SMART REKKVERK AS

7093 TILLER

Finances

Share Ownership

Return on Equity

16,42 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 023 000	7 092 000	4 925 000	11 000
Net Income	−487 000	−2 180 000	−927 000	−22 000
Total Assets	856 000	1 246 000	466 000	524 000
Total Equity	−2 966 000	−2 479 000	−298 000	128 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 023 000	7 092 000	4 925 000	11 000
Expenditure	1 400 000	9 176 000	5 806 000	32 000
Operating Profit	−377 000	−2 085 000	−880 000	−21 000
Financial Income	4 000	3 000	0	0
Financial Costs	114 000	99 000	47 000	0
Financial Balance	−110 000	−96 000	−47 000	0
Earnings Before Tax	−487 000	−2 180 000	−927 000	−22 000
Tax	0	0	0	0
Net Income	−487 000	−2 180 000	−927 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	666 000	905 000	771 000	100 000
Total Current Assets	190 000	340 000	−305 000	424 000
Total Assets	856 000	1 246 000	466 000	524 000
Total Retained Equity	−3 616 000	−3 129 000	−948 000	−22 000
Total Equity	−2 966 000	−2 479 000	−298 000	128 000
Total Long-Term Debt	955 000	215 000	275 000	0
Total Current Debt	2 867 000	3 510 000	489 000	396 000
Total Equity and Debt	856 000	1 246 000	466 000	524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 023 000	7 088 000	4 703 000	237 000
Other Income	0	4 000	223 000	−226 000
Revenue	1 023 000	7 092 000	4 925 000	11 000
Cost of Goods Sold	779 000	5 729 000	3 717 000	5 000
Salary Costs	49 000	570 000	138 000	0
Depreciation	256 000	247 000	126 000	0
Impairment	0	0	0	0
Expenditure	1 400 000	9 176 000	5 806 000	32 000
Operating Profit	−377 000	−2 085 000	−880 000	−21 000
Financial Income	4 000	3 000	0	0
Financial Costs	114 000	99 000	47 000	0
Financial Balance	−110 000	−96 000	−47 000	0
Dividends	0	0	0	0
Net Income	−487 000	−2 180 000	−927 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	619 000	866 000	771 000	100 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	40 000	0	0
Total Tangible Assets	30 000	40 000	0	0
Total Fiancial Fixed Assets	16 000	0	0	0
Total Fixed Assets	666 000	905 000	771 000	100 000
Stock	0	23 000	368 000	0
Total Investments	0	0	0	0
Cash, Bank	27 000	29 000	−780 000	152 000
Total Current Assets	190 000	340 000	−305 000	424 000
Total Assets	856 000	1 246 000	466 000	524 000
Total Equity	−2 966 000	−2 479 000	−298 000	128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	955 000	215 000	275 000	0
Creditors	1 931 000	2 286 000	434 000	142 000
Unpaid Taxes	5 000	19 000	40 000	28 000
Dividends	0	0	0	0
Other Current Debt	0	57 000	15 000	226 000
Total Current Debt	2 867 000	3 510 000	489 000	396 000
Total Equity and Debt	856 000	1 246 000	466 000	524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,42 %	87,94 %	311,07 %	−17,19 %
Debt-to-Equity Ratio	−0,32	−0,09	−0,92	0
Operating Profit Margin	−36,85 %	−29,4 %	−17,87 %	−190,91 %
Current Ratio	0,07	0,1	−0,62	1,07
Quick Ratio	0,07	0,1	−2,52	1,07
Equity Ratio	−3,46	−1,99	−0,64	0,24
Gross Profit Margin	23,85 %	19,22 %	24,53 %	54,55 %