SOMECS AS

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

493,62 %

Current Ratio

0,78

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 065 000	3 076 000	451 000	0
Net Income	−232 000	58 000	83 000	−15 000
Total Assets	399 000	679 000	290 000	64 000
Total Equity	−47 000	185 000	128 000	45 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 065 000	3 076 000	451 000	0
Expenditure	2 296 000	3 000 000	344 000	20 000
Operating Profit	−231 000	77 000	106 000	−20 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	0	0
Financial Balance	−3 000	−2 000	0	0
Earnings Before Tax	−234 000	75 000	106 000	−20 000
Tax	−2 000	17 000	23 000	−4 000
Net Income	−232 000	58 000	83 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	60 000	51 000	4 000
Total Current Assets	349 000	619 000	239 000	60 000
Total Assets	399 000	679 000	290 000	64 000
Total Retained Equity	−107 000	125 000	68 000	−15 000
Total Equity	−47 000	185 000	128 000	45 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	445 000	492 000	162 000	20 000
Total Equity and Debt	399 000	679 000	290 000	64 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 065 000	3 076 000	451 000	0
Other Income	0	0	0	0
Revenue	2 065 000	3 076 000	451 000	0
Cost of Goods Sold	339 000	847 000	248 000	0
Salary Costs	1 444 000	1 636 000	61 000	0
Depreciation	11 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	2 296 000	3 000 000	344 000	20 000
Operating Profit	−231 000	77 000	106 000	−20 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	0	0
Financial Balance	−3 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	−232 000	58 000	83 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	21 000	12 000	0
Total Tangible Assets	10 000	21 000	12 000	0
Total Fiancial Fixed Assets	39 000	39 000	39 000	0
Total Fixed Assets	49 000	60 000	51 000	4 000
Stock	53 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	48 000	174 000	108 000	60 000
Total Current Assets	349 000	619 000	239 000	60 000
Total Assets	399 000	679 000	290 000	64 000
Total Equity	−47 000	185 000	128 000	45 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	0
Creditors	65 000	111 000	8 000	0
Unpaid Taxes	141 000	205 000	42 000	0
Dividends	0	0	0	0
Other Current Debt	125 000	161 000	18 000	20 000
Total Current Debt	445 000	492 000	162 000	20 000
Total Equity and Debt	399 000	679 000	290 000	64 000

Financial indicators	2022	2021	2020	2019
Return on Equity	493,62 %	31,35 %	64,84 %	−33,33 %
Debt-to-Equity Ratio	−0	0,01	0	0
Operating Profit Margin	−11,19 %	2,5 %	23,5 %	-
Current Ratio	0,78	1,26	1,48	3
Quick Ratio	0,89	1,26	1,48	3
Equity Ratio	−0,12	0,27	0,44	0,7
Gross Profit Margin	83,58 %	72,46 %	45,01 %	-