SIMPLICITY DESIGN AS

4910 LYNGØR

Finances

Share Ownership

Return on Equity

67,36 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	45 000	335 000	243 000
Net Income	−130 000	−24 000	61 000	128 000
Total Assets	162 000	280 000	252 000	452 000
Total Equity	−193 000	−64 000	−40 000	−100 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	45 000	335 000	243 000
Expenditure	206 000	69 000	271 000	116 000
Operating Profit	−127 000	−24 000	64 000	127 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	0	3 000	0
Financial Balance	−3 000	0	−3 000	1 000
Earnings Before Tax	−130 000	−24 000	61 000	128 000
Tax	0	0	0	0
Net Income	−130 000	−24 000	61 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	162 000	280 000	252 000	452 000
Total Assets	162 000	280 000	252 000	452 000
Total Retained Equity	−282 000	−152 000	−128 000	−189 000
Total Equity	−193 000	−64 000	−40 000	−100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	355 000	343 000	291 000	552 000
Total Equity and Debt	162 000	280 000	252 000	452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 000	45 000	335 000	243 000
Other Income	0	0	0	0
Revenue	80 000	45 000	335 000	243 000
Cost of Goods Sold	41 000	20 000	149 000	0
Salary Costs	0	−5 000	14 000	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	206 000	69 000	271 000	116 000
Operating Profit	−127 000	−24 000	64 000	127 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	0	3 000	0
Financial Balance	−3 000	0	−3 000	1 000
Dividends	0	0	0	0
Net Income	−130 000	−24 000	61 000	128 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	31 000	38 000	38 000	38 000
Total Investments	0	0	0	0
Cash, Bank	21 000	48 000	27 000	2 000
Total Current Assets	162 000	280 000	252 000	452 000
Total Assets	162 000	280 000	252 000	452 000
Total Equity	−193 000	−64 000	−40 000	−100 000
Short-Term Group Debt	330 000	314 000	247 000	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	27 000	9 000	39 000
Unpaid Taxes	5 000	2 000	30 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	5 000	513 000
Total Current Debt	355 000	343 000	291 000	552 000
Total Equity and Debt	162 000	280 000	252 000	452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,36 %	37,5 %	−152,5 %	−128 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−158,75 %	−53,33 %	19,1 %	52,26 %
Current Ratio	0,46	0,82	0,87	0,82
Quick Ratio	0,5	0,92	1	0,88
Equity Ratio	−1,19	−0,23	−0,16	−0,22
Gross Profit Margin	48,75 %	55,56 %	55,52 %	100 %