SIMON ARVESEN INVEST AS

6004 ÅLESUND

Finances

Return on Equity

7,35 %

Current Ratio

0,74

Debt-to-Equity Ratio

2,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	617 000	1 674 000	681 000	569 000
Net Income	78 000	961 000	−357 000	−468 000
Total Assets	6 268 000	6 647 000	7 295 000	6 952 000
Total Equity	1 061 000	983 000	22 000	379 000

Income (NOK)	2022	2021	2020	2019
Revenue	617 000	1 674 000	681 000	569 000
Expenditure	345 000	358 000	916 000	954 000
Operating Profit	272 000	1 316 000	−236 000	−385 000
Financial Income	0	0	0	4 000
Financial Costs	132 000	124 000	217 000	219 000
Financial Balance	−132 000	−124 000	−217 000	−215 000
Earnings Before Tax	140 000	1 192 000	−453 000	−601 000
Tax	62 000	231 000	−96 000	−132 000
Net Income	78 000	961 000	−357 000	−468 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 033 000	5 090 000	6 631 000	6 787 000
Total Current Assets	2 235 000	1 557 000	664 000	166 000
Total Assets	6 268 000	6 647 000	7 295 000	6 952 000
Total Retained Equity	431 000	353 000	−608 000	−251 000
Total Equity	1 061 000	983 000	22 000	379 000
Total Long-Term Debt	2 199 000	2 738 000	4 613 000	4 563 000
Total Current Debt	3 008 000	2 926 000	2 660 000	2 010 000
Total Equity and Debt	6 268 000	6 647 000	7 295 000	6 952 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	617 000	1 674 000	681 000	569 000
Revenue	617 000	1 674 000	681 000	569 000
Cost of Goods Sold	0	0	79 000	0
Salary Costs	0	0	0	2 000
Depreciation	93 000	89 000	108 000	148 000
Impairment	0	0	0	0
Expenditure	345 000	358 000	916 000	954 000
Operating Profit	272 000	1 316 000	−236 000	−385 000
Financial Income	0	0	0	4 000
Financial Costs	132 000	124 000	217 000	219 000
Financial Balance	−132 000	−124 000	−217 000	−215 000
Dividends	0	0	0	0
Net Income	78 000	961 000	−357 000	−468 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	203 000	107 000
Real Eastate	4 149 000	4 237 000	6 210 000	6 456 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	10 000	15 000
Total Tangible Assets	4 149 000	4 242 000	6 220 000	6 471 000
Total Fiancial Fixed Assets	−117 000	848 000	208 000	208 000
Total Fixed Assets	4 033 000	5 090 000	6 631 000	6 787 000
Stock	0	0	0	0
Total Investments	1 980 000	1 980 000	0	0
Cash, Bank	90 000	176 000	486 000	127 000
Total Current Assets	2 235 000	1 557 000	664 000	166 000
Total Assets	6 268 000	6 647 000	7 295 000	6 952 000
Total Equity	1 061 000	983 000	22 000	379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 199 000	2 738 000	4 613 000	4 563 000
Creditors	1 000	−58 000	1 000	1 000
Unpaid Taxes	0	0	0	10 000
Dividends	0	0	0	0
Other Current Debt	3 007 000	2 985 000	2 660 000	2 000 000
Total Current Debt	3 008 000	2 926 000	2 660 000	2 010 000
Total Equity and Debt	6 268 000	6 647 000	7 295 000	6 952 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,35 %	97,76 %	−1 622,73 %	−123,48 %
Debt-to-Equity Ratio	2,07	2,79	209,68	12,04
Operating Profit Margin	44,08 %	78,61 %	−34,65 %	−67,66 %
Current Ratio	0,74	0,53	0,25	0,08
Quick Ratio	0,74	0,53	0,25	0,08
Equity Ratio	0,17	0,15	0	0,05
Gross Profit Margin	100 %	100 %	88,4 %	100 %