OLE SIMON AS

4306 SANDNES

Finances

Return on Equity

46,52 %

Current Ratio

2,51

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	230 000	0	0	0
Net Income	408 000	−44 000	−23 000	−28 000
Total Assets	3 378 000	36 000	35 000	23 000
Total Equity	877 000	−400 000	−356 000	−333 000

Income (NOK)	2022	2021	2020	2019
Revenue	230 000	0	0	0
Expenditure	59 000	44 000	23 000	28 000
Operating Profit	170 000	−44 000	−23 000	−28 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	170 000	−44 000	−23 000	−28 000
Tax	−238 000	0	0	0
Net Income	408 000	−44 000	−23 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 222 000	0	0	0
Total Current Assets	1 155 000	36 000	35 000	23 000
Total Assets	3 378 000	36 000	35 000	23 000
Total Retained Equity	−281 000	−700 000	−656 000	−633 000
Total Equity	877 000	−400 000	−356 000	−333 000
Total Long-Term Debt	2 040 000	0	0	0
Total Current Debt	460 000	436 000	391 000	356 000
Total Equity and Debt	3 378 000	36 000	35 000	23 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	230 000	0	0	0
Revenue	230 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	28 000	0	0	0
Impairment	0	0	0	0
Expenditure	59 000	44 000	23 000	28 000
Operating Profit	170 000	−44 000	−23 000	−28 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	408 000	−44 000	−23 000	−28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 222 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 222 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 222 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	4 000	5 000	5 000
Total Current Assets	1 155 000	36 000	35 000	23 000
Total Assets	3 378 000	36 000	35 000	23 000
Total Equity	877 000	−400 000	−356 000	−333 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 040 000	0	0	0
Creditors	6 000	392 000	391 000	356 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	450 000	44 000	0	0
Total Current Debt	460 000	436 000	391 000	356 000
Total Equity and Debt	3 378 000	36 000	35 000	23 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,52 %	11 %	6,46 %	8,41 %
Debt-to-Equity Ratio	2,33	−0	−0	−0
Operating Profit Margin	73,91 %	-	-	-
Current Ratio	2,51	0,08	0,09	0,06
Quick Ratio	2,51	0,08	0,09	0,06
Equity Ratio	0,26	−11,11	−10,17	−14,48
Gross Profit Margin	100 %	-	-	-