SMARTWATT AS

0251 OSLO

Finances

Share Ownership

Return on Equity

4 006,06 %

Current Ratio

3,98

Debt-to-Equity Ratio

−15,41

Key figures (NOK)	2022	2021	2020
Revenue	1 378 000	978 000	329 000
Net Income	−5 288 000	−170 000	96 000
Total Assets	2 538 000	5 321 000	1 086 000
Total Equity	−132 000	5 156 000	126 000

Income (NOK)	2022	2021	2020
Revenue	1 378 000	978 000	329 000
Expenditure	6 597 000	1 192 000	206 000
Operating Profit	−5 220 000	−214 000	123 000
Financial Income	13 000	1 000	0
Financial Costs	33 000	6 000	0
Financial Balance	−20 000	−5 000	0
Earnings Before Tax	−5 240 000	−218 000	123 000
Tax	48 000	−48 000	27 000
Net Income	−5 288 000	−170 000	96 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	48 000	0
Total Current Assets	2 538 000	5 273 000	1 086 000
Total Assets	2 538 000	5 321 000	1 086 000
Total Retained Equity	−5 362 000	−74 000	96 000
Total Equity	−132 000	5 156 000	126 000
Total Long-Term Debt	2 034 000	3 000	0
Total Current Debt	637 000	161 000	960 000
Total Equity and Debt	2 538 000	5 321 000	1 086 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 378 000	978 000	179 000
Other Income	0	0	150 000
Revenue	1 378 000	978 000	329 000
Cost of Goods Sold	3 897 000	974 000	150 000
Salary Costs	2 049 000	1 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	6 597 000	1 192 000	206 000
Operating Profit	−5 220 000	−214 000	123 000
Financial Income	13 000	1 000	0
Financial Costs	33 000	6 000	0
Financial Balance	−20 000	−5 000	0
Dividends	0	0	0
Net Income	−5 288 000	−170 000	96 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	48 000	0
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	0	48 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 073 000	5 136 000	936 000
Total Current Assets	2 538 000	5 273 000	1 086 000
Total Assets	2 538 000	5 321 000	1 086 000
Total Equity	−132 000	5 156 000	126 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 034 000	3 000	0
Creditors	299 000	203 000	375 000
Unpaid Taxes	153 000	−42 000	77 000
Dividends	0	0	0
Other Current Debt	185 000	0	480 000
Total Current Debt	637 000	161 000	960 000
Total Equity and Debt	2 538 000	5 321 000	1 086 000

Financial indicators	2022	2021	2020
Return on Equity	4 006,06 %	−3,3 %	76,19 %
Debt-to-Equity Ratio	−15,41	0	0
Operating Profit Margin	−378,81 %	−21,88 %	37,39 %
Current Ratio	3,98	32,75	1,13
Quick Ratio	3,98	32,75	1,13
Equity Ratio	−0,05	0,97	0,12
Gross Profit Margin	−182,8 %	0,41 %	54,41 %