SHOPSYSTEM AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

25,36 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 635 000	6 219 000	5 078 000	3 748 000
Net Income	278 000	116 000	242 000	207 000
Total Assets	2 428 000	2 519 000	1 510 000	997 000
Total Equity	1 096 000	818 000	702 000	460 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 635 000	6 219 000	5 078 000	3 748 000
Expenditure	7 210 000	6 028 000	4 751 000	3 465 000
Operating Profit	425 000	191 000	328 000	283 000
Financial Income	12 000	5 000	32 000	11 000
Financial Costs	81 000	48 000	50 000	29 000
Financial Balance	−69 000	−43 000	−18 000	−18 000
Earnings Before Tax	357 000	148 000	310 000	266 000
Tax	78 000	33 000	68 000	58 000
Net Income	278 000	116 000	242 000	207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 428 000	2 519 000	1 510 000	997 000
Total Assets	2 428 000	2 519 000	1 510 000	997 000
Total Retained Equity	1 004 000	726 000	610 000	369 000
Total Equity	1 096 000	818 000	702 000	460 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 332 000	1 701 000	808 000	537 000
Total Equity and Debt	2 428 000	2 519 000	1 510 000	997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 635 000	6 219 000	5 078 000	3 748 000
Other Income	0	0	0	0
Revenue	7 635 000	6 219 000	5 078 000	3 748 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 435 000	3 442 000	1 707 000	1 633 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 210 000	6 028 000	4 751 000	3 465 000
Operating Profit	425 000	191 000	328 000	283 000
Financial Income	12 000	5 000	32 000	11 000
Financial Costs	81 000	48 000	50 000	29 000
Financial Balance	−69 000	−43 000	−18 000	−18 000
Dividends	0	0	0	0
Net Income	278 000	116 000	242 000	207 000

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	120 000	288 000	208 000	50 000
Total Current Assets	2 428 000	2 519 000	1 510 000	997 000
Total Assets	2 428 000	2 519 000	1 510 000	997 000
Total Equity	1 096 000	818 000	702 000	460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	68 000	71 000	45 000	36 000
Unpaid Taxes	411 000	819 000	387 000	177 000
Dividends	0	0	0	0
Other Current Debt	456 000	451 000	308 000	265 000
Total Current Debt	1 332 000	1 701 000	808 000	537 000
Total Equity and Debt	2 428 000	2 519 000	1 510 000	997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,36 %	14,18 %	34,47 %	45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,57 %	3,07 %	6,46 %	7,55 %
Current Ratio	1,82	1,48	1,87	1,86
Quick Ratio	1,82	1,48	1,87	1,86
Equity Ratio	0,45	0,32	0,46	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %