SIMEX ELEKTRO AS

4034 STAVANGER

Finances

Share Ownership

Return on Equity

18,78 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 280 000	40 103 000	27 969 000	40 764 000
Net Income	837 000	1 782 000	−360 000	2 113 000
Total Assets	15 940 000	15 603 000	10 521 000	11 781 000
Total Equity	4 456 000	4 619 000	3 837 000	5 327 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 280 000	40 103 000	27 969 000	40 764 000
Expenditure	41 216 000	37 796 000	28 386 000	37 948 000
Operating Profit	1 064 000	2 307 000	−417 000	2 816 000
Financial Income	12 000	6 000	12 000	14 000
Financial Costs	18 000	16 000	33 000	44 000
Financial Balance	−6 000	−10 000	−21 000	−30 000
Earnings Before Tax	1 058 000	2 297 000	−438 000	2 786 000
Tax	221 000	515 000	−78 000	673 000
Net Income	837 000	1 782 000	−360 000	2 113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	884 000	23 000	137 000	299 000
Total Current Assets	15 057 000	15 580 000	10 384 000	11 482 000
Total Assets	15 940 000	15 603 000	10 521 000	11 781 000
Total Retained Equity	3 656 000	3 819 000	3 037 000	3 397 000
Total Equity	4 456 000	4 619 000	3 837 000	5 327 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 485 000	10 984 000	6 684 000	6 454 000
Total Equity and Debt	15 940 000	15 603 000	10 521 000	11 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 272 000	40 107 000	27 588 000	40 764 000
Other Income	8 000	−4 000	381 000	0
Revenue	42 280 000	40 103 000	27 969 000	40 764 000
Cost of Goods Sold	17 124 000	16 775 000	10 470 000	16 775 000
Salary Costs	19 890 000	17 076 000	14 360 000	17 788 000
Depreciation	163 000	114 000	162 000	217 000
Impairment	0	0	0	0
Expenditure	41 216 000	37 796 000	28 386 000	37 948 000
Operating Profit	1 064 000	2 307 000	−417 000	2 816 000
Financial Income	12 000	6 000	12 000	14 000
Financial Costs	18 000	16 000	33 000	44 000
Financial Balance	−6 000	−10 000	−21 000	−30 000
Dividends	1 000 000	1 000 000	0	0
Net Income	837 000	1 782 000	−360 000	2 113 000

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	731 000	23 000	137 000	299 000
Total Tangible Assets	731 000	23 000	137 000	299 000
Total Fiancial Fixed Assets	153 000	0	0	0
Total Fixed Assets	884 000	23 000	137 000	299 000
Stock	544 000	890 000	552 000	826 000
Total Investments	0	0	0	0
Cash, Bank	7 635 000	6 053 000	5 390 000	5 833 000
Total Current Assets	15 057 000	15 580 000	10 384 000	11 482 000
Total Assets	15 940 000	15 603 000	10 521 000	11 781 000
Total Equity	4 456 000	4 619 000	3 837 000	5 327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 669 000	3 833 000	2 351 000	1 218 000
Unpaid Taxes	3 946 000	3 050 000	2 034 000	2 151 000
Dividends	1 000 000	1 000 000	0	0
Other Current Debt	2 648 000	2 586 000	2 299 000	2 412 000
Total Current Debt	11 485 000	10 984 000	6 684 000	6 454 000
Total Equity and Debt	15 940 000	15 603 000	10 521 000	11 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,78 %	38,58 %	−9,38 %	39,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,52 %	5,75 %	−1,49 %	6,91 %
Current Ratio	1,31	1,42	1,55	1,78
Quick Ratio	1,38	1,54	1,69	2,04
Equity Ratio	0,28	0,3	0,36	0,45
Gross Profit Margin	59,5 %	58,17 %	62,57 %	58,85 %