SMART CONNECT AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

6,18 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 000	53 000	46 000	25 000
Net Income	−91 000	−109 000	−757 000	−1 311 000
Total Assets	562 000	566 000	586 000	1 226 000
Total Equity	−1 472 000	−1 380 000	−1 272 000	−515 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 000	53 000	46 000	25 000
Expenditure	44 000	63 000	689 000	1 310 000
Operating Profit	13 000	−10 000	−643 000	−1 285 000
Financial Income	0	0	2 000	0
Financial Costs	104 000	99 000	115 000	25 000
Financial Balance	−104 000	−99 000	−113 000	−25 000
Earnings Before Tax	−91 000	−109 000	−757 000	−1 311 000
Tax	0	0	0	0
Net Income	−91 000	−109 000	−757 000	−1 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	556 000
Total Current Assets	562 000	566 000	586 000	670 000
Total Assets	562 000	566 000	586 000	1 226 000
Total Retained Equity	−5 134 000	−5 042 000	−4 934 000	−4 177 000
Total Equity	−1 472 000	−1 380 000	−1 272 000	−515 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 034 000	1 946 000	1 858 000	1 741 000
Total Equity and Debt	562 000	566 000	586 000	1 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 000	53 000	46 000	25 000
Other Income	0	0	0	0
Revenue	57 000	53 000	46 000	25 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−1 000	−10 000
Depreciation	0	0	556 000	799 000
Impairment	0	0	0	0
Expenditure	44 000	63 000	689 000	1 310 000
Operating Profit	13 000	−10 000	−643 000	−1 285 000
Financial Income	0	0	2 000	0
Financial Costs	104 000	99 000	115 000	25 000
Financial Balance	−104 000	−99 000	−113 000	−25 000
Dividends	0	0	0	0
Net Income	−91 000	−109 000	−757 000	−1 311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	534 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	23 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	556 000
Stock	140 000	140 000	140 000	140 000
Total Investments	0	0	0	0
Cash, Bank	44 000	11 000	0	2 000
Total Current Assets	562 000	566 000	586 000	670 000
Total Assets	562 000	566 000	586 000	1 226 000
Total Equity	−1 472 000	−1 380 000	−1 272 000	−515 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	66 000	66 000	64 000	72 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	448 000	463 000	475 000	460 000
Total Current Debt	2 034 000	1 946 000	1 858 000	1 741 000
Total Equity and Debt	562 000	566 000	586 000	1 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,18 %	7,9 %	59,51 %	254,56 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	22,81 %	−18,87 %	−1 397,83 %	−5 140 %
Current Ratio	0,28	0,29	0,32	0,38
Quick Ratio	0,3	0,31	0,34	0,42
Equity Ratio	−2,62	−2,44	−2,17	−0,42
Gross Profit Margin	100 %	100 %	100 %	100 %