SIMSIM HONG AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

19,14 %

Current Ratio

0,96

Debt-to-Equity Ratio

2,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000 000	4 413 000	3 603 000	3 333 000
Net Income	195 000	116 000	326 000	−203 000
Total Assets	4 761 000	4 947 000	4 859 000	1 473 000
Total Equity	1 019 000	824 000	708 000	382 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000 000	4 413 000	3 603 000	3 333 000
Expenditure	3 627 000	4 137 000	3 214 000	3 529 000
Operating Profit	373 000	275 000	390 000	−196 000
Financial Income	0	0	0	0
Financial Costs	158 000	120 000	52 000	8 000
Financial Balance	−158 000	−120 000	−52 000	−8 000
Earnings Before Tax	215 000	156 000	338 000	−203 000
Tax	20 000	41 000	12 000	0
Net Income	195 000	116 000	326 000	−203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 017 000	4 186 000	4 557 000	859 000
Total Current Assets	744 000	761 000	303 000	614 000
Total Assets	4 761 000	4 947 000	4 859 000	1 473 000
Total Retained Equity	989 000	794 000	678 000	352 000
Total Equity	1 019 000	824 000	708 000	382 000
Total Long-Term Debt	2 967 000	3 199 000	3 433 000	677 000
Total Current Debt	775 000	925 000	718 000	414 000
Total Equity and Debt	4 761 000	4 947 000	4 859 000	1 473 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000 000	4 413 000	3 590 000	3 333 000
Other Income	0	0	12 000	0
Revenue	4 000 000	4 413 000	3 603 000	3 333 000
Cost of Goods Sold	1 014 000	1 085 000	923 000	908 000
Salary Costs	1 751 000	2 217 000	1 536 000	1 760 000
Depreciation	209 000	207 000	168 000	253 000
Impairment	0	0	0	0
Expenditure	3 627 000	4 137 000	3 214 000	3 529 000
Operating Profit	373 000	275 000	390 000	−196 000
Financial Income	0	0	0	0
Financial Costs	158 000	120 000	52 000	8 000
Financial Balance	−158 000	−120 000	−52 000	−8 000
Dividends	0	0	0	0
Net Income	195 000	116 000	326 000	−203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 722 000	3 800 000	3 879 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	283 000	386 000	514 000	643 000
Total Tangible Assets	4 005 000	4 186 000	4 393 000	643 000
Total Fiancial Fixed Assets	12 000	0	164 000	216 000
Total Fixed Assets	4 017 000	4 186 000	4 557 000	859 000
Stock	3 000	3 000	22 000	2 000
Total Investments	0	0	0	0
Cash, Bank	756 000	749 000	279 000	598 000
Total Current Assets	744 000	761 000	303 000	614 000
Total Assets	4 761 000	4 947 000	4 859 000	1 473 000
Total Equity	1 019 000	824 000	708 000	382 000
Short-Term Group Debt	0	157 000	123 000	0
Total Long-Term Debt	2 967 000	3 199 000	3 433 000	677 000
Creditors	55 000	66 000	27 000	78 000
Unpaid Taxes	136 000	180 000	164 000	196 000
Dividends	0	0	0	0
Other Current Debt	568 000	478 000	395 000	140 000
Total Current Debt	775 000	925 000	718 000	414 000
Total Equity and Debt	4 761 000	4 947 000	4 859 000	1 473 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,14 %	14,08 %	46,05 %	−53,14 %
Debt-to-Equity Ratio	2,91	3,88	4,85	1,77
Operating Profit Margin	9,33 %	6,23 %	10,82 %	−5,88 %
Current Ratio	0,96	0,82	0,42	1,48
Quick Ratio	0,96	0,83	0,44	1,49
Equity Ratio	0,21	0,17	0,15	0,26
Gross Profit Margin	74,65 %	75,41 %	74,38 %	72,76 %