SMART VVS AS

0580 OSLO

Finances

Return on Equity

−18,09 %

Current Ratio

0,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 431 000	1 230 000	3 261 000	3 204 000
Net Income	−17 000	−46 000	9 000	106 000
Total Assets	357 000	503 000	511 000	704 000
Total Equity	94 000	111 000	157 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 431 000	1 230 000	3 261 000	3 204 000
Expenditure	1 460 000	1 296 000	3 257 000	3 077 000
Operating Profit	−30 000	−66 000	3 000	127 000
Financial Income	14 000	6 000	7 000	9 000
Financial Costs	0	1 000	0	1 000
Financial Balance	14 000	5 000	7 000	8 000
Earnings Before Tax	−16 000	−61 000	10 000	135 000
Tax	0	−15 000	1 000	28 000
Net Income	−17 000	−46 000	9 000	106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	192 000	193 000	157 000	158 000
Total Current Assets	165 000	310 000	354 000	546 000
Total Assets	357 000	503 000	511 000	704 000
Total Retained Equity	64 000	81 000	127 000	117 000
Total Equity	94 000	111 000	157 000	147 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	263 000	392 000	354 000	556 000
Total Equity and Debt	357 000	503 000	511 000	704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 430 000	1 230 000	3 212 000	3 203 000
Other Income	1 000	0	49 000	2 000
Revenue	1 431 000	1 230 000	3 261 000	3 204 000
Cost of Goods Sold	457 000	366 000	1 126 000	1 174 000
Salary Costs	531 000	374 000	1 356 000	1 301 000
Depreciation	0	0	0	16 000
Impairment	0	0	0	0
Expenditure	1 460 000	1 296 000	3 257 000	3 077 000
Operating Profit	−30 000	−66 000	3 000	127 000
Financial Income	14 000	6 000	7 000	9 000
Financial Costs	0	1 000	0	1 000
Financial Balance	14 000	5 000	7 000	8 000
Dividends	0	0	0	0
Net Income	−17 000	−46 000	9 000	106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	88 000	74 000	74 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	104 000	104 000	83 000	83 000
Total Fixed Assets	192 000	193 000	157 000	158 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	97 000	50 000	172 000
Total Current Assets	165 000	310 000	354 000	546 000
Total Assets	357 000	503 000	511 000	704 000
Total Equity	94 000	111 000	157 000	147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	66 000	151 000	101 000	200 000
Unpaid Taxes	74 000	66 000	106 000	221 000
Dividends	0	0	0	0
Other Current Debt	124 000	175 000	147 000	135 000
Total Current Debt	263 000	392 000	354 000	556 000
Total Equity and Debt	357 000	503 000	511 000	704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,09 %	−41,44 %	5,73 %	72,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,1 %	−5,37 %	0,09 %	3,96 %
Current Ratio	0,63	0,79	1	0,98
Quick Ratio	0,63	0,79	1	0,98
Equity Ratio	0,26	0,22	0,31	0,21
Gross Profit Margin	68,06 %	70,24 %	65,47 %	63,36 %