SIMPLICITY AS

4362 VIGRESTAD

Finances

Share Ownership

Return on Equity

57,9 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 593 000	45 903 000	42 014 000	35 439 000
Net Income	11 465 000	5 914 000	6 048 000	4 774 000
Total Assets	38 764 000	12 372 000	13 363 000	11 735 000
Total Equity	19 803 000	400 000	1 178 000	1 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 593 000	45 903 000	42 014 000	35 439 000
Expenditure	50 960 000	38 320 000	34 318 000	29 336 000
Operating Profit	15 635 000	7 583 000	7 697 000	6 104 000
Financial Income	101 000	25 000	59 000	35 000
Financial Costs	995 000	1 000	1 000	1 000
Financial Balance	−894 000	24 000	58 000	34 000
Earnings Before Tax	14 740 000	7 607 000	7 755 000	6 138 000
Tax	3 276 000	1 693 000	1 707 000	1 364 000
Net Income	11 465 000	5 914 000	6 048 000	4 774 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	947 000	0	37 000	73 000
Total Current Assets	37 818 000	12 372 000	13 326 000	11 662 000
Total Assets	38 764 000	12 372 000	13 363 000	11 735 000
Total Retained Equity	19 403 000	0	778 000	798 000
Total Equity	19 803 000	400 000	1 178 000	1 198 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	18 961 000	11 972 000	12 184 000	10 533 000
Total Equity and Debt	38 764 000	12 372 000	13 363 000	11 735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 593 000	45 903 000	42 014 000	35 439 000
Other Income	0	0	0	0
Revenue	66 593 000	45 903 000	42 014 000	35 439 000
Cost of Goods Sold	18 693 000	34 187 000	30 241 000	25 400 000
Salary Costs	17 618 000	2 950 000	2 946 000	2 678 000
Depreciation	457 000	37 000	37 000	37 000
Impairment	0	0	0	0
Expenditure	50 960 000	38 320 000	34 318 000	29 336 000
Operating Profit	15 635 000	7 583 000	7 697 000	6 104 000
Financial Income	101 000	25 000	59 000	35 000
Financial Costs	995 000	1 000	1 000	1 000
Financial Balance	−894 000	24 000	58 000	34 000
Dividends	0	6 692 000	0	0
Net Income	11 465 000	5 914 000	6 048 000	4 774 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	0	0	0
Real Eastate	234 000	0	0	0
Machinery and Plant Facilities	565 000	0	0	0
Fixtures	130 000	0	37 000	73 000
Total Tangible Assets	930 000	0	37 000	73 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	947 000	0	37 000	73 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 687 000	2 076 000	1 603 000	4 268 000
Total Current Assets	37 818 000	12 372 000	13 326 000	11 662 000
Total Assets	38 764 000	12 372 000	13 363 000	11 735 000
Total Equity	19 803 000	400 000	1 178 000	1 198 000
Short-Term Group Debt	10 000 000	0	7 780 000	0
Total Long-Term Debt	0	0	0	4 000
Creditors	2 977 000	2 841 000	3 207 000	2 488 000
Unpaid Taxes	2 648 000	452 000	739 000	1 035 000
Dividends	0	6 692 000	0	0
Other Current Debt	2 233 000	294 000	459 000	7 009 000
Total Current Debt	18 961 000	11 972 000	12 184 000	10 533 000
Total Equity and Debt	38 764 000	12 372 000	13 363 000	11 735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,9 %	1 478,5 %	513,41 %	398,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,48 %	16,52 %	18,32 %	17,22 %
Current Ratio	1,99	1,03	1,09	1,11
Quick Ratio	1,99	1,03	1,09	1,11
Equity Ratio	0,51	0,03	0,09	0,1
Gross Profit Margin	71,93 %	25,52 %	28,02 %	28,33 %