SYSTEMBLOKK AS

3804 BØ I TELEMARK

Finances

Return on Equity

32,52 %

Current Ratio

2,4

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	259 881 000	189 924 000	189 437 000	183 643 000
Net Income	26 970 000	6 943 000	14 889 000	11 396 000
Total Assets	160 936 000	121 994 000	117 521 000	109 558 000
Total Equity	82 941 000	55 971 000	49 028 000	38 186 000

Income (NOK)	2022	2021	2020	2019
Revenue	259 881 000	189 924 000	189 437 000	183 643 000
Expenditure	223 466 000	179 829 000	168 964 000	165 122 000
Operating Profit	36 415 000	10 094 000	20 473 000	16 321 000
Financial Income	109 000	182 000	324 000	246 000
Financial Costs	1 946 000	1 368 000	1 701 000	2 222 000
Financial Balance	−1 837 000	−1 186 000	−1 377 000	−1 976 000
Earnings Before Tax	34 578 000	8 909 000	19 097 000	14 344 000
Tax	7 608 000	1 966 000	4 208 000	2 948 000
Net Income	26 970 000	6 943 000	14 889 000	11 396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 504 000	50 205 000	54 709 000	56 500 000
Total Current Assets	106 432 000	71 789 000	62 812 000	53 058 000
Total Assets	160 936 000	121 994 000	117 521 000	109 558 000
Total Retained Equity	70 053 000	43 083 000	36 140 000	25 298 000
Total Equity	82 941 000	55 971 000	49 028 000	38 186 000
Total Long-Term Debt	33 637 000	31 303 000	38 047 000	42 612 000
Total Current Debt	44 357 000	34 720 000	30 446 000	28 760 000
Total Equity and Debt	160 936 000	121 994 000	117 521 000	109 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	258 839 000	189 924 000	189 437 000	183 643 000
Other Income	1 042 000	0	0	0
Revenue	259 881 000	189 924 000	189 437 000	183 643 000
Cost of Goods Sold	91 230 000	69 565 000	61 559 000	58 110 000
Salary Costs	65 332 000	55 020 000	54 750 000	53 838 000
Depreciation	6 161 000	6 531 000	6 085 000	5 944 000
Impairment	0	0	0	0
Expenditure	223 466 000	179 829 000	168 964 000	165 122 000
Operating Profit	36 415 000	10 094 000	20 473 000	16 321 000
Financial Income	109 000	182 000	324 000	246 000
Financial Costs	1 946 000	1 368 000	1 701 000	2 222 000
Financial Balance	−1 837 000	−1 186 000	−1 377 000	−1 976 000
Dividends	0	0	4 000 000	0
Net Income	26 970 000	6 943 000	14 889 000	11 396 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	114 000	184 000	297 000	365 000
Real Eastate	34 836 000	31 540 000	33 344 000	36 363 000
Machinery and Plant Facilities	10 725 000	12 468 000	0	0
Fixtures	5 740 000	3 724 000	18 779 000	18 713 000
Total Tangible Assets	51 301 000	47 731 000	52 123 000	55 076 000
Total Fiancial Fixed Assets	3 089 000	2 289 000	2 289 000	1 059 000
Total Fixed Assets	54 504 000	50 205 000	54 709 000	56 500 000
Stock	31 953 000	25 226 000	21 074 000	17 528 000
Total Investments	0	0	0	0
Cash, Bank	21 963 000	12 913 000	17 230 000	7 707 000
Total Current Assets	106 432 000	71 789 000	62 812 000	53 058 000
Total Assets	160 936 000	121 994 000	117 521 000	109 558 000
Total Equity	82 941 000	55 971 000	49 028 000	38 186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 637 000	31 303 000	38 047 000	42 612 000
Creditors	18 835 000	16 706 000	10 844 000	12 193 000
Unpaid Taxes	11 039 000	8 457 000	7 511 000	7 658 000
Dividends	0	0	4 000 000	0
Other Current Debt	6 787 000	7 737 000	5 814 000	7 217 000
Total Current Debt	44 357 000	34 720 000	30 446 000	28 760 000
Total Equity and Debt	160 936 000	121 994 000	117 521 000	109 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,52 %	12,4 %	30,37 %	29,84 %
Debt-to-Equity Ratio	0,41	0,56	0,78	1,12
Operating Profit Margin	14,01 %	5,31 %	10,81 %	8,89 %
Current Ratio	2,4	2,07	2,06	1,84
Quick Ratio	8,58	7,56	6,7	4,72
Equity Ratio	0,52	0,46	0,42	0,35
Gross Profit Margin	64,9 %	63,37 %	67,5 %	68,36 %