B SMART AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

−59,75 %

Current Ratio

0,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 878 000	6 900 000	4 450 000	3 844 000
Net Income	−2 988 000	−3 719 000	−5 614 000	−4 302 000
Total Assets	13 375 000	14 759 000	19 440 000	21 693 000
Total Equity	5 001 000	7 989 000	11 708 000	14 323 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 878 000	6 900 000	4 450 000	3 844 000
Expenditure	11 960 000	11 631 000	11 525 000	9 279 000
Operating Profit	−3 082 000	−4 731 000	−7 076 000	−5 436 000
Financial Income	5 000	2 000	3 000	8 000
Financial Costs	134 000	38 000	125 000	87 000
Financial Balance	−129 000	−36 000	−122 000	−79 000
Earnings Before Tax	−3 211 000	−4 767 000	−7 198 000	−5 516 000
Tax	−223 000	−1 048 000	−1 584 000	−1 213 000
Net Income	−2 988 000	−3 719 000	−5 614 000	−4 302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 168 000	12 364 000	12 001 000	12 709 000
Total Current Assets	1 207 000	2 395 000	7 440 000	8 984 000
Total Assets	13 375 000	14 759 000	19 440 000	21 693 000
Total Retained Equity	0	0	0	0
Total Equity	5 001 000	7 989 000	11 708 000	14 323 000
Total Long-Term Debt	0	223 000	211 000	246 000
Total Current Debt	8 374 000	6 546 000	7 522 000	7 125 000
Total Equity and Debt	13 375 000	14 759 000	19 440 000	21 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 878 000	6 880 000	4 450 000	3 844 000
Other Income	0	20 000	0	0
Revenue	8 878 000	6 900 000	4 450 000	3 844 000
Cost of Goods Sold	0	899 000	415 000	228 000
Salary Costs	3 937 000	3 894 000	1 980 000	1 677 000
Depreciation	2 265 000	1 994 000	1 919 000	1 750 000
Impairment	0	0	0	0
Expenditure	11 960 000	11 631 000	11 525 000	9 279 000
Operating Profit	−3 082 000	−4 731 000	−7 076 000	−5 436 000
Financial Income	5 000	2 000	3 000	8 000
Financial Costs	134 000	38 000	125 000	87 000
Financial Balance	−129 000	−36 000	−122 000	−79 000
Dividends	0	0	0	0
Net Income	−2 988 000	−3 719 000	−5 614 000	−4 302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 133 000	12 315 000	11 950 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	49 000	51 000	12 709 000
Total Tangible Assets	35 000	49 000	51 000	12 709 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 168 000	12 364 000	12 001 000	12 709 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	606 000	770 000	203 000	816 000
Total Current Assets	1 207 000	2 395 000	7 440 000	8 984 000
Total Assets	13 375 000	14 759 000	19 440 000	21 693 000
Total Equity	5 001 000	7 989 000	11 708 000	14 323 000
Short-Term Group Debt	7 081 000	5 447 000	1 535 000	5 902 000
Total Long-Term Debt	0	223 000	211 000	246 000
Creditors	554 000	545 000	607 000	865 000
Unpaid Taxes	208 000	191 000	898 000	89 000
Dividends	0	0	0	0
Other Current Debt	530 000	363 000	4 481 000	268 000
Total Current Debt	8 374 000	6 546 000	7 522 000	7 125 000
Total Equity and Debt	13 375 000	14 759 000	19 440 000	21 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,75 %	−46,55 %	−47,95 %	−30,04 %
Debt-to-Equity Ratio	0	0,03	0,02	0,02
Operating Profit Margin	−34,72 %	−68,57 %	−159,01 %	−141,42 %
Current Ratio	0,14	0,37	0,99	1,26
Quick Ratio	0,14	0,37	0,99	1,26
Equity Ratio	0,37	0,54	0,6	0,66
Gross Profit Margin	100 %	86,97 %	90,67 %	94,07 %