SMARTCON AS

5251 SØREIDGREND

Finances

Share Ownership

Return on Equity

−1 166,67 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 584 000	1 573 000	1 863 000	956 000
Net Income	−70 000	26 000	359 000	33 000
Total Assets	464 000	489 000	490 000	53 000
Total Equity	6 000	76 000	50 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 584 000	1 573 000	1 863 000	956 000
Expenditure	1 676 000	1 540 000	1 403 000	914 000
Operating Profit	−92 000	32 000	460 000	42 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	1 000	0
Earnings Before Tax	−90 000	33 000	461 000	42 000
Tax	−20 000	7 000	101 000	9 000
Net Income	−70 000	26 000	359 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	9 000	15 000	13 000
Total Current Assets	444 000	480 000	475 000	40 000
Total Assets	464 000	489 000	490 000	53 000
Total Retained Equity	−24 000	46 000	20 000	−40 000
Total Equity	6 000	76 000	50 000	−10 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	458 000	412 000	440 000	63 000
Total Equity and Debt	464 000	489 000	490 000	53 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 584 000	1 573 000	1 863 000	956 000
Other Income	0	0	0	0
Revenue	1 584 000	1 573 000	1 863 000	956 000
Cost of Goods Sold	56 000	604 000	1 018 000	486 000
Salary Costs	1 406 000	728 000	0	218 000
Depreciation	6 000	6 000	5 000	0
Impairment	0	0	0	0
Expenditure	1 676 000	1 540 000	1 403 000	914 000
Operating Profit	−92 000	32 000	460 000	42 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	1 000	0
Dividends	0	0	300 000	0
Net Income	−70 000	26 000	359 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	0	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	8 000	14 000	0
Total Tangible Assets	2 000	8 000	14 000	0
Total Fiancial Fixed Assets	0	1 000	1 000	0
Total Fixed Assets	20 000	9 000	15 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	318 000	238 000	452 000	29 000
Total Current Assets	444 000	480 000	475 000	40 000
Total Assets	464 000	489 000	490 000	53 000
Total Equity	6 000	76 000	50 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	0
Creditors	−18 000	−15 000	23 000	−8 000
Unpaid Taxes	146 000	153 000	28 000	11 000
Dividends	0	0	300 000	0
Other Current Debt	330 000	268 000	0	60 000
Total Current Debt	458 000	412 000	440 000	63 000
Total Equity and Debt	464 000	489 000	490 000	53 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 166,67 %	34,21 %	718 %	−330 %
Debt-to-Equity Ratio	0	0,03	0	−0
Operating Profit Margin	−5,81 %	2,03 %	24,69 %	4,39 %
Current Ratio	0,97	1,17	1,08	0,63
Quick Ratio	0,97	1,17	1,08	0,63
Equity Ratio	0,01	0,16	0,1	−0,19
Gross Profit Margin	96,46 %	61,6 %	45,36 %	49,16 %