SMART IT AS

2406 ELVERUM

Finances

Return on Equity

−5,08 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 973 000	24 778 000	25 107 000	26 122 000
Net Income	−213 000	−878 000	−107 000	1 489 000
Total Assets	8 502 000	7 779 000	9 451 000	9 466 000
Total Equity	4 194 000	4 406 000	5 426 000	5 533 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 973 000	24 778 000	25 107 000	26 122 000
Expenditure	28 682 000	25 664 000	25 088 000	24 244 000
Operating Profit	291 000	−887 000	19 000	1 878 000
Financial Income	8 000	4 000	25 000	13 000
Financial Costs	512 000	8 000	44 000	12 000
Financial Balance	−504 000	−4 000	−19 000	1 000
Earnings Before Tax	−213 000	−891 000	−1 000	1 879 000
Tax	0	−14 000	107 000	390 000
Net Income	−213 000	−878 000	−107 000	1 489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	688 000	619 000	257 000	371 000
Total Current Assets	7 814 000	7 159 000	9 194 000	9 095 000
Total Assets	8 502 000	7 779 000	9 451 000	9 466 000
Total Retained Equity	597 000	956 000	1 833 000	1 940 000
Total Equity	4 194 000	4 406 000	5 426 000	5 533 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 308 000	3 372 000	4 026 000	3 933 000
Total Equity and Debt	8 502 000	7 779 000	9 451 000	9 466 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 686 000	24 627 000	24 989 000	25 843 000
Other Income	287 000	150 000	118 000	279 000
Revenue	28 973 000	24 778 000	25 107 000	26 122 000
Cost of Goods Sold	11 716 000	9 551 000	8 367 000	7 585 000
Salary Costs	15 212 000	14 104 000	14 283 000	12 188 000
Depreciation	80 000	86 000	101 000	40 000
Impairment	0	0	0	0
Expenditure	28 682 000	25 664 000	25 088 000	24 244 000
Operating Profit	291 000	−887 000	19 000	1 878 000
Financial Income	8 000	4 000	25 000	13 000
Financial Costs	512 000	8 000	44 000	12 000
Financial Balance	−504 000	−4 000	−19 000	1 000
Dividends	0	0	0	0
Net Income	−213 000	−878 000	−107 000	1 489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	119 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 000	138 000	193 000	160 000
Total Tangible Assets	76 000	138 000	193 000	160 000
Total Fiancial Fixed Assets	612 000	482 000	54 000	92 000
Total Fixed Assets	688 000	619 000	257 000	371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 554 000	3 071 000	5 075 000	3 737 000
Total Current Assets	7 814 000	7 159 000	9 194 000	9 095 000
Total Assets	8 502 000	7 779 000	9 451 000	9 466 000
Total Equity	4 194 000	4 406 000	5 426 000	5 533 000
Short-Term Group Debt	0	0	8 000	8 000
Total Long-Term Debt	0	0	0	0
Creditors	674 000	645 000	990 000	488 000
Unpaid Taxes	1 746 000	1 532 000	1 752 000	1 650 000
Dividends	0	0	0	0
Other Current Debt	1 889 000	1 195 000	1 275 000	1 396 000
Total Current Debt	4 308 000	3 372 000	4 026 000	3 933 000
Total Equity and Debt	8 502 000	7 779 000	9 451 000	9 466 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,08 %	−19,93 %	−1,97 %	26,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1 %	−3,58 %	0,08 %	7,19 %
Current Ratio	1,81	2,12	2,28	2,31
Quick Ratio	1,81	2,12	2,28	2,31
Equity Ratio	0,49	0,57	0,57	0,58
Gross Profit Margin	59,56 %	61,45 %	66,67 %	70,96 %