SIMED AS

0787 OSLO

Finances

Return on Equity

3,57 %

Current Ratio

36,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 397 000	2 302 000	1 196 000	0
Net Income	605 000	496 000	−4 836 000	1 709 000
Total Assets	17 401 000	27 205 000	26 156 000	34 180 000
Total Equity	16 941 000	15 630 000	25 129 000	34 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 397 000	2 302 000	1 196 000	0
Expenditure	951 000	1 633 000	1 002 000	212 000
Operating Profit	445 000	668 000	194 000	−212 000
Financial Income	1 276 000	2 598 000	3 240 000	2 140 000
Financial Costs	1 117 000	2 457 000	8 068 000	219 000
Financial Balance	159 000	141 000	−4 828 000	1 921 000
Earnings Before Tax	605 000	810 000	−4 633 000	1 709 000
Tax	0	314 000	202 000	0
Net Income	605 000	496 000	−4 836 000	1 709 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	709 000	4 044 000	4 886 000	14 358 000
Total Current Assets	16 692 000	23 161 000	21 269 000	19 822 000
Total Assets	17 401 000	27 205 000	26 156 000	34 180 000
Total Retained Equity	9 079 000	7 768 000	17 267 000	26 202 000
Total Equity	16 941 000	15 630 000	25 129 000	34 064 000
Total Long-Term Debt	0	0	14 000	91 000
Total Current Debt	460 000	11 575 000	1 012 000	25 000
Total Equity and Debt	17 401 000	27 205 000	26 156 000	34 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 337 000	52 000	1 196 000	0
Other Income	60 000	2 250 000	0	0
Revenue	1 397 000	2 302 000	1 196 000	0
Cost of Goods Sold	2 000	690 000	56 000	0
Salary Costs	512 000	91 000	763 000	0
Depreciation	8 000	8 000	48 000	10 000
Impairment	0	0	0	0
Expenditure	951 000	1 633 000	1 002 000	212 000
Operating Profit	445 000	668 000	194 000	−212 000
Financial Income	1 276 000	2 598 000	3 240 000	2 140 000
Financial Costs	1 117 000	2 457 000	8 068 000	219 000
Financial Balance	159 000	141 000	−4 828 000	1 921 000
Dividends	0	10 000 000	4 100 000	0
Net Income	605 000	496 000	−4 836 000	1 709 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	8 000	175 000	275 000
Total Tangible Assets	0	8 000	175 000	275 000
Total Fiancial Fixed Assets	709 000	4 036 000	4 712 000	14 083 000
Total Fixed Assets	709 000	4 044 000	4 886 000	14 358 000
Stock	0	0	683 000	739 000
Total Investments	7 625 000	5 212 000	16 320 000	607 000
Cash, Bank	8 892 000	16 903 000	3 054 000	18 475 000
Total Current Assets	16 692 000	23 161 000	21 269 000	19 822 000
Total Assets	17 401 000	27 205 000	26 156 000	34 180 000
Total Equity	16 941 000	15 630 000	25 129 000	34 064 000
Short-Term Group Debt	0	1 494 000	854 000	0
Total Long-Term Debt	0	0	14 000	91 000
Creditors	19 000	39 000	0	25 000
Unpaid Taxes	36 000	0	63 000	0
Dividends	0	10 000 000	4 100 000	0
Other Current Debt	406 000	42 000	96 000	0
Total Current Debt	460 000	11 575 000	1 012 000	25 000
Total Equity and Debt	17 401 000	27 205 000	26 156 000	34 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,57 %	3,17 %	−19,24 %	5,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,85 %	29,02 %	16,22 %	-
Current Ratio	36,29	2	21,02	792,88
Quick Ratio	36,29	2	64,65	−27,76
Equity Ratio	0,97	0,57	0,96	1
Gross Profit Margin	99,86 %	70,03 %	95,32 %	-