SMART-CON AS

4700 VENNESLA

Finances

Return on Equity

154,28 %

Current Ratio

0,33

Debt-to-Equity Ratio

2,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 431 000	1 604 000	1 126 000	1 985 000
Net Income	415 000	42 000	64 000	−509 000
Total Assets	3 114 000	2 630 000	2 544 000	2 472 000
Total Equity	269 000	−146 000	−188 000	−91 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 431 000	1 604 000	1 126 000	1 985 000
Expenditure	1 866 000	1 562 000	1 018 000	1 733 000
Operating Profit	564 000	42 000	108 000	252 000
Financial Income	0	24 000	0	0
Financial Costs	32 000	12 000	26 000	714 000
Financial Balance	−32 000	12 000	−26 000	−714 000
Earnings Before Tax	533 000	54 000	82 000	−462 000
Tax	117 000	12 000	18 000	46 000
Net Income	415 000	42 000	64 000	−509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 411 000	2 305 000	2 347 000	1 716 000
Total Current Assets	702 000	325 000	198 000	757 000
Total Assets	3 114 000	2 630 000	2 544 000	2 472 000
Total Retained Equity	119 000	−296 000	−338 000	−121 000
Total Equity	269 000	−146 000	−188 000	−91 000
Total Long-Term Debt	725 000	1 576 000	1 928 000	1 618 000
Total Current Debt	2 120 000	1 200 000	804 000	945 000
Total Equity and Debt	3 114 000	2 630 000	2 544 000	2 472 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 079 000	1 373 000	962 000	1 985 000
Other Income	353 000	232 000	164 000	0
Revenue	2 431 000	1 604 000	1 126 000	1 985 000
Cost of Goods Sold	60 000	0	0	68 000
Salary Costs	1 043 000	682 000	214 000	1 077 000
Depreciation	146 000	122 000	124 000	79 000
Impairment	0	0	0	0
Expenditure	1 866 000	1 562 000	1 018 000	1 733 000
Operating Profit	564 000	42 000	108 000	252 000
Financial Income	0	24 000	0	0
Financial Costs	32 000	12 000	26 000	714 000
Financial Balance	−32 000	12 000	−26 000	−714 000
Dividends	0	0	0	0
Net Income	415 000	42 000	64 000	−509 000

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	586 000	545 000	610 000	729 000
Total Tangible Assets	586 000	545 000	610 000	729 000
Total Fiancial Fixed Assets	1 825 000	1 760 000	1 737 000	987 000
Total Fixed Assets	2 411 000	2 305 000	2 347 000	1 716 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	103 000	11 000	18 000
Total Current Assets	702 000	325 000	198 000	757 000
Total Assets	3 114 000	2 630 000	2 544 000	2 472 000
Total Equity	269 000	−146 000	−188 000	−91 000
Short-Term Group Debt	1 736 000	887 000	403 000	151 000
Total Long-Term Debt	725 000	1 576 000	1 928 000	1 618 000
Creditors	51 000	31 000	29 000	70 000
Unpaid Taxes	142 000	179 000	126 000	84 000
Dividends	0	0	0	0
Other Current Debt	131 000	87 000	230 000	640 000
Total Current Debt	2 120 000	1 200 000	804 000	945 000
Total Equity and Debt	3 114 000	2 630 000	2 544 000	2 472 000

Financial indicators	2022	2021	2020	2019
Return on Equity	154,28 %	−28,77 %	−34,04 %	559,34 %
Debt-to-Equity Ratio	2,7	−10,79	−10,26	−17,78
Operating Profit Margin	23,2 %	2,62 %	9,59 %	12,7 %
Current Ratio	0,33	0,27	0,25	0,8
Quick Ratio	0,33	0,27	0,25	0,8
Equity Ratio	0,09	−0,06	−0,07	−0,04
Gross Profit Margin	97,53 %	100 %	100 %	96,57 %