SIMPLY FASHION AS

4027 STAVANGER

Finances

Share Ownership

Return on Equity

100,87 %

Current Ratio

0,94

Debt-to-Equity Ratio

−0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 874 000	11 624 000	10 626 000	7 885 000
Net Income	−462 000	−1 131 000	865 000	−68 000
Total Assets	5 527 000	3 838 000	3 070 000	1 874 000
Total Equity	−458 000	4 000	1 129 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 874 000	11 624 000	10 626 000	7 885 000
Expenditure	19 275 000	12 721 000	9 484 000	7 911 000
Operating Profit	−402 000	−1 097 000	1 143 000	−26 000
Financial Income	8 000	7 000	8 000	2 000
Financial Costs	68 000	40 000	55 000	45 000
Financial Balance	−60 000	−33 000	−47 000	−43 000
Earnings Before Tax	−462 000	−1 131 000	1 095 000	−69 000
Tax	0	0	230 000	−1 000
Net Income	−462 000	−1 131 000	865 000	−68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	107 000	13 000	27 000
Total Current Assets	5 460 000	3 731 000	3 058 000	1 847 000
Total Assets	5 527 000	3 838 000	3 070 000	1 874 000
Total Retained Equity	−488 000	−26 000	1 104 000	239 000
Total Equity	−458 000	4 000	1 129 000	263 000
Total Long-Term Debt	205 000	357 000	493 000	479 000
Total Current Debt	5 780 000	3 478 000	1 449 000	1 132 000
Total Equity and Debt	5 527 000	3 838 000	3 070 000	1 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 239 000	11 624 000	10 611 000	7 885 000
Other Income	635 000	0	16 000	0
Revenue	18 874 000	11 624 000	10 626 000	7 885 000
Cost of Goods Sold	12 792 000	7 728 000	6 385 000	5 757 000
Salary Costs	2 832 000	2 321 000	1 264 000	1 073 000
Depreciation	40 000	26 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	19 275 000	12 721 000	9 484 000	7 911 000
Operating Profit	−402 000	−1 097 000	1 143 000	−26 000
Financial Income	8 000	7 000	8 000	2 000
Financial Costs	68 000	40 000	55 000	45 000
Financial Balance	−60 000	−33 000	−47 000	−43 000
Dividends	0	0	0	0
Net Income	−462 000	−1 131 000	865 000	−68 000

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	67 000	107 000	13 000	27 000
Total Tangible Assets	67 000	107 000	13 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	67 000	107 000	13 000	27 000
Stock	2 418 000	3 079 000	2 341 000	1 108 000
Total Investments	0	0	0	0
Cash, Bank	350 000	268 000	468 000	274 000
Total Current Assets	5 460 000	3 731 000	3 058 000	1 847 000
Total Assets	5 527 000	3 838 000	3 070 000	1 874 000
Total Equity	−458 000	4 000	1 129 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	205 000	357 000	493 000	479 000
Creditors	3 655 000	1 598 000	307 000	459 000
Unpaid Taxes	1 144 000	930 000	301 000	246 000
Dividends	0	0	0	0
Other Current Debt	981 000	949 000	611 000	426 000
Total Current Debt	5 780 000	3 478 000	1 449 000	1 132 000
Total Equity and Debt	5 527 000	3 838 000	3 070 000	1 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100,87 %	−28 275 %	76,62 %	−25,86 %
Debt-to-Equity Ratio	−0,45	89,25	0,44	1,82
Operating Profit Margin	−2,13 %	−9,44 %	10,76 %	−0,33 %
Current Ratio	0,94	1,07	2,11	1,63
Quick Ratio	1,62	9,35	−3,43	76,96
Equity Ratio	−0,08	0	0,37	0,14
Gross Profit Margin	32,22 %	33,52 %	39,91 %	26,99 %