SMART PATENTS AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

−15,21 %

Current Ratio

0,14

Debt-to-Equity Ratio

3,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−94 000	−150 000	−241 000	−124 000
Total Assets	3 572 000	3 463 000	2 900 000	2 653 000
Total Equity	618 000	712 000	−138 000	−120 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	86 000	154 000	245 000	122 000
Operating Profit	−86 000	−154 000	−245 000	−122 000
Financial Income	2 000	4 000	4 000	0
Financial Costs	10 000	0	0	2 000
Financial Balance	−8 000	4 000	4 000	−2 000
Earnings Before Tax	−94 000	−150 000	−241 000	−124 000
Tax	0	0	0	0
Net Income	−94 000	−150 000	−241 000	−124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 481 000	2 909 000	2 598 000	2 276 000
Total Current Assets	91 000	555 000	301 000	377 000
Total Assets	3 572 000	3 463 000	2 900 000	2 653 000
Total Retained Equity	−2 240 000	−2 146 000	−1 996 000	−302 000
Total Equity	618 000	712 000	−138 000	−120 000
Total Long-Term Debt	2 291 000	2 746 000	2 746 000	2 596 000
Total Current Debt	663 000	5 000	292 000	177 000
Total Equity and Debt	3 572 000	3 463 000	2 900 000	2 653 000

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	86 000	154 000	245 000	122 000
Operating Profit	−86 000	−154 000	−245 000	−122 000
Financial Income	2 000	4 000	4 000	0
Financial Costs	10 000	0	0	2 000
Financial Balance	−8 000	4 000	4 000	−2 000
Dividends	0	0	0	0
Net Income	−94 000	−150 000	−241 000	−124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 481 000	2 909 000	2 598 000	2 276 000
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	0	0	0	0
Total Fixed Assets	3 481 000	2 909 000	2 598 000	2 276 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	78 000	407 000	200 000	17 000
Total Current Assets	91 000	555 000	301 000	377 000
Total Assets	3 572 000	3 463 000	2 900 000	2 653 000
Total Equity	618 000	712 000	−138 000	−120 000
Short-Term Group Debt	652 000	0	0	122 000
Total Long-Term Debt	2 291 000	2 746 000	2 746 000	2 596 000
Creditors	5 000	4 000	11 000	55 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	1 000	281 000	0
Total Current Debt	663 000	5 000	292 000	177 000
Total Equity and Debt	3 572 000	3 463 000	2 900 000	2 653 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,21 %	−21,07 %	174,64 %	103,33 %
Debt-to-Equity Ratio	3,71	3,86	−19,9	−21,63
Operating Profit Margin	-	-	-	-
Current Ratio	0,14	111	1,03	2,13
Quick Ratio	0,14	111	1,03	2,13
Equity Ratio	0,17	0,21	−0,05	−0,05
Gross Profit Margin	-	-	-	-