SMART DAVIT AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

35,44 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	318 000	636 000	511 000	0
Net Income	28 000	98 000	87 000	−15 000
Total Assets	104 000	231 000	128 000	10 000
Total Equity	79 000	51 000	103 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	318 000	636 000	511 000	0
Expenditure	281 000	511 000	402 000	15 000
Operating Profit	36 000	126 000	109 000	−15 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	36 000	126 000	108 000	−15 000
Tax	8 000	28 000	20 000	0
Net Income	28 000	98 000	87 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	104 000	231 000	128 000	10 000
Total Assets	104 000	231 000	128 000	10 000
Total Retained Equity	49 000	21 000	73 000	−15 000
Total Equity	79 000	51 000	103 000	15 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	26 000	181 000	25 000	−6 000
Total Equity and Debt	104 000	231 000	128 000	10 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	318 000	636 000	511 000	0
Other Income	0	0	0	0
Revenue	318 000	636 000	511 000	0
Cost of Goods Sold	230 000	440 000	339 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	281 000	511 000	402 000	15 000
Operating Profit	36 000	126 000	109 000	−15 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	150 000	0	0
Net Income	28 000	98 000	87 000	−15 000

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	0
Total Fixed Assets	0	0	0	0
Stock	0	9 000	42 000	0
Total Investments	0	0	0	0
Cash, Bank	101 000	217 000	73 000	10 000
Total Current Assets	104 000	231 000	128 000	10 000
Total Assets	104 000	231 000	128 000	10 000
Total Equity	79 000	51 000	103 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	3 000	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	150 000	0	0
Other Current Debt	0	0	0	−6 000
Total Current Debt	26 000	181 000	25 000	−6 000
Total Equity and Debt	104 000	231 000	128 000	10 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,44 %	192,16 %	84,47 %	−100 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,32 %	19,81 %	21,33 %	-
Current Ratio	4	1,28	5,12	−1,67
Quick Ratio	4	1,34	−7,53	−1,67
Equity Ratio	0,76	0,22	0,8	1,5
Gross Profit Margin	27,67 %	30,82 %	33,66 %	-