SIMETO AS

4009 STAVANGER

Finances

Share Ownership

Return on Equity

−6,96 %

Current Ratio

23,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 140 000	148 000	559 000	814 000
Total Assets	17 091 000	18 118 000	19 075 000	19 116 000
Total Equity	16 368 000	17 508 000	17 960 000	17 901 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	72 000	34 000	43 000	63 000
Operating Profit	−72 000	−34 000	−43 000	−63 000
Financial Income	1 848 000	213 000	601 000	877 000
Financial Costs	2 759 000	30 000	0	0
Financial Balance	−911 000	183 000	601 000	877 000
Earnings Before Tax	−983 000	148 000	559 000	814 000
Tax	157 000	0	0	0
Net Income	−1 140 000	148 000	559 000	814 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	17 091 000	18 118 000	19 075 000	19 116 000
Total Assets	17 091 000	18 118 000	19 075 000	19 116 000
Total Retained Equity	16 291 000	17 432 000	17 883 000	17 824 000
Total Equity	16 368 000	17 508 000	17 960 000	17 901 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	723 000	610 000	1 116 000	1 215 000
Total Equity and Debt	17 091 000	18 118 000	19 075 000	19 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 000	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	72 000	34 000	43 000	63 000
Operating Profit	−72 000	−34 000	−43 000	−63 000
Financial Income	1 848 000	213 000	601 000	877 000
Financial Costs	2 759 000	30 000	0	0
Financial Balance	−911 000	183 000	601 000	877 000
Dividends	0	600 000	500 000	1 200 000
Net Income	−1 140 000	148 000	559 000	814 000

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	16 970 000	18 013 000	19 041 000	19 036 000
Cash, Bank	120 000	45 000	35 000	79 000
Total Current Assets	17 091 000	18 118 000	19 075 000	19 116 000
Total Assets	17 091 000	18 118 000	19 075 000	19 116 000
Total Equity	16 368 000	17 508 000	17 960 000	17 901 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	1 000	1 000
Dividends	0	600 000	500 000	1 200 000
Other Current Debt	566 000	10 000	615 000	14 000
Total Current Debt	723 000	610 000	1 116 000	1 215 000
Total Equity and Debt	17 091 000	18 118 000	19 075 000	19 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,96 %	0,85 %	3,11 %	4,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	23,64	29,7	17,09	15,73
Quick Ratio	23,64	29,7	17,09	15,73
Equity Ratio	0,96	0,97	0,94	0,94
Gross Profit Margin	-	-	-	-