SMART ENERGY NETWORK AS

0158 OSLO

Finances

Share Ownership

Return on Equity

132,69 %

Current Ratio

0,85

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 735 000	2 014 000	2 138 000	1 456 000
Net Income	−207 000	421 000	419 000	−277 000
Total Assets	990 000	872 000	515 000	519 000
Total Equity	−156 000	51 000	−370 000	−789 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 735 000	2 014 000	2 138 000	1 456 000
Expenditure	1 942 000	1 593 000	1 719 000	1 564 000
Operating Profit	−207 000	422 000	419 000	−108 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−207 000	421 000	419 000	−107 000
Tax	0	0	0	170 000
Net Income	−207 000	421 000	419 000	−277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	29 000	46 000	0
Total Current Assets	978 000	843 000	469 000	519 000
Total Assets	990 000	872 000	515 000	519 000
Total Retained Equity	−246 000	−40 000	−461 000	−880 000
Total Equity	−156 000	51 000	−370 000	−789 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 146 000	821 000	885 000	1 308 000
Total Equity and Debt	990 000	872 000	515 000	519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 735 000	2 014 000	2 138 000	1 456 000
Other Income	0	0	0	0
Revenue	1 735 000	2 014 000	2 138 000	1 456 000
Cost of Goods Sold	0	0	38 000	30 000
Salary Costs	3 000	0	0	0
Depreciation	17 000	17 000	4 000	0
Impairment	0	0	0	0
Expenditure	1 942 000	1 593 000	1 719 000	1 564 000
Operating Profit	−207 000	422 000	419 000	−108 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−207 000	421 000	419 000	−277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	29 000	46 000	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	0	0	0	0
Total Fixed Assets	13 000	29 000	46 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	811 000	809 000	445 000	405 000
Total Current Assets	978 000	843 000	469 000	519 000
Total Assets	990 000	872 000	515 000	519 000
Total Equity	−156 000	51 000	−370 000	−789 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	179 000	4 000	18 000	164 000
Unpaid Taxes	28 000	26 000	0	−4 000
Dividends	0	0	0	0
Other Current Debt	939 000	792 000	867 000	1 148 000
Total Current Debt	1 146 000	821 000	885 000	1 308 000
Total Equity and Debt	990 000	872 000	515 000	519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,69 %	825,49 %	−113,24 %	35,11 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−11,93 %	20,95 %	19,6 %	−7,42 %
Current Ratio	0,85	1,03	0,53	0,4
Quick Ratio	0,85	1,03	0,53	0,4
Equity Ratio	−0,16	0,06	−0,72	−1,52
Gross Profit Margin	100 %	100 %	98,22 %	97,94 %