SIMTEK VVS LTD

0678 OSLO

Finances

Share Ownership

Return on Equity

−150 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 442 000	1 697 000	1 760 000	556 000
Net Income	−210 000	194 000	209 000	−206 000
Total Assets	348 000	622 000	422 000	62 000
Total Equity	140 000	350 000	155 000	−54 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 442 000	1 697 000	1 760 000	556 000
Expenditure	1 644 000	1 449 000	1 548 000	766 000
Operating Profit	−202 000	248 000	212 000	−209 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	9 000	0	0	0
Financial Balance	−7 000	2 000	3 000	3 000
Earnings Before Tax	−210 000	250 000	215 000	−206 000
Tax	0	56 000	6 000	0
Net Income	−210 000	194 000	209 000	−206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	12 000
Total Current Assets	348 000	622 000	422 000	50 000
Total Assets	348 000	622 000	422 000	62 000
Total Retained Equity	140 000	350 000	155 000	−54 000
Total Equity	140 000	350 000	155 000	−54 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	208 000	272 000	266 000	116 000
Total Equity and Debt	348 000	622 000	422 000	62 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 442 000	1 697 000	1 760 000	556 000
Other Income	0	0	0	0
Revenue	1 442 000	1 697 000	1 760 000	556 000
Cost of Goods Sold	612 000	831 000	910 000	170 000
Salary Costs	782 000	412 000	387 000	432 000
Depreciation	0	0	12 000	4 000
Impairment	0	0	0	0
Expenditure	1 644 000	1 449 000	1 548 000	766 000
Operating Profit	−202 000	248 000	212 000	−209 000
Financial Income	2 000	2 000	3 000	3 000
Financial Costs	9 000	0	0	0
Financial Balance	−7 000	2 000	3 000	3 000
Dividends	0	0	0	0
Net Income	−210 000	194 000	209 000	−206 000

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	12 000
Total Tangible Assets	0	0	0	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	440 000	200 000	5 000
Total Current Assets	348 000	622 000	422 000	50 000
Total Assets	348 000	622 000	422 000	62 000
Total Equity	140 000	350 000	155 000	−54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	40 000	74 000	22 000
Unpaid Taxes	90 000	116 000	92 000	26 000
Dividends	0	0	0	0
Other Current Debt	95 000	60 000	94 000	68 000
Total Current Debt	208 000	272 000	266 000	116 000
Total Equity and Debt	348 000	622 000	422 000	62 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−150 %	55,43 %	134,84 %	381,48 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−14,01 %	14,61 %	12,05 %	−37,59 %
Current Ratio	1,67	2,29	1,59	0,43
Quick Ratio	1,67	2,29	1,59	0,43
Equity Ratio	0,4	0,56	0,37	−0,87
Gross Profit Margin	57,56 %	51,03 %	48,3 %	69,42 %