SMART SYSTEM AS

5532 HAUGESUND

Finances

Return on Equity

−0,97 %

Current Ratio

37,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 000	76 000	76 000	76 000
Net Income	−65 000	316 000	314 000	268 000
Total Assets	6 778 000	6 940 000	6 711 000	7 113 000
Total Equity	6 727 000	6 856 000	6 633 000	7 029 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 000	76 000	76 000	76 000
Expenditure	322 000	64 000	19 000	20 000
Operating Profit	−245 000	13 000	57 000	56 000
Financial Income	177 000	351 000	308 000	281 000
Financial Costs	11 000	0	0	0
Financial Balance	166 000	351 000	308 000	281 000
Earnings Before Tax	−79 000	364 000	365 000	336 000
Tax	−14 000	48 000	51 000	69 000
Net Income	−65 000	316 000	314 000	268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 867 000	6 286 000	6 133 000	6 541 000
Total Current Assets	1 912 000	653 000	577 000	571 000
Total Assets	6 778 000	6 940 000	6 711 000	7 113 000
Total Retained Equity	6 627 000	6 756 000	6 533 000	6 929 000
Total Equity	6 727 000	6 856 000	6 633 000	7 029 000
Total Long-Term Debt	0	14 000	0	0
Total Current Debt	51 000	70 000	78 000	83 000
Total Equity and Debt	6 778 000	6 940 000	6 711 000	7 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 000	76 000	76 000	76 000
Other Income	0	0	0	0
Revenue	76 000	76 000	76 000	76 000
Cost of Goods Sold	0	0	0	0
Salary Costs	137 000	15 000	0	0
Depreciation	73 000	13 000	0	0
Impairment	0	0	0	0
Expenditure	322 000	64 000	19 000	20 000
Operating Profit	−245 000	13 000	57 000	56 000
Financial Income	177 000	351 000	308 000	281 000
Financial Costs	11 000	0	0	0
Financial Balance	166 000	351 000	308 000	281 000
Dividends	0	0	0	0
Net Income	−65 000	316 000	314 000	268 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	294 000	367 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	294 000	367 000	0	0
Total Fiancial Fixed Assets	4 573 000	5 919 000	6 133 000	6 541 000
Total Fixed Assets	4 867 000	6 286 000	6 133 000	6 541 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 338 000	87 000	26 000	80 000
Total Current Assets	1 912 000	653 000	577 000	571 000
Total Assets	6 778 000	6 940 000	6 711 000	7 113 000
Total Equity	6 727 000	6 856 000	6 633 000	7 029 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	14 000	0	0
Creditors	0	5 000	0	0
Unpaid Taxes	33 000	28 000	15 000	14 000
Dividends	0	0	0	0
Other Current Debt	18 000	2 000	11 000	0
Total Current Debt	51 000	70 000	78 000	83 000
Total Equity and Debt	6 778 000	6 940 000	6 711 000	7 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,97 %	4,61 %	4,73 %	3,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−322,37 %	17,11 %	75 %	73,68 %
Current Ratio	37,49	9,33	7,4	6,88
Quick Ratio	37,49	9,33	7,4	6,88
Equity Ratio	0,99	0,99	0,99	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %