Digsmart AS

ASDissolved

Org 928077799Fabrikkaleen 4, 7168 LysøysundetBedriftsrådgivning og annen administrativ rådgivning· NACE 70220Est. 2021 · 4 years old1-4 employeeshttps://www.digsmart.no

Overview

Digsmart AS is a Norwegian AS based in Lysøysundet, operating in the Bedriftsrådgivning og annen administrativ rådgivning sector. Incorporated in 2021, the company reported revenue of NOK 1.5m in its latest annual filing.

Revenue 2023

1.5M NOK

+46% vs 2022

EBITDA margin

−15.3 %

−224% vs 2022

Net profit 2023

-0.2M NOK

-258% vs 2022

Key ratios

See full ratios →

-32.2 %

Very weak

Among the 20% lowest rated companies in the industry

20222023

0.8×

Weak

Among the 30% lowest rated companies in the industry

20222023

-134.1 %

Very weak

Among the 10% lowest rated companies in the industry

20222023

EBITDA — year on year

NOK thousands

Key figures

Annual report 2023

Revenue	1.5M NOK	+46%
EBITDA	-0.2M NOK	-224%
Net profit	-0.2M NOK	-258%
Total assets	0.2M NOK	-61%
Equity	-0.1M NOK	-132%
Employees	—	—

Contact

Address

Fabrikkaleen 4, 7168 Lysøysundet

Website

https://www.digsmart.no

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Financial development

In its most recent annual report (2023), Digsmart AS reported revenue of NOK 1.5m, an increase of 46% on the year before. The figures on this page draw on 2 annual filings covering 2022 to 2023. The bottom line showed a net loss of NOK 230.9k, and the EBITDA margin stood at -15.3%.

At the end of 2023, current assets covered short-term debt 0.8 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2023	2022
Revenue	1,516	1,036
Staff expenses	-1,707	-798
EBITDA	-232	187
Depreciation & amort.	-0	-0
EBIT	-232	187
Net financials	1	0
Profit before tax	-231	187
Tax	-0	41
Net profit	-231	146

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Balance sheet

NOK thousands

Item	2023	2022
Total assets	172	445
Equity	-56	175
Long-term debt	0	0
Short-term debt	228	270
Total debt	228	270

Financial ratios

5-year trend

EBITDA margin

-15.3 %

20222023

Equity ratio

-32.2 %

Very weak

Among the 20% lowest rated companies in the industry

20222023

Return on equity

—

20222023

Net profit margin

-15.2 %

Very weak

Among the 20% lowest rated companies in the industry

20222023

Asset turnover

8.80×

Very strong

Among the 10% highest rated companies in the industry

20222023

Debt / equity

—

20222023

Sector performance

21 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginAverage

Around the average of companies in the same industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginVery weak

Among the 20% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginVery weak

Among the 20% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on assets (ROA)Very weak

Among the 10% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Very weak

Among the 10% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioWeak

Among the 30% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 30% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Solidity ratioVery weak

Among the 20% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery weak

Among the 20% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Income to debtVery weak

Among the 10% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery weak

Among the 10% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 10% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Asset turnoverVery strong

Among the 10% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalVery weak

Among the 20% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


RG Ragnhild Gurine Åsrønning Chief Executive Officer	Chief Executive Officer	2021 – 2024

Board of directors

Non-executive oversight

Name	Role	Member since
Current (4)
RG Ragnhild Gurine Åsrønning Board of Directors	Board of Directors	2021
JS Jenny Smolan Chairman	Chairman	2021
MS Morten Sandmo Board of Directors	Board of Directors	2021
RO Rune Otterstad Board of Directors	Board of Directors	2022

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Digsmart AS also hold positions in 129 other companies.

Person	Role here	Other companies
Jenny Smolan	Chairman	92 companiesMany roles
Rune Otterstad	Board of Directors	19 companiesMany roles
Morten Sandmo	Board of Directors	13 companiesMany roles
Ragnhild Gurine Åsrønning	Chief Executive Officer	5 companies

Frequently asked questions

What is the Org number of Digsmart AS?

Digsmart AS is registered with Brønnøysundsregistrene under Org 928077799.

What is the revenue of Digsmart AS?

Digsmart AS reported revenue of NOK 1.5m in 2023.

Who is the chairman of Digsmart AS?

Jenny Smolan chairs the board of Digsmart AS.

Where is Digsmart AS headquartered?

Digsmart AS's registered address is Fabrikkaleen 4.