SMARTBAR AS

0579 OSLO

Finances

Share Ownership

Return on Equity

2,54 %

Current Ratio

3,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 328 000	2 270 000	1 195 000	3 110 000
Net Income	66 000	35 000	−363 000	26 000
Total Assets	3 766 000	3 123 000	3 002 000	3 925 000
Total Equity	2 599 000	2 618 000	2 583 000	2 946 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 328 000	2 270 000	1 195 000	3 110 000
Expenditure	4 491 000	2 323 000	1 658 000	3 072 000
Operating Profit	87 000	46 000	−462 000	39 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	2 000	2 000	6 000
Financial Balance	−2 000	−2 000	−2 000	−5 000
Earnings Before Tax	84 000	45 000	−464 000	34 000
Tax	19 000	10 000	−101 000	8 000
Net Income	66 000	35 000	−363 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	228 000	247 000	331 000	250 000
Total Current Assets	3 538 000	2 876 000	2 671 000	3 675 000
Total Assets	3 766 000	3 123 000	3 002 000	3 925 000
Total Retained Equity	2 296 000	2 315 000	2 280 000	2 643 000
Total Equity	2 599 000	2 618 000	2 583 000	2 946 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 167 000	505 000	419 000	980 000
Total Equity and Debt	3 766 000	3 123 000	3 002 000	3 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 328 000	1 956 000	1 127 000	3 110 000
Other Income	0	314 000	69 000	0
Revenue	4 328 000	2 270 000	1 195 000	3 110 000
Cost of Goods Sold	1 779 000	696 000	471 000	1 071 000
Salary Costs	1 390 000	767 000	370 000	1 002 000
Depreciation	0	10 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	4 491 000	2 323 000	1 658 000	3 072 000
Operating Profit	87 000	46 000	−462 000	39 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	2 000	2 000	6 000
Financial Balance	−2 000	−2 000	−2 000	−5 000
Dividends	0	0	0	0
Net Income	66 000	35 000	−363 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	228 000	247 000	257 000	155 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	75 000	95 000
Total Tangible Assets	0	0	75 000	95 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	228 000	247 000	331 000	250 000
Stock	492 000	439 000	605 000	673 000
Total Investments	0	0	0	0
Cash, Bank	773 000	812 000	1 258 000	1 181 000
Total Current Assets	3 538 000	2 876 000	2 671 000	3 675 000
Total Assets	3 766 000	3 123 000	3 002 000	3 925 000
Total Equity	2 599 000	2 618 000	2 583 000	2 946 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	385 000	55 000	14 000	182 000
Unpaid Taxes	414 000	135 000	16 000	241 000
Dividends	0	0	0	0
Other Current Debt	368 000	315 000	389 000	557 000
Total Current Debt	1 167 000	505 000	419 000	980 000
Total Equity and Debt	3 766 000	3 123 000	3 002 000	3 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,54 %	1,34 %	−14,05 %	0,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,01 %	2,03 %	−38,66 %	1,25 %
Current Ratio	3,03	5,7	6,37	3,75
Quick Ratio	5,24	43,58	−14,36	11,97
Equity Ratio	0,69	0,84	0,86	0,75
Gross Profit Margin	58,9 %	69,34 %	60,59 %	65,56 %