SYSTRENING AS

6863 LEIKANGER

Finances

Share Ownership

Return on Equity

13,54 %

Current Ratio

4,88

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 215 000	2 366 000	2 083 000	2 292 000
Net Income	247 000	193 000	427 000	470 000
Total Assets	2 257 000	2 114 000	1 842 000	1 415 000
Total Equity	1 824 000	1 654 000	1 461 000	1 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 215 000	2 366 000	2 083 000	2 292 000
Expenditure	1 906 000	2 119 000	1 537 000	1 690 000
Operating Profit	309 000	247 000	546 000	603 000
Financial Income	9 000	3 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	9 000	3 000	2 000	1 000
Earnings Before Tax	317 000	250 000	548 000	603 000
Tax	70 000	57 000	122 000	133 000
Net Income	247 000	193 000	427 000	470 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 000	501 000	537 000	274 000
Total Current Assets	2 030 000	1 612 000	1 306 000	1 141 000
Total Assets	2 257 000	2 114 000	1 842 000	1 415 000
Total Retained Equity	1 774 000	1 604 000	1 411 000	985 000
Total Equity	1 824 000	1 654 000	1 461 000	1 035 000
Total Long-Term Debt	17 000	15 000	15 000	14 000
Total Current Debt	416 000	445 000	366 000	367 000
Total Equity and Debt	2 257 000	2 114 000	1 842 000	1 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 925 000	2 078 000	1 798 000	1 927 000
Other Income	290 000	288 000	285 000	365 000
Revenue	2 215 000	2 366 000	2 083 000	2 292 000
Cost of Goods Sold	20 000	29 000	9 000	32 000
Salary Costs	1 136 000	1 322 000	807 000	1 032 000
Depreciation	30 000	35 000	37 000	28 000
Impairment	0	0	0	0
Expenditure	1 906 000	2 119 000	1 537 000	1 690 000
Operating Profit	309 000	247 000	546 000	603 000
Financial Income	9 000	3 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	9 000	3 000	2 000	1 000
Dividends	77 000	0	0	0
Net Income	247 000	193 000	427 000	470 000

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	226 000	201 000	237 000	274 000
Total Tangible Assets	226 000	201 000	237 000	274 000
Total Fiancial Fixed Assets	0	300 000	300 000	0
Total Fixed Assets	226 000	501 000	537 000	274 000
Stock	0	0	0	3 000
Total Investments	0	0	0	0
Cash, Bank	1 975 000	1 527 000	1 270 000	1 116 000
Total Current Assets	2 030 000	1 612 000	1 306 000	1 141 000
Total Assets	2 257 000	2 114 000	1 842 000	1 415 000
Total Equity	1 824 000	1 654 000	1 461 000	1 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	15 000	15 000	14 000
Creditors	56 000	79 000	58 000	19 000
Unpaid Taxes	48 000	95 000	58 000	49 000
Dividends	77 000	0	0	0
Other Current Debt	167 000	214 000	130 000	171 000
Total Current Debt	416 000	445 000	366 000	367 000
Total Equity and Debt	2 257 000	2 114 000	1 842 000	1 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,54 %	11,67 %	29,23 %	45,41 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	13,95 %	10,44 %	26,21 %	26,31 %
Current Ratio	4,88	3,62	3,57	3,11
Quick Ratio	4,88	3,62	3,57	3,13
Equity Ratio	0,81	0,78	0,79	0,73
Gross Profit Margin	99,1 %	98,77 %	99,57 %	98,6 %