SICS SYSTEM AS

4639 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

18,3 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 062 000	7 786 000	4 705 000	4 392 000
Net Income	332 000	665 000	116 000	130 000
Total Assets	3 328 000	2 741 000	1 649 000	1 801 000
Total Equity	1 814 000	1 481 000	817 000	701 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 062 000	7 786 000	4 705 000	4 392 000
Expenditure	9 601 000	6 941 000	4 566 000	4 223 000
Operating Profit	462 000	844 000	140 000	169 000
Financial Income	0	9 000	11 000	0
Financial Costs	0	1 000	1 000	2 000
Financial Balance	0	8 000	10 000	−2 000
Earnings Before Tax	462 000	852 000	149 000	167 000
Tax	129 000	187 000	33 000	37 000
Net Income	332 000	665 000	116 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	98 000	102 000	59 000
Total Current Assets	3 076 000	2 643 000	1 547 000	1 741 000
Total Assets	3 328 000	2 741 000	1 649 000	1 801 000
Total Retained Equity	1 794 000	1 461 000	797 000	681 000
Total Equity	1 814 000	1 481 000	817 000	701 000
Total Long-Term Debt	0	0	5 000	4 000
Total Current Debt	1 514 000	1 260 000	827 000	1 096 000
Total Equity and Debt	3 328 000	2 741 000	1 649 000	1 801 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 944 000	7 667 000	4 601 000	4 283 000
Other Income	118 000	119 000	104 000	109 000
Revenue	10 062 000	7 786 000	4 705 000	4 392 000
Cost of Goods Sold	2 418 000	1 859 000	1 884 000	1 302 000
Salary Costs	4 370 000	2 675 000	1 322 000	1 899 000
Depreciation	51 000	30 000	21 000	17 000
Impairment	0	0	0	0
Expenditure	9 601 000	6 941 000	4 566 000	4 223 000
Operating Profit	462 000	844 000	140 000	169 000
Financial Income	0	9 000	11 000	0
Financial Costs	0	1 000	1 000	2 000
Financial Balance	0	8 000	10 000	−2 000
Dividends	0	0	0	0
Net Income	332 000	665 000	116 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	26 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	18 000	0	0	0
Fixtures	182 000	72 000	102 000	59 000
Total Tangible Assets	200 000	72 000	102 000	59 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	252 000	98 000	102 000	59 000
Stock	731 000	279 000	0	50 000
Total Investments	0	0	0	0
Cash, Bank	1 610 000	940 000	446 000	460 000
Total Current Assets	3 076 000	2 643 000	1 547 000	1 741 000
Total Assets	3 328 000	2 741 000	1 649 000	1 801 000
Total Equity	1 814 000	1 481 000	817 000	701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 000	4 000
Creditors	102 000	381 000	188 000	650 000
Unpaid Taxes	638 000	446 000	327 000	308 000
Dividends	0	0	0	0
Other Current Debt	618 000	214 000	281 000	100 000
Total Current Debt	1 514 000	1 260 000	827 000	1 096 000
Total Equity and Debt	3 328 000	2 741 000	1 649 000	1 801 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,3 %	44,9 %	14,2 %	18,54 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	4,59 %	10,84 %	2,98 %	3,85 %
Current Ratio	2,03	2,1	1,87	1,59
Quick Ratio	3,93	2,69	1,87	1,66
Equity Ratio	0,55	0,54	0,5	0,39
Gross Profit Margin	75,97 %	76,12 %	59,96 %	70,36 %