SMARTGROUP AS

1366 LYSAKER

Finances

Return on Equity

42,11 %

Current Ratio

2,2

Debt-to-Equity Ratio

−1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 580 000	2 594 000	2 330 000	592 000
Net Income	−2 582 000	−3 566 000	−2 633 000	−2 769 000
Total Assets	3 063 000	4 868 000	3 219 000	2 280 000
Total Equity	−6 131 000	−3 897 000	−331 000	559 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 580 000	2 594 000	2 330 000	592 000
Expenditure	4 077 000	6 115 000	4 889 000	3 350 000
Operating Profit	−2 497 000	−3 521 000	−2 559 000	−2 758 000
Financial Income	43 000	22 000	8 000	5 000
Financial Costs	128 000	67 000	82 000	16 000
Financial Balance	−85 000	−45 000	−74 000	−11 000
Earnings Before Tax	−2 582 000	−3 566 000	−2 633 000	−2 769 000
Tax	0	0	0	0
Net Income	−2 582 000	−3 566 000	−2 633 000	−2 769 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	536 000	603 000	780 000	604 000
Total Current Assets	2 527 000	4 266 000	2 439 000	1 676 000
Total Assets	3 063 000	4 868 000	3 219 000	2 280 000
Total Retained Equity	−7 366 000	−5 131 000	−1 565 000	−580 000
Total Equity	−6 131 000	−3 897 000	−331 000	559 000
Total Long-Term Debt	8 043 000	7 252 000	2 453 000	364 000
Total Current Debt	1 151 000	1 513 000	1 097 000	1 357 000
Total Equity and Debt	3 063 000	4 868 000	3 219 000	2 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 580 000	1 612 000	845 000	517 000
Other Income	0	982 000	1 485 000	75 000
Revenue	1 580 000	2 594 000	2 330 000	592 000
Cost of Goods Sold	731 000	1 384 000	762 000	1 259 000
Salary Costs	1 837 000	2 250 000	1 818 000	986 000
Depreciation	236 000	235 000	185 000	146 000
Impairment	0	0	0	0
Expenditure	4 077 000	6 115 000	4 889 000	3 350 000
Operating Profit	−2 497 000	−3 521 000	−2 559 000	−2 758 000
Financial Income	43 000	22 000	8 000	5 000
Financial Costs	128 000	67 000	82 000	16 000
Financial Balance	−85 000	−45 000	−74 000	−11 000
Dividends	0	0	0	0
Net Income	−2 582 000	−3 566 000	−2 633 000	−2 769 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	217 000	60 000	103 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	214 000	407 000	542 000	596 000
Total Tangible Assets	214 000	407 000	542 000	596 000
Total Fiancial Fixed Assets	105 000	135 000	135 000	0
Total Fixed Assets	536 000	603 000	780 000	604 000
Stock	1 830 000	2 049 000	759 000	594 000
Total Investments	0	0	0	0
Cash, Bank	115 000	589 000	183 000	132 000
Total Current Assets	2 527 000	4 266 000	2 439 000	1 676 000
Total Assets	3 063 000	4 868 000	3 219 000	2 280 000
Total Equity	−6 131 000	−3 897 000	−331 000	559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 043 000	7 252 000	2 453 000	364 000
Creditors	852 000	1 107 000	751 000	1 094 000
Unpaid Taxes	98 000	130 000	113 000	123 000
Dividends	0	0	0	0
Other Current Debt	201 000	276 000	233 000	141 000
Total Current Debt	1 151 000	1 513 000	1 097 000	1 357 000
Total Equity and Debt	3 063 000	4 868 000	3 219 000	2 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,11 %	91,51 %	795,47 %	−495,35 %
Debt-to-Equity Ratio	−1,31	−1,86	−7,41	0,65
Operating Profit Margin	−158,04 %	−135,74 %	−109,83 %	−465,88 %
Current Ratio	2,2	2,82	2,22	1,24
Quick Ratio	−3,72	−7,96	7,22	2,2
Equity Ratio	−2	−0,8	−0,1	0,25
Gross Profit Margin	53,73 %	46,65 %	67,3 %	−112,67 %