SMARTBIRD AS

0280 OSLO

Finances

Share Ownership

Return on Equity

−8,82 %

Current Ratio

7,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 000	60 000	907 000	312 000
Net Income	−35 000	−44 000	128 000	10 000
Total Assets	452 000	488 000	600 000	1 596 000
Total Equity	397 000	432 000	476 000	348 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 000	60 000	907 000	312 000
Expenditure	61 000	104 000	779 000	300 000
Operating Profit	−35 000	−44 000	127 000	11 000
Financial Income	0	3 000	0	0
Financial Costs	0	3 000	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−35 000	−44 000	128 000	10 000
Tax	0	0	0	0
Net Income	−35 000	−44 000	128 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	34 000	39 000	44 000
Total Current Assets	423 000	454 000	561 000	1 553 000
Total Assets	452 000	488 000	600 000	1 596 000
Total Retained Equity	−127 000	−93 000	−48 000	−176 000
Total Equity	397 000	432 000	476 000	348 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	55 000	56 000	124 000	1 248 000
Total Equity and Debt	452 000	488 000	600 000	1 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 000	60 000	126 000	134 000
Other Income	0	0	781 000	178 000
Revenue	26 000	60 000	907 000	312 000
Cost of Goods Sold	0	22 000	555 000	243 000
Salary Costs	0	−4 000	138 000	0
Depreciation	5 000	5 000	5 000	4 000
Impairment	0	0	0	0
Expenditure	61 000	104 000	779 000	300 000
Operating Profit	−35 000	−44 000	127 000	11 000
Financial Income	0	3 000	0	0
Financial Costs	0	3 000	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−35 000	−44 000	128 000	10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	34 000	39 000	44 000
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	29 000	34 000	39 000	44 000
Stock	307 000	284 000	298 000	104 000
Total Investments	0	0	0	0
Cash, Bank	100 000	143 000	250 000	257 000
Total Current Assets	423 000	454 000	561 000	1 553 000
Total Assets	452 000	488 000	600 000	1 596 000
Total Equity	397 000	432 000	476 000	348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	3 000	67 000	97 000
Unpaid Taxes	0	0	11 000	0
Dividends	0	0	0	0
Other Current Debt	54 000	54 000	46 000	1 151 000
Total Current Debt	55 000	56 000	124 000	1 248 000
Total Equity and Debt	452 000	488 000	600 000	1 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,82 %	−10,19 %	26,89 %	2,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−134,62 %	−73,33 %	14 %	3,53 %
Current Ratio	7,69	8,11	4,52	1,24
Quick Ratio	−1,68	−1,99	−3,22	1,36
Equity Ratio	0,88	0,89	0,79	0,22
Gross Profit Margin	100 %	63,33 %	38,81 %	22,12 %