SIMTO AS

2817 GJØVIK

Finances

Return on Equity

−5,22 %

Current Ratio

3,62

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 058 000	38 613 000	108 123 000	15 346 000
Net Income	−6 185 000	4 494 000	114 883 000	14 826 000
Total Assets	156 306 000	174 080 000	225 918 000	102 068 000
Total Equity	118 532 000	131 717 000	127 423 000	53 503 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 058 000	38 613 000	108 123 000	15 346 000
Expenditure	3 418 000	8 630 000	1 087 000	379 000
Operating Profit	−3 007 000	19 371 000	105 083 000	14 967 000
Financial Income	−86 000	208 000	11 231 000	1 649 000
Financial Costs	3 092 000	15 086 000	1 431 000	1 789 000
Financial Balance	−3 178 000	−14 878 000	9 800 000	−140 000
Earnings Before Tax	−6 185 000	4 494 000	114 883 000	14 826 000
Tax	0	0	0	0
Net Income	−6 185 000	4 494 000	114 883 000	14 826 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	83 672 000	84 852 000	78 025 000	100 230 000
Total Current Assets	72 634 000	89 228 000	147 892 000	1 838 000
Total Assets	156 306 000	174 080 000	225 918 000	102 068 000
Total Retained Equity	117 229 000	130 414 000	126 120 000	52 200 000
Total Equity	118 532 000	131 717 000	127 423 000	53 503 000
Total Long-Term Debt	17 713 000	17 627 000	9 770 000	31 620 000
Total Current Debt	20 061 000	24 736 000	88 725 000	16 945 000
Total Equity and Debt	156 306 000	174 080 000	225 918 000	102 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	23 812 000	1 630 000
Other Income	17 058 000	38 613 000	84 312 000	13 716 000
Revenue	17 058 000	38 613 000	108 123 000	15 346 000
Cost of Goods Sold	2 610 000	7 794 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	588 000	69 000
Impairment	0	0	0	0
Expenditure	3 418 000	8 630 000	1 087 000	379 000
Operating Profit	−3 007 000	19 371 000	105 083 000	14 967 000
Financial Income	−86 000	208 000	11 231 000	1 649 000
Financial Costs	3 092 000	15 086 000	1 431 000	1 789 000
Financial Balance	−3 178 000	−14 878 000	9 800 000	−140 000
Dividends	0	0	9 000 000	3 200 000
Net Income	−6 185 000	4 494 000	114 883 000	14 826 000

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	83 672 000	84 852 000	78 025 000	100 230 000
Total Fixed Assets	83 672 000	84 852 000	78 025 000	100 230 000
Stock	0	0	0	0
Total Investments	30 955 000	58 151 000	79 915 000	26 000
Cash, Bank	17 315 000	10 440 000	3 686 000	1 811 000
Total Current Assets	72 634 000	89 228 000	147 892 000	1 838 000
Total Assets	156 306 000	174 080 000	225 918 000	102 068 000
Total Equity	118 532 000	131 717 000	127 423 000	53 503 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 713 000	17 627 000	9 770 000	31 620 000
Creditors	83 000	39 000	156 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	9 000 000	3 200 000
Other Current Debt	19 978 000	24 010 000	61 118 000	16 943 000
Total Current Debt	20 061 000	24 736 000	88 725 000	16 945 000
Total Equity and Debt	156 306 000	174 080 000	225 918 000	102 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,22 %	3,41 %	90,16 %	27,71 %
Debt-to-Equity Ratio	0,15	0,13	0,08	0,59
Operating Profit Margin	−17,63 %	50,17 %	97,19 %	97,53 %
Current Ratio	3,62	3,61	1,67	0,11
Quick Ratio	3,62	3,61	1,67	0,11
Equity Ratio	0,76	0,76	0,56	0,52
Gross Profit Margin	84,7 %	79,82 %	100 %	100 %