SYSTEM PARTNER AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

32,29 %

Current Ratio

2,05

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 819 000	1 737 000	1 720 000	1 717 000
Net Income	1 070 000	1 097 000	1 036 000	4 518 000
Total Assets	5 471 000	5 132 000	6 576 000	9 944 000
Total Equity	3 314 000	2 244 000	2 347 000	2 311 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 819 000	1 737 000	1 720 000	1 717 000
Expenditure	372 000	266 000	324 000	521 000
Operating Profit	1 447 000	1 471 000	1 396 000	1 196 000
Financial Income	0	1 000	25 000	3 683 000
Financial Costs	75 000	64 000	93 000	123 000
Financial Balance	−75 000	−63 000	−68 000	3 560 000
Earnings Before Tax	1 372 000	1 407 000	1 328 000	4 756 000
Tax	302 000	310 000	292 000	238 000
Net Income	1 070 000	1 097 000	1 036 000	4 518 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 802 000	4 950 000	5 138 000	5 376 000
Total Current Assets	669 000	182 000	1 438 000	4 568 000
Total Assets	5 471 000	5 132 000	6 576 000	9 944 000
Total Retained Equity	2 914 000	1 844 000	1 947 000	1 911 000
Total Equity	3 314 000	2 244 000	2 347 000	2 311 000
Total Long-Term Debt	1 830 000	2 369 000	2 915 000	3 336 000
Total Current Debt	327 000	519 000	1 314 000	4 297 000
Total Equity and Debt	5 471 000	5 132 000	6 576 000	9 944 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 819 000	13 000	13 000	34 000
Other Income	0	1 724 000	1 707 000	1 683 000
Revenue	1 819 000	1 737 000	1 720 000	1 717 000
Cost of Goods Sold	0	0	13 000	55 000
Salary Costs	0	0	0	0
Depreciation	148 000	188 000	238 000	238 000
Impairment	0	0	0	0
Expenditure	372 000	266 000	324 000	521 000
Operating Profit	1 447 000	1 471 000	1 396 000	1 196 000
Financial Income	0	1 000	25 000	3 683 000
Financial Costs	75 000	64 000	93 000	123 000
Financial Balance	−75 000	−63 000	−68 000	3 560 000
Dividends	0	1 200 000	1 000 000	4 000 000
Net Income	1 070 000	1 097 000	1 036 000	4 518 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 802 000	4 950 000	5 138 000	5 376 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 802 000	4 950 000	5 138 000	5 376 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 802 000	4 950 000	5 138 000	5 376 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	642 000	159 000	1 421 000	4 545 000
Total Current Assets	669 000	182 000	1 438 000	4 568 000
Total Assets	5 471 000	5 132 000	6 576 000	9 944 000
Total Equity	3 314 000	2 244 000	2 347 000	2 311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 830 000	2 369 000	2 915 000	3 336 000
Creditors	21 000	0	3 000	31 000
Unpaid Taxes	0	0	0	0
Dividends	0	1 200 000	1 000 000	4 000 000
Other Current Debt	5 000	204 000	4 000	15 000
Total Current Debt	327 000	519 000	1 314 000	4 297 000
Total Equity and Debt	5 471 000	5 132 000	6 576 000	9 944 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,29 %	48,89 %	44,14 %	195,5 %
Debt-to-Equity Ratio	0,55	1,06	1,24	1,44
Operating Profit Margin	79,55 %	84,69 %	81,16 %	69,66 %
Current Ratio	2,05	0,35	1,09	1,06
Quick Ratio	2,05	0,35	1,09	1,06
Equity Ratio	0,61	0,44	0,36	0,23
Gross Profit Margin	100 %	100 %	99,24 %	96,8 %