SIMEK HOLDING AS

6250 STORDAL

Finances

Return on Equity

1,44 %

Current Ratio

0,26

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 000	0	280 000	360 000
Net Income	14 000	−17 000	194 000	263 000
Total Assets	1 898 000	1 097 000	1 155 000	742 000
Total Equity	973 000	960 000	977 000	445 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 000	0	280 000	360 000
Expenditure	17 000	17 000	29 000	14 000
Operating Profit	15 000	−17 000	252 000	346 000
Financial Income	40 000	0	0	0
Financial Costs	42 000	0	2 000	8 000
Financial Balance	−2 000	0	−2 000	−8 000
Earnings Before Tax	14 000	−17 000	249 000	337 000
Tax	0	0	55 000	74 000
Net Income	14 000	−17 000	194 000	263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 858 000	1 068 000	1 068 000	730 000
Total Current Assets	41 000	30 000	87 000	12 000
Total Assets	1 898 000	1 097 000	1 155 000	742 000
Total Retained Equity	606 000	592 000	609 000	415 000
Total Equity	973 000	960 000	977 000	445 000
Total Long-Term Debt	770 000	0	0	74 000
Total Current Debt	155 000	137 000	178 000	223 000
Total Equity and Debt	1 898 000	1 097 000	1 155 000	742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 000	0	280 000	360 000
Other Income	0	0	0	0
Revenue	32 000	0	280 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 000	17 000	29 000	14 000
Operating Profit	15 000	−17 000	252 000	346 000
Financial Income	40 000	0	0	0
Financial Costs	42 000	0	2 000	8 000
Financial Balance	−2 000	0	−2 000	−8 000
Dividends	0	0	0	0
Net Income	14 000	−17 000	194 000	263 000

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	1 858 000	1 068 000	1 068 000	730 000
Total Fixed Assets	1 858 000	1 068 000	1 068 000	730 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	24 000	1 000	11 000
Total Current Assets	41 000	30 000	87 000	12 000
Total Assets	1 898 000	1 097 000	1 155 000	742 000
Total Equity	973 000	960 000	977 000	445 000
Short-Term Group Debt	140 000	140 000	0	0
Total Long-Term Debt	770 000	0	0	74 000
Creditors	0	0	1 000	4 000
Unpaid Taxes	2 000	0	62 000	85 000
Dividends	0	0	0	0
Other Current Debt	14 000	−2 000	60 000	61 000
Total Current Debt	155 000	137 000	178 000	223 000
Total Equity and Debt	1 898 000	1 097 000	1 155 000	742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,44 %	−1,77 %	19,86 %	59,1 %
Debt-to-Equity Ratio	0,79	0	0	0,17
Operating Profit Margin	46,88 %	-	90 %	96,11 %
Current Ratio	0,26	0,22	0,49	0,05
Quick Ratio	0,26	0,22	0,49	0,05
Equity Ratio	0,51	0,88	0,85	0,6
Gross Profit Margin	100 %	-	100 %	100 %