SMAK NORDNORSK MATFESTIVAL AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

175 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 432 000	730 000	1 644 000	2 679 000
Net Income	203 000	−96 000	72 000	−249 000
Total Assets	592 000	342 000	559 000	57 000
Total Equity	116 000	−169 000	−74 000	−294 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 432 000	730 000	1 644 000	2 679 000
Expenditure	2 227 000	817 000	1 569 000	2 927 000
Operating Profit	206 000	−87 000	75 000	−248 000
Financial Income	0	0	0	0
Financial Costs	3 000	9 000	3 000	1 000
Financial Balance	−3 000	−9 000	−3 000	−1 000
Earnings Before Tax	203 000	−96 000	72 000	−249 000
Tax	0	0	0	0
Net Income	203 000	−96 000	72 000	−249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	66 000	73 000	0
Total Current Assets	533 000	277 000	485 000	57 000
Total Assets	592 000	342 000	559 000	57 000
Total Retained Equity	−29 000	−314 000	−219 000	−439 000
Total Equity	116 000	−169 000	−74 000	−294 000
Total Long-Term Debt	0	83 000	83 000	83 000
Total Current Debt	475 000	429 000	549 000	268 000
Total Equity and Debt	592 000	342 000	559 000	57 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	626 000	0	139 000	1 159 000
Other Income	1 806 000	730 000	1 505 000	1 521 000
Revenue	2 432 000	730 000	1 644 000	2 679 000
Cost of Goods Sold	857 000	3 000	442 000	1 759 000
Salary Costs	0	0	2 000	0
Depreciation	8 000	8 000	2 000	0
Impairment	0	0	0	0
Expenditure	2 227 000	817 000	1 569 000	2 927 000
Operating Profit	206 000	−87 000	75 000	−248 000
Financial Income	0	0	0	0
Financial Costs	3 000	9 000	3 000	1 000
Financial Balance	−3 000	−9 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	203 000	−96 000	72 000	−249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	66 000	73 000	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	0	0
Total Fixed Assets	58 000	66 000	73 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	178 000	64 000	12 000
Total Current Assets	533 000	277 000	485 000	57 000
Total Assets	592 000	342 000	559 000	57 000
Total Equity	116 000	−169 000	−74 000	−294 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	83 000	83 000	83 000
Creditors	475 000	51 000	534 000	268 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	378 000	15 000	0
Total Current Debt	475 000	429 000	549 000	268 000
Total Equity and Debt	592 000	342 000	559 000	57 000

Financial indicators	2022	2021	2020	2019
Return on Equity	175 %	56,8 %	−97,3 %	84,69 %
Debt-to-Equity Ratio	0	−0,49	−1,12	−0,28
Operating Profit Margin	8,47 %	−11,92 %	4,56 %	−9,26 %
Current Ratio	1,12	0,65	0,88	0,21
Quick Ratio	1,12	0,65	0,88	0,21
Equity Ratio	0,2	−0,49	−0,13	−5,16
Gross Profit Margin	64,76 %	99,59 %	73,11 %	34,34 %