SIMPLIFY TEACHING AS

0684 OSLO

Finances

Share Ownership

Return on Equity

28,16 %

Current Ratio

4,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	105 000	291 000	390 000
Net Income	29 000	144 000	196 000
Total Assets	133 000	228 000	380 000
Total Equity	103 000	74 000	130 000

Income (NOK)	2022	2021	2020
Revenue	105 000	291 000	390 000
Expenditure	68 000	106 000	141 000
Operating Profit	37 000	185 000	249 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	37 000	185 000	249 000
Tax	8 000	41 000	54 000
Net Income	29 000	144 000	196 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	133 000	228 000	380 000
Total Assets	133 000	228 000	380 000
Total Retained Equity	69 000	40 000	96 000
Total Equity	103 000	74 000	130 000
Total Long-Term Debt	0	0	0
Total Current Debt	30 000	153 000	250 000
Total Equity and Debt	133 000	228 000	380 000

Cash flow (NOK)	2022	2021	2020
Sales Income	105 000	291 000	390 000
Other Income	0	0	0
Revenue	105 000	291 000	390 000
Cost of Goods Sold	15 000	36 000	51 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	68 000	106 000	141 000
Operating Profit	37 000	185 000	249 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	100 000	100 000
Net Income	29 000	144 000	196 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	110 000	53 000	57 000
Total Investments	0	0	0
Cash, Bank	20 000	165 000	282 000
Total Current Assets	133 000	228 000	380 000
Total Assets	133 000	228 000	380 000
Total Equity	103 000	74 000	130 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	20 000	1 000	21 000
Unpaid Taxes	2 000	12 000	33 000
Dividends	0	100 000	100 000
Other Current Debt	0	0	42 000
Total Current Debt	30 000	153 000	250 000
Total Equity and Debt	133 000	228 000	380 000

Financial indicators	2022	2021	2020
Return on Equity	28,16 %	194,59 %	150,77 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	35,24 %	63,57 %	63,85 %
Current Ratio	4,43	1,49	1,52
Quick Ratio	−1,66	2,28	1,97
Equity Ratio	0,77	0,32	0,34
Gross Profit Margin	85,71 %	87,63 %	86,92 %