SIMAD AS

2640 VINSTRA

Finances

Return on Equity

5,66 %

Current Ratio

0,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	103 000	158 000	80 000	−206 000
Total Assets	2 401 000	2 388 000	2 076 000	2 004 000
Total Equity	1 819 000	1 716 000	1 558 000	1 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	51 000	46 000	58 000	376 000
Operating Profit	−51 000	−46 000	−58 000	−376 000
Financial Income	200 000	245 000	141 000	176 000
Financial Costs	15 000	32 000	3 000	6 000
Financial Balance	185 000	213 000	138 000	170 000
Earnings Before Tax	134 000	167 000	80 000	−206 000
Tax	31 000	9 000	0	0
Net Income	103 000	158 000	80 000	−206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 186 000	2 122 000	1 944 000	1 870 000
Total Current Assets	215 000	266 000	132 000	134 000
Total Assets	2 401 000	2 388 000	2 076 000	2 004 000
Total Retained Equity	1 619 000	1 516 000	1 358 000	1 278 000
Total Equity	1 819 000	1 716 000	1 558 000	1 478 000
Total Long-Term Debt	0	0	49 000	106 000
Total Current Debt	582 000	672 000	469 000	420 000
Total Equity and Debt	2 401 000	2 388 000	2 076 000	2 004 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	51 000	46 000	58 000	376 000
Operating Profit	−51 000	−46 000	−58 000	−376 000
Financial Income	200 000	245 000	141 000	176 000
Financial Costs	15 000	32 000	3 000	6 000
Financial Balance	185 000	213 000	138 000	170 000
Dividends	0	0	0	0
Net Income	103 000	158 000	80 000	−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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 186 000	2 122 000	1 944 000	1 870 000
Total Fixed Assets	2 186 000	2 122 000	1 944 000	1 870 000
Stock	0	0	0	0
Total Investments	4 000	4 000	4 000	0
Cash, Bank	0	12 000	1 000	20 000
Total Current Assets	215 000	266 000	132 000	134 000
Total Assets	2 401 000	2 388 000	2 076 000	2 004 000
Total Equity	1 819 000	1 716 000	1 558 000	1 478 000
Short-Term Group Debt	197 000	341 000	94 000	85 000
Total Long-Term Debt	0	0	49 000	106 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	354 000	322 000	375 000	334 000
Total Current Debt	582 000	672 000	469 000	420 000
Total Equity and Debt	2 401 000	2 388 000	2 076 000	2 004 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,66 %	9,21 %	5,13 %	−13,94 %
Debt-to-Equity Ratio	0	0	0,03	0,07
Operating Profit Margin	-	-	-	-
Current Ratio	0,37	0,4	0,28	0,32
Quick Ratio	0,37	0,4	0,28	0,32
Equity Ratio	0,76	0,72	0,75	0,74
Gross Profit Margin	-	-	-	-