SYSTIMA AS

0655 OSLO

Finances

Share Ownership

Return on Equity

−11,81 %

Current Ratio

7,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	638 000	4 106 000	733 000	282 000
Net Income	−1 298 000	584 000	−175 000	−37 000
Total Assets	12 195 000	3 687 000	137 000	153 000
Total Equity	10 992 000	921 000	−63 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	638 000	4 106 000	733 000	282 000
Expenditure	2 306 000	3 503 000	952 000	321 000
Operating Profit	−1 668 000	603 000	−220 000	−40 000
Financial Income	6 000	0	0	0
Financial Costs	22 000	1 000	0	0
Financial Balance	−16 000	−1 000	0	0
Earnings Before Tax	−1 684 000	602 000	−220 000	−40 000
Tax	−387 000	18 000	−45 000	−2 000
Net Income	−1 298 000	584 000	−175 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 921 000	17 000	111 000	100 000
Total Current Assets	9 274 000	3 670 000	26 000	53 000
Total Assets	12 195 000	3 687 000	137 000	153 000
Total Retained Equity	−807 000	491 000	−93 000	82 000
Total Equity	10 992 000	921 000	−63 000	112 000
Total Long-Term Debt	0	18 000	0	4 000
Total Current Debt	1 203 000	2 748 000	201 000	38 000
Total Equity and Debt	12 195 000	3 687 000	137 000	153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	638 000	4 106 000	732 000	282 000
Other Income	0	0	1 000	0
Revenue	638 000	4 106 000	733 000	282 000
Cost of Goods Sold	0	3 200 000	890 000	269 000
Salary Costs	597 000	0	0	0
Depreciation	920 000	0	30 000	43 000
Impairment	0	0	0	0
Expenditure	2 306 000	3 503 000	952 000	321 000
Operating Profit	−1 668 000	603 000	−220 000	−40 000
Financial Income	6 000	0	0	0
Financial Costs	22 000	1 000	0	0
Financial Balance	−16 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−1 298 000	584 000	−175 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 921 000	17 000	41 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	70 000	100 000
Total Tangible Assets	0	0	70 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 921 000	17 000	111 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 955 000	259 000	20 000	49 000
Total Current Assets	9 274 000	3 670 000	26 000	53 000
Total Assets	12 195 000	3 687 000	137 000	153 000
Total Equity	10 992 000	921 000	−63 000	112 000
Short-Term Group Debt	1 000	0	0	0
Total Long-Term Debt	0	18 000	0	4 000
Creditors	697 000	2 193 000	185 000	40 000
Unpaid Taxes	320 000	54 000	−40 000	−2 000
Dividends	0	0	0	0
Other Current Debt	185 000	501 000	56 000	0
Total Current Debt	1 203 000	2 748 000	201 000	38 000
Total Equity and Debt	12 195 000	3 687 000	137 000	153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,81 %	63,41 %	277,78 %	−33,04 %
Debt-to-Equity Ratio	0	0,02	−0	0,04
Operating Profit Margin	−261,44 %	14,69 %	−30,01 %	−14,18 %
Current Ratio	7,71	1,34	0,13	1,39
Quick Ratio	7,71	1,34	0,13	1,39
Equity Ratio	0,9	0,25	−0,46	0,73
Gross Profit Margin	100 %	22,07 %	−21,42 %	4,61 %