
Operating Profit	137 000	93 000	15 000
Financial Income	0	0	0
Financial Costs	0	2 000	0
Financial Balance	0	−2 000	0
Earnings Before Tax	137 000	91 000	15 000
Tax	30 000	23 000	1 000
Net Income	107 000	68 000	14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	36 000	49 000	62 000
Total Current Assets	436 000	291 000	91 000
Total Assets	472 000	340 000	153 000
Total Retained Equity	190 000	82 000	14 000
Total Equity	214 000	107 000	38 000
Total Long-Term Debt	1 000	2 000	0
Total Current Debt	257 000	232 000	115 000
Total Equity and Debt	472 000	340 000	153 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 744 000	1 364 000	87 000
Other Income	29 000	32 000	1 000
Revenue	2 772 000	1 396 000	88 000
Cost of Goods Sold	820 000	417 000	24 000
Salary Costs	1 188 000	566 000	13 000
Depreciation	13 000	13 000	3 000
Impairment	0	0	0
Expenditure	2 635 000	1 302 000	73 000
Operating Profit	137 000	93 000	15 000
Financial Income	0	0	0
Financial Costs	0	2 000	0
Financial Balance	0	−2 000	0
Dividends	0	0	0
Net Income	107 000	68 000	14 000

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	36 000	49 000	62 000
Total Tangible Assets	36 000	49 000	62 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	36 000	49 000	62 000
Stock	11 000	9 000	0
Total Investments	0	0	0
Cash, Bank	298 000	278 000	91 000
Total Current Assets	436 000	291 000	91 000
Total Assets	472 000	340 000	153 000
Total Equity	214 000	107 000	38 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	2 000	0
Creditors	0	0	1 000
Unpaid Taxes	55 000	60 000	7 000
Dividends	0	0	0
Other Current Debt	171 000	150 000	105 000
Total Current Debt	257 000	232 000	115 000
Total Equity and Debt	472 000	340 000	153 000

Financial indicators	2022	2021	2020
Return on Equity	50 %	63,55 %	36,84 %
Debt-to-Equity Ratio	0	0,02	0
Operating Profit Margin	4,94 %	6,66 %	17,05 %
Current Ratio	1,7	1,25	0,79
Quick Ratio	1,77	1,3	0,79
Equity Ratio	0,45	0,31	0,25
Gross Profit Margin	70,42 %	70,13 %	72,73 %