Sim Optima AS

ASDissolved

Org 916820992Pilestredet Park 36, 0176 OsloBedriftsrådgivning og annen administrativ rådgivning· NACE 70220Est. 2016 · 10 years old0 employees

Overview

Sim Optima AS is a Norwegian AS based in Oslo, operating in the Bedriftsrådgivning og annen administrativ rådgivning sector. Incorporated in 2016, the company has 0 employees and reported revenue of NOK 131.7k in its latest annual filing.

Revenue 2021

131.7K NOK

−73% vs 2020

EBITDA margin

−4.5 %

−105% vs 2020

Net profit 2021

-5.9K NOK

-106% vs 2020

Key ratios

See full ratios →

64.7 %

Average

Around the average of companies in the same industry

20172021

2.8×

Strong

Among the 40% highest rated companies in the industry

20172021

-1.3 %

Weak

Among the 40% lowest rated companies in the industry

20172021

EBITDA — year on year

NOK thousands

Key figures

Annual report 2021

Revenue	131.7K NOK	-73%
EBITDA	-5.9K NOK	-105%
Net profit	-5.9K NOK	-106%
Total assets	459.5K NOK	-8%
Equity	297.1K NOK	-2%
Employees	0	—

Financial development

In its most recent annual report (2021), Sim Optima AS reported revenue of NOK 131.7k, a decrease of 73% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net loss of NOK 5.9k, and the EBITDA margin stood at -4.5%.

At the end of 2021, equity financed 64.7% of the balance sheet, and current assets covered short-term debt 2.8 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2021	2020	2019	2018	2017
Revenue	132	495	163	250	271
Staff expenses	-86	-230	-41	-79	-2
EBITDA	-6	119	22	6	141
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	-6	119	22	6	141
Net financials	0	-0	0	0	0
Profit before tax	-6	119	22	6	141
Tax	-0	26	5	1	34
Net profit	-6	93	17	4	107

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Balance sheet

NOK thousands

Item	2021	2020	2019	2018	2017
Total assets	460	502	331	313	306
Equity	297	303	210	193	189
Long-term debt	0	0	0	0	0
Short-term debt	162	199	120	120	117
Total debt	162	199	120	120	117

Financial ratios

5-year trend

EBITDA margin

-4.5 %

20172021

Equity ratio

64.7 %

Average

Around the average of companies in the same industry

20172021

Return on equity

-2.0 %

Weak

Among the 30% lowest rated companies in the industry

20172021

Net profit margin

-4.5 %

Weak

Among the 30% lowest rated companies in the industry

20172021

Asset turnover

0.29×

Average

Around the average of companies in the same industry

20172021

Debt / equity

0.55×

Average

Around the average of companies in the same industry

20172021

Sector performance

26 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginAverage

Around the average of companies in the same industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginWeak

Among the 30% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 30% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Weak

Among the 30% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Weak

Among the 40% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioStrong

Among the 40% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 40% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioStrong

Among the 30% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 40% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 40% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 40% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalStrong

Among the 40% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


EG Ellen Gjerde Chief Executive Officer	Chief Executive Officer	2016 – 2022

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
PE Per Einar Gjerde Board of Directors	Board of Directors	2017
EG Ellen Gjerde Chairman	Chairman	2017

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Sim Optima AS also hold positions in 18 other companies.

Person	Role here	Other companies
Ellen Gjerde	Chief Executive Officer	13 companiesMany roles
Per Einar Gjerde	Board of Directors	5 companies

Frequently asked questions

What is the Org number of Sim Optima AS?

Sim Optima AS is registered with Brønnøysundsregistrene under Org 916820992.

What is the revenue of Sim Optima AS?

Sim Optima AS reported revenue of NOK 131.7k in 2021.

Who is the chairman of Sim Optima AS?

Ellen Gjerde chairs the board of Sim Optima AS, in role since 2017.

Where is Sim Optima AS headquartered?

Sim Optima AS's registered address is Pilestredet Park 36.