SMART RØRLØSNINGER AS

2054 MOGREINA

Finances

Share Ownership

Return on Equity

112,97 %

Current Ratio

2,83

Debt-to-Equity Ratio

2,5

Key figures (NOK)	2022	2021	2020
Revenue	5 154 000	2 669 000	2 836 000
Net Income	662 000	−125 000	20 000
Total Assets	2 208 000	733 000	750 000
Total Equity	586 000	−76 000	49 000

Income (NOK)	2022	2021	2020
Revenue	5 154 000	2 669 000	2 836 000
Expenditure	4 326 000	2 785 000	2 799 000
Operating Profit	828 000	−115 000	37 000
Financial Income	2 000	0	0
Financial Costs	12 000	14 000	13 000
Financial Balance	−10 000	−14 000	−13 000
Earnings Before Tax	817 000	−129 000	24 000
Tax	155 000	−4 000	4 000
Net Income	662 000	−125 000	20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 766 000	157 000	452 000
Total Current Assets	442 000	576 000	298 000
Total Assets	2 208 000	733 000	750 000
Total Retained Equity	562 000	−100 000	24 000
Total Equity	586 000	−76 000	49 000
Total Long-Term Debt	1 466 000	0	304 000
Total Current Debt	156 000	809 000	397 000
Total Equity and Debt	2 208 000	733 000	750 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 108 000	2 669 000	2 836 000
Other Income	47 000	0	0
Revenue	5 154 000	2 669 000	2 836 000
Cost of Goods Sold	2 380 000	1 144 000	1 229 000
Salary Costs	1 187 000	1 016 000	946 000
Depreciation	41 000	87 000	44 000
Impairment	0	0	0
Expenditure	4 326 000	2 785 000	2 799 000
Operating Profit	828 000	−115 000	37 000
Financial Income	2 000	0	0
Financial Costs	12 000	14 000	13 000
Financial Balance	−10 000	−14 000	−13 000
Dividends	0	0	0
Net Income	662 000	−125 000	20 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	1 639 000	83 000	381 000
Total Tangible Assets	1 639 000	83 000	381 000
Total Fiancial Fixed Assets	127 000	74 000	72 000
Total Fixed Assets	1 766 000	157 000	452 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	378 000	106 000	163 000
Total Current Assets	442 000	576 000	298 000
Total Assets	2 208 000	733 000	750 000
Total Equity	586 000	−76 000	49 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 466 000	0	304 000
Creditors	24 000	102 000	70 000
Unpaid Taxes	−66 000	438 000	207 000
Dividends	0	0	0
Other Current Debt	121 000	269 000	120 000
Total Current Debt	156 000	809 000	397 000
Total Equity and Debt	2 208 000	733 000	750 000

Financial indicators	2022	2021	2020
Return on Equity	112,97 %	164,47 %	40,82 %
Debt-to-Equity Ratio	2,5	−0	6,2
Operating Profit Margin	16,07 %	−4,31 %	1,3 %
Current Ratio	2,83	0,71	0,75
Quick Ratio	2,83	0,71	0,75
Equity Ratio	0,27	−0,1	0,07
Gross Profit Margin	53,82 %	57,14 %	56,66 %