SMART GLASS AS

4706 VENNESLA

Finances

Share Ownership

Return on Equity

−1 076 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 721 000	2 603 000	2 151 000	3 981 000
Net Income	−269 000	182 000	−73 000	−227 000
Total Assets	1 386 000	1 208 000	617 000	724 000
Total Equity	25 000	294 000	112 000	185 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 721 000	2 603 000	2 151 000	3 981 000
Expenditure	3 992 000	2 404 000	2 177 000	4 159 000
Operating Profit	−272 000	199 000	−28 000	−179 000
Financial Income	−6 000	3 000	6 000	4 000
Financial Costs	−8 000	20 000	51 000	52 000
Financial Balance	2 000	−17 000	−45 000	−48 000
Earnings Before Tax	−269 000	182 000	−73 000	−227 000
Tax	0	0	0	0
Net Income	−269 000	182 000	−73 000	−227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	18 000	18 000	21 000
Total Current Assets	1 368 000	1 190 000	599 000	702 000
Total Assets	1 386 000	1 208 000	617 000	724 000
Total Retained Equity	−1 347 000	−1 078 000	−1 260 000	−1 187 000
Total Equity	25 000	294 000	112 000	185 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 361 000	914 000	505 000	539 000
Total Equity and Debt	1 386 000	1 208 000	617 000	724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 721 000	2 603 000	2 151 000	3 981 000
Other Income	0	0	0	0
Revenue	3 721 000	2 603 000	2 151 000	3 981 000
Cost of Goods Sold	2 171 000	1 475 000	1 330 000	2 731 000
Salary Costs	1 393 000	589 000	536 000	1 012 000
Depreciation	0	0	3 000	8 000
Impairment	0	0	0	0
Expenditure	3 992 000	2 404 000	2 177 000	4 159 000
Operating Profit	−272 000	199 000	−28 000	−179 000
Financial Income	−6 000	3 000	6 000	4 000
Financial Costs	−8 000	20 000	51 000	52 000
Financial Balance	2 000	−17 000	−45 000	−48 000
Dividends	0	0	0	0
Net Income	−269 000	182 000	−73 000	−227 000

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	0	0	0	0
Fixtures	0	0	0	3 000
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	18 000	18 000	18 000	18 000
Total Fixed Assets	18 000	18 000	18 000	21 000
Stock	33 000	101 000	101 000	60 000
Total Investments	0	0	0	0
Cash, Bank	1 053 000	584 000	281 000	213 000
Total Current Assets	1 368 000	1 190 000	599 000	702 000
Total Assets	1 386 000	1 208 000	617 000	724 000
Total Equity	25 000	294 000	112 000	185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	984 000	515 000	427 000	252 000
Unpaid Taxes	252 000	166 000	40 000	195 000
Dividends	0	0	0	0
Other Current Debt	125 000	233 000	39 000	93 000
Total Current Debt	1 361 000	914 000	505 000	539 000
Total Equity and Debt	1 386 000	1 208 000	617 000	724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 076 %	61,9 %	−65,18 %	−122,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,31 %	7,65 %	−1,3 %	−4,5 %
Current Ratio	1,01	1,3	1,19	1,3
Quick Ratio	1,03	1,46	1,48	1,47
Equity Ratio	0,02	0,24	0,18	0,26
Gross Profit Margin	41,66 %	43,33 %	38,17 %	31,4 %