SYSTEMSTILLAS AS

5303 FOLLESE

Finances

Share Ownership

Return on Equity

9,46 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	271 000	152 000	934 000	609 000
Net Income	73 000	−36 000	397 000	236 000
Total Assets	1 078 000	1 093 000	1 192 000	670 000
Total Equity	772 000	699 000	735 000	338 000

Income (NOK)	2021	2020	2019	2018
Revenue	271 000	152 000	934 000	609 000
Expenditure	172 000	189 000	405 000	299 000
Operating Profit	99 000	−38 000	529 000	310 000
Financial Income	0	0	0	0
Financial Costs	0	9 000	20 000	4 000
Financial Balance	0	−9 000	−20 000	−4 000
Earnings Before Tax	99 000	−47 000	509 000	306 000
Tax	26 000	−10 000	112 000	70 000
Net Income	73 000	−36 000	397 000	236 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	196 000	332 000	220 000	244 000
Total Current Assets	881 000	761 000	972 000	426 000
Total Assets	1 078 000	1 093 000	1 192 000	670 000
Total Retained Equity	747 000	674 000	711 000	314 000
Total Equity	772 000	699 000	735 000	338 000
Total Long-Term Debt	0	1 000	6 000	8 000
Total Current Debt	306 000	393 000	451 000	324 000
Total Equity and Debt	1 078 000	1 093 000	1 192 000	670 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	245 000	152 000	934 000	609 000
Other Income	26 000	0	0	0
Revenue	271 000	152 000	934 000	609 000
Cost of Goods Sold	0	0	0	220 000
Salary Costs	0	0	0	0
Depreciation	74 000	114 000	59 000	23 000
Impairment	0	0	0	0
Expenditure	172 000	189 000	405 000	299 000
Operating Profit	99 000	−38 000	529 000	310 000
Financial Income	0	0	0	0
Financial Costs	0	9 000	20 000	4 000
Financial Balance	0	−9 000	−20 000	−4 000
Dividends	0	0	0	0
Net Income	73 000	−36 000	397 000	236 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	196 000	271 000	136 000	136 000
Fixtures	0	61 000	84 000	107 000
Total Tangible Assets	196 000	332 000	220 000	244 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	196 000	332 000	220 000	244 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	86 000	0	178 000	95 000
Total Current Assets	881 000	761 000	972 000	426 000
Total Assets	1 078 000	1 093 000	1 192 000	670 000
Total Equity	772 000	699 000	735 000	338 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	6 000	8 000
Creditors	80 000	51 000	79 000	4 000
Unpaid Taxes	−1 000	52 000	59 000	57 000
Dividends	0	0	0	0
Other Current Debt	200 000	235 000	200 000	200 000
Total Current Debt	306 000	393 000	451 000	324 000
Total Equity and Debt	1 078 000	1 093 000	1 192 000	670 000

Financial indicators	2021	2020	2019	2018
Return on Equity	9,46 %	−5,15 %	54,01 %	69,82 %
Debt-to-Equity Ratio	0	0	0,01	0,02
Operating Profit Margin	36,53 %	−25 %	56,64 %	50,9 %
Current Ratio	2,88	1,94	2,16	1,31
Quick Ratio	2,88	1,94	2,16	1,31
Equity Ratio	0,72	0,64	0,62	0,5
Gross Profit Margin	100 %	100 %	100 %	63,88 %