SIMENSEN EIENDOM AS

1710 SARPSBORG

Finances

Share Ownership

Return on Equity

31,55 %

Current Ratio

1,76

Debt-to-Equity Ratio

−2,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	634 000	664 000	674 000	663 000
Net Income	−306 000	−369 000	−582 000	−595 000
Total Assets	1 292 000	1 914 000	4 807 000	5 578 000
Total Equity	−970 000	−664 000	−295 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	634 000	664 000	674 000	663 000
Expenditure	819 000	832 000	984 000	997 000
Operating Profit	−185 000	−168 000	−309 000	−335 000
Financial Income	0	1 000	1 000	0
Financial Costs	121 000	202 000	273 000	343 000
Financial Balance	−121 000	−201 000	−272 000	−343 000
Earnings Before Tax	−306 000	−369 000	−582 000	−677 000
Tax	0	0	0	−82 000
Net Income	−306 000	−369 000	−582 000	−595 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	961 000	1 151 000	4 601 000	5 274 000
Total Current Assets	330 000	763 000	205 000	304 000
Total Assets	1 292 000	1 914 000	4 807 000	5 578 000
Total Retained Equity	−1 070 000	−764 000	−395 000	187 000
Total Equity	−970 000	−664 000	−295 000	287 000
Total Long-Term Debt	2 073 000	2 256 000	4 819 000	5 033 000
Total Current Debt	188 000	322 000	283 000	258 000
Total Equity and Debt	1 292 000	1 914 000	4 807 000	5 578 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	614 000	580 000	0	0
Other Income	20 000	84 000	674 000	663 000
Revenue	634 000	664 000	674 000	663 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	104 000	268 000	266 000
Depreciation	67 000	45 000	109 000	104 000
Impairment	0	0	0	0
Expenditure	819 000	832 000	984 000	997 000
Operating Profit	−185 000	−168 000	−309 000	−335 000
Financial Income	0	1 000	1 000	0
Financial Costs	121 000	202 000	273 000	343 000
Financial Balance	−121 000	−201 000	−272 000	−343 000
Dividends	0	0	0	0
Net Income	−306 000	−369 000	−582 000	−595 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	941 000	941 000	4 506 000	5 140 000
Machinery and Plant Facilities	21 000	45 000	69 000	92 000
Fixtures	0	166 000	26 000	41 000
Total Tangible Assets	961 000	1 151 000	4 601 000	5 274 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	961 000	1 151 000	4 601 000	5 274 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	321 000	754 000	205 000	304 000
Total Current Assets	330 000	763 000	205 000	304 000
Total Assets	1 292 000	1 914 000	4 807 000	5 578 000
Total Equity	−970 000	−664 000	−295 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 073 000	2 256 000	4 819 000	5 033 000
Creditors	20 000	9 000	5 000	14 000
Unpaid Taxes	3 000	1 000	26 000	38 000
Dividends	0	0	0	0
Other Current Debt	166 000	312 000	252 000	198 000
Total Current Debt	188 000	322 000	283 000	258 000
Total Equity and Debt	1 292 000	1 914 000	4 807 000	5 578 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,55 %	55,57 %	197,29 %	−207,32 %
Debt-to-Equity Ratio	−2,14	−3,4	−16,34	17,54
Operating Profit Margin	−29,18 %	−25,3 %	−45,85 %	−50,53 %
Current Ratio	1,76	2,37	0,72	1,18
Quick Ratio	1,76	2,37	0,72	1,18
Equity Ratio	−0,75	−0,35	−0,06	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %