SIMPLY NORDIC AS

3182 HORTEN

Finances

Share Ownership

Return on Equity

188,68 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	101 000	94 000	17 000
Net Income	−100 000	8 000	9 000
Total Assets	58 000	185 000	45 000
Total Equity	−53 000	47 000	39 000

Income (NOK)	2022	2021	2020
Revenue	101 000	94 000	17 000
Expenditure	196 000	84 000	5 000
Operating Profit	−95 000	9 000	12 000
Financial Income	2 000	0	0
Financial Costs	7 000	3 000	0
Financial Balance	−5 000	−3 000	0
Earnings Before Tax	−100 000	7 000	12 000
Tax	0	−1 000	3 000
Net Income	−100 000	8 000	9 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 000	2 000	0
Total Current Assets	56 000	183 000	45 000
Total Assets	58 000	185 000	45 000
Total Retained Equity	−83 000	17 000	9 000
Total Equity	−53 000	47 000	39 000
Total Long-Term Debt	0	0	0
Total Current Debt	111 000	138 000	6 000
Total Equity and Debt	58 000	185 000	45 000

Cash flow (NOK)	2022	2021	2020
Sales Income	101 000	93 000	17 000
Other Income	0	0	0
Revenue	101 000	94 000	17 000
Cost of Goods Sold	46 000	21 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	196 000	84 000	5 000
Operating Profit	−95 000	9 000	12 000
Financial Income	2 000	0	0
Financial Costs	7 000	3 000	0
Financial Balance	−5 000	−3 000	0
Dividends	0	0	0
Net Income	−100 000	8 000	9 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	2 000	2 000	0
Total Fixed Assets	2 000	2 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	55 000	111 000	40 000
Total Current Assets	56 000	183 000	45 000
Total Assets	58 000	185 000	45 000
Total Equity	−53 000	47 000	39 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	12 000	12 000	4 000
Unpaid Taxes	−2 000	4 000	0
Dividends	0	0	0
Other Current Debt	101 000	120 000	0
Total Current Debt	111 000	138 000	6 000
Total Equity and Debt	58 000	185 000	45 000

Financial indicators	2022	2021	2020
Return on Equity	188,68 %	17,02 %	23,08 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	−94,06 %	9,57 %	70,59 %
Current Ratio	0,5	1,33	7,5
Quick Ratio	0,5	1,33	7,5
Equity Ratio	−0,91	0,25	0,87
Gross Profit Margin	54,46 %	77,66 %	100 %