SIMIS AS

7790 MALM

Finances

Share Ownership

Return on Equity

−17,5 %

Current Ratio

7,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 311 000	1 650 000	1 047 000	674 000
Net Income	−474 000	1 208 000	−427 000	−640 000
Total Assets	3 106 000	3 501 000	2 140 000	1 316 000
Total Equity	2 709 000	3 159 000	1 950 000	1 077 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 311 000	1 650 000	1 047 000	674 000
Expenditure	1 796 000	1 133 000	2 153 000	1 887 000
Operating Profit	−486 000	518 000	−1 105 000	−1 214 000
Financial Income	18 000	5 000	6 000	11 000
Financial Costs	6 000	1 000	0	0
Financial Balance	12 000	4 000	6 000	11 000
Earnings Before Tax	−474 000	521 000	−1 099 000	−1 203 000
Tax	0	0	0	0
Net Income	−474 000	1 208 000	−427 000	−640 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	47 000	39 000	55 000
Total Current Assets	3 074 000	3 455 000	2 101 000	1 261 000
Total Assets	3 106 000	3 501 000	2 140 000	1 316 000
Total Retained Equity	−742 000	−292 000	−1 500 000	−1 073 000
Total Equity	2 709 000	3 159 000	1 950 000	1 077 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	397 000	343 000	189 000	239 000
Total Equity and Debt	3 106 000	3 501 000	2 140 000	1 316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	471 000	638 000	827 000	262 000
Other Income	840 000	1 012 000	220 000	412 000
Revenue	1 311 000	1 650 000	1 047 000	674 000
Cost of Goods Sold	58 000	94 000	88 000	84 000
Salary Costs	1 374 000	1 004 000	1 962 000	1 770 000
Depreciation	14 000	20 000	17 000	0
Impairment	0	0	0	0
Expenditure	1 796 000	1 133 000	2 153 000	1 887 000
Operating Profit	−486 000	518 000	−1 105 000	−1 214 000
Financial Income	18 000	5 000	6 000	11 000
Financial Costs	6 000	1 000	0	0
Financial Balance	12 000	4 000	6 000	11 000
Dividends	0	0	0	0
Net Income	−474 000	1 208 000	−427 000	−640 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	25 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	47 000	14 000	20 000
Total Tangible Assets	33 000	47 000	14 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	47 000	39 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 074 000	3 306 000	1 993 000	698 000
Total Current Assets	3 074 000	3 455 000	2 101 000	1 261 000
Total Assets	3 106 000	3 501 000	2 140 000	1 316 000
Total Equity	2 709 000	3 159 000	1 950 000	1 077 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	110 000	39 000	−37 000	20 000
Dividends	0	0	0	0
Other Current Debt	288 000	304 000	226 000	218 000
Total Current Debt	397 000	343 000	189 000	239 000
Total Equity and Debt	3 106 000	3 501 000	2 140 000	1 316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,5 %	38,24 %	−21,9 %	−59,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−37,07 %	31,39 %	−105,54 %	−180,12 %
Current Ratio	7,74	10,07	11,12	5,28
Quick Ratio	7,74	10,07	11,12	5,28
Equity Ratio	0,87	0,9	0,91	0,82
Gross Profit Margin	95,58 %	94,3 %	91,6 %	87,54 %