SMARTINVEST NORGE AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

28,96 %

Current Ratio

0,94

Debt-to-Equity Ratio

14,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 952 000	2 269 000	1 942 000	2 327 000
Net Income	362 000	545 000	498 000	542 000
Total Assets	21 778 000	15 700 000	11 949 000	12 555 000
Total Equity	1 250 000	1 169 000	920 000	875 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 952 000	2 269 000	1 942 000	2 327 000
Expenditure	1 788 000	1 133 000	900 000	1 173 000
Operating Profit	1 165 000	1 136 000	1 042 000	1 154 000
Financial Income	2 000	0	0	0
Financial Costs	703 000	437 000	404 000	460 000
Financial Balance	−701 000	−437 000	−404 000	−460 000
Earnings Before Tax	464 000	699 000	638 000	694 000
Tax	102 000	154 000	140 000	153 000
Net Income	362 000	545 000	498 000	542 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 932 000	15 421 000	11 653 000	12 359 000
Total Current Assets	1 846 000	280 000	296 000	197 000
Total Assets	21 778 000	15 700 000	11 949 000	12 555 000
Total Retained Equity	862 000	781 000	532 000	487 000
Total Equity	1 250 000	1 169 000	920 000	875 000
Total Long-Term Debt	18 565 000	13 005 000	9 976 000	11 038 000
Total Current Debt	1 963 000	1 526 000	1 053 000	643 000
Total Equity and Debt	21 778 000	15 700 000	11 949 000	12 555 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 986 000	2 279 000	0	0
Other Income	−33 000	−9 000	1 942 000	2 327 000
Revenue	2 952 000	2 269 000	1 942 000	2 327 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	34 000	29 000	42 000	49 000
Impairment	0	0	0	0
Expenditure	1 788 000	1 133 000	900 000	1 173 000
Operating Profit	1 165 000	1 136 000	1 042 000	1 154 000
Financial Income	2 000	0	0	0
Financial Costs	703 000	437 000	404 000	460 000
Financial Balance	−701 000	−437 000	−404 000	−460 000
Dividends	0	0	0	0
Net Income	362 000	545 000	498 000	542 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	80 000	79 000	77 000
Real Eastate	19 522 000	15 340 000	11 563 000	12 247 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	352 000	0	11 000	35 000
Total Tangible Assets	19 873 000	15 341 000	11 574 000	12 282 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 932 000	15 421 000	11 653 000	12 359 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 669 000	77 000	188 000	70 000
Total Current Assets	1 846 000	280 000	296 000	197 000
Total Assets	21 778 000	15 700 000	11 949 000	12 555 000
Total Equity	1 250 000	1 169 000	920 000	875 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 565 000	13 005 000	9 976 000	11 038 000
Creditors	157 000	108 000	5 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 805 000	1 347 000	983 000	572 000
Total Current Debt	1 963 000	1 526 000	1 053 000	643 000
Total Equity and Debt	21 778 000	15 700 000	11 949 000	12 555 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,96 %	46,62 %	54,13 %	61,94 %
Debt-to-Equity Ratio	14,85	11,12	10,84	12,61
Operating Profit Margin	39,46 %	50,07 %	53,66 %	49,59 %
Current Ratio	0,94	0,18	0,28	0,31
Quick Ratio	0,94	0,18	0,28	0,31
Equity Ratio	0,06	0,07	0,08	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %