ESMART SYSTEMS AS

1783 HALDEN

Finances

Return on Equity

−67,87 %

Current Ratio

2,45

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 623 000	69 809 000	64 536 000	63 927 000
Net Income	−143 539 000	−123 208 000	−94 361 000	−85 104 000
Total Assets	326 598 000	232 249 000	154 470 000	241 067 000
Total Equity	211 500 000	−20 626 000	68 948 000	169 535 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 623 000	69 809 000	64 536 000	63 927 000
Expenditure	233 478 000	188 979 000	153 701 000	148 051 000
Operating Profit	−143 855 000	−119 170 000	−89 165 000	−84 124 000
Financial Income	10 058 000	4 935 000	862 000	1 001 000
Financial Costs	11 107 000	9 922 000	6 049 000	14 525 000
Financial Balance	−1 049 000	−4 987 000	−5 187 000	−13 524 000
Earnings Before Tax	−144 904 000	−124 157 000	−94 352 000	−97 649 000
Tax	−1 365 000	−949 000	9 000	−12 544 000
Net Income	−143 539 000	−123 208 000	−94 361 000	−85 104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 352 000	167 502 000	80 105 000	116 905 000
Total Current Assets	175 246 000	64 747 000	74 365 000	124 163 000
Total Assets	326 598 000	232 249 000	154 470 000	241 067 000
Total Retained Equity	−535 302 000	−375 877 000	−250 303 000	−135 579 000
Total Equity	211 500 000	−20 626 000	68 948 000	169 535 000
Total Long-Term Debt	43 667 000	140 327 000	47 463 000	37 362 000
Total Current Debt	71 430 000	112 548 000	38 058 000	34 170 000
Total Equity and Debt	326 597 000	232 249 000	154 469 000	241 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	86 520 000	67 481 000	60 525 000	56 924 000
Other Income	3 103 000	2 328 000	4 011 000	7 004 000
Revenue	89 623 000	69 809 000	64 536 000	63 927 000
Cost of Goods Sold	29 610 000	19 553 000	25 538 000	14 869 000
Salary Costs	127 185 000	90 016 000	68 203 000	71 998 000
Depreciation	32 841 000	32 939 000	35 935 000	13 649 000
Impairment	6 075 000	10 372 000	7 185 000	24 047 000
Expenditure	233 478 000	188 979 000	153 701 000	148 051 000
Operating Profit	−143 855 000	−119 170 000	−89 165 000	−84 124 000
Financial Income	10 058 000	4 935 000	862 000	1 001 000
Financial Costs	11 107 000	9 922 000	6 049 000	14 525 000
Financial Balance	−1 049 000	−4 987 000	−5 187 000	−13 524 000
Dividends	0	0	0	0
Net Income	−143 539 000	−123 208 000	−94 361 000	−85 104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	72 324 000	72 324 000	0	0
Total Intangible Assets	140 651 000	149 807 000	78 215 000	113 835 000
Real Eastate	0	1 406 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 754 000	16 077 000	1 645 000	2 564 000
Total Tangible Assets	1 754 000	17 483 000	1 645 000	2 564 000
Total Fiancial Fixed Assets	8 947 000	212 000	245 000	506 000
Total Fixed Assets	151 352 000	167 502 000	80 105 000	116 905 000
Stock	0	0	0	0
Total Investments	0	1 811 000	5 000 000	11 600 000
Cash, Bank	149 563 000	13 777 000	57 804 000	93 510 000
Total Current Assets	175 246 000	64 747 000	74 365 000	124 163 000
Total Assets	326 598 000	232 249 000	154 470 000	241 067 000
Total Equity	211 500 000	−20 626 000	68 948 000	169 535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 667 000	140 327 000	47 463 000	37 362 000
Creditors	8 885 000	49 855 000	6 157 000	7 279 000
Unpaid Taxes	0	0	0	6 390 000
Dividends	0	0	0	0
Other Current Debt	62 545 000	26 186 000	31 901 000	20 501 000
Total Current Debt	71 430 000	112 548 000	38 058 000	34 170 000
Total Equity and Debt	326 597 000	232 249 000	154 469 000	241 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−67,87 %	597,34 %	−136,86 %	−50,2 %
Debt-to-Equity Ratio	0,21	−6,8	0,69	0,22
Operating Profit Margin	−160,51 %	−170,71 %	−138,16 %	−131,59 %
Current Ratio	2,45	0,58	1,95	3,63
Quick Ratio	2,45	0,58	1,95	3,63
Equity Ratio	0,65	−0,09	0,45	0,7
Gross Profit Margin	66,96 %	71,99 %	60,43 %	76,74 %