SMART ENGINEERING AS

4631 KRISTIANSAND S

Finances

Return on Equity

6,74 %

Current Ratio

22,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	429 000	562 000	641 000	250 000
Net Income	230 000	−266 000	544 000	1 369 000
Total Assets	3 524 000	3 367 000	3 540 000	3 127 000
Total Equity	3 414 000	3 184 000	3 450 000	3 057 000

Income (NOK)	2022	2021	2020	2019
Revenue	429 000	562 000	641 000	250 000
Expenditure	41 000	119 000	9 000	−2 440 000
Operating Profit	388 000	443 000	632 000	2 690 000
Financial Income	36 000	0	0	1 000
Financial Costs	101 000	612 000	0	1 322 000
Financial Balance	−65 000	−612 000	0	−1 321 000
Earnings Before Tax	323 000	−169 000	632 000	1 369 000
Tax	93 000	97 000	89 000	0
Net Income	230 000	−266 000	544 000	1 369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 019 000	1 127 000	1 730 000	1 721 000
Total Current Assets	2 505 000	2 240 000	1 811 000	1 405 000
Total Assets	3 524 000	3 367 000	3 540 000	3 127 000
Total Retained Equity	3 196 000	2 967 000	3 233 000	2 839 000
Total Equity	3 414 000	3 184 000	3 450 000	3 057 000
Total Long-Term Debt	0	13 000	0	0
Total Current Debt	110 000	170 000	90 000	70 000
Total Equity and Debt	3 524 000	3 367 000	3 540 000	3 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	429 000	562 000	641 000	250 000
Other Income	0	0	0	0
Revenue	429 000	562 000	641 000	250 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	41 000	119 000	9 000	−2 440 000
Operating Profit	388 000	443 000	632 000	2 690 000
Financial Income	36 000	0	0	1 000
Financial Costs	101 000	612 000	0	1 322 000
Financial Balance	−65 000	−612 000	0	−1 321 000
Dividends	0	0	150 000	0
Net Income	230 000	−266 000	544 000	1 369 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 019 000	1 127 000	1 730 000	1 721 000
Total Fixed Assets	1 019 000	1 127 000	1 730 000	1 721 000
Stock	0	0	0	0
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	1 116 000	1 191 000	614 000	237 000
Total Current Assets	2 505 000	2 240 000	1 811 000	1 405 000
Total Assets	3 524 000	3 367 000	3 540 000	3 127 000
Total Equity	3 414 000	3 184 000	3 450 000	3 057 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	13 000	0	0
Creditors	3 000	41 000	0	3 000
Unpaid Taxes	0	31 000	0	62 000
Dividends	0	0	150 000	0
Other Current Debt	14 000	0	1 000	5 000
Total Current Debt	110 000	170 000	90 000	70 000
Total Equity and Debt	3 524 000	3 367 000	3 540 000	3 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,74 %	−8,35 %	15,77 %	44,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90,44 %	78,83 %	98,6 %	1 076 %
Current Ratio	22,77	13,18	20,12	20,07
Quick Ratio	22,77	13,18	20,12	20,07
Equity Ratio	0,97	0,95	0,97	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %