SMART PATENTS HOLDING AS

1338 SANDVIKA

Finances

Return on Equity

103,39 %

Current Ratio

227

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	916 000	−57 000	−72 000	−32 000
Total Assets	889 000	234 000	247 000	246 000
Total Equity	886 000	−30 000	27 000	99 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	73 000	53 000	68 000	31 000
Operating Profit	−73 000	−53 000	−68 000	−31 000
Financial Income	1 490 000	0	0	0
Financial Costs	502 000	4 000	4 000	0
Financial Balance	988 000	−4 000	−4 000	0
Earnings Before Tax	916 000	−57 000	−72 000	−32 000
Tax	0	0	0	0
Net Income	916 000	−57 000	−72 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	208 000	227 000	227 000	227 000
Total Current Assets	681 000	6 000	20 000	19 000
Total Assets	889 000	234 000	247 000	246 000
Total Retained Equity	684 000	−232 000	−175 000	−103 000
Total Equity	886 000	−30 000	27 000	99 000
Total Long-Term Debt	0	110 000	110 000	110 000
Total Current Debt	3 000	154 000	110 000	37 000
Total Equity and Debt	889 000	234 000	247 000	246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	73 000	53 000	68 000	31 000
Operating Profit	−73 000	−53 000	−68 000	−31 000
Financial Income	1 490 000	0	0	0
Financial Costs	502 000	4 000	4 000	0
Financial Balance	988 000	−4 000	−4 000	0
Dividends	0	0	0	0
Net Income	916 000	−57 000	−72 000	−32 000

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	208 000	227 000	227 000	227 000
Total Fixed Assets	208 000	227 000	227 000	227 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	6 000	20 000	19 000
Total Current Assets	681 000	6 000	20 000	19 000
Total Assets	889 000	234 000	247 000	246 000
Total Equity	886 000	−30 000	27 000	99 000
Short-Term Group Debt	0	139 000	99 000	35 000
Total Long-Term Debt	0	110 000	110 000	110 000
Creditors	3 000	15 000	11 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	3 000	154 000	110 000	37 000
Total Equity and Debt	889 000	234 000	247 000	246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,39 %	190 %	−266,67 %	−32,32 %
Debt-to-Equity Ratio	0	−3,67	4,07	1,11
Operating Profit Margin	-	-	-	-
Current Ratio	227	0,04	0,18	0,51
Quick Ratio	227	0,04	0,18	0,51
Equity Ratio	1	−0,13	0,11	0,4
Gross Profit Margin	-	-	-	-