SMART ELEKTRO HOLDING AS

1470 LØRENSKOG

Finances

Return on Equity

−7,22 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 696 000	126 520 000	91 116 000	109 334 000
Net Income	−454 000	4 019 000	2 884 000	2 950 000
Total Assets	39 597 000	58 918 000	34 572 000	33 838 000
Total Equity	6 289 000	10 179 000	9 824 000	8 653 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 696 000	126 520 000	91 116 000	109 334 000
Expenditure	131 113 000	121 388 000	88 685 000	105 564 000
Operating Profit	−1 417 000	5 131 000	2 431 000	3 770 000
Financial Income	735 000	40 000	1 025 000	46 000
Financial Costs	94 000	7 000	44 000	17 000
Financial Balance	641 000	33 000	981 000	29 000
Earnings Before Tax	−776 000	5 164 000	3 411 000	3 799 000
Tax	−322 000	1 145 000	528 000	849 000
Net Income	−454 000	4 019 000	2 884 000	2 950 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	498 000	572 000	675 000	686 000
Total Current Assets	39 099 000	58 346 000	33 897 000	33 152 000
Total Assets	39 597 000	58 918 000	34 572 000	33 838 000
Total Retained Equity	6 015 000	9 905 000	8 323 000	7 406 000
Total Equity	6 289 000	10 179 000	9 824 000	8 653 000
Total Long-Term Debt	2 820 000	3 142 000	1 997 000	1 469 000
Total Current Debt	30 488 000	45 597 000	22 752 000	23 716 000
Total Equity and Debt	39 597 000	58 918 000	34 572 000	33 838 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 696 000	126 520 000	91 116 000	109 334 000
Other Income	0	0	0	0
Revenue	129 696 000	126 520 000	91 116 000	109 334 000
Cost of Goods Sold	58 301 000	57 770 000	31 393 000	46 233 000
Salary Costs	57 305 000	50 005 000	44 972 000	48 014 000
Depreciation	81 000	103 000	121 000	134 000
Impairment	0	0	0	0
Expenditure	131 113 000	121 388 000	88 685 000	105 564 000
Operating Profit	−1 417 000	5 131 000	2 431 000	3 770 000
Financial Income	735 000	40 000	1 025 000	46 000
Financial Costs	94 000	7 000	44 000	17 000
Financial Balance	641 000	33 000	981 000	29 000
Dividends	0	0	0	0
Net Income	−454 000	4 019 000	2 884 000	2 950 000

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	458 000	539 000	643 000	654 000
Total Tangible Assets	458 000	539 000	643 000	654 000
Total Fiancial Fixed Assets	40 000	33 000	33 000	33 000
Total Fixed Assets	498 000	572 000	675 000	686 000
Stock	1 313 000	1 467 000	968 000	932 000
Total Investments	0	0	0	0
Cash, Bank	4 619 000	20 404 000	16 452 000	12 700 000
Total Current Assets	39 099 000	58 346 000	33 897 000	33 152 000
Total Assets	39 597 000	58 918 000	34 572 000	33 838 000
Total Equity	6 289 000	10 179 000	9 824 000	8 653 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 820 000	3 142 000	1 997 000	1 469 000
Creditors	9 361 000	17 201 000	4 472 000	6 953 000
Unpaid Taxes	7 558 000	5 690 000	5 857 000	5 862 000
Dividends	0	0	0	0
Other Current Debt	13 568 000	22 141 000	12 211 000	10 901 000
Total Current Debt	30 488 000	45 597 000	22 752 000	23 716 000
Total Equity and Debt	39 597 000	58 918 000	34 572 000	33 838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,22 %	39,48 %	29,36 %	34,09 %
Debt-to-Equity Ratio	0,45	0,31	0,2	0,17
Operating Profit Margin	−1,09 %	4,06 %	2,67 %	3,45 %
Current Ratio	1,28	1,28	1,49	1,4
Quick Ratio	1,34	1,32	1,56	1,46
Equity Ratio	0,16	0,17	0,28	0,26
Gross Profit Margin	55,05 %	54,34 %	65,55 %	57,71 %