SMARTSHIFT ROBOTICS AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

−17,71 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 882 000	5 400 000	3 613 000	6 086 000
Net Income	−1 111 000	−999 000	−1 168 000	620 000
Total Assets	11 372 000	6 566 000	5 896 000	7 133 000
Total Equity	6 274 000	1 385 000	2 384 000	3 552 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 882 000	5 400 000	3 613 000	6 086 000
Expenditure	6 749 000	6 363 000	4 386 000	5 381 000
Operating Profit	−1 111 000	−963 000	−945 000	762 000
Financial Income	141 000	47 000	27 000	34 000
Financial Costs	141 000	84 000	22 000	1 000
Financial Balance	0	−37 000	5 000	33 000
Earnings Before Tax	−1 111 000	−999 000	−940 000	795 000
Tax	0	0	228 000	175 000
Net Income	−1 111 000	−999 000	−1 168 000	620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 962 000	5 184 000	3 440 000	655 000
Total Current Assets	6 410 000	1 382 000	2 456 000	6 477 000
Total Assets	11 372 000	6 566 000	5 896 000	7 133 000
Total Retained Equity	174 000	1 285 000	2 284 000	3 452 000
Total Equity	6 274 000	1 385 000	2 384 000	3 552 000
Total Long-Term Debt	2 224 000	3 150 000	2 366 000	0
Total Current Debt	2 875 000	2 031 000	1 145 000	3 581 000
Total Equity and Debt	11 372 000	6 566 000	5 896 000	7 133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 880 000	5 251 000	3 587 000	5 899 000
Other Income	1 000	149 000	26 000	188 000
Revenue	4 882 000	5 400 000	3 613 000	6 086 000
Cost of Goods Sold	1 262 000	731 000	504 000	1 887 000
Salary Costs	3 291 000	3 830 000	2 219 000	2 041 000
Depreciation	247 000	154 000	203 000	185 000
Impairment	0	0	0	0
Expenditure	6 749 000	6 363 000	4 386 000	5 381 000
Operating Profit	−1 111 000	−963 000	−945 000	762 000
Financial Income	141 000	47 000	27 000	34 000
Financial Costs	141 000	84 000	22 000	1 000
Financial Balance	0	−37 000	5 000	33 000
Dividends	0	0	0	0
Net Income	−1 111 000	−999 000	−1 168 000	620 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	228 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 462 000	127 000	246 000	428 000
Fixtures	163 000	1 715 000	28 000	0
Total Tangible Assets	1 625 000	1 855 000	274 000	428 000
Total Fiancial Fixed Assets	3 337 000	3 329 000	3 165 000	0
Total Fixed Assets	4 962 000	5 184 000	3 440 000	655 000
Stock	1 240 000	486 000	321 000	493 000
Total Investments	0	0	0	0
Cash, Bank	4 670 000	205 000	1 509 000	3 177 000
Total Current Assets	6 410 000	1 382 000	2 456 000	6 477 000
Total Assets	11 372 000	6 566 000	5 896 000	7 133 000
Total Equity	6 274 000	1 385 000	2 384 000	3 552 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 224 000	3 150 000	2 366 000	0
Creditors	509 000	113 000	206 000	2 139 000
Unpaid Taxes	211 000	225 000	252 000	666 000
Dividends	0	0	0	0
Other Current Debt	1 667 000	1 132 000	687 000	777 000
Total Current Debt	2 875 000	2 031 000	1 145 000	3 581 000
Total Equity and Debt	11 372 000	6 566 000	5 896 000	7 133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,71 %	−72,13 %	−48,99 %	17,45 %
Debt-to-Equity Ratio	0,35	2,27	0,99	0
Operating Profit Margin	−22,76 %	−17,83 %	−26,16 %	12,52 %
Current Ratio	2,23	0,68	2,14	1,81
Quick Ratio	3,92	0,89	2,98	2,1
Equity Ratio	0,55	0,21	0,4	0,5
Gross Profit Margin	74,15 %	86,46 %	86,05 %	68,99 %