SMART CYLINDERS AS

0190 OSLO

Finances

Return on Equity

−25,16 %

Current Ratio

5,41

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	210 000	1 613 000	905 000	84 000
Net Income	−5 989 000	−4 749 000	−718 000	−2 145 000
Total Assets	28 251 000	14 242 000	10 756 000	7 022 000
Total Equity	23 800 000	10 851 000	7 552 000	5 953 000

Income (NOK)	2022	2021	2020	2019
Revenue	210 000	1 613 000	905 000	84 000
Expenditure	12 157 000	11 194 000	6 251 000	5 966 000
Operating Profit	−5 854 000	−4 624 000	−714 000	−2 121 000
Financial Income	33 000	13 000	89 000	2 000
Financial Costs	168 000	138 000	93 000	26 000
Financial Balance	−135 000	−125 000	−4 000	−24 000
Earnings Before Tax	−5 989 000	−4 749 000	−718 000	−2 145 000
Tax	0	0	0	0
Net Income	−5 989 000	−4 749 000	−718 000	−2 145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 869 000	11 824 000	7 851 000	3 816 000
Total Current Assets	10 382 000	2 418 000	2 905 000	3 206 000
Total Assets	28 251 000	14 242 000	10 756 000	7 022 000
Total Retained Equity	−15 527 000	−9 538 000	−4 788 000	−4 071 000
Total Equity	23 800 000	10 851 000	7 552 000	5 953 000
Total Long-Term Debt	2 532 000	2 500 000	2 500 000	0
Total Current Debt	1 920 000	891 000	704 000	1 068 000
Total Equity and Debt	28 251 000	14 242 000	10 756 000	7 022 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	210 000	283 000	15 000	52 000
Other Income	0	1 330 000	890 000	32 000
Revenue	210 000	1 613 000	905 000	84 000
Cost of Goods Sold	606 000	242 000	37 000	8 000
Salary Costs	6 505 000	4 786 000	3 208 000	2 328 000
Depreciation	1 454 000	1 073 000	597 000	145 000
Impairment	0	0	0	0
Expenditure	12 157 000	11 194 000	6 251 000	5 966 000
Operating Profit	−5 854 000	−4 624 000	−714 000	−2 121 000
Financial Income	33 000	13 000	89 000	2 000
Financial Costs	168 000	138 000	93 000	26 000
Financial Balance	−135 000	−125 000	−4 000	−24 000
Dividends	0	0	0	0
Net Income	−5 989 000	−4 749 000	−718 000	−2 145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 869 000	11 775 000	7 736 000	3 636 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	48 000	114 000	180 000
Total Tangible Assets	0	48 000	114 000	180 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 869 000	11 824 000	7 851 000	3 816 000
Stock	4 160 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 914 000	2 320 000	2 267 000	3 044 000
Total Current Assets	10 382 000	2 418 000	2 905 000	3 206 000
Total Assets	28 251 000	14 242 000	10 756 000	7 022 000
Total Equity	23 800 000	10 851 000	7 552 000	5 953 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 532 000	2 500 000	2 500 000	0
Creditors	901 000	99 000	157 000	683 000
Unpaid Taxes	431 000	277 000	204 000	139 000
Dividends	0	0	0	0
Other Current Debt	587 000	514 000	344 000	247 000
Total Current Debt	1 920 000	891 000	704 000	1 068 000
Total Equity and Debt	28 251 000	14 242 000	10 756 000	7 022 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,16 %	−43,77 %	−9,51 %	−36,03 %
Debt-to-Equity Ratio	0,11	0,23	0,33	0
Operating Profit Margin	−2 787,62 %	−286,67 %	−78,9 %	−2 525 %
Current Ratio	5,41	2,71	4,13	3
Quick Ratio	−4,63	2,71	4,13	3
Equity Ratio	0,84	0,76	0,7	0,85
Gross Profit Margin	−188,57 %	85 %	95,91 %	90,48 %