SYSTEMNET NETWORKS AS

2834 RAUFOSS

Finances

Return on Equity

106,04 %

Current Ratio

0,36

Debt-to-Equity Ratio

−3,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	163 000	175 000	155 000	0
Net Income	−158 000	42 000	59 000	−18 000
Total Assets	632 000	708 000	677 000	577 000
Total Equity	−149 000	9 000	−33 000	−91 000

Income (NOK)	2022	2021	2020	2019
Revenue	163 000	175 000	155 000	0
Expenditure	205 000	122 000	83 000	13 000
Operating Profit	−43 000	54 000	72 000	−13 000
Financial Income	0	0	0	0
Financial Costs	115 000	12 000	13 000	5 000
Financial Balance	−115 000	−12 000	−13 000	−5 000
Earnings Before Tax	−158 000	42 000	59 000	−18 000
Tax	0	0	0	0
Net Income	−158 000	42 000	59 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	534 000	649 000	629 000	577 000
Total Current Assets	98 000	60 000	48 000	0
Total Assets	632 000	708 000	677 000	577 000
Total Retained Equity	−173 000	−15 000	−57 000	−116 000
Total Equity	−149 000	9 000	−33 000	−91 000
Total Long-Term Debt	509 000	496 000	484 000	459 000
Total Current Debt	272 000	203 000	226 000	209 000
Total Equity and Debt	632 000	708 000	677 000	577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	163 000	175 000	155 000	0
Other Income	0	0	0	0
Revenue	163 000	175 000	155 000	0
Cost of Goods Sold	28 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	44 000	30 000	9 000	0
Impairment	0	0	0	0
Expenditure	205 000	122 000	83 000	13 000
Operating Profit	−43 000	54 000	72 000	−13 000
Financial Income	0	0	0	0
Financial Costs	115 000	12 000	13 000	5 000
Financial Balance	−115 000	−12 000	−13 000	−5 000
Dividends	0	0	0	0
Net Income	−158 000	42 000	59 000	−18 000

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	60 000	72 000	52 000	0
Total Tangible Assets	60 000	72 000	52 000	0
Total Fiancial Fixed Assets	474 000	577 000	577 000	577 000
Total Fixed Assets	534 000	649 000	629 000	577 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	92 000	60 000	48 000	0
Total Current Assets	98 000	60 000	48 000	0
Total Assets	632 000	708 000	677 000	577 000
Total Equity	−149 000	9 000	−33 000	−91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	509 000	496 000	484 000	459 000
Creditors	60 000	−3 000	9 000	5 000
Unpaid Taxes	15 000	1 000	12 000	0
Dividends	0	0	0	0
Other Current Debt	198 000	205 000	205 000	205 000
Total Current Debt	272 000	203 000	226 000	209 000
Total Equity and Debt	632 000	708 000	677 000	577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,04 %	466,67 %	−178,79 %	19,78 %
Debt-to-Equity Ratio	−3,42	55,11	−14,67	−5,04
Operating Profit Margin	−26,38 %	30,86 %	46,45 %	-
Current Ratio	0,36	0,3	0,21	0
Quick Ratio	0,36	0,3	0,21	0
Equity Ratio	−0,24	0,01	−0,05	−0,16
Gross Profit Margin	82,82 %	100 %	100 %	-