SIMEN LINDHAGEN AS

0564 OSLO

Finances

Share Ownership

Return on Equity

1,81 %

Current Ratio

1,14

Debt-to-Equity Ratio

2,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 195 000	1 386 000	1 501 000	1 311 000
Net Income	3 000	−48 000	20 000	125 000
Total Assets	1 024 000	910 000	481 000	520 000
Total Equity	166 000	163 000	211 000	191 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 195 000	1 386 000	1 501 000	1 311 000
Expenditure	2 162 000	1 457 000	1 432 000	1 133 000
Operating Profit	33 000	−72 000	69 000	178 000
Financial Income	0	0	0	0
Financial Costs	23 000	10 000	10 000	9 000
Financial Balance	−23 000	−10 000	−10 000	−9 000
Earnings Before Tax	10 000	−81 000	59 000	169 000
Tax	7 000	−16 000	40 000	44 000
Net Income	3 000	−48 000	20 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	464 000	652 000	269 000	358 000
Total Current Assets	561 000	258 000	213 000	162 000
Total Assets	1 024 000	910 000	481 000	520 000
Total Retained Equity	136 000	133 000	181 000	161 000
Total Equity	166 000	163 000	211 000	191 000
Total Long-Term Debt	369 000	608 000	225 000	−13 000
Total Current Debt	490 000	139 000	45 000	342 000
Total Equity and Debt	1 024 000	910 000	481 000	520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 195 000	1 386 000	1 501 000	1 311 000
Other Income	0	0	0	0
Revenue	2 195 000	1 386 000	1 501 000	1 311 000
Cost of Goods Sold	92 000	5 000	11 000	0
Salary Costs	924 000	699 000	719 000	686 000
Depreciation	188 000	114 000	89 000	84 000
Impairment	0	0	0	0
Expenditure	2 162 000	1 457 000	1 432 000	1 133 000
Operating Profit	33 000	−72 000	69 000	178 000
Financial Income	0	0	0	0
Financial Costs	23 000	10 000	10 000	9 000
Financial Balance	−23 000	−10 000	−10 000	−9 000
Dividends	0	0	0	0
Net Income	3 000	−48 000	20 000	125 000

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	31 000	65 000	99 000	133 000
Fixtures	432 000	587 000	170 000	225 000
Total Tangible Assets	464 000	652 000	269 000	358 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	464 000	652 000	269 000	358 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	545 000	256 000	140 000	100 000
Total Current Assets	561 000	258 000	213 000	162 000
Total Assets	1 024 000	910 000	481 000	520 000
Total Equity	166 000	163 000	211 000	191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	369 000	608 000	225 000	−13 000
Creditors	309 000	80 000	−45 000	221 000
Unpaid Taxes	164 000	62 000	104 000	97 000
Dividends	0	0	0	0
Other Current Debt	17 000	−3 000	−31 000	−11 000
Total Current Debt	490 000	139 000	45 000	342 000
Total Equity and Debt	1 024 000	910 000	481 000	520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,81 %	−29,45 %	9,48 %	65,45 %
Debt-to-Equity Ratio	2,22	3,73	1,07	−0,07
Operating Profit Margin	1,5 %	−5,19 %	4,6 %	13,58 %
Current Ratio	1,14	1,86	4,73	0,47
Quick Ratio	1,14	1,86	4,73	0,47
Equity Ratio	0,16	0,18	0,44	0,37
Gross Profit Margin	95,81 %	99,64 %	99,27 %	100 %