SMARTFISH AS

0283 OSLO

Finances

Share Ownership

Return on Equity

143,77 %

Current Ratio

1,16

Debt-to-Equity Ratio

−1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 714 000	13 256 000	14 870 000	16 803 000
Net Income	−16 410 000	−23 819 000	−21 097 000	−32 766 000
Total Assets	9 582 000	30 361 000	56 036 000	63 394 000
Total Equity	−11 414 000	4 997 000	28 790 000	36 061 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 714 000	13 256 000	14 870 000	16 803 000
Expenditure	28 687 000	37 288 000	38 720 000	44 443 000
Operating Profit	−15 973 000	−24 032 000	−23 850 000	−27 640 000
Financial Income	6 000	406 000	3 225 000	127 000
Financial Costs	443 000	193 000	463 000	5 239 000
Financial Balance	−437 000	213 000	2 762 000	−5 112 000
Earnings Before Tax	−16 410 000	−23 819 000	−21 088 000	−32 752 000
Tax	0	0	9 000	14 000
Net Income	−16 410 000	−23 819 000	−21 097 000	−32 766 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	807 000	939 000	2 111 000	2 438 000
Total Current Assets	8 775 000	29 422 000	53 925 000	60 956 000
Total Assets	9 582 000	30 361 000	56 036 000	63 394 000
Total Retained Equity	−20 892 000	−303 492 000	−279 619 000	−258 457 000
Total Equity	−11 414 000	4 997 000	28 790 000	36 061 000
Total Long-Term Debt	13 401 000	13 401 000	15 912 000	16 664 000
Total Current Debt	7 595 000	11 963 000	11 335 000	10 671 000
Total Equity and Debt	9 582 000	30 361 000	56 037 000	63 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 230 000	11 908 000	11 358 000	8 824 000
Other Income	1 485 000	1 348 000	3 512 000	7 979 000
Revenue	12 714 000	13 256 000	14 870 000	16 803 000
Cost of Goods Sold	4 893 000	6 516 000	6 744 000	6 371 000
Salary Costs	1 679 000	7 162 000	18 339 000	14 770 000
Depreciation	24 000	27 000	532 000	690 000
Impairment	0	0	0	0
Expenditure	28 687 000	37 288 000	38 720 000	44 443 000
Operating Profit	−15 973 000	−24 032 000	−23 850 000	−27 640 000
Financial Income	6 000	406 000	3 225 000	127 000
Financial Costs	443 000	193 000	463 000	5 239 000
Financial Balance	−437 000	213 000	2 762 000	−5 112 000
Dividends	0	0	0	0
Net Income	−16 410 000	−23 819 000	−21 097 000	−32 766 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	730 000	730 000	1 997 000	2 304 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 000	0	0	0
Fixtures	7 000	29 000	114 000	134 000
Total Tangible Assets	21 000	29 000	114 000	134 000
Total Fiancial Fixed Assets	55 000	180 000	0	0
Total Fixed Assets	807 000	939 000	2 111 000	2 438 000
Stock	922 000	2 998 000	2 374 000	1 847 000
Total Investments	0	0	0	0
Cash, Bank	4 961 000	23 643 000	49 467 000	40 159 000
Total Current Assets	8 775 000	29 422 000	53 925 000	60 956 000
Total Assets	9 582 000	30 361 000	56 036 000	63 394 000
Total Equity	−11 414 000	4 997 000	28 790 000	36 061 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 401 000	13 401 000	15 912 000	16 664 000
Creditors	4 799 000	5 772 000	3 422 000	2 539 000
Unpaid Taxes	343 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 453 000	6 191 000	7 913 000	8 132 000
Total Current Debt	7 595 000	11 963 000	11 335 000	10 671 000
Total Equity and Debt	9 582 000	30 361 000	56 037 000	63 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	143,77 %	−476,67 %	−73,28 %	−90,86 %
Debt-to-Equity Ratio	−1,17	2,68	0,55	0,46
Operating Profit Margin	−125,63 %	−181,29 %	−160,39 %	−164,49 %
Current Ratio	1,16	2,46	4,76	5,71
Quick Ratio	1,32	3,28	6,02	6,91
Equity Ratio	−1,19	0,16	0,51	0,57
Gross Profit Margin	61,51 %	50,84 %	54,65 %	62,08 %