SMACK AS

2005 RÆLINGEN

Finances

Share Ownership

Return on Equity

31,76 %

Current Ratio

1,94

Debt-to-Equity Ratio

−2,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	825 000	1 507 000	1 578 000	787 000
Net Income	−47 000	586 000	584 000	−179 000
Total Assets	511 000	796 000	968 000	910 000
Total Equity	−148 000	−101 000	113 000	128 000

Income (NOK)	2022	2021	2020	2019
Revenue	825 000	1 507 000	1 578 000	787 000
Expenditure	874 000	745 000	829 000	1 046 000
Operating Profit	−50 000	762 000	749 000	−258 000
Financial Income	9 000	3 000	17 000	43 000
Financial Costs	19 000	13 000	17 000	25 000
Financial Balance	−10 000	−10 000	0	18 000
Earnings Before Tax	−60 000	752 000	749 000	−240 000
Tax	−13 000	165 000	165 000	−60 000
Net Income	−47 000	586 000	584 000	−179 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	462 000	711 000
Total Current Assets	511 000	796 000	507 000	199 000
Total Assets	511 000	796 000	968 000	910 000
Total Retained Equity	−248 000	−201 000	13 000	28 000
Total Equity	−148 000	−101 000	113 000	128 000
Total Long-Term Debt	395 000	494 000	616 000	569 000
Total Current Debt	264 000	404 000	239 000	213 000
Total Equity and Debt	511 000	796 000	968 000	910 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	825 000	1 507 000	1 578 000	787 000
Other Income	0	0	0	0
Revenue	825 000	1 507 000	1 578 000	787 000
Cost of Goods Sold	0	0	0	0
Salary Costs	808 000	670 000	786 000	931 000
Depreciation	0	0	0	11 000
Impairment	0	0	0	0
Expenditure	874 000	745 000	829 000	1 046 000
Operating Profit	−50 000	762 000	749 000	−258 000
Financial Income	9 000	3 000	17 000	43 000
Financial Costs	19 000	13 000	17 000	25 000
Financial Balance	−10 000	−10 000	0	18 000
Dividends	0	0	0	0
Net Income	−47 000	586 000	584 000	−179 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	462 000	711 000
Total Fixed Assets	0	0	462 000	711 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	469 000	708 000	415 000	118 000
Total Current Assets	511 000	796 000	507 000	199 000
Total Assets	511 000	796 000	968 000	910 000
Total Equity	−148 000	−101 000	113 000	128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	395 000	494 000	616 000	569 000
Creditors	46 000	4 000	1 000	1 000
Unpaid Taxes	43 000	49 000	48 000	43 000
Dividends	0	0	0	0
Other Current Debt	90 000	62 000	73 000	86 000
Total Current Debt	264 000	404 000	239 000	213 000
Total Equity and Debt	511 000	796 000	968 000	910 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,76 %	−580,2 %	516,81 %	−139,84 %
Debt-to-Equity Ratio	−2,67	−4,89	5,45	4,45
Operating Profit Margin	−6,06 %	50,56 %	47,47 %	−32,78 %
Current Ratio	1,94	1,97	2,12	0,93
Quick Ratio	1,94	1,97	2,12	0,93
Equity Ratio	−0,29	−0,13	0,12	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %