SIMPSON SPENCE YOUNG AS

0278 OSLO

Finances

Share Ownership

Return on Equity

41,69 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 788 000	43 714 000	36 552 000	38 773 000
Net Income	13 232 000	15 640 000	9 417 000	9 599 000
Total Assets	55 530 000	30 993 000	21 103 000	26 195 000
Total Equity	31 739 000	18 506 000	2 866 000	−6 551 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 788 000	43 714 000	36 552 000	38 773 000
Expenditure	28 890 000	23 803 000	24 366 000	29 792 000
Operating Profit	13 898 000	19 912 000	12 186 000	8 980 000
Financial Income	6 152 000	2 219 000	3 985 000	3 127 000
Financial Costs	2 705 000	1 957 000	4 559 000	2 508 000
Financial Balance	3 447 000	262 000	−574 000	619 000
Earnings Before Tax	17 345 000	20 174 000	11 612 000	9 599 000
Tax	4 113 000	4 533 000	2 195 000	0
Net Income	13 232 000	15 640 000	9 417 000	9 599 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	470 000	469 000	581 000	683 000
Total Current Assets	55 061 000	30 524 000	20 521 000	25 511 000
Total Assets	55 530 000	30 993 000	21 103 000	26 195 000
Total Retained Equity	31 626 000	18 394 000	2 754 000	−6 663 000
Total Equity	31 739 000	18 506 000	2 866 000	−6 551 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	23 791 000	12 487 000	18 236 000	32 745 000
Total Equity and Debt	55 530 000	30 993 000	21 103 000	26 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 788 000	43 699 000	36 552 000	38 773 000
Other Income	0	15 000	0	0
Revenue	42 788 000	43 714 000	36 552 000	38 773 000
Cost of Goods Sold	7 391 000	6 569 000	3 355 000	5 222 000
Salary Costs	14 987 000	11 805 000	15 573 000	16 160 000
Depreciation	0	74 000	103 000	116 000
Impairment	0	0	0	0
Expenditure	28 890 000	23 803 000	24 366 000	29 792 000
Operating Profit	13 898 000	19 912 000	12 186 000	8 980 000
Financial Income	6 152 000	2 219 000	3 985 000	3 127 000
Financial Costs	2 705 000	1 957 000	4 559 000	2 508 000
Financial Balance	3 447 000	262 000	−574 000	619 000
Dividends	0	0	0	0
Net Income	13 232 000	15 640 000	9 417 000	9 599 000

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	112 000	215 000
Total Tangible Assets	0	0	112 000	215 000
Total Fiancial Fixed Assets	470 000	469 000	469 000	468 000
Total Fixed Assets	470 000	469 000	581 000	683 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 444 000	19 469 000	14 247 000	16 047 000
Total Current Assets	55 061 000	30 524 000	20 521 000	25 511 000
Total Assets	55 530 000	30 993 000	21 103 000	26 195 000
Total Equity	31 739 000	18 506 000	2 866 000	−6 551 000
Short-Term Group Debt	0	0	0	24 455 000
Total Long-Term Debt	0	0	0	0
Creditors	2 481 000	1 261 000	587 000	1 631 000
Unpaid Taxes	1 310 000	634 000	752 000	757 000
Dividends	0	0	0	0
Other Current Debt	15 887 000	6 058 000	14 703 000	5 903 000
Total Current Debt	23 791 000	12 487 000	18 236 000	32 745 000
Total Equity and Debt	55 530 000	30 993 000	21 103 000	26 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,69 %	84,51 %	328,58 %	−146,53 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	32,48 %	45,55 %	33,34 %	23,16 %
Current Ratio	2,31	2,44	1,13	0,78
Quick Ratio	2,31	2,44	1,13	0,78
Equity Ratio	0,57	0,6	0,14	−0,25
Gross Profit Margin	82,73 %	84,97 %	90,82 %	86,53 %