SIMAG AS

1413 TÅRNÅSEN

Finances

Share Ownership

Return on Equity

86,86 %

Current Ratio

4,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	359 000	171 000	194 000
Net Income	271 000	132 000	152 000
Total Assets	404 000	246 000	230 000
Total Equity	312 000	41 000	66 000

Income (NOK)	2022	2021	2020
Revenue	359 000	171 000	194 000
Expenditure	11 000	1 000	1 000
Operating Profit	347 000	169 000	193 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	348 000	169 000	193 000
Tax	77 000	37 000	41 000
Net Income	271 000	132 000	152 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	404 000	246 000	230 000
Total Assets	404 000	246 000	230 000
Total Retained Equity	288 000	17 000	42 000
Total Equity	312 000	41 000	66 000
Total Long-Term Debt	0	0	0
Total Current Debt	92 000	205 000	164 000
Total Equity and Debt	404 000	246 000	230 000

Cash flow (NOK)	2022	2021	2020
Sales Income	359 000	171 000	194 000
Other Income	0	0	0
Revenue	359 000	171 000	194 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	11 000	1 000	1 000
Operating Profit	347 000	169 000	193 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	157 000	110 000
Net Income	271 000	132 000	152 000

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	0	0	0
Total Investments	0	0	0
Cash, Bank	378 000	219 000	99 000
Total Current Assets	404 000	246 000	230 000
Total Assets	404 000	246 000	230 000
Total Equity	312 000	41 000	66 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	5 000	10 000	12 000
Dividends	0	157 000	110 000
Other Current Debt	10 000	157 000	0
Total Current Debt	92 000	205 000	164 000
Total Equity and Debt	404 000	246 000	230 000

Financial indicators	2022	2021	2020
Return on Equity	86,86 %	321,95 %	230,3 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	96,66 %	98,83 %	99,48 %
Current Ratio	4,39	1,2	1,4
Quick Ratio	4,39	1,2	1,4
Equity Ratio	0,77	0,17	0,29
Gross Profit Margin	100 %	100 %	100 %