SIMPLE SOLUTIONS TRANSPORT AS

2000 LILLESTRØM

Finances

Share Ownership

Return on Equity

24 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020
Revenue	11 389 000	11 471 000	3 922 000
Net Income	438 000	580 000	777 000
Total Assets	4 466 000	3 675 000	2 463 000
Total Equity	1 825 000	1 387 000	807 000

Income (NOK)	2022	2021	2020
Revenue	11 389 000	11 471 000	3 922 000
Expenditure	10 662 000	10 730 000	2 925 000
Operating Profit	727 000	741 000	998 000
Financial Income	1 000	14 000	0
Financial Costs	75 000	10 000	1 000
Financial Balance	−74 000	4 000	−1 000
Earnings Before Tax	653 000	745 000	996 000
Tax	215 000	165 000	219 000
Net Income	438 000	580 000	777 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	440 000	1 545 000	451 000
Total Current Assets	4 026 000	2 130 000	2 012 000
Total Assets	4 466 000	3 675 000	2 463 000
Total Retained Equity	1 795 000	1 357 000	777 000
Total Equity	1 825 000	1 387 000	807 000
Total Long-Term Debt	744 000	671 000	336 000
Total Current Debt	1 896 000	1 618 000	1 320 000
Total Equity and Debt	4 466 000	3 675 000	2 463 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 389 000	11 470 000	3 922 000
Other Income	0	1 000	0
Revenue	11 389 000	11 471 000	3 922 000
Cost of Goods Sold	3 635 000	2 524 000	0
Salary Costs	3 597 000	4 648 000	1 349 000
Depreciation	217 000	16 000	5 000
Impairment	0	0	0
Expenditure	10 662 000	10 730 000	2 925 000
Operating Profit	727 000	741 000	998 000
Financial Income	1 000	14 000	0
Financial Costs	75 000	10 000	1 000
Financial Balance	−74 000	4 000	−1 000
Dividends	0	0	0
Net Income	438 000	580 000	777 000

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	440 000	0	0
Fixtures	0	923 000	295 000
Total Tangible Assets	440 000	923 000	295 000
Total Fiancial Fixed Assets	0	621 000	156 000
Total Fixed Assets	440 000	1 545 000	451 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	414 000	733 000	862 000
Total Current Assets	4 026 000	2 130 000	2 012 000
Total Assets	4 466 000	3 675 000	2 463 000
Total Equity	1 825 000	1 387 000	807 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	744 000	671 000	336 000
Creditors	587 000	336 000	395 000
Unpaid Taxes	534 000	437 000	611 000
Dividends	0	0	0
Other Current Debt	537 000	721 000	110 000
Total Current Debt	1 896 000	1 618 000	1 320 000
Total Equity and Debt	4 466 000	3 675 000	2 463 000

Financial indicators	2022	2021	2020
Return on Equity	24 %	41,82 %	96,28 %
Debt-to-Equity Ratio	0,41	0,48	0,42
Operating Profit Margin	6,38 %	6,46 %	25,45 %
Current Ratio	2,12	1,32	1,52
Quick Ratio	2,12	1,32	1,52
Equity Ratio	0,41	0,38	0,33
Gross Profit Margin	68,08 %	78 %	100 %