SIMCORP VEST AS

2609 LILLEHAMMER

Finances

Share Ownership

Return on Equity

23,37 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 034 000	6 257 000	8 239 000	10 090 000
Net Income	−491 000	−928 000	−1 663 000	−905 000
Total Assets	2 143 000	1 691 000	2 495 000	2 903 000
Total Equity	−2 101 000	−1 610 000	−683 000	−704 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 034 000	6 257 000	8 239 000	10 090 000
Expenditure	8 623 000	7 067 000	9 761 000	10 872 000
Operating Profit	−250 000	−810 000	−1 522 000	−782 000
Financial Income	11 000	3 000	0	0
Financial Costs	252 000	121 000	141 000	124 000
Financial Balance	−241 000	−118 000	−141 000	−124 000
Earnings Before Tax	−491 000	−928 000	−1 663 000	−905 000
Tax	0	0	0	0
Net Income	−491 000	−928 000	−1 663 000	−905 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	309 000	291 000	380 000	107 000
Total Current Assets	1 834 000	1 400 000	2 115 000	2 796 000
Total Assets	2 143 000	1 691 000	2 495 000	2 903 000
Total Retained Equity	−4 301 000	−3 810 000	−2 883 000	−2 904 000
Total Equity	−2 101 000	−1 610 000	−683 000	−704 000
Total Long-Term Debt	1 764 000	286 000	325 000	0
Total Current Debt	2 480 000	3 015 000	2 852 000	3 607 000
Total Equity and Debt	2 143 000	1 691 000	2 495 000	2 903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 033 000	6 116 000	7 805 000	10 120 000
Other Income	1 000	140 000	433 000	−30 000
Revenue	8 034 000	6 257 000	8 239 000	10 090 000
Cost of Goods Sold	5 039 000	3 638 000	4 326 000	5 725 000
Salary Costs	1 774 000	1 544 000	2 644 000	2 646 000
Depreciation	59 000	89 000	78 000	45 000
Impairment	0	0	0	0
Expenditure	8 623 000	7 067 000	9 761 000	10 872 000
Operating Profit	−250 000	−810 000	−1 522 000	−782 000
Financial Income	11 000	3 000	0	0
Financial Costs	252 000	121 000	141 000	124 000
Financial Balance	−241 000	−118 000	−141 000	−124 000
Dividends	0	0	0	0
Net Income	−491 000	−928 000	−1 663 000	−905 000

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	284 000	291 000	380 000	107 000
Total Tangible Assets	284 000	291 000	380 000	107 000
Total Fiancial Fixed Assets	25 000	0	0	0
Total Fixed Assets	309 000	291 000	380 000	107 000
Stock	1 518 000	1 179 000	1 691 000	2 358 000
Total Investments	0	0	0	0
Cash, Bank	124 000	93 000	83 000	262 000
Total Current Assets	1 834 000	1 400 000	2 115 000	2 796 000
Total Assets	2 143 000	1 691 000	2 495 000	2 903 000
Total Equity	−2 101 000	−1 610 000	−683 000	−704 000
Short-Term Group Debt	0	0	0	22 000
Total Long-Term Debt	1 764 000	286 000	325 000	0
Creditors	1 109 000	1 217 000	1 382 000	1 205 000
Unpaid Taxes	296 000	198 000	295 000	405 000
Dividends	0	0	0	0
Other Current Debt	426 000	927 000	662 000	1 975 000
Total Current Debt	2 480 000	3 015 000	2 852 000	3 607 000
Total Equity and Debt	2 143 000	1 691 000	2 495 000	2 903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,37 %	57,64 %	243,48 %	128,55 %
Debt-to-Equity Ratio	−0,84	−0,18	−0,48	−0
Operating Profit Margin	−3,11 %	−12,95 %	−18,47 %	−7,75 %
Current Ratio	0,74	0,46	0,74	0,78
Quick Ratio	1,91	0,76	1,82	2,24
Equity Ratio	−0,98	−0,95	−0,27	−0,24
Gross Profit Margin	37,28 %	41,86 %	47,49 %	43,26 %