SMART DRIVE AS

3414 LIERSTRANDA

Finances

Share Ownership

Return on Equity

12,22 %

Current Ratio

0,88

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	574 000	687 000	683 000	672 000
Net Income	276 000	243 000	217 000	210 000
Total Assets	5 933 000	6 075 000	6 078 000	6 078 000
Total Equity	2 259 000	1 982 000	1 739 000	1 522 000

Income (NOK)	2022	2021	2020	2019
Revenue	574 000	687 000	683 000	672 000
Expenditure	220 000	244 000	242 000	258 000
Operating Profit	354 000	444 000	441 000	414 000
Financial Income	0	0	0	0
Financial Costs	0	132 000	162 000	189 000
Financial Balance	0	−132 000	−162 000	−189 000
Earnings Before Tax	354 000	312 000	279 000	225 000
Tax	78 000	69 000	61 000	15 000
Net Income	276 000	243 000	217 000	210 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 288 000	5 402 000	5 520 000	5 637 000
Total Current Assets	645 000	673 000	558 000	440 000
Total Assets	5 933 000	6 075 000	6 078 000	6 078 000
Total Retained Equity	2 159 000	1 882 000	1 639 000	1 422 000
Total Equity	2 259 000	1 982 000	1 739 000	1 522 000
Total Long-Term Debt	2 942 000	3 345 000	3 588 000	3 830 000
Total Current Debt	732 000	748 000	751 000	727 000
Total Equity and Debt	5 933 000	6 075 000	6 078 000	6 078 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	574 000	687 000	683 000	672 000
Other Income	0	0	0	0
Revenue	574 000	687 000	683 000	672 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	45 000
Depreciation	114 000	118 000	118 000	122 000
Impairment	0	0	0	0
Expenditure	220 000	244 000	242 000	258 000
Operating Profit	354 000	444 000	441 000	414 000
Financial Income	0	0	0	0
Financial Costs	0	132 000	162 000	189 000
Financial Balance	0	−132 000	−162 000	−189 000
Dividends	0	0	0	0
Net Income	276 000	243 000	217 000	210 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 288 000	5 402 000	5 520 000	5 637 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 288 000	5 402 000	5 520 000	5 637 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 288 000	5 402 000	5 520 000	5 637 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	645 000	673 000	558 000	440 000
Total Current Assets	645 000	673 000	558 000	440 000
Total Assets	5 933 000	6 075 000	6 078 000	6 078 000
Total Equity	2 259 000	1 982 000	1 739 000	1 522 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 942 000	3 345 000	3 588 000	3 830 000
Creditors	0	0	0	−1 000
Unpaid Taxes	137 000	162 000	164 000	165 000
Dividends	0	0	0	0
Other Current Debt	553 000	553 000	562 000	562 000
Total Current Debt	732 000	748 000	751 000	727 000
Total Equity and Debt	5 933 000	6 075 000	6 078 000	6 078 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,22 %	12,26 %	12,48 %	13,8 %
Debt-to-Equity Ratio	1,3	1,69	2,06	2,52
Operating Profit Margin	61,67 %	64,63 %	64,57 %	61,61 %
Current Ratio	0,88	0,9	0,74	0,61
Quick Ratio	0,88	0,9	0,74	0,61
Equity Ratio	0,38	0,33	0,29	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %