SIMO MARINE AS

3744 SKIEN

Finances

Return on Equity

501,93 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 662 000	1 944 000	1 579 000	2 232 000
Net Income	2 344 000	875 000	−41 000	1 036 000
Total Assets	3 697 000	2 691 000	2 122 000	2 547 000
Total Equity	467 000	2 223 000	1 548 000	1 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 662 000	1 944 000	1 579 000	2 232 000
Expenditure	1 145 000	1 069 000	1 075 000	1 197 000
Operating Profit	1 517 000	875 000	504 000	1 035 000
Financial Income	1 606 000	255 000	139 000	425 000
Financial Costs	437 000	56 000	571 000	196 000
Financial Balance	1 169 000	199 000	−432 000	229 000
Earnings Before Tax	2 685 000	1 074 000	72 000	1 264 000
Tax	341 000	199 000	113 000	228 000
Net Income	2 344 000	875 000	−41 000	1 036 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 697 000	2 691 000	2 122 000	2 547 000
Total Assets	3 697 000	2 691 000	2 122 000	2 547 000
Total Retained Equity	437 000	2 193 000	1 518 000	1 809 000
Total Equity	467 000	2 223 000	1 548 000	1 839 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 230 000	468 000	574 000	708 000
Total Equity and Debt	3 697 000	2 691 000	2 122 000	2 547 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 662 000	1 944 000	1 579 000	2 232 000
Other Income	0	0	0	0
Revenue	2 662 000	1 944 000	1 579 000	2 232 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	905 000	913 000	896 000	970 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 145 000	1 069 000	1 075 000	1 197 000
Operating Profit	1 517 000	875 000	504 000	1 035 000
Financial Income	1 606 000	255 000	139 000	425 000
Financial Costs	437 000	56 000	571 000	196 000
Financial Balance	1 169 000	199 000	−432 000	229 000
Dividends	4 100 000	200 000	250 000	250 000
Net Income	2 344 000	875 000	−41 000	1 036 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	1 901 000	1 458 000	1 571 000	1 658 000
Cash, Bank	1 378 000	1 017 000	423 000	748 000
Total Current Assets	3 697 000	2 691 000	2 122 000	2 547 000
Total Assets	3 697 000	2 691 000	2 122 000	2 547 000
Total Equity	467 000	2 223 000	1 548 000	1 839 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	3 000
Unpaid Taxes	176 000	166 000	107 000	128 000
Dividends	4 100 000	200 000	250 000	250 000
Other Current Debt	313 000	103 000	104 000	349 000
Total Current Debt	3 230 000	468 000	574 000	708 000
Total Equity and Debt	3 697 000	2 691 000	2 122 000	2 547 000

Financial indicators	2022	2021	2020	2019
Return on Equity	501,93 %	39,36 %	−2,65 %	56,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,99 %	45,01 %	31,92 %	46,37 %
Current Ratio	1,14	5,75	3,7	3,6
Quick Ratio	1,14	5,75	3,7	3,6
Equity Ratio	0,13	0,83	0,73	0,72
Gross Profit Margin	100 %	100 %	99,94 %	100 %