SIMEN THORSEN AS

0377 OSLO

Finances

Share Ownership

Return on Equity

848,19 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 101 000	3 030 000	2 267 000	0
Net Income	704 000	963 000	745 000	−43 000
Total Assets	1 508 000	1 853 000	1 659 000	441 000
Total Equity	83 000	179 000	167 000	222 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 101 000	3 030 000	2 267 000	0
Expenditure	2 199 000	1 795 000	1 360 000	44 000
Operating Profit	902 000	1 235 000	907 000	−44 000
Financial Income	0	0	1 000	2 000
Financial Costs	−1 000	1 000	0	0
Financial Balance	1 000	−1 000	1 000	2 000
Earnings Before Tax	904 000	1 234 000	908 000	−43 000
Tax	200 000	272 000	162 000	0
Net Income	704 000	963 000	745 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 508 000	1 853 000	1 659 000	441 000
Total Assets	1 508 000	1 853 000	1 659 000	441 000
Total Retained Equity	38 000	134 000	122 000	177 000
Total Equity	83 000	179 000	167 000	222 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 425 000	1 674 000	1 492 000	219 000
Total Equity and Debt	1 508 000	1 853 000	1 659 000	441 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 101 000	3 030 000	2 267 000	0
Other Income	0	0	0	0
Revenue	3 101 000	3 030 000	2 267 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	2 063 000	1 603 000	1 244 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 199 000	1 795 000	1 360 000	44 000
Operating Profit	902 000	1 235 000	907 000	−44 000
Financial Income	0	0	1 000	2 000
Financial Costs	−1 000	1 000	0	0
Financial Balance	1 000	−1 000	1 000	2 000
Dividends	800 000	950 000	800 000	0
Net Income	704 000	963 000	745 000	−43 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 095 000	1 492 000	1 337 000	441 000
Total Current Assets	1 508 000	1 853 000	1 659 000	441 000
Total Assets	1 508 000	1 853 000	1 659 000	441 000
Total Equity	83 000	179 000	167 000	222 000
Short-Term Group Debt	800 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	3 000	11 000	1 000
Unpaid Taxes	234 000	277 000	191 000	0
Dividends	800 000	950 000	800 000	0
Other Current Debt	173 000	173 000	328 000	219 000
Total Current Debt	1 425 000	1 674 000	1 492 000	219 000
Total Equity and Debt	1 508 000	1 853 000	1 659 000	441 000

Financial indicators	2022	2021	2020	2019
Return on Equity	848,19 %	537,99 %	446,11 %	−19,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,09 %	40,76 %	40,01 %	-
Current Ratio	1,06	1,11	1,11	2,01
Quick Ratio	1,06	1,11	1,11	2,01
Equity Ratio	0,06	0,1	0,1	0,5
Gross Profit Margin	100 %	100 %	100 %	-