SIMENSEN RUSTFRI AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

48,58 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 858 000	5 586 000	4 800 000	5 849 000
Net Income	840 000	680 000	441 000	985 000
Total Assets	3 022 000	3 369 000	2 687 000	3 559 000
Total Equity	1 729 000	1 188 000	1 709 000	1 868 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 858 000	5 586 000	4 800 000	5 849 000
Expenditure	5 775 000	4 710 000	4 214 000	4 583 000
Operating Profit	1 083 000	877 000	585 000	1 266 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	7 000	6 000	22 000	4 000
Financial Balance	−5 000	−4 000	−20 000	−3 000
Earnings Before Tax	1 078 000	872 000	565 000	1 263 000
Tax	237 000	192 000	125 000	278 000
Net Income	840 000	680 000	441 000	985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	851 000	699 000	726 000	580 000
Total Current Assets	2 171 000	2 670 000	1 961 000	2 979 000
Total Assets	3 022 000	3 369 000	2 687 000	3 559 000
Total Retained Equity	1 629 000	1 088 000	1 609 000	1 768 000
Total Equity	1 729 000	1 188 000	1 709 000	1 868 000
Total Long-Term Debt	109 000	165 000	224 000	270 000
Total Current Debt	1 184 000	2 015 000	755 000	1 421 000
Total Equity and Debt	3 022 000	3 369 000	2 687 000	3 559 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 858 000	5 586 000	4 719 000	5 844 000
Other Income	0	0	80 000	5 000
Revenue	6 858 000	5 586 000	4 800 000	5 849 000
Cost of Goods Sold	1 632 000	1 335 000	1 018 000	1 379 000
Salary Costs	2 616 000	2 126 000	2 121 000	2 203 000
Depreciation	277 000	210 000	206 000	102 000
Impairment	0	0	0	0
Expenditure	5 775 000	4 710 000	4 214 000	4 583 000
Operating Profit	1 083 000	877 000	585 000	1 266 000
Financial Income	2 000	2 000	2 000	1 000
Financial Costs	7 000	6 000	22 000	4 000
Financial Balance	−5 000	−4 000	−20 000	−3 000
Dividends	300 000	1 200 000	600 000	500 000
Net Income	840 000	680 000	441 000	985 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	3 000	0	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	841 000	696 000	726 000	571 000
Total Tangible Assets	841 000	696 000	726 000	571 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	851 000	699 000	726 000	580 000
Stock	121 000	106 000	88 000	103 000
Total Investments	0	0	0	0
Cash, Bank	1 174 000	2 081 000	1 293 000	2 189 000
Total Current Assets	2 171 000	2 670 000	1 961 000	2 979 000
Total Assets	3 022 000	3 369 000	2 687 000	3 559 000
Total Equity	1 729 000	1 188 000	1 709 000	1 868 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	109 000	165 000	224 000	270 000
Creditors	137 000	171 000	91 000	107 000
Unpaid Taxes	257 000	238 000	337 000	337 000
Dividends	300 000	1 200 000	600 000	500 000
Other Current Debt	246 000	1 408 000	215 000	214 000
Total Current Debt	1 184 000	2 015 000	755 000	1 421 000
Total Equity and Debt	3 022 000	3 369 000	2 687 000	3 559 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,58 %	57,24 %	25,8 %	52,73 %
Debt-to-Equity Ratio	0,06	0,14	0,13	0,14
Operating Profit Margin	15,79 %	15,7 %	12,19 %	21,64 %
Current Ratio	1,83	1,33	2,6	2,1
Quick Ratio	2,04	1,4	2,94	2,26
Equity Ratio	0,57	0,35	0,64	0,52
Gross Profit Margin	76,2 %	76,1 %	78,79 %	76,42 %