SMARTTING AS

1914 YTRE ENEBAKK

Finances

Share Ownership

Return on Equity

347,5 %

Current Ratio

1,02

Debt-to-Equity Ratio

−1,78

Key figures (NOK)	2022	2021	2020
Revenue	849 000	691 000	206 000
Net Income	−139 000	8 000	36 000
Total Assets	287 000	137 000	132 000
Total Equity	−40 000	99 000	91 000

Income (NOK)	2022	2021	2020
Revenue	849 000	691 000	206 000
Expenditure	977 000	680 000	159 000
Operating Profit	−128 000	11 000	46 000
Financial Income	0	0	1 000
Financial Costs	11 000	1 000	1 000
Financial Balance	−11 000	−1 000	0
Earnings Before Tax	−139 000	10 000	46 000
Tax	0	2 000	10 000
Net Income	−139 000	8 000	36 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	27 000	0	0
Total Current Assets	260 000	137 000	132 000
Total Assets	287 000	137 000	132 000
Total Retained Equity	−95 000	44 000	36 000
Total Equity	−40 000	99 000	91 000
Total Long-Term Debt	71 000	0	0
Total Current Debt	256 000	39 000	41 000
Total Equity and Debt	287 000	137 000	132 000

Cash flow (NOK)	2022	2021	2020
Sales Income	841 000	689 000	206 000
Other Income	8 000	1 000	0
Revenue	849 000	691 000	206 000
Cost of Goods Sold	272 000	226 000	63 000
Salary Costs	377 000	242 000	58 000
Depreciation	3 000	0	0
Impairment	0	0	0
Expenditure	977 000	680 000	159 000
Operating Profit	−128 000	11 000	46 000
Financial Income	0	0	1 000
Financial Costs	11 000	1 000	1 000
Financial Balance	−11 000	−1 000	0
Dividends	0	0	0
Net Income	−139 000	8 000	36 000

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	27 000	0	0
Total Tangible Assets	27 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	27 000	0	0
Stock	55 000	64 000	53 000
Total Investments	0	0	0
Cash, Bank	53 000	42 000	73 000
Total Current Assets	260 000	137 000	132 000
Total Assets	287 000	137 000	132 000
Total Equity	−40 000	99 000	91 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	71 000	0	0
Creditors	37 000	0	7 000
Unpaid Taxes	102 000	11 000	19 000
Dividends	0	0	0
Other Current Debt	37 000	26 000	5 000
Total Current Debt	256 000	39 000	41 000
Total Equity and Debt	287 000	137 000	132 000

Financial indicators	2022	2021	2020
Return on Equity	347,5 %	8,08 %	39,56 %
Debt-to-Equity Ratio	−1,78	0	0
Operating Profit Margin	−15,08 %	1,59 %	22,33 %
Current Ratio	1,02	3,51	3,22
Quick Ratio	1,29	−5,48	−11
Equity Ratio	−0,14	0,72	0,69
Gross Profit Margin	67,96 %	67,29 %	69,42 %