SIMEK AS

6250 STORDAL

Finances

Share Ownership

Return on Equity

−35,51 %

Current Ratio

0,62

Debt-to-Equity Ratio

−24,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 504 000	6 835 000	7 506 000	7 170 000
Net Income	76 000	−282 000	229 000	33 000
Total Assets	8 369 000	3 171 000	2 330 000	2 143 000
Total Equity	−214 000	−289 000	520 000	290 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 504 000	6 835 000	7 506 000	7 170 000
Expenditure	8 211 000	7 118 000	7 156 000	7 065 000
Operating Profit	293 000	−283 000	351 000	105 000
Financial Income	3 000	1 000	2 000	10 000
Financial Costs	198 000	78 000	57 000	71 000
Financial Balance	−195 000	−77 000	−55 000	−61 000
Earnings Before Tax	98 000	−360 000	295 000	44 000
Tax	22 000	−78 000	66 000	11 000
Net Income	76 000	−282 000	229 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 310 000	949 000	349 000	291 000
Total Current Assets	2 059 000	2 222 000	1 981 000	1 853 000
Total Assets	8 369 000	3 171 000	2 330 000	2 143 000
Total Retained Equity	−636 000	−712 000	97 000	−132 000
Total Equity	−214 000	−289 000	520 000	290 000
Total Long-Term Debt	5 269 000	1 184 000	806 000	863 000
Total Current Debt	3 314 000	2 277 000	1 004 000	991 000
Total Equity and Debt	8 369 000	3 171 000	2 330 000	2 143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 809 000	6 202 000	7 186 000	6 490 000
Other Income	695 000	632 000	320 000	680 000
Revenue	8 504 000	6 835 000	7 506 000	7 170 000
Cost of Goods Sold	2 425 000	2 044 000	2 411 000	2 280 000
Salary Costs	3 414 000	2 758 000	2 375 000	2 342 000
Depreciation	161 000	64 000	51 000	38 000
Impairment	0	0	0	0
Expenditure	8 211 000	7 118 000	7 156 000	7 065 000
Operating Profit	293 000	−283 000	351 000	105 000
Financial Income	3 000	1 000	2 000	10 000
Financial Costs	198 000	78 000	57 000	71 000
Financial Balance	−195 000	−77 000	−55 000	−61 000
Dividends	0	0	0	0
Net Income	76 000	−282 000	229 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	599 000	683 000	147 000	213 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 515 000	27 000	37 000	20 000
Fixtures	197 000	238 000	164 000	58 000
Total Tangible Assets	5 712 000	266 000	202 000	78 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 310 000	949 000	349 000	291 000
Stock	1 250 000	1 022 000	974 000	849 000
Total Investments	0	0	0	0
Cash, Bank	207 000	81 000	53 000	512 000
Total Current Assets	2 059 000	2 222 000	1 981 000	1 853 000
Total Assets	8 369 000	3 171 000	2 330 000	2 143 000
Total Equity	−214 000	−289 000	520 000	290 000
Short-Term Group Debt	0	0	110 000	1 000
Total Long-Term Debt	5 269 000	1 184 000	806 000	863 000
Creditors	1 911 000	843 000	233 000	564 000
Unpaid Taxes	183 000	216 000	175 000	161 000
Dividends	0	0	0	0
Other Current Debt	1 219 000	1 135 000	307 000	266 000
Total Current Debt	3 314 000	2 277 000	1 004 000	991 000
Total Equity and Debt	8 369 000	3 171 000	2 330 000	2 143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,51 %	97,58 %	44,04 %	11,38 %
Debt-to-Equity Ratio	−24,62	−4,1	1,55	2,98
Operating Profit Margin	3,45 %	−4,14 %	4,68 %	1,46 %
Current Ratio	0,62	0,98	1,97	1,87
Quick Ratio	1	1,77	66,03	13,05
Equity Ratio	−0,03	−0,09	0,22	0,14
Gross Profit Margin	71,48 %	70,1 %	67,88 %	68,2 %