SMRT AS

Org. no. 930754005 · SVEIO · Founded 2023

Score · fiscal year 2025

22of 100

How to read this: the company is ahead of 15 % of small companies in the same sector in 2025. What does this mean?

Rank: 33,677 of 38,671 · Handel

Profile

Beaver · Builder

Lower profitability, lower solidity

Position against comparable companies in 2025, not a verdict on the company. Based on profitability 21 and solidity 0 out of 100 among small companies in the same sector in 2025. Methodology

Against the sector

SMRT AS is 28 points below the median for small companies in the same sector in 2025.

Median score 50 among 36,111 companies.

Source: Register of Company Accounts and Central Coordinating RegisterFetched 27 October 2026Report an issue
Key figures · 2025

The numbers behind the score

The numbers behind the score · 2025
MeasureCompanyMedianAhead of
Operating revenue0 MNOK3 MNOK
Operating margin – 2.5% not compared
Profit margin – 2.2% shown, not part of the index
Return on assets −11.6% 4.0% 21 %
Equity ratio −91.3% 38.3% 9 %
Debt-to-equity – 0.99 not compared
Current ratio 11.75 1.70 90 %
Revenue growth −100.0% 3.5% 1 %

The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.

With an index of 22, SMRT AS does better than 15% of small companies in the same sector (36,580 companies) in 2025.

Over time

Score 2023–2025

CompanyMedian0255075100202320242025
  • SMRT AS
  • Median: small companies in the same sector
Summary analysis

SMRT AS has a score of 22 for 2025, rank 33,677 of 38,671 in the sector.

Strongest: Liquidity: percentile 90 against peers, current ratio 11.75 against a median of 1.70.

Weakest: Solidity: percentile 0 against peers, equity ratio −91.3% against a median of 38.3%. Growth: percentile 1 against peers, revenue growth −100.0% against a median of 3.5%.

Worth a closer look

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2025

What the numbers say

SMRT AS had an operating margin of – and an equity ratio of −91.3% in 2025, and ranks 33,677 of 38,671 in Handel.

From 2024 to 2025: revenue fell by 100% and the equity ratio fell from −77.8% to −91.3%.

This text is generated automatically from the 2025 accounts.

Estimated value · 2025

Three simple methods

MethodInputMultipleEstimate
P/E Net profit: 0.0 MNOK 10.0 not meaningful
EV/EBIT Operating profit: 0.0 MNOK 8.0 not meaningful
P/B Equity: 0.0 MNOK 1.0 not meaningful

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2025

Worth a closer look

  • critical

    Equity is negative. How will it be rebuilt, and what do lenders and the auditor say about going concern?

    Based on: Equity ratio −91.3% (median 38.3%).

  • watch

    The company made a loss before tax. Are these one-off items or a pattern?

    Based on: Profit margin – (median 2.2%).

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.0% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

Data quality

  • critical Negative equity
Stress test · 2017

Scenario analysis: the sector's weakest year

We have no accounts for 2017, the sector's weakest year, for this company.

The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2025

What the score is made of

Profitability21 weight 30%
Solidity0 weight 25%
Liquidity90 weight 15%
Growth1 weight 15%
Consistency16 weight 15%

Durability: 30 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2025

Questions and answers

How profitable is SMRT AS?

The operating margin was – in 2025, against a median of 2.5% among small companies in the same sector. Return on assets was −11.6%. The company made a loss before tax.

How solid is SMRT AS?

The equity ratio was −91.3% in 2025 (median 38.3%). Equity is negative, so liabilities exceed assets.

What is the liquidity of SMRT AS like?

The current ratio was 11.75 in 2025 (median 1.70).

How does SMRT AS compare in Handel?

SMRT AS ranks 33,677 of 38,671 in Handel for 2025. Among companies of the same size (small companies) it ranks 31,255 of 36,580. Revenue changed by −100.0% from the year before.

From the Central Coordinating Register

Org. no.
930754005
Legal form
AS
Sector
Handel (47.559)
Size tier
small
Employees
0–4 (not registered)
Founded
5 January 2023 3 years in operation
Share capital
0.03 MNOK
Business address
Vågavegen 66, 5550 SVEIO
Municipality
Sveio rank 4–14 of 40 in KOSTRA group 1
Audit
Audit opted out from 1 February 2023
Latest accounts filed
2025
Website
www.smartkjokken.no

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Morten Rosenberg Waage
Chair of the board
Morten Rosenberg Waage

Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

Report an issue

Figures last fetched 27 October 2026.

Details

Year by year · 2023–2025

Key figure202320242025Trend
Index471922
Rank18,80033,33733,677
Operating margin1.6%−17.8%–
Return on assets10.9%−255.1%−11.6%
Equity ratio27.4%−77.8%−91.3%
Current ratio2.188.2611.75
Revenue growth–−68.1%−100.0%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202320242025
Operating revenue0.8 MNOK0.3 MNOK0.0 MNOK
Operating profit0.0 MNOK0.0 MNOK0.0 MNOK
Profit before tax0.0 MNOK0.0 MNOK0.0 MNOK
Net profit0.0 MNOK0.0 MNOK0.0 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets0.1 MNOK0.0 MNOK0.0 MNOK
Current assets0.1 MNOK0.0 MNOK0.0 MNOK
Equity0.0 MNOK0.0 MNOK0.0 MNOK
Retained earnings0.0 MNOK0.0 MNOK0.0 MNOK
Total liabilities0.1 MNOK0.0 MNOK0.0 MNOK
Current liabilities0.1 MNOK0.0 MNOK0.0 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 7185581.

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