SMARTSTRØM AS

3420 LIERSKOGEN

Finances

Share Ownership

Return on Equity

4,64 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 578 000	20 192 000	25 720 000	22 758 000
Net Income	125 000	1 712 000	−892 000	1 045 000
Total Assets	9 012 000	9 708 000	7 964 000	9 035 000
Total Equity	2 695 000	3 570 000	2 858 000	4 150 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 578 000	20 192 000	25 720 000	22 758 000
Expenditure	20 360 000	17 936 000	26 814 000	21 483 000
Operating Profit	219 000	2 256 000	−1 094 000	1 275 000
Financial Income	12 000	3 000	17 000	44 000
Financial Costs	69 000	64 000	67 000	8 000
Financial Balance	−57 000	−61 000	−50 000	36 000
Earnings Before Tax	161 000	2 195 000	−1 144 000	1 311 000
Tax	37 000	483 000	−251 000	265 000
Net Income	125 000	1 712 000	−892 000	1 045 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 964 000	1 980 000	1 788 000	587 000
Total Current Assets	7 048 000	7 728 000	6 176 000	8 448 000
Total Assets	9 012 000	9 708 000	7 964 000	9 035 000
Total Retained Equity	2 595 000	3 470 000	2 758 000	4 050 000
Total Equity	2 695 000	3 570 000	2 858 000	4 150 000
Total Long-Term Debt	1 013 000	917 000	1 270 000	8 000
Total Current Debt	5 304 000	5 220 000	3 837 000	4 877 000
Total Equity and Debt	9 012 000	9 708 000	7 964 000	9 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 549 000	20 192 000	25 720 000	22 758 000
Other Income	29 000	0	0	0
Revenue	20 578 000	20 192 000	25 720 000	22 758 000
Cost of Goods Sold	7 300 000	7 102 000	14 549 000	9 937 000
Salary Costs	9 588 000	8 004 000	8 455 000	8 420 000
Depreciation	607 000	520 000	330 000	110 000
Impairment	0	0	0	0
Expenditure	20 360 000	17 936 000	26 814 000	21 483 000
Operating Profit	219 000	2 256 000	−1 094 000	1 275 000
Financial Income	12 000	3 000	17 000	44 000
Financial Costs	69 000	64 000	67 000	8 000
Financial Balance	−57 000	−61 000	−50 000	36 000
Dividends	1 000 000	1 000 000	0	0
Net Income	125 000	1 712 000	−892 000	1 045 000

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	1 550 000	1 371 000	1 017 000	0
Fixtures	414 000	609 000	771 000	587 000
Total Tangible Assets	1 964 000	1 980 000	1 788 000	587 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 964 000	1 980 000	1 788 000	587 000
Stock	497 000	535 000	467 000	321 000
Total Investments	0	0	0	0
Cash, Bank	928 000	2 557 000	1 748 000	2 796 000
Total Current Assets	7 048 000	7 728 000	6 176 000	8 448 000
Total Assets	9 012 000	9 708 000	7 964 000	9 035 000
Total Equity	2 695 000	3 570 000	2 858 000	4 150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 013 000	917 000	1 270 000	8 000
Creditors	775 000	755 000	878 000	1 441 000
Unpaid Taxes	1 634 000	1 460 000	1 227 000	1 041 000
Dividends	1 000 000	1 000 000	0	0
Other Current Debt	1 840 000	1 587 000	1 732 000	2 137 000
Total Current Debt	5 304 000	5 220 000	3 837 000	4 877 000
Total Equity and Debt	9 012 000	9 708 000	7 964 000	9 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,64 %	47,96 %	−31,21 %	25,18 %
Debt-to-Equity Ratio	0,38	0,26	0,44	0
Operating Profit Margin	1,06 %	11,17 %	−4,25 %	5,6 %
Current Ratio	1,33	1,48	1,61	1,73
Quick Ratio	1,47	1,65	1,83	1,85
Equity Ratio	0,3	0,37	0,36	0,46
Gross Profit Margin	64,53 %	64,83 %	43,43 %	56,34 %