SMARTSAIL AS

1346 GJETTUM

Finances

Return on Equity

6,25 %

Current Ratio

0,12

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	159 000	129 000	145 000	77 000
Net Income	−4 000	0	14 000	−29 000
Total Assets	77 000	18 000	21 000	12 000
Total Equity	−64 000	−60 000	−60 000	−75 000

Income (NOK)	2022	2021	2020	2019
Revenue	159 000	129 000	145 000	77 000
Expenditure	163 000	129 000	127 000	106 000
Operating Profit	−4 000	0	19 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−4 000	0	19 000	−29 000
Tax	0	0	4 000	0
Net Income	−4 000	0	14 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	1 000	1 000	1 000
Total Current Assets	17 000	18 000	21 000	11 000
Total Assets	77 000	18 000	21 000	12 000
Total Retained Equity	−169 000	−165 000	−165 000	−180 000
Total Equity	−64 000	−60 000	−60 000	−75 000
Total Long-Term Debt	0	−15 000	−15 000	−15 000
Total Current Debt	141 000	93 000	97 000	101 000
Total Equity and Debt	77 000	18 000	21 000	12 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	159 000	129 000	145 000	77 000
Other Income	0	0	0	0
Revenue	159 000	129 000	145 000	77 000
Cost of Goods Sold	29 000	41 000	27 000	49 000
Salary Costs	0	0	19 000	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	163 000	129 000	127 000	106 000
Operating Profit	−4 000	0	19 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−4 000	0	14 000	−29 000

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	30 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	30 000	0	0	0
Total Fiancial Fixed Assets	30 000	1 000	1 000	1 000
Total Fixed Assets	60 000	1 000	1 000	1 000
Stock	3 000	3 000	0	0
Total Investments	0	0	0	0
Cash, Bank	0	2 000	10 000	1 000
Total Current Assets	17 000	18 000	21 000	11 000
Total Assets	77 000	18 000	21 000	12 000
Total Equity	−64 000	−60 000	−60 000	−75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−15 000	−15 000	−15 000
Creditors	3 000	3 000	2 000	6 000
Unpaid Taxes	4 000	6 000	15 000	−2 000
Dividends	0	0	0	0
Other Current Debt	102 000	53 000	48 000	70 000
Total Current Debt	141 000	93 000	97 000	101 000
Total Equity and Debt	77 000	18 000	21 000	12 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,25 %	−0 %	−23,33 %	38,67 %
Debt-to-Equity Ratio	−0	0,25	0,25	0,2
Operating Profit Margin	−2,52 %	0 %	13,1 %	−37,66 %
Current Ratio	0,12	0,19	0,22	0,11
Quick Ratio	0,12	0,2	0,22	0,11
Equity Ratio	−0,83	−3,33	−2,86	−6,25
Gross Profit Margin	81,76 %	68,22 %	81,38 %	36,36 %