SYSTEMAIR AS

4313 SANDNES

Finances

Return on Equity

110,56 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	614 053 000	567 177 000	561 792 000	604 661 000
Net Income	53 259 000	51 786 000	29 978 000	46 899 000
Total Assets	241 869 000	221 171 000	210 999 000	199 577 000
Total Equity	48 172 000	44 875 000	30 181 000	31 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	614 053 000	567 177 000	561 792 000	604 661 000
Expenditure	544 714 000	500 766 000	518 641 000	539 182 000
Operating Profit	69 338 000	60 054 000	46 104 000	60 647 000
Financial Income	4 404 000	8 747 000	3 892 000	2 902 000
Financial Costs	5 391 000	2 392 000	11 383 000	3 323 000
Financial Balance	−987 000	6 355 000	−7 491 000	−421 000
Earnings Before Tax	68 351 000	66 409 000	38 613 000	60 226 000
Tax	15 093 000	14 623 000	8 634 000	13 327 000
Net Income	53 259 000	51 786 000	29 978 000	46 899 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 641 000	59 046 000	65 218 000	69 970 000
Total Current Assets	187 228 000	162 125 000	145 782 000	129 607 000
Total Assets	241 869 000	221 171 000	210 999 000	199 577 000
Total Retained Equity	36 837 000	33 539 000	18 846 000	19 900 000
Total Equity	48 172 000	44 875 000	30 181 000	31 235 000
Total Long-Term Debt	33 433 000	32 749 000	41 529 000	36 163 000
Total Current Debt	160 264 000	143 547 000	139 289 000	132 179 000
Total Equity and Debt	241 869 000	221 171 000	210 999 000	199 577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	613 612 000	566 689 000	561 407 000	598 248 000
Other Income	440 000	488 000	385 000	6 413 000
Revenue	614 053 000	567 177 000	561 792 000	604 661 000
Cost of Goods Sold	365 016 000	331 245 000	341 184 000	359 694 000
Salary Costs	106 788 000	101 633 000	101 675 000	99 929 000
Depreciation	7 161 000	8 488 000	7 476 000	7 494 000
Impairment	0	0	0	0
Expenditure	544 714 000	500 766 000	518 641 000	539 182 000
Operating Profit	69 338 000	60 054 000	46 104 000	60 647 000
Financial Income	4 404 000	8 747 000	3 892 000	2 902 000
Financial Costs	5 391 000	2 392 000	11 383 000	3 323 000
Financial Balance	−987 000	6 355 000	−7 491 000	−421 000
Dividends	50 000 000	45 000 000	25 000 000	45 000 000
Net Income	53 259 000	51 786 000	29 978 000	46 899 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 861 000	8 305 000	9 619 000	8 212 000
Real Eastate	36 730 000	38 658 000	40 986 000	43 327 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 792 000	11 826 000	14 250 000	18 004 000
Total Tangible Assets	45 522 000	50 484 000	55 235 000	61 331 000
Total Fiancial Fixed Assets	257 000	257 000	363 000	427 000
Total Fixed Assets	54 641 000	59 046 000	65 218 000	69 970 000
Stock	38 627 000	35 582 000	41 940 000	38 986 000
Total Investments	0	0	0	0
Cash, Bank	4 956 000	46 848 000	33 806 000	6 389 000
Total Current Assets	187 228 000	162 125 000	145 782 000	129 607 000
Total Assets	241 869 000	221 171 000	210 999 000	199 577 000
Total Equity	48 172 000	44 875 000	30 181 000	31 235 000
Short-Term Group Debt	0	18 173 000	16 837 000	19 593 000
Total Long-Term Debt	33 433 000	32 749 000	41 529 000	36 163 000
Creditors	36 772 000	18 766 000	17 968 000	15 676 000
Unpaid Taxes	32 451 000	29 126 000	45 977 000	27 141 000
Dividends	50 000 000	45 000 000	25 000 000	45 000 000
Other Current Debt	18 185 000	16 944 000	17 710 000	15 939 000
Total Current Debt	160 264 000	143 547 000	139 289 000	132 179 000
Total Equity and Debt	241 869 000	221 171 000	210 999 000	199 577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,56 %	115,4 %	99,33 %	150,15 %
Debt-to-Equity Ratio	0,69	0,73	1,38	1,16
Operating Profit Margin	11,29 %	10,59 %	8,21 %	10,03 %
Current Ratio	1,17	1,13	1,05	0,98
Quick Ratio	1,54	1,5	1,5	1,39
Equity Ratio	0,2	0,2	0,14	0,16
Gross Profit Margin	40,56 %	41,6 %	39,27 %	40,51 %