SMARTVENT AS

4760 BIRKELAND

Finances

Share Ownership

Return on Equity

−66,67 %

Current Ratio

0,94

Debt-to-Equity Ratio

−1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 924 000	3 711 000	2 483 000	2 822 000
Net Income	38 000	−31 000	−43 000	−65 000
Total Assets	1 305 000	563 000	344 000	179 000
Total Equity	−57 000	−95 000	−64 000	−22 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 924 000	3 711 000	2 483 000	2 822 000
Expenditure	3 861 000	3 739 000	2 529 000	2 908 000
Operating Profit	62 000	−28 000	−46 000	−86 000
Financial Income	0	0	0	2 000
Financial Costs	14 000	11 000	9 000	0
Financial Balance	−14 000	−11 000	−9 000	2 000
Earnings Before Tax	48 000	−39 000	−55 000	−84 000
Tax	11 000	−9 000	−12 000	−18 000
Net Income	38 000	−31 000	−43 000	−65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	174 000	209 000	41 000
Total Current Assets	1 184 000	389 000	135 000	139 000
Total Assets	1 305 000	563 000	344 000	179 000
Total Retained Equity	−87 000	−125 000	−94 000	−52 000
Total Equity	−57 000	−95 000	−64 000	−22 000
Total Long-Term Debt	100 000	143 000	181 000	0
Total Current Debt	1 262 000	514 000	228 000	201 000
Total Equity and Debt	1 305 000	563 000	344 000	179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 924 000	3 711 000	2 483 000	2 822 000
Other Income	0	0	0	0
Revenue	3 924 000	3 711 000	2 483 000	2 822 000
Cost of Goods Sold	1 805 000	1 882 000	1 460 000	1 560 000
Salary Costs	1 474 000	1 365 000	640 000	872 000
Depreciation	41 000	44 000	43 000	14 000
Impairment	0	0	0	0
Expenditure	3 861 000	3 739 000	2 529 000	2 908 000
Operating Profit	62 000	−28 000	−46 000	−86 000
Financial Income	0	0	0	2 000
Financial Costs	14 000	11 000	9 000	0
Financial Balance	−14 000	−11 000	−9 000	2 000
Dividends	0	0	0	0
Net Income	38 000	−31 000	−43 000	−65 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	40 000	31 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	92 000	134 000	178 000	21 000
Total Tangible Assets	92 000	134 000	178 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	122 000	174 000	209 000	41 000
Stock	560 000	152 000	0	0
Total Investments	0	0	0	0
Cash, Bank	500 000	91 000	82 000	−29 000
Total Current Assets	1 184 000	389 000	135 000	139 000
Total Assets	1 305 000	563 000	344 000	179 000
Total Equity	−57 000	−95 000	−64 000	−22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	143 000	181 000	0
Creditors	14 000	165 000	95 000	28 000
Unpaid Taxes	148 000	202 000	63 000	70 000
Dividends	0	0	0	0
Other Current Debt	1 101 000	147 000	70 000	103 000
Total Current Debt	1 262 000	514 000	228 000	201 000
Total Equity and Debt	1 305 000	563 000	344 000	179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−66,67 %	32,63 %	67,19 %	295,45 %
Debt-to-Equity Ratio	−1,75	−1,51	−2,83	−0
Operating Profit Margin	1,58 %	−0,75 %	−1,85 %	−3,05 %
Current Ratio	0,94	0,76	0,59	0,69
Quick Ratio	1,69	1,07	0,59	0,69
Equity Ratio	−0,04	−0,17	−0,19	−0,12
Gross Profit Margin	54 %	49,29 %	41,2 %	44,72 %