SIMTRONICS AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−170,72 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 900 000	1 939 000	53 710 000	9 319 000
Net Income	−309 000	−519 000	863 909 000	4 722 000
Total Assets	586 000	1 568 000	17 518 000	166 656 000
Total Equity	181 000	490 000	17 150 000	128 628 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 900 000	1 939 000	53 710 000	9 319 000
Expenditure	2 207 000	2 460 000	3 060 000	1 468 000
Operating Profit	−306 000	−520 000	50 651 000	7 851 000
Financial Income	2 000	1 000	823 417 000	172 000
Financial Costs	4 000	0	659 000	787 000
Financial Balance	−2 000	1 000	822 758 000	−615 000
Earnings Before Tax	−309 000	−519 000	873 409 000	7 236 000
Tax	0	0	9 500 000	2 515 000
Net Income	−309 000	−519 000	863 909 000	4 722 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	155 393 000
Total Current Assets	586 000	1 568 000	17 518 000	11 264 000
Total Assets	586 000	1 568 000	17 518 000	166 656 000
Total Retained Equity	−819 000	−510 000	9 000	−24 392 000
Total Equity	181 000	490 000	17 150 000	128 628 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	406 000	1 078 000	368 000	38 028 000
Total Equity and Debt	586 000	1 568 000	17 518 000	166 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 900 000	1 939 000	51 247 000	2 996 000
Other Income	0	0	2 464 000	6 323 000
Revenue	1 900 000	1 939 000	53 710 000	9 319 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 537 000	1 351 000	1 638 000	2 906 000
Depreciation	0	0	36 000	107 000
Impairment	0	0	0	0
Expenditure	2 207 000	2 460 000	3 060 000	1 468 000
Operating Profit	−306 000	−520 000	50 651 000	7 851 000
Financial Income	2 000	1 000	823 417 000	172 000
Financial Costs	4 000	0	659 000	787 000
Financial Balance	−2 000	1 000	822 758 000	−615 000
Dividends	0	0	0	0
Net Income	−309 000	−519 000	863 909 000	4 722 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	10 109 000
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	0	0	0	145 284 000
Total Fixed Assets	0	0	0	155 393 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	69 000	928 000	13 829 000	8 608 000
Total Current Assets	586 000	1 568 000	17 518 000	11 264 000
Total Assets	586 000	1 568 000	17 518 000	166 656 000
Total Equity	181 000	490 000	17 150 000	128 628 000
Short-Term Group Debt	0	700 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 000	156 000	41 000	216 000
Unpaid Taxes	97 000	99 000	104 000	105 000
Dividends	0	0	0	0
Other Current Debt	277 000	123 000	222 000	37 706 000
Total Current Debt	406 000	1 078 000	368 000	38 028 000
Total Equity and Debt	586 000	1 568 000	17 518 000	166 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−170,72 %	−105,92 %	5 037,37 %	3,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,11 %	−26,82 %	94,3 %	84,25 %
Current Ratio	1,44	1,45	47,6	0,3
Quick Ratio	1,44	1,45	47,6	0,3
Equity Ratio	0,31	0,31	0,98	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %