SYSTEM AGENCY NORWAY AS

0870 OSLO

Finances

Share Ownership

Return on Equity

110,53 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	134 000	240 000	375 000	445 000
Net Income	21 000	34 000	−26 000	−62 000
Total Assets	114 000	89 000	120 000	150 000
Total Equity	19 000	0	−32 000	−6 000

Income (NOK)	2022	2021	2020	2019
Revenue	134 000	240 000	375 000	445 000
Expenditure	115 000	210 000	401 000	505 000
Operating Profit	20 000	30 000	−26 000	−60 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	1 000	−1 000	0	0
Earnings Before Tax	20 000	29 000	−26 000	−60 000
Tax	−1 000	−5 000	0	2 000
Net Income	21 000	34 000	−26 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	114 000	89 000	120 000	150 000
Total Assets	114 000	89 000	120 000	150 000
Total Retained Equity	−11 000	−28 000	−62 000	−36 000
Total Equity	19 000	0	−32 000	−6 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	95 000	89 000	152 000	156 000
Total Equity and Debt	114 000	89 000	120 000	150 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	134 000	240 000	375 000	445 000
Other Income	0	0	0	0
Revenue	134 000	240 000	375 000	445 000
Cost of Goods Sold	6 000	41 000	184 000	317 000
Salary Costs	0	46 000	53 000	92 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	115 000	210 000	401 000	505 000
Operating Profit	20 000	30 000	−26 000	−60 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	21 000	34 000	−26 000	−62 000

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	54 000	32 000	72 000	90 000
Total Current Assets	114 000	89 000	120 000	150 000
Total Assets	114 000	89 000	120 000	150 000
Total Equity	19 000	0	−32 000	−6 000
Short-Term Group Debt	0	0	39 000	0
Total Long-Term Debt	0	0	0	0
Creditors	92 000	88 000	99 000	88 000
Unpaid Taxes	1 000	0	14 000	25 000
Dividends	0	0	0	0
Other Current Debt	2 000	0	0	43 000
Total Current Debt	95 000	89 000	152 000	156 000
Total Equity and Debt	114 000	89 000	120 000	150 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,53 %	-	81,25 %	1 033,33 %
Debt-to-Equity Ratio	0	-	−0	−0
Operating Profit Margin	14,93 %	12,5 %	−6,93 %	−13,48 %
Current Ratio	1,2	1	0,79	0,96
Quick Ratio	1,2	1	0,79	0,96
Equity Ratio	0,17	0	−0,27	−0,04
Gross Profit Margin	95,52 %	82,92 %	50,93 %	28,76 %