SMARTHOSE AS

5652 ÅRLAND

Finances

Share Ownership

Return on Equity

−4,39 %

Current Ratio

0,2

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	3 525 000	3 632 000	3 218 000
Net Income	101 000	−2 424 000	−10 000
Total Assets	1 380 000	2 141 000	1 472 000
Total Equity	−2 303 000	−2 404 000	20 000

Income (NOK)	2022	2021	2020
Revenue	3 525 000	3 632 000	3 218 000
Expenditure	3 384 000	6 705 000	3 192 000
Operating Profit	141 000	−3 072 000	27 000
Financial Income	0	0	0
Financial Costs	12 000	35 000	39 000
Financial Balance	−12 000	−35 000	−39 000
Earnings Before Tax	129 000	−3 107 000	−13 000
Tax	28 000	−683 000	−3 000
Net Income	101 000	−2 424 000	−10 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	658 000	686 000	3 000
Total Current Assets	722 000	1 454 000	1 469 000
Total Assets	1 380 000	2 141 000	1 472 000
Total Retained Equity	−2 333 000	−2 434 000	−10 000
Total Equity	−2 303 000	−2 404 000	20 000
Total Long-Term Debt	0	0	0
Total Current Debt	3 683 000	4 544 000	1 452 000
Total Equity and Debt	1 380 000	2 141 000	1 472 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 513 000	3 576 000	3 218 000
Other Income	11 000	57 000	0
Revenue	3 525 000	3 632 000	3 218 000
Cost of Goods Sold	586 000	1 285 000	2 292 000
Salary Costs	75 000	234 000	68 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	3 384 000	6 705 000	3 192 000
Operating Profit	141 000	−3 072 000	27 000
Financial Income	0	0	0
Financial Costs	12 000	35 000	39 000
Financial Balance	−12 000	−35 000	−39 000
Dividends	0	0	0
Net Income	101 000	−2 424 000	−10 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	658 000	686 000	3 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	658 000	686 000	3 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	18 000	0	0
Total Current Assets	722 000	1 454 000	1 469 000
Total Assets	1 380 000	2 141 000	1 472 000
Total Equity	−2 303 000	−2 404 000	20 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	3 676 000	3 941 000	498 000
Unpaid Taxes	0	14 000	8 000
Dividends	0	0	0
Other Current Debt	7 000	22 000	6 000
Total Current Debt	3 683 000	4 544 000	1 452 000
Total Equity and Debt	1 380 000	2 141 000	1 472 000

Financial indicators	2022	2021	2020
Return on Equity	−4,39 %	100,83 %	−50 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	4 %	−84,58 %	0,84 %
Current Ratio	0,2	0,32	1,01
Quick Ratio	0,2	0,32	1,01
Equity Ratio	−1,67	−1,12	0,01
Gross Profit Margin	83,38 %	64,62 %	28,78 %