SIMEX RØR AS

4033 STAVANGER

Finances

Return on Equity

18,95 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 476 000	66 465 000	41 461 000	28 207 000
Net Income	1 477 000	3 186 000	2 262 000	2 205 000
Total Assets	26 593 000	24 969 000	19 633 000	12 173 000
Total Equity	7 794 000	7 617 000	5 931 000	5 963 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 476 000	66 465 000	41 461 000	28 207 000
Expenditure	61 637 000	63 288 000	39 944 000	25 419 000
Operating Profit	3 838 000	3 177 000	1 518 000	2 789 000
Financial Income	772 000	1 158 000	1 087 000	1 000
Financial Costs	2 284 000	515 000	51 000	38 000
Financial Balance	−1 512 000	643 000	1 036 000	−37 000
Earnings Before Tax	2 326 000	3 820 000	2 554 000	2 751 000
Tax	848 000	633 000	292 000	546 000
Net Income	1 477 000	3 186 000	2 262 000	2 205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 104 000	2 171 000	718 000	624 000
Total Current Assets	23 489 000	22 798 000	18 914 000	11 549 000
Total Assets	26 593 000	24 969 000	19 633 000	12 173 000
Total Retained Equity	7 646 000	7 468 000	5 901 000	5 138 000
Total Equity	7 794 000	7 617 000	5 931 000	5 963 000
Total Long-Term Debt	1 957 000	736 000	292 000	0
Total Current Debt	16 842 000	16 616 000	13 410 000	6 210 000
Total Equity and Debt	26 593 000	24 969 000	19 633 000	12 173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 461 000	66 445 000	41 002 000	28 207 000
Other Income	15 000	20 000	459 000	0
Revenue	65 476 000	66 465 000	41 461 000	28 207 000
Cost of Goods Sold	28 508 000	34 159 000	20 958 000	11 841 000
Salary Costs	27 229 000	23 495 000	14 546 000	9 653 000
Depreciation	469 000	389 000	193 000	142 000
Impairment	0	0	0	0
Expenditure	61 637 000	63 288 000	39 944 000	25 419 000
Operating Profit	3 838 000	3 177 000	1 518 000	2 789 000
Financial Income	772 000	1 158 000	1 087 000	1 000
Financial Costs	2 284 000	515 000	51 000	38 000
Financial Balance	−1 512 000	643 000	1 036 000	−37 000
Dividends	1 300 000	0	1 500 000	0
Net Income	1 477 000	3 186 000	2 262 000	2 205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	346 000	332 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 242 000	1 160 000	485 000	253 000
Fixtures	138 000	178 000	233 000	371 000
Total Tangible Assets	1 380 000	1 338 000	718 000	624 000
Total Fiancial Fixed Assets	1 378 000	501 000	0	0
Total Fixed Assets	3 104 000	2 171 000	718 000	624 000
Stock	0	0	0	200 000
Total Investments	5 362 000	5 233 000	5 607 000	3 104 000
Cash, Bank	5 706 000	7 737 000	4 167 000	2 174 000
Total Current Assets	23 489 000	22 798 000	18 914 000	11 549 000
Total Assets	26 593 000	24 969 000	19 633 000	12 173 000
Total Equity	7 794 000	7 617 000	5 931 000	5 963 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 957 000	736 000	292 000	0
Creditors	4 237 000	3 844 000	5 564 000	1 603 000
Unpaid Taxes	3 280 000	3 508 000	1 702 000	1 441 000
Dividends	1 300 000	0	1 500 000	0
Other Current Debt	8 464 000	8 007 000	4 644 000	2 620 000
Total Current Debt	16 842 000	16 616 000	13 410 000	6 210 000
Total Equity and Debt	26 593 000	24 969 000	19 633 000	12 173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,95 %	41,83 %	38,14 %	36,98 %
Debt-to-Equity Ratio	0,25	0,1	0,05	0
Operating Profit Margin	5,86 %	4,78 %	3,66 %	9,89 %
Current Ratio	1,39	1,37	1,41	1,86
Quick Ratio	1,39	1,37	1,41	1,92
Equity Ratio	0,29	0,31	0,3	0,49
Gross Profit Margin	56,46 %	48,61 %	49,45 %	58,02 %