SØSTRENE SYSTUE AS

1529 MOSS

Finances

Share Ownership

Return on Equity

156,41 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 452 000	5 398 000	4 506 000	4 363 000
Net Income	1 500 000	848 000	756 000	−181 000
Total Assets	2 664 000	1 810 000	1 544 000	745 000
Total Equity	959 000	260 000	212 000	156 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 452 000	5 398 000	4 506 000	4 363 000
Expenditure	3 523 000	4 271 000	3 215 000	4 069 000
Operating Profit	1 929 000	1 127 000	1 291 000	−164 000
Financial Income	0	0	16 000	0
Financial Costs	5 000	40 000	401 000	18 000
Financial Balance	−5 000	−40 000	−385 000	−18 000
Earnings Before Tax	1 924 000	1 087 000	906 000	−181 000
Tax	424 000	239 000	150 000	0
Net Income	1 500 000	848 000	756 000	−181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	28 000	28 000	28 000
Total Current Assets	2 637 000	1 782 000	1 517 000	717 000
Total Assets	2 664 000	1 810 000	1 544 000	745 000
Total Retained Equity	935 000	235 000	188 000	132 000
Total Equity	959 000	260 000	212 000	156 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 705 000	1 550 000	1 332 000	589 000
Total Equity and Debt	2 664 000	1 810 000	1 544 000	745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 452 000	5 398 000	4 506 000	4 363 000
Other Income	0	0	0	0
Revenue	5 452 000	5 398 000	4 506 000	4 363 000
Cost of Goods Sold	2 299 000	2 720 000	1 721 000	3 156 000
Salary Costs	782 000	942 000	1 098 000	629 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 523 000	4 271 000	3 215 000	4 069 000
Operating Profit	1 929 000	1 127 000	1 291 000	−164 000
Financial Income	0	0	16 000	0
Financial Costs	5 000	40 000	401 000	18 000
Financial Balance	−5 000	−40 000	−385 000	−18 000
Dividends	800 000	800 000	700 000	0
Net Income	1 500 000	848 000	756 000	−181 000

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	28 000	28 000	28 000	28 000
Total Fixed Assets	28 000	28 000	28 000	28 000
Stock	1 924 000	1 194 000	1 065 000	76 000
Total Investments	0	0	0	0
Cash, Bank	480 000	530 000	432 000	214 000
Total Current Assets	2 637 000	1 782 000	1 517 000	717 000
Total Assets	2 664 000	1 810 000	1 544 000	745 000
Total Equity	959 000	260 000	212 000	156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	149 000	186 000	178 000	342 000
Unpaid Taxes	27 000	47 000	208 000	42 000
Dividends	800 000	800 000	700 000	0
Other Current Debt	304 000	277 000	96 000	205 000
Total Current Debt	1 705 000	1 550 000	1 332 000	589 000
Total Equity and Debt	2 664 000	1 810 000	1 544 000	745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	156,41 %	326,15 %	356,6 %	−116,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,38 %	20,88 %	28,65 %	−3,76 %
Current Ratio	1,55	1,15	1,14	1,22
Quick Ratio	−12,04	5,01	5,68	1,4
Equity Ratio	0,36	0,14	0,14	0,21
Gross Profit Margin	57,83 %	49,61 %	61,81 %	27,66 %