SMØRETEKNIKK AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

46,38 %

Current Ratio

2,98

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 637 000	7 182 000	5 610 000	5 084 000
Net Income	1 469 000	1 088 000	100 000	233 000
Total Assets	7 233 000	6 046 000	4 274 000	2 407 000
Total Equity	3 167 000	2 148 000	1 420 000	1 320 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 637 000	7 182 000	5 610 000	5 084 000
Expenditure	7 649 000	5 724 000	5 414 000	4 766 000
Operating Profit	1 988 000	1 458 000	197 000	319 000
Financial Income	29 000	16 000	37 000	3 000
Financial Costs	130 000	78 000	105 000	23 000
Financial Balance	−101 000	−62 000	−68 000	−20 000
Earnings Before Tax	1 887 000	1 395 000	128 000	299 000
Tax	418 000	307 000	28 000	66 000
Net Income	1 469 000	1 088 000	100 000	233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	215 000	156 000	38 000	32 000
Total Current Assets	7 017 000	5 891 000	4 236 000	2 375 000
Total Assets	7 233 000	6 046 000	4 274 000	2 407 000
Total Retained Equity	3 067 000	2 048 000	1 320 000	1 220 000
Total Equity	3 167 000	2 148 000	1 420 000	1 320 000
Total Long-Term Debt	1 710 000	2 007 000	2 043 000	270 000
Total Current Debt	2 356 000	1 891 000	811 000	817 000
Total Equity and Debt	7 233 000	6 046 000	4 274 000	2 407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 637 000	7 182 000	5 582 000	5 065 000
Other Income	0	0	28 000	19 000
Revenue	9 637 000	7 182 000	5 610 000	5 084 000
Cost of Goods Sold	3 273 000	2 734 000	2 459 000	1 764 000
Salary Costs	2 684 000	1 827 000	1 980 000	2 077 000
Depreciation	43 000	34 000	10 000	7 000
Impairment	0	0	0	0
Expenditure	7 649 000	5 724 000	5 414 000	4 766 000
Operating Profit	1 988 000	1 458 000	197 000	319 000
Financial Income	29 000	16 000	37 000	3 000
Financial Costs	130 000	78 000	105 000	23 000
Financial Balance	−101 000	−62 000	−68 000	−20 000
Dividends	450 000	360 000	0	0
Net Income	1 469 000	1 088 000	100 000	233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 000	0	14 000	16 000
Machinery and Plant Facilities	98 000	0	0	0
Fixtures	107 000	156 000	13 000	16 000
Total Tangible Assets	215 000	156 000	27 000	32 000
Total Fiancial Fixed Assets	0	0	11 000	0
Total Fixed Assets	215 000	156 000	38 000	32 000
Stock	4 575 000	3 067 000	2 415 000	1 157 000
Total Investments	0	0	0	0
Cash, Bank	1 515 000	1 791 000	1 207 000	780 000
Total Current Assets	7 017 000	5 891 000	4 236 000	2 375 000
Total Assets	7 233 000	6 046 000	4 274 000	2 407 000
Total Equity	3 167 000	2 148 000	1 420 000	1 320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 710 000	2 007 000	2 043 000	270 000
Creditors	503 000	468 000	158 000	196 000
Unpaid Taxes	448 000	361 000	294 000	204 000
Dividends	450 000	360 000	0	0
Other Current Debt	539 000	400 000	330 000	353 000
Total Current Debt	2 356 000	1 891 000	811 000	817 000
Total Equity and Debt	7 233 000	6 046 000	4 274 000	2 407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,38 %	50,65 %	7,04 %	17,65 %
Debt-to-Equity Ratio	0,54	0,93	1,44	0,2
Operating Profit Margin	20,63 %	20,3 %	3,51 %	6,27 %
Current Ratio	2,98	3,12	5,22	2,91
Quick Ratio	−3,16	−5,01	−2,64	−6,99
Equity Ratio	0,44	0,36	0,33	0,55
Gross Profit Margin	66,04 %	61,93 %	56,17 %	65,3 %