T SIMONSEN AS

3274 LARVIK

Finances

Share Ownership

Return on Equity

12,93 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 553 000	7 887 000	7 129 000	8 010 000
Net Income	165 000	83 000	184 000	−84 000
Total Assets	4 931 000	3 604 000	3 614 000	4 908 000
Total Equity	1 276 000	1 111 000	1 028 000	844 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 553 000	7 887 000	7 129 000	8 010 000
Expenditure	7 235 000	7 707 000	6 761 000	7 923 000
Operating Profit	318 000	180 000	368 000	86 000
Financial Income	3 000	5 000	4 000	4 000
Financial Costs	111 000	84 000	162 000	173 000
Financial Balance	−108 000	−79 000	−158 000	−169 000
Earnings Before Tax	210 000	101 000	210 000	−84 000
Tax	45 000	17 000	26 000	0
Net Income	165 000	83 000	184 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	1 000	1 000	1 000
Total Current Assets	4 930 000	3 603 000	3 613 000	4 907 000
Total Assets	4 931 000	3 604 000	3 614 000	4 908 000
Total Retained Equity	1 176 000	1 011 000	928 000	744 000
Total Equity	1 276 000	1 111 000	1 028 000	844 000
Total Long-Term Debt	142 000	242 000	342 000	400 000
Total Current Debt	3 513 000	2 251 000	2 244 000	3 665 000
Total Equity and Debt	4 931 000	3 604 000	3 614 000	4 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 553 000	7 796 000	7 022 000	8 010 000
Other Income	0	91 000	107 000	0
Revenue	7 553 000	7 887 000	7 129 000	8 010 000
Cost of Goods Sold	4 284 000	5 376 000	4 133 000	4 469 000
Salary Costs	1 291 000	620 000	910 000	1 717 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 235 000	7 707 000	6 761 000	7 923 000
Operating Profit	318 000	180 000	368 000	86 000
Financial Income	3 000	5 000	4 000	4 000
Financial Costs	111 000	84 000	162 000	173 000
Financial Balance	−108 000	−79 000	−158 000	−169 000
Dividends	0	0	0	0
Net Income	165 000	83 000	184 000	−84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 000	1 000	1 000	1 000
Stock	4 723 000	3 314 000	3 504 000	4 626 000
Total Investments	0	0	0	0
Cash, Bank	68 000	37 000	48 000	60 000
Total Current Assets	4 930 000	3 603 000	3 613 000	4 907 000
Total Assets	4 931 000	3 604 000	3 614 000	4 908 000
Total Equity	1 276 000	1 111 000	1 028 000	844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	142 000	242 000	342 000	400 000
Creditors	1 043 000	642 000	534 000	1 954 000
Unpaid Taxes	308 000	518 000	540 000	479 000
Dividends	0	0	0	0
Other Current Debt	1 160 000	321 000	367 000	506 000
Total Current Debt	3 513 000	2 251 000	2 244 000	3 665 000
Total Equity and Debt	4 931 000	3 604 000	3 614 000	4 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,93 %	7,47 %	17,9 %	−9,95 %
Debt-to-Equity Ratio	0,11	0,22	0,33	0,47
Operating Profit Margin	4,21 %	2,28 %	5,16 %	1,07 %
Current Ratio	1,4	1,6	1,61	1,34
Quick Ratio	−4,07	−3,39	−2,87	−5,11
Equity Ratio	0,26	0,31	0,28	0,17
Gross Profit Margin	43,28 %	31,84 %	42,03 %	44,21 %