K. SIMONSEN ANDØYA AS

8484 RISØYHAMN

Finances

Share Ownership

Return on Equity

76,22 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020
Revenue	3 148 000	4 074 000	3 991 000
Net Income	407 000	268 000	72 000
Total Assets	1 105 000	702 000	1 645 000
Total Equity	534 000	371 000	102 000

Income (NOK)	2022	2021	2020
Revenue	3 148 000	4 074 000	3 991 000
Expenditure	2 671 000	3 689 000	3 899 000
Operating Profit	477 000	385 000	93 000
Financial Income	5 000	1 000	0
Financial Costs	0	0	0
Financial Balance	5 000	1 000	0
Earnings Before Tax	481 000	386 000	93 000
Tax	74 000	117 000	20 000
Net Income	407 000	268 000	72 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	498 000	0	0
Total Current Assets	607 000	702 000	1 645 000
Total Assets	1 105 000	702 000	1 645 000
Total Retained Equity	504 000	341 000	72 000
Total Equity	534 000	371 000	102 000
Total Long-Term Debt	105 000	100 000	103 000
Total Current Debt	466 000	231 000	1 439 000
Total Equity and Debt	1 105 000	702 000	1 645 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 148 000	4 074 000	3 991 000
Other Income	0	0	0
Revenue	3 148 000	4 074 000	3 991 000
Cost of Goods Sold	232 000	2 256 000	3 228 000
Salary Costs	1 172 000	543 000	390 000
Depreciation	17 000	0	0
Impairment	0	0	0
Expenditure	2 671 000	3 689 000	3 899 000
Operating Profit	477 000	385 000	93 000
Financial Income	5 000	1 000	0
Financial Costs	0	0	0
Financial Balance	5 000	1 000	0
Dividends	0	0	0
Net Income	407 000	268 000	72 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	148 000	0	0
Total Tangible Assets	148 000	0	0
Total Fiancial Fixed Assets	350 000	0	0
Total Fixed Assets	498 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	418 000	536 000	1 016 000
Total Current Assets	607 000	702 000	1 645 000
Total Assets	1 105 000	702 000	1 645 000
Total Equity	534 000	371 000	102 000
Short-Term Group Debt	313 000	0	0
Total Long-Term Debt	105 000	100 000	103 000
Creditors	14 000	3 000	1 285 000
Unpaid Taxes	12 000	29 000	41 000
Dividends	0	0	0
Other Current Debt	126 000	78 000	96 000
Total Current Debt	466 000	231 000	1 439 000
Total Equity and Debt	1 105 000	702 000	1 645 000

Financial indicators	2022	2021	2020
Return on Equity	76,22 %	72,24 %	70,59 %
Debt-to-Equity Ratio	0,2	0,27	1,01
Operating Profit Margin	15,15 %	9,45 %	2,33 %
Current Ratio	1,3	3,04	1,14
Quick Ratio	1,3	3,04	1,14
Equity Ratio	0,48	0,53	0,06
Gross Profit Margin	92,63 %	44,62 %	19,12 %