SIMONNÆS INVEST AS

5179 GODVIK

Finances

Return on Equity

7,42 %

Current Ratio

1,16

Debt-to-Equity Ratio

3,51

Key figures (NOK)	2022	2021	2020
Revenue	515 000	630 000	1 420 000
Net Income	83 000	−206 000	372 000
Total Assets	5 946 000	6 541 000	702 000
Total Equity	1 118 000	189 000	395 000

Income (NOK)	2022	2021	2020
Revenue	515 000	630 000	1 420 000
Expenditure	182 000	726 000	935 000
Operating Profit	333 000	−97 000	484 000
Financial Income	4 000	0	0
Financial Costs	254 000	110 000	0
Financial Balance	−250 000	−110 000	0
Earnings Before Tax	83 000	−207 000	484 000
Tax	0	−1 000	112 000
Net Income	83 000	−206 000	372 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 903 000	6 354 000	99 000
Total Current Assets	1 042 000	187 000	602 000
Total Assets	5 946 000	6 541 000	702 000
Total Retained Equity	250 000	166 000	372 000
Total Equity	1 118 000	189 000	395 000
Total Long-Term Debt	3 926 000	4 933 000	1 000
Total Current Debt	902 000	1 419 000	306 000
Total Equity and Debt	5 946 000	6 541 000	702 000

Cash flow (NOK)	2022	2021	2020
Sales Income	41 000	603 000	1 420 000
Other Income	474 000	27 000	0
Revenue	515 000	630 000	1 420 000
Cost of Goods Sold	56 000	324 000	621 000
Salary Costs	1 000	8 000	68 000
Depreciation	13 000	10 000	2 000
Impairment	0	0	0
Expenditure	182 000	726 000	935 000
Operating Profit	333 000	−97 000	484 000
Financial Income	4 000	0	0
Financial Costs	254 000	110 000	0
Financial Balance	−250 000	−110 000	0
Dividends	0	0	0
Net Income	83 000	−206 000	372 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 186 000	6 237 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	54 000	67 000	54 000
Total Tangible Assets	4 240 000	6 304 000	54 000
Total Fiancial Fixed Assets	664 000	50 000	45 000
Total Fixed Assets	4 903 000	6 354 000	99 000
Stock	525 000	0	378 000
Total Investments	0	0	0
Cash, Bank	17 000	41 000	55 000
Total Current Assets	1 042 000	187 000	602 000
Total Assets	5 946 000	6 541 000	702 000
Total Equity	1 118 000	189 000	395 000
Short-Term Group Debt	297 000	1 135 000	147 000
Total Long-Term Debt	3 926 000	4 933 000	1 000
Creditors	588 000	48 000	32 000
Unpaid Taxes	0	18 000	1 000
Dividends	0	0	0
Other Current Debt	17 000	216 000	16 000
Total Current Debt	902 000	1 419 000	306 000
Total Equity and Debt	5 946 000	6 541 000	702 000

Financial indicators	2022	2021	2020
Return on Equity	7,42 %	−108,99 %	94,18 %
Debt-to-Equity Ratio	3,51	26,1	0
Operating Profit Margin	64,66 %	−15,4 %	34,08 %
Current Ratio	1,16	0,13	1,97
Quick Ratio	2,76	0,13	−8,36
Equity Ratio	0,19	0,03	0,56
Gross Profit Margin	89,13 %	48,57 %	56,27 %