SMART WORKING AS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

−29,83 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 990 000	2 634 000	3 150 000	2 338 000
Net Income	−122 000	478 000	580 000	610 000
Total Assets	1 697 000	1 886 000	1 906 000	1 253 000
Total Equity	409 000	531 000	852 000	573 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 990 000	2 634 000	3 150 000	2 338 000
Expenditure	3 005 000	2 021 000	2 403 000	1 555 000
Operating Profit	−15 000	614 000	748 000	782 000
Financial Income	1 000	0	0	2 000
Financial Costs	112 000	0	1 000	0
Financial Balance	−111 000	0	−1 000	2 000
Earnings Before Tax	−126 000	614 000	747 000	784 000
Tax	−5 000	135 000	167 000	174 000
Net Income	−122 000	478 000	580 000	610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	216 000	248 000	215 000	227 000
Total Current Assets	1 480 000	1 638 000	1 691 000	1 026 000
Total Assets	1 697 000	1 886 000	1 906 000	1 253 000
Total Retained Equity	379 000	501 000	822 000	543 000
Total Equity	409 000	531 000	852 000	573 000
Total Long-Term Debt	0	5 000	0	0
Total Current Debt	1 287 000	1 350 000	1 053 000	680 000
Total Equity and Debt	1 697 000	1 886 000	1 906 000	1 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 990 000	2 634 000	3 150 000	2 338 000
Other Income	0	0	0	0
Revenue	2 990 000	2 634 000	3 150 000	2 338 000
Cost of Goods Sold	776 000	440 000	848 000	170 000
Salary Costs	1 298 000	1 204 000	1 220 000	1 073 000
Depreciation	14 000	9 000	9 000	2 000
Impairment	0	0	0	0
Expenditure	3 005 000	2 021 000	2 403 000	1 555 000
Operating Profit	−15 000	614 000	748 000	782 000
Financial Income	1 000	0	0	2 000
Financial Costs	112 000	0	1 000	0
Financial Balance	−111 000	0	−1 000	2 000
Dividends	0	0	200 000	0
Net Income	−122 000	478 000	580 000	610 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	42 000	15 000	24 000
Total Tangible Assets	53 000	42 000	15 000	24 000
Total Fiancial Fixed Assets	100 000	205 000	200 000	200 000
Total Fixed Assets	216 000	248 000	215 000	227 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 229 000	1 336 000	903 000	564 000
Total Current Assets	1 480 000	1 638 000	1 691 000	1 026 000
Total Assets	1 697 000	1 886 000	1 906 000	1 253 000
Total Equity	409 000	531 000	852 000	573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	0	0
Creditors	154 000	149 000	145 000	35 000
Unpaid Taxes	155 000	120 000	293 000	169 000
Dividends	0	0	200 000	0
Other Current Debt	915 000	152 000	252 000	298 000
Total Current Debt	1 287 000	1 350 000	1 053 000	680 000
Total Equity and Debt	1 697 000	1 886 000	1 906 000	1 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,83 %	90,02 %	68,08 %	106,46 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	−0,5 %	23,31 %	23,75 %	33,45 %
Current Ratio	1,15	1,21	1,61	1,51
Quick Ratio	1,15	1,21	1,61	1,51
Equity Ratio	0,24	0,28	0,45	0,46
Gross Profit Margin	74,05 %	83,3 %	73,08 %	92,73 %