SMOOTH RIDESHARING AS

0579 OSLO

Finances

Share Ownership

Return on Equity

−13,76 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 000	83 000	0	73 000
Net Income	15 000	−54 000	−7 000	−344 000
Total Assets	144 000	137 000	122 000	119 000
Total Equity	−109 000	−125 000	−71 000	−160 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 000	83 000	0	73 000
Expenditure	114 000	149 000	9 000	510 000
Operating Profit	21 000	−66 000	−9 000	−437 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	0	4 000
Financial Balance	−1 000	−3 000	0	−4 000
Earnings Before Tax	20 000	−69 000	−10 000	−440 000
Tax	4 000	−15 000	−2 000	−97 000
Net Income	15 000	−54 000	−7 000	−344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	127 000	112 000	110 000
Total Current Assets	12 000	10 000	10 000	9 000
Total Assets	144 000	137 000	122 000	119 000
Total Retained Equity	−334 000	−349 000	−296 000	−384 000
Total Equity	−109 000	−125 000	−71 000	−160 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	254 000	262 000	193 000	279 000
Total Equity and Debt	144 000	137 000	122 000	119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 000	83 000	0	73 000
Other Income	0	0	0	0
Revenue	135 000	83 000	0	73 000
Cost of Goods Sold	0	17 000	0	28 000
Salary Costs	0	0	0	271 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	114 000	149 000	9 000	510 000
Operating Profit	21 000	−66 000	−9 000	−437 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	0	4 000
Financial Balance	−1 000	−3 000	0	−4 000
Dividends	0	0	0	0
Net Income	15 000	−54 000	−7 000	−344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	123 000	127 000	112 000	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	0	0	0
Total Tangible Assets	10 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	132 000	127 000	112 000	110 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	10 000	0	−1 000
Total Current Assets	12 000	10 000	10 000	9 000
Total Assets	144 000	137 000	122 000	119 000
Total Equity	−109 000	−125 000	−71 000	−160 000
Short-Term Group Debt	0	0	57 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	15 000	7 000	72 000
Unpaid Taxes	4 000	7 000	96 000	96 000
Dividends	0	0	0	0
Other Current Debt	249 000	240 000	34 000	112 000
Total Current Debt	254 000	262 000	193 000	279 000
Total Equity and Debt	144 000	137 000	122 000	119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,76 %	43,2 %	9,86 %	215 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	15,56 %	−79,52 %	-	−598,63 %
Current Ratio	0,05	0,04	0,05	0,03
Quick Ratio	0,05	0,04	0,05	0,03
Equity Ratio	−0,76	−0,91	−0,58	−1,34
Gross Profit Margin	100 %	79,52 %	-	61,64 %