SMELTEHUSET AS

5750 ODDA

Finances

Return on Equity

−78,43 %

Current Ratio

0,65

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	18 066 000	17 024 000	23 220 000	22 850 000
Net Income	360 000	0	657 000	−660 000
Total Assets	3 039 000	2 642 000	2 736 000	1 933 000
Total Equity	−459 000	−819 000	−819 000	−1 476 000

Income (NOK)	2021	2020	2019	2018
Revenue	18 066 000	17 024 000	23 220 000	22 850 000
Expenditure	17 539 000	16 931 000	22 437 000	23 487 000
Operating Profit	528 000	92 000	784 000	−639 000
Financial Income	0	1 000	0	0
Financial Costs	22 000	77 000	34 000	21 000
Financial Balance	−22 000	−76 000	−34 000	−21 000
Earnings Before Tax	506 000	16 000	751 000	−660 000
Tax	146 000	16 000	93 000	0
Net Income	360 000	0	657 000	−660 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	767 000	516 000	697 000	269 000
Total Current Assets	2 272 000	2 126 000	2 039 000	1 664 000
Total Assets	3 039 000	2 642 000	2 736 000	1 933 000
Total Retained Equity	−659 000	−1 019 000	−1 019 000	−1 676 000
Total Equity	−459 000	−819 000	−819 000	−1 476 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 498 000	3 461 000	3 555 000	3 408 000
Total Equity and Debt	3 039 000	2 642 000	2 736 000	1 933 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	16 118 000	16 625 000	23 200 000	22 839 000
Other Income	1 949 000	399 000	21 000	11 000
Revenue	18 066 000	17 024 000	23 220 000	22 850 000
Cost of Goods Sold	5 298 000	5 668 000	6 866 000	7 450 000
Salary Costs	7 669 000	7 266 000	9 949 000	9 721 000
Depreciation	274 000	195 000	154 000	59 000
Impairment	0	0	0	0
Expenditure	17 539 000	16 931 000	22 437 000	23 487 000
Operating Profit	528 000	92 000	784 000	−639 000
Financial Income	0	1 000	0	0
Financial Costs	22 000	77 000	34 000	21 000
Financial Balance	−22 000	−76 000	−34 000	−21 000
Dividends	0	0	0	0
Net Income	360 000	0	657 000	−660 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	130 000	0	0	0
Fixtures	600 000	479 000	674 000	246 000
Total Tangible Assets	730 000	479 000	674 000	246 000
Total Fiancial Fixed Assets	37 000	37 000	23 000	23 000
Total Fixed Assets	767 000	516 000	697 000	269 000
Stock	168 000	282 000	483 000	495 000
Total Investments	0	0	0	0
Cash, Bank	269 000	187 000	388 000	289 000
Total Current Assets	2 272 000	2 126 000	2 039 000	1 664 000
Total Assets	3 039 000	2 642 000	2 736 000	1 933 000
Total Equity	−459 000	−819 000	−819 000	−1 476 000
Short-Term Group Debt	1 000	44 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	844 000	1 191 000	1 326 000	0
Unpaid Taxes	1 117 000	1 221 000	724 000	0
Dividends	0	0	0	0
Other Current Debt	921 000	755 000	1 117 000	0
Total Current Debt	3 498 000	3 461 000	3 555 000	3 408 000
Total Equity and Debt	3 039 000	2 642 000	2 736 000	1 933 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−78,43 %	−0 %	−80,22 %	44,72 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	2,92 %	0,54 %	3,38 %	−2,8 %
Current Ratio	0,65	0,61	0,57	0,49
Quick Ratio	0,68	0,67	0,66	0,57
Equity Ratio	−0,15	−0,31	−0,3	−0,76
Gross Profit Margin	70,67 %	66,71 %	70,43 %	67,4 %