SMARTABILITY AS

1580 RYGGE

Finances

Share Ownership

Return on Equity

18,67 %

Current Ratio

3,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 005 000	1 382 000	379 000	216 000
Net Income	45 000	384 000	−182 000	28 000
Total Assets	358 000	961 000	349 000	99 000
Total Equity	241 000	246 000	−122 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 005 000	1 382 000	379 000	216 000
Expenditure	949 000	935 000	570 000	180 000
Operating Profit	56 000	447 000	−192 000	35 000
Financial Income	2 000	2 000	11 000	0
Financial Costs	1 000	6 000	1 000	0
Financial Balance	1 000	−4 000	10 000	0
Earnings Before Tax	57 000	443 000	−182 000	35 000
Tax	13 000	59 000	0	8 000
Net Income	45 000	384 000	−182 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	4 000
Total Current Assets	358 000	961 000	349 000	94 000
Total Assets	358 000	961 000	349 000	99 000
Total Retained Equity	211 000	216 000	−152 000	30 000
Total Equity	241 000	246 000	−122 000	60 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	117 000	714 000	471 000	39 000
Total Equity and Debt	358 000	961 000	349 000	99 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 005 000	1 379 000	379 000	216 000
Other Income	0	2 000	0	0
Revenue	1 005 000	1 382 000	379 000	216 000
Cost of Goods Sold	588 000	284 000	403 000	116 000
Salary Costs	129 000	354 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	949 000	935 000	570 000	180 000
Operating Profit	56 000	447 000	−192 000	35 000
Financial Income	2 000	2 000	11 000	0
Financial Costs	1 000	6 000	1 000	0
Financial Balance	1 000	−4 000	10 000	0
Dividends	50 000	15 000	0	0
Net Income	45 000	384 000	−182 000	28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	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	4 000
Total Fixed Assets	0	0	0	4 000
Stock	48 000	636 000	269 000	0
Total Investments	0	0	0	0
Cash, Bank	277 000	204 000	64 000	83 000
Total Current Assets	358 000	961 000	349 000	94 000
Total Assets	358 000	961 000	349 000	99 000
Total Equity	241 000	246 000	−122 000	60 000
Short-Term Group Debt	0	0	1 000	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	18 000	45 000	2 000
Unpaid Taxes	12 000	67 000	7 000	0
Dividends	50 000	15 000	0	0
Other Current Debt	24 000	551 000	418 000	29 000
Total Current Debt	117 000	714 000	471 000	39 000
Total Equity and Debt	358 000	961 000	349 000	99 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,67 %	156,1 %	149,18 %	46,67 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	5,57 %	32,34 %	−50,66 %	16,2 %
Current Ratio	3,06	1,35	0,74	2,41
Quick Ratio	5,19	12,32	1,73	2,41
Equity Ratio	0,67	0,26	−0,35	0,61
Gross Profit Margin	41,49 %	79,45 %	−6,33 %	46,3 %