SKANDIA SMARTHUS AS

4612 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−4 071,88 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	706 000	1 998 000
Net Income	−53 871 000	−1 417 000	−943 000	−1 052 000
Total Assets	61 130 000	48 804 000	22 652 000	8 121 000
Total Equity	1 323 000	2 194 000	2 111 000	1 055 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	706 000	1 998 000
Expenditure	50 965 000	1 385 000	1 947 000	3 353 000
Operating Profit	−50 965 000	−1 385 000	−1 240 000	−1 355 000
Financial Income	0	0	1 000	0
Financial Costs	1 586 000	431 000	71 000	42 000
Financial Balance	−1 586 000	−431 000	−70 000	−42 000
Earnings Before Tax	−52 550 000	−1 816 000	−1 311 000	−1 397 000
Tax	1 321 000	−399 000	−367 000	−345 000
Net Income	−53 871 000	−1 417 000	−943 000	−1 052 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 020 000	43 350 000	19 770 000	3 717 000
Total Current Assets	55 111 000	5 454 000	2 882 000	4 404 000
Total Assets	61 130 000	48 804 000	22 652 000	8 121 000
Total Retained Equity	0	0	0	0
Total Equity	1 323 000	2 194 000	2 111 000	1 055 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	59 808 000	46 610 000	20 541 000	7 067 000
Total Equity and Debt	61 130 000	48 804 000	22 652 000	8 121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	706 000	1 998 000
Other Income	0	0	0	0
Revenue	0	0	706 000	1 998 000
Cost of Goods Sold	0	0	651 000	1 830 000
Salary Costs	40 000	111 000	2 000	650 000
Depreciation	34 000	36 000	247 000	243 000
Impairment	49 463 000	0	841 000	0
Expenditure	50 965 000	1 385 000	1 947 000	3 353 000
Operating Profit	−50 965 000	−1 385 000	−1 240 000	−1 355 000
Financial Income	0	0	1 000	0
Financial Costs	1 586 000	431 000	71 000	42 000
Financial Balance	−1 586 000	−431 000	−70 000	−42 000
Dividends	0	0	0	0
Net Income	−53 871 000	−1 417 000	−943 000	−1 052 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000 000	43 296 000	19 680 000	3 591 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	54 000	90 000	126 000
Total Tangible Assets	20 000	54 000	90 000	126 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 020 000	43 350 000	19 770 000	3 717 000
Stock	0	0	0	66 000
Total Investments	0	0	0	0
Cash, Bank	1 243 000	1 202 000	217 000	677 000
Total Current Assets	55 111 000	5 454 000	2 882 000	4 404 000
Total Assets	61 130 000	48 804 000	22 652 000	8 121 000
Total Equity	1 323 000	2 194 000	2 111 000	1 055 000
Short-Term Group Debt	59 208 000	42 022 000	17 903 000	4 962 000
Total Long-Term Debt	0	0	0	0
Creditors	446 000	3 765 000	1 358 000	1 720 000
Unpaid Taxes	4 000	177 000	273 000	69 000
Dividends	0	0	0	0
Other Current Debt	150 000	646 000	1 007 000	316 000
Total Current Debt	59 808 000	46 610 000	20 541 000	7 067 000
Total Equity and Debt	61 130 000	48 804 000	22 652 000	8 121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4 071,88 %	−64,59 %	−44,67 %	−99,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−175,64 %	−67,82 %
Current Ratio	0,92	0,12	0,14	0,62
Quick Ratio	0,92	0,12	0,14	0,63
Equity Ratio	0,02	0,04	0,09	0,13
Gross Profit Margin	-	-	7,79 %	8,41 %