SMART FLIS HAUGALAND AS

5529 HAUGESUND

Finances

Share Ownership

Return on Equity

26,77 %

Current Ratio

0,9

Debt-to-Equity Ratio

−0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	813 000	1 055 000	1 399 000	2 475 000
Net Income	−389 000	−169 000	−35 000	−248 000
Total Assets	1 371 000	1 196 000	1 276 000	1 277 000
Total Equity	−1 453 000	−1 064 000	−896 000	−861 000

Income (NOK)	2022	2021	2020	2019
Revenue	813 000	1 055 000	1 399 000	2 475 000
Expenditure	1 173 000	1 199 000	1 407 000	2 692 000
Operating Profit	−359 000	−145 000	−8 000	−217 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	31 000	24 000	28 000	31 000
Financial Balance	−30 000	−23 000	−27 000	−30 000
Earnings Before Tax	−389 000	−169 000	−35 000	−248 000
Tax	0	0	0	0
Net Income	−389 000	−169 000	−35 000	−248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	43 000	67 000	45 000
Total Current Assets	1 336 000	1 152 000	1 209 000	1 232 000
Total Assets	1 371 000	1 196 000	1 276 000	1 277 000
Total Retained Equity	−1 855 000	−1 466 000	−1 298 000	−1 263 000
Total Equity	−1 453 000	−1 064 000	−896 000	−861 000
Total Long-Term Debt	1 344 000	1 027 000	1 059 000	1 016 000
Total Current Debt	1 480 000	1 233 000	1 112 000	1 122 000
Total Equity and Debt	1 371 000	1 196 000	1 276 000	1 277 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	813 000	1 020 000	1 241 000	2 458 000
Other Income	0	35 000	158 000	18 000
Revenue	813 000	1 055 000	1 399 000	2 475 000
Cost of Goods Sold	231 000	484 000	561 000	1 415 000
Salary Costs	236 000	71 000	165 000	575 000
Depreciation	9 000	23 000	18 000	10 000
Impairment	0	0	0	0
Expenditure	1 173 000	1 199 000	1 407 000	2 692 000
Operating Profit	−359 000	−145 000	−8 000	−217 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	31 000	24 000	28 000	31 000
Financial Balance	−30 000	−23 000	−27 000	−30 000
Dividends	0	0	0	0
Net Income	−389 000	−169 000	−35 000	−248 000

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	14 000	18 000	22 000	45 000
Fixtures	21 000	26 000	45 000	0
Total Tangible Assets	35 000	43 000	67 000	45 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	43 000	67 000	45 000
Stock	1 323 000	1 077 000	1 075 000	1 131 000
Total Investments	0	0	0	0
Cash, Bank	2 000	6 000	6 000	10 000
Total Current Assets	1 336 000	1 152 000	1 209 000	1 232 000
Total Assets	1 371 000	1 196 000	1 276 000	1 277 000
Total Equity	−1 453 000	−1 064 000	−896 000	−861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 344 000	1 027 000	1 059 000	1 016 000
Creditors	956 000	737 000	667 000	791 000
Unpaid Taxes	12 000	155 000	163 000	235 000
Dividends	0	0	0	0
Other Current Debt	136 000	21 000	29 000	79 000
Total Current Debt	1 480 000	1 233 000	1 112 000	1 122 000
Total Equity and Debt	1 371 000	1 196 000	1 276 000	1 277 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,77 %	15,88 %	3,91 %	28,8 %
Debt-to-Equity Ratio	−0,92	−0,97	−1,18	−1,18
Operating Profit Margin	−44,16 %	−13,74 %	−0,57 %	−8,77 %
Current Ratio	0,9	0,93	1,09	1,1
Quick Ratio	8,51	7,38	32,68	−136,89
Equity Ratio	−1,06	−0,89	−0,7	−0,67
Gross Profit Margin	71,59 %	54,12 %	59,9 %	42,83 %