K. SIMONSEN STORBILSENTER AS

9409 HARSTAD

Finances

Share Ownership

Return on Equity

−54,68 %

Current Ratio

1,15

Debt-to-Equity Ratio

2,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 776 000	22 762 000	15 703 000	15 741 000
Net Income	−918 000	817 000	399 000	74 000
Total Assets	31 890 000	10 707 000	6 100 000	5 684 000
Total Equity	1 679 000	2 582 000	1 843 000	1 444 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 776 000	22 762 000	15 703 000	15 741 000
Expenditure	37 810 000	21 668 000	15 334 000	15 703 000
Operating Profit	−1 034 000	1 094 000	368 000	37 000
Financial Income	26 000	18 000	32 000	37 000
Financial Costs	210 000	58 000	1 000	0
Financial Balance	−184 000	−40 000	31 000	37 000
Earnings Before Tax	−1 219 000	1 053 000	399 000	74 000
Tax	−301 000	236 000	0	0
Net Income	−918 000	817 000	399 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 183 000	223 000	213 000	233 000
Total Current Assets	29 707 000	10 484 000	5 887 000	5 451 000
Total Assets	31 890 000	10 707 000	6 100 000	5 684 000
Total Retained Equity	1 179 000	2 082 000	1 343 000	944 000
Total Equity	1 679 000	2 582 000	1 843 000	1 444 000
Total Long-Term Debt	4 413 000	3 622 000	2 150 000	0
Total Current Debt	25 798 000	4 503 000	2 107 000	4 240 000
Total Equity and Debt	31 890 000	10 707 000	6 100 000	5 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 256 000	22 762 000	15 703 000	15 741 000
Other Income	520 000	0	0	0
Revenue	36 776 000	22 762 000	15 703 000	15 741 000
Cost of Goods Sold	23 456 000	10 390 000	5 831 000	6 419 000
Salary Costs	8 184 000	6 694 000	6 022 000	6 049 000
Depreciation	219 000	89 000	94 000	62 000
Impairment	0	0	0	0
Expenditure	37 810 000	21 668 000	15 334 000	15 703 000
Operating Profit	−1 034 000	1 094 000	368 000	37 000
Financial Income	26 000	18 000	32 000	37 000
Financial Costs	210 000	58 000	1 000	0
Financial Balance	−184 000	−40 000	31 000	37 000
Dividends	0	0	0	0
Net Income	−918 000	817 000	399 000	74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	301 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	992 000	0	0	0
Fixtures	890 000	223 000	213 000	233 000
Total Tangible Assets	1 882 000	223 000	213 000	233 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 183 000	223 000	213 000	233 000
Stock	21 515 000	5 521 000	3 052 000	2 273 000
Total Investments	0	0	0	0
Cash, Bank	216 000	1 341 000	930 000	936 000
Total Current Assets	29 707 000	10 484 000	5 887 000	5 451 000
Total Assets	31 890 000	10 707 000	6 100 000	5 684 000
Total Equity	1 679 000	2 582 000	1 843 000	1 444 000
Short-Term Group Debt	550 000	100 000	0	1 900 000
Total Long-Term Debt	4 413 000	3 622 000	2 150 000	0
Creditors	20 027 000	1 963 000	644 000	853 000
Unpaid Taxes	493 000	863 000	571 000	566 000
Dividends	0	0	0	0
Other Current Debt	2 507 000	1 364 000	892 000	921 000
Total Current Debt	25 798 000	4 503 000	2 107 000	4 240 000
Total Equity and Debt	31 890 000	10 707 000	6 100 000	5 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,68 %	31,64 %	21,65 %	5,12 %
Debt-to-Equity Ratio	2,63	1,4	1,17	0
Operating Profit Margin	−2,81 %	4,81 %	2,34 %	0,24 %
Current Ratio	1,15	2,33	2,79	1,29
Quick Ratio	6,94	−10,3	−6,23	2,77
Equity Ratio	0,05	0,24	0,3	0,25
Gross Profit Margin	36,22 %	54,35 %	62,87 %	59,22 %