System Design AS

3520 JEVNAKER

Finances

Share Ownership

Return on Equity

4,53 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 166 000	1 155 000	1 041 000	394 000
Net Income	23 000	211 000	447 000	288 000
Total Assets	923 000	732 000	483 000	244 000
Total Equity	508 000	485 000	274 000	−173 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 166 000	1 155 000	1 041 000	394 000
Expenditure	1 136 000	933 000	594 000	100 000
Operating Profit	30 000	222 000	448 000	296 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	3 000
Financial Balance	0	0	0	−3 000
Earnings Before Tax	30 000	222 000	447 000	293 000
Tax	7 000	11 000	0	4 000
Net Income	23 000	211 000	447 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	923 000	732 000	483 000	244 000
Total Assets	923 000	732 000	483 000	244 000
Total Retained Equity	408 000	385 000	174 000	−273 000
Total Equity	508 000	485 000	274 000	−173 000
Total Long-Term Debt	0	0	34 000	375 000
Total Current Debt	415 000	248 000	175 000	43 000
Total Equity and Debt	923 000	732 000	483 000	244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 166 000	1 155 000	1 041 000	393 000
Other Income	0	0	0	1 000
Revenue	1 166 000	1 155 000	1 041 000	394 000
Cost of Goods Sold	11 000	3 000	3 000	14 000
Salary Costs	1 030 000	807 000	455 000	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 136 000	933 000	594 000	100 000
Operating Profit	30 000	222 000	448 000	296 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	3 000
Financial Balance	0	0	0	−3 000
Dividends	0	0	0	0
Net Income	23 000	211 000	447 000	288 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	642 000	426 000	235 000	25 000
Total Current Assets	923 000	732 000	483 000	244 000
Total Assets	923 000	732 000	483 000	244 000
Total Equity	508 000	485 000	274 000	−173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	34 000	375 000
Creditors	3 000	9 000	38 000	0
Unpaid Taxes	178 000	94 000	87 000	43 000
Dividends	0	0	0	0
Other Current Debt	228 000	134 000	50 000	0
Total Current Debt	415 000	248 000	175 000	43 000
Total Equity and Debt	923 000	732 000	483 000	244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,53 %	43,51 %	163,14 %	−166,47 %
Debt-to-Equity Ratio	0	0	0,12	−2,17
Operating Profit Margin	2,57 %	19,22 %	43,04 %	75,13 %
Current Ratio	2,22	2,95	2,76	5,67
Quick Ratio	2,22	2,95	2,76	5,67
Equity Ratio	0,55	0,66	0,57	−0,71
Gross Profit Margin	99,06 %	99,74 %	99,71 %	96,45 %