SMARTCUBE AS

4021 STAVANGER

Finances

Share Ownership

Return on Equity

−417,39 %

Current Ratio

0,25

Debt-to-Equity Ratio

126,65

Key figures (NOK)	2022	2021	2020
Revenue	2 154 000	1 669 000	670 000
Net Income	−96 000	−1 000	90 000
Total Assets	5 653 000	1 670 000	299 000
Total Equity	23 000	119 000	120 000

Income (NOK)	2022	2021	2020
Revenue	2 154 000	1 669 000	670 000
Expenditure	1 998 000	1 589 000	556 000
Operating Profit	157 000	80 000	114 000
Financial Income	0	0	0
Financial Costs	253 000	81 000	0
Financial Balance	−253 000	−81 000	0
Earnings Before Tax	−96 000	−2 000	114 000
Tax	0	0	24 000
Net Income	−96 000	−1 000	90 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 985 000	707 000	0
Total Current Assets	668 000	963 000	299 000
Total Assets	5 653 000	1 670 000	299 000
Total Retained Equity	−7 000	89 000	90 000
Total Equity	23 000	119 000	120 000
Total Long-Term Debt	2 913 000	1 400 000	0
Total Current Debt	2 717 000	151 000	178 000
Total Equity and Debt	5 653 000	1 670 000	299 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 146 000	1 168 000	670 000
Other Income	8 000	501 000	0
Revenue	2 154 000	1 669 000	670 000
Cost of Goods Sold	478 000	1 441 000	496 000
Salary Costs	494 000	14 000	0
Depreciation	235 000	0	0
Impairment	0	0	0
Expenditure	1 998 000	1 589 000	556 000
Operating Profit	157 000	80 000	114 000
Financial Income	0	0	0
Financial Costs	253 000	81 000	0
Financial Balance	−253 000	−81 000	0
Dividends	0	0	0
Net Income	−96 000	−1 000	90 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	4 859 000	707 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	27 000	0	0
Total Tangible Assets	27 000	0	0
Total Fiancial Fixed Assets	100 000	0	0
Total Fixed Assets	4 985 000	707 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	578 000	512 000	199 000
Total Current Assets	668 000	963 000	299 000
Total Assets	5 653 000	1 670 000	299 000
Total Equity	23 000	119 000	120 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 913 000	1 400 000	0
Creditors	929 000	49 000	160 000
Unpaid Taxes	228 000	100 000	−5 000
Dividends	0	0	0
Other Current Debt	542 000	2 000	0
Total Current Debt	2 717 000	151 000	178 000
Total Equity and Debt	5 653 000	1 670 000	299 000

Financial indicators	2022	2021	2020
Return on Equity	−417,39 %	−0,84 %	75 %
Debt-to-Equity Ratio	126,65	11,76	0
Operating Profit Margin	7,29 %	4,79 %	17,01 %
Current Ratio	0,25	6,38	1,68
Quick Ratio	0,25	6,38	1,68
Equity Ratio	0	0,07	0,4
Gross Profit Margin	77,81 %	13,66 %	25,97 %