SMART4U GROUP AS

0377 OSLO

Finances

Share Ownership

Return on Equity

−173 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 794 000	2 505 000	2 589 000	2 133 000
Net Income	−2 633 000	−2 018 000	−2 473 000	−1 558 000
Total Assets	7 784 000	4 458 000	6 068 000	42 867 000
Total Equity	1 522 000	3 852 000	5 419 000	7 377 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 794 000	2 505 000	2 589 000	2 133 000
Expenditure	7 463 000	4 647 000	4 471 000	5 126 000
Operating Profit	−2 670 000	−2 142 000	−1 882 000	−2 993 000
Financial Income	1 000	11 000	162 000	949 000
Financial Costs	53 000	14 000	753 000	14 000
Financial Balance	−52 000	−3 000	−591 000	935 000
Earnings Before Tax	−2 722 000	−2 145 000	−2 473 000	−2 057 000
Tax	−89 000	−127 000	0	−500 000
Net Income	−2 633 000	−2 018 000	−2 473 000	−1 558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 770 000	145 000	157 000	98 000
Total Current Assets	6 014 000	4 313 000	5 912 000	42 769 000
Total Assets	7 784 000	4 458 000	6 068 000	42 867 000
Total Retained Equity	−1 634 000	1 014 000	3 031 000	5 504 000
Total Equity	1 522 000	3 852 000	5 419 000	7 377 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 262 000	605 000	650 000	35 490 000
Total Equity and Debt	7 784 000	4 458 000	6 068 000	42 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 794 000	913 000	1 165 000	167 000
Other Income	0	1 592 000	1 424 000	1 966 000
Revenue	4 794 000	2 505 000	2 589 000	2 133 000
Cost of Goods Sold	3 621 000	841 000	895 000	−58 000
Salary Costs	1 173 000	2 095 000	2 033 000	3 295 000
Depreciation	0	12 000	18 000	18 000
Impairment	0	0	0	0
Expenditure	7 463 000	4 647 000	4 471 000	5 126 000
Operating Profit	−2 670 000	−2 142 000	−1 882 000	−2 993 000
Financial Income	1 000	11 000	162 000	949 000
Financial Costs	53 000	14 000	753 000	14 000
Financial Balance	−52 000	−3 000	−591 000	935 000
Dividends	0	0	0	0
Net Income	−2 633 000	−2 018 000	−2 473 000	−1 558 000

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	12 000	30 000
Total Tangible Assets	0	0	12 000	30 000
Total Fiancial Fixed Assets	1 770 000	145 000	145 000	68 000
Total Fixed Assets	1 770 000	145 000	157 000	98 000
Stock	2 602 000	455 000	385 000	300 000
Total Investments	0	0	0	0
Cash, Bank	14 000	95 000	237 000	579 000
Total Current Assets	6 014 000	4 313 000	5 912 000	42 769 000
Total Assets	7 784 000	4 458 000	6 068 000	42 867 000
Total Equity	1 522 000	3 852 000	5 419 000	7 377 000
Short-Term Group Debt	1 982 000	12 000	12 000	34 552 000
Total Long-Term Debt	0	0	0	0
Creditors	3 520 000	122 000	248 000	380 000
Unpaid Taxes	33 000	129 000	162 000	211 000
Dividends	0	0	0	0
Other Current Debt	727 000	343 000	227 000	348 000
Total Current Debt	6 262 000	605 000	650 000	35 490 000
Total Equity and Debt	7 784 000	4 458 000	6 068 000	42 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−173 %	−52,39 %	−45,64 %	−21,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−55,69 %	−85,51 %	−72,69 %	−140,32 %
Current Ratio	0,96	7,13	9,1	1,21
Quick Ratio	1,64	28,75	22,31	1,22
Equity Ratio	0,2	0,86	0,89	0,17
Gross Profit Margin	24,47 %	66,43 %	65,43 %	102,72 %