SMARTADS AS

0276 OSLO

Finances

Share Ownership

Return on Equity

158,8 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 488 000	17 287 000	17 379 000	14 976 000
Net Income	6 217 000	5 903 000	5 589 000	−574 000
Total Assets	14 195 000	13 227 000	12 099 000	6 426 000
Total Equity	3 915 000	4 687 000	4 684 000	4 094 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 488 000	17 287 000	17 379 000	14 976 000
Expenditure	13 647 000	9 650 000	10 185 000	15 689 000
Operating Profit	7 841 000	7 637 000	7 194 000	−713 000
Financial Income	269 000	19 000	58 000	32 000
Financial Costs	139 000	88 000	86 000	55 000
Financial Balance	130 000	−69 000	−28 000	−23 000
Earnings Before Tax	7 971 000	7 568 000	7 165 000	−736 000
Tax	1 754 000	1 665 000	1 576 000	−162 000
Net Income	6 217 000	5 903 000	5 589 000	−574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 665 000	1 665 000	1 665 000	1 665 000
Total Current Assets	12 530 000	11 562 000	10 434 000	4 761 000
Total Assets	14 195 000	13 227 000	12 099 000	6 426 000
Total Retained Equity	0	772 000	768 000	179 000
Total Equity	3 915 000	4 687 000	4 684 000	4 094 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 279 000	8 540 000	7 416 000	2 331 000
Total Equity and Debt	14 195 000	13 227 000	12 099 000	6 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 488 000	17 287 000	17 379 000	14 976 000
Other Income	0	0	0	0
Revenue	21 488 000	17 287 000	17 379 000	14 976 000
Cost of Goods Sold	11 771 000	8 201 000	8 648 000	14 270 000
Salary Costs	1 814 000	1 380 000	1 480 000	1 366 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 647 000	9 650 000	10 185 000	15 689 000
Operating Profit	7 841 000	7 637 000	7 194 000	−713 000
Financial Income	269 000	19 000	58 000	32 000
Financial Costs	139 000	88 000	86 000	55 000
Financial Balance	130 000	−69 000	−28 000	−23 000
Dividends	6 989 000	5 900 000	5 000 000	0
Net Income	6 217 000	5 903 000	5 589 000	−574 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 665 000	1 665 000	1 665 000	1 665 000
Total Fixed Assets	1 665 000	1 665 000	1 665 000	1 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 975 000	2 335 000	1 944 000	3 383 000
Total Current Assets	12 530 000	11 562 000	10 434 000	4 761 000
Total Assets	14 195 000	13 227 000	12 099 000	6 426 000
Total Equity	3 915 000	4 687 000	4 684 000	4 094 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 147 000	690 000	555 000	1 484 000
Unpaid Taxes	58 000	35 000	35 000	45 000
Dividends	6 989 000	5 900 000	5 000 000	0
Other Current Debt	332 000	250 000	249 000	803 000
Total Current Debt	10 279 000	8 540 000	7 416 000	2 331 000
Total Equity and Debt	14 195 000	13 227 000	12 099 000	6 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	158,8 %	125,94 %	119,32 %	−14,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	36,49 %	44,18 %	41,39 %	−4,76 %
Current Ratio	1,22	1,35	1,41	2,04
Quick Ratio	1,22	1,35	1,41	2,04
Equity Ratio	0,28	0,35	0,39	0,64
Gross Profit Margin	45,22 %	52,56 %	50,24 %	4,71 %