SIMOER AS

1357 BEKKESTUA

Finances

Return on Equity

−1,66 %

Current Ratio

8,96

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	529 000	538 000	485 000	585 000
Net Income	−265 000	278 000	240 000	−682 000
Total Assets	18 157 000	21 806 000	22 352 000	23 023 000
Total Equity	15 945 000	16 210 000	15 932 000	16 691 000

Income (NOK)	2022	2021	2020	2019
Revenue	529 000	538 000	485 000	585 000
Expenditure	655 000	208 000	352 000	1 165 000
Operating Profit	−126 000	330 000	133 000	−580 000
Financial Income	38 000	190 000	344 000	55 000
Financial Costs	227 000	204 000	238 000	278 000
Financial Balance	−189 000	−14 000	106 000	−223 000
Earnings Before Tax	−315 000	316 000	239 000	−803 000
Tax	−49 000	37 000	−1 000	−122 000
Net Income	−265 000	278 000	240 000	−682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 965 000	21 734 000	21 888 000	21 944 000
Total Current Assets	1 192 000	71 000	464 000	1 079 000
Total Assets	18 157 000	21 806 000	22 352 000	23 023 000
Total Retained Equity	13 000	278 000	0	0
Total Equity	15 945 000	16 210 000	15 932 000	16 691 000
Total Long-Term Debt	2 079 000	5 358 000	5 650 000	5 956 000
Total Current Debt	133 000	238 000	770 000	375 000
Total Equity and Debt	18 157 000	21 806 000	22 352 000	23 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	485 000	585 000
Other Income	529 000	538 000	0	0
Revenue	529 000	538 000	485 000	585 000
Cost of Goods Sold	268 000	145 000	158 000	415 000
Salary Costs	0	0	117 000	117 000
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	655 000	208 000	352 000	1 165 000
Operating Profit	−126 000	330 000	133 000	−580 000
Financial Income	38 000	190 000	344 000	55 000
Financial Costs	227 000	204 000	238 000	278 000
Financial Balance	−189 000	−14 000	106 000	−223 000
Dividends	0	0	1 000 000	3 400 000
Net Income	−265 000	278 000	240 000	−682 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 744 000	13 358 000	13 358 000	13 358 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	0	0	0
Total Tangible Assets	8 759 000	13 358 000	13 358 000	13 358 000
Total Fiancial Fixed Assets	8 206 000	8 376 000	8 530 000	8 586 000
Total Fixed Assets	16 965 000	21 734 000	21 888 000	21 944 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 187 000	71 000	439 000	1 079 000
Total Current Assets	1 192 000	71 000	464 000	1 079 000
Total Assets	18 157 000	21 806 000	22 352 000	23 023 000
Total Equity	15 945 000	16 210 000	15 932 000	16 691 000
Short-Term Group Debt	0	15 000	0	0
Total Long-Term Debt	2 079 000	5 358 000	5 650 000	5 956 000
Creditors	17 000	7 000	25 000	202 000
Unpaid Taxes	0	0	50 000	0
Dividends	0	0	1 000 000	3 400 000
Other Current Debt	81 000	125 000	119 000	160 000
Total Current Debt	133 000	238 000	770 000	375 000
Total Equity and Debt	18 157 000	21 806 000	22 352 000	23 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,66 %	1,71 %	1,51 %	−4,09 %
Debt-to-Equity Ratio	0,13	0,33	0,35	0,36
Operating Profit Margin	−23,82 %	61,34 %	27,42 %	−99,15 %
Current Ratio	8,96	0,3	0,6	2,88
Quick Ratio	8,96	0,3	0,6	2,88
Equity Ratio	0,88	0,74	0,71	0,72
Gross Profit Margin	49,34 %	73,05 %	67,42 %	29,06 %