SMART ELEKTRONIKK AS

5254 SANDSLI

Finances

Share Ownership

Return on Equity

68,13 %

Current Ratio

0,55

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	4 016 000	421 000	0
Net Income	−248 000	−146 000	0
Total Assets	699 000	95 000	24 000
Total Equity	−364 000	−117 000	30 000

Income (NOK)	2022	2021
Revenue	4 016 000	421 000
Expenditure	4 234 000	567 000
Operating Profit	−218 000	−146 000
Financial Income	0	0
Financial Costs	30 000	1 000
Financial Balance	−30 000	−1 000
Earnings Before Tax	−248 000	−146 000
Tax	0	0
Net Income	−248 000	−146 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	115 000	45 000	24 000
Total Current Assets	584 000	50 000	0
Total Assets	699 000	95 000	24 000
Total Retained Equity	−394 000	−147 000	0
Total Equity	−364 000	−117 000	30 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 063 000	212 000	−6 000
Total Equity and Debt	699 000	95 000	24 000

Cash flow (NOK)	2022	2021
Sales Income	4 016 000	421 000
Other Income	0	0
Revenue	4 016 000	421 000
Cost of Goods Sold	1 465 000	153 000
Salary Costs	2 094 000	285 000
Depreciation	10 000	0
Impairment	0	0
Expenditure	4 234 000	567 000
Operating Profit	−218 000	−146 000
Financial Income	0	0
Financial Costs	30 000	1 000
Financial Balance	−30 000	−1 000
Dividends	0	0
Net Income	−248 000	−146 000

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	115 000	15 000	0
Total Tangible Assets	115 000	15 000	0
Total Fiancial Fixed Assets	0	30 000	24 000
Total Fixed Assets	115 000	45 000	24 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	29 000	3 000	0
Total Current Assets	584 000	50 000	0
Total Assets	699 000	95 000	24 000
Total Equity	−364 000	−117 000	30 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	69 000	30 000	−6 000
Unpaid Taxes	616 000	55 000	0
Dividends	0	0	0
Other Current Debt	377 000	127 000	0
Total Current Debt	1 063 000	212 000	−6 000
Total Equity and Debt	699 000	95 000	24 000

Financial indicators	2022	2021	2020
Return on Equity	68,13 %	124,79 %	0 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	−5,43 %	−34,68 %	-
Current Ratio	0,55	0,24	−0
Quick Ratio	0,55	0,24	−0
Equity Ratio	−0,52	−1,23	1,25
Gross Profit Margin	63,52 %	63,66 %	-