SYSTUE RAM AS

2010 STRØMMEN

Finances

Share Ownership

Return on Equity

24,8 %

Current Ratio

3,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 914 000	2 645 000	2 003 000	1 443 000
Net Income	376 000	270 000	403 000	137 000
Total Assets	2 111 000	1 635 000	1 271 000	692 000
Total Equity	1 516 000	1 140 000	870 000	467 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 914 000	2 645 000	2 003 000	1 443 000
Expenditure	2 432 000	2 298 000	1 485 000	1 269 000
Operating Profit	482 000	347 000	519 000	175 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Earnings Before Tax	482 000	346 000	518 000	175 000
Tax	106 000	76 000	115 000	39 000
Net Income	376 000	270 000	403 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	129 000	140 000	156 000	196 000
Total Current Assets	1 982 000	1 495 000	1 114 000	496 000
Total Assets	2 111 000	1 635 000	1 271 000	692 000
Total Retained Equity	1 486 000	1 110 000	840 000	437 000
Total Equity	1 516 000	1 140 000	870 000	467 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	595 000	495 000	401 000	225 000
Total Equity and Debt	2 111 000	1 635 000	1 271 000	692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 914 000	2 645 000	2 003 000	1 443 000
Other Income	0	0	0	0
Revenue	2 914 000	2 645 000	2 003 000	1 443 000
Cost of Goods Sold	6 000	9 000	3 000	2 000
Salary Costs	2 062 000	1 969 000	1 181 000	990 000
Depreciation	32 000	0	0	0
Impairment	0	38 000	39 000	49 000
Expenditure	2 432 000	2 298 000	1 485 000	1 269 000
Operating Profit	482 000	347 000	519 000	175 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	376 000	270 000	403 000	137 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	111 000	140 000	156 000	196 000
Total Tangible Assets	129 000	140 000	156 000	196 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	129 000	140 000	156 000	196 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 629 000	1 495 000	1 102 000	496 000
Total Current Assets	1 982 000	1 495 000	1 114 000	496 000
Total Assets	2 111 000	1 635 000	1 271 000	692 000
Total Equity	1 516 000	1 140 000	870 000	467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	−7 000	3 000	0
Unpaid Taxes	275 000	228 000	174 000	83 000
Dividends	0	0	0	0
Other Current Debt	207 000	199 000	108 000	103 000
Total Current Debt	595 000	495 000	401 000	225 000
Total Equity and Debt	2 111 000	1 635 000	1 271 000	692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,8 %	23,68 %	46,32 %	29,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,54 %	13,12 %	25,91 %	12,13 %
Current Ratio	3,33	3,02	2,78	2,2
Quick Ratio	3,33	3,02	2,78	2,2
Equity Ratio	0,72	0,7	0,68	0,67
Gross Profit Margin	99,79 %	99,66 %	99,85 %	99,86 %