SMART CROWDING AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

−22,19 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	583 000	207 000	212 000	280 000
Net Income	−1 985 000	−3 835 000	−1 074 000	−33 000
Total Assets	10 500 000	11 616 000	3 713 000	2 598 000
Total Equity	8 945 000	10 600 000	2 151 000	1 926 000

Income (NOK)	2022	2021	2020	2019
Revenue	583 000	207 000	212 000	280 000
Expenditure	2 456 000	3 447 000	1 282 000	336 000
Operating Profit	−1 874 000	−3 241 000	−1 070 000	−55 000
Financial Income	1 000	3 000	0	23 000
Financial Costs	112 000	598 000	4 000	1 000
Financial Balance	−111 000	−595 000	−4 000	22 000
Earnings Before Tax	−1 985 000	−3 835 000	−1 074 000	−33 000
Tax	0	0	0	0
Net Income	−1 985 000	−3 835 000	−1 074 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 167 000	4 144 000	2 260 000	2 241 000
Total Current Assets	2 333 000	7 472 000	1 452 000	358 000
Total Assets	10 500 000	11 616 000	3 713 000	2 598 000
Total Retained Equity	0	−6 366 000	0	0
Total Equity	8 945 000	10 600 000	2 151 000	1 926 000
Total Long-Term Debt	0	0	240 000	0
Total Current Debt	1 555 000	1 016 000	1 321 000	673 000
Total Equity and Debt	10 500 000	11 616 000	3 713 000	2 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	583 000	207 000	212 000	280 000
Other Income	0	0	0	0
Revenue	583 000	207 000	212 000	280 000
Cost of Goods Sold	141 000	139 000	125 000	156 000
Salary Costs	363 000	1 367 000	408 000	0
Depreciation	482 000	469 000	9 000	4 000
Impairment	0	0	0	0
Expenditure	2 456 000	3 447 000	1 282 000	336 000
Operating Profit	−1 874 000	−3 241 000	−1 070 000	−55 000
Financial Income	1 000	3 000	0	23 000
Financial Costs	112 000	598 000	4 000	1 000
Financial Balance	−111 000	−595 000	−4 000	22 000
Dividends	0	0	0	0
Net Income	−1 985 000	−3 835 000	−1 074 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 150 000	4 109 000	2 260 000	2 241 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	35 000	0	0
Total Tangible Assets	17 000	35 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 167 000	4 144 000	2 260 000	2 241 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 457 000	6 536 000	1 267 000	3 000
Total Current Assets	2 333 000	7 472 000	1 452 000	358 000
Total Assets	10 500 000	11 616 000	3 713 000	2 598 000
Total Equity	8 945 000	10 600 000	2 151 000	1 926 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	240 000	0
Creditors	715 000	677 000	772 000	366 000
Unpaid Taxes	1 000	145 000	0	23 000
Dividends	0	0	0	0
Other Current Debt	752 000	192 000	55 000	284 000
Total Current Debt	1 555 000	1 016 000	1 321 000	673 000
Total Equity and Debt	10 500 000	11 616 000	3 713 000	2 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,19 %	−36,18 %	−49,93 %	−1,71 %
Debt-to-Equity Ratio	0	0	0,11	0
Operating Profit Margin	−321,44 %	−1 565,7 %	−504,72 %	−19,64 %
Current Ratio	1,5	7,35	1,1	0,53
Quick Ratio	1,5	7,35	1,1	0,53
Equity Ratio	0,85	0,91	0,58	0,74
Gross Profit Margin	75,81 %	32,85 %	41,04 %	44,29 %