SIMEN ØIAN GJERMUNDSEN AS

2316 HAMAR

Finances

Share Ownership

Return on Equity

90,32 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 581 000	2 896 000	2 448 000	2 072 000
Net Income	336 000	548 000	305 000	664 000
Total Assets	886 000	1 295 000	1 167 000	1 054 000
Total Equity	372 000	36 000	738 000	433 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 581 000	2 896 000	2 448 000	2 072 000
Expenditure	1 840 000	2 175 000	2 053 000	1 221 000
Operating Profit	741 000	720 000	395 000	851 000
Financial Income	9 000	0	1 000	1 000
Financial Costs	268 000	12 000	4 000	3 000
Financial Balance	−259 000	−12 000	−3 000	−2 000
Earnings Before Tax	482 000	708 000	392 000	849 000
Tax	147 000	160 000	87 000	184 000
Net Income	336 000	548 000	305 000	664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	35 000	59 000	27 000
Total Current Assets	875 000	1 260 000	1 108 000	1 027 000
Total Assets	886 000	1 295 000	1 167 000	1 054 000
Total Retained Equity	351 000	15 000	716 000	411 000
Total Equity	372 000	36 000	738 000	433 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	513 000	1 258 000	428 000	621 000
Total Equity and Debt	886 000	1 295 000	1 167 000	1 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 581 000	2 894 000	2 448 000	2 072 000
Other Income	0	2 000	0	0
Revenue	2 581 000	2 896 000	2 448 000	2 072 000
Cost of Goods Sold	67 000	100 000	0	59 000
Salary Costs	1 391 000	1 642 000	1 765 000	901 000
Depreciation	24 000	33 000	22 000	10 000
Impairment	0	0	0	0
Expenditure	1 840 000	2 175 000	2 053 000	1 221 000
Operating Profit	741 000	720 000	395 000	851 000
Financial Income	9 000	0	1 000	1 000
Financial Costs	268 000	12 000	4 000	3 000
Financial Balance	−259 000	−12 000	−3 000	−2 000
Dividends	0	1 250 000	0	250 000
Net Income	336 000	548 000	305 000	664 000

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	11 000	35 000	51 000	25 000
Total Tangible Assets	11 000	35 000	51 000	25 000
Total Fiancial Fixed Assets	0	0	7 000	2 000
Total Fixed Assets	11 000	35 000	59 000	27 000
Stock	0	0	0	0
Total Investments	0	493 000	0	0
Cash, Bank	712 000	619 000	1 003 000	930 000
Total Current Assets	875 000	1 260 000	1 108 000	1 027 000
Total Assets	886 000	1 295 000	1 167 000	1 054 000
Total Equity	372 000	36 000	738 000	433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	37 000	8 000	0	4 000
Unpaid Taxes	175 000	181 000	175 000	95 000
Dividends	0	1 250 000	0	250 000
Other Current Debt	155 000	159 000	166 000	88 000
Total Current Debt	513 000	1 258 000	428 000	621 000
Total Equity and Debt	886 000	1 295 000	1 167 000	1 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,32 %	1 522,22 %	41,33 %	153,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,71 %	24,86 %	16,14 %	41,07 %
Current Ratio	1,71	1	2,59	1,65
Quick Ratio	1,71	1	2,59	1,65
Equity Ratio	0,42	0,03	0,63	0,41
Gross Profit Margin	97,4 %	96,55 %	100 %	97,15 %