SYSTEM EIENDOM AS

6270 BRATTVÅG

Finances

Share Ownership

Return on Equity

−8,74 %

Current Ratio

Debt-to-Equity Ratio

1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	508 000	519 000	507 000	564 000
Net Income	−110 000	65 000	15 000	−72 000
Total Assets	2 961 000	2 652 000	2 725 000	2 881 000
Total Equity	1 258 000	1 369 000	1 304 000	1 289 000

Income (NOK)	2022	2021	2020	2019
Revenue	508 000	519 000	507 000	564 000
Expenditure	624 000	387 000	346 000	569 000
Operating Profit	−116 000	131 000	161 000	−5 000
Financial Income	41 000	0	1 000	26 000
Financial Costs	67 000	48 000	142 000	115 000
Financial Balance	−26 000	−48 000	−141 000	−89 000
Earnings Before Tax	−141 000	83 000	19 000	−93 000
Tax	−31 000	18 000	4 000	−20 000
Net Income	−110 000	65 000	15 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 590 000	2 179 000	2 128 000	2 072 000
Total Current Assets	370 000	473 000	597 000	809 000
Total Assets	2 961 000	2 652 000	2 725 000	2 881 000
Total Retained Equity	147 000	258 000	193 000	179 000
Total Equity	1 258 000	1 369 000	1 304 000	1 289 000
Total Long-Term Debt	1 518 000	1 138 000	1 268 000	1 300 000
Total Current Debt	185 000	146 000	153 000	291 000
Total Equity and Debt	2 961 000	2 652 000	2 725 000	2 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	508 000	519 000	507 000	564 000
Revenue	508 000	519 000	507 000	564 000
Cost of Goods Sold	46 000	71 000	68 000	96 000
Salary Costs	199 000	0	0	66 000
Depreciation	177 000	212 000	218 000	221 000
Impairment	0	0	0	0
Expenditure	624 000	387 000	346 000	569 000
Operating Profit	−116 000	131 000	161 000	−5 000
Financial Income	41 000	0	1 000	26 000
Financial Costs	67 000	48 000	142 000	115 000
Financial Balance	−26 000	−48 000	−141 000	−89 000
Dividends	0	0	0	0
Net Income	−110 000	65 000	15 000	−72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	92 000	60 000	24 000	0
Real Eastate	1 474 000	1 630 000	1 787 000	1 943 000
Machinery and Plant Facilities	0	7 000	51 000	94 000
Fixtures	11 000	24 000	16 000	35 000
Total Tangible Assets	1 484 000	1 661 000	1 854 000	2 072 000
Total Fiancial Fixed Assets	1 014 000	459 000	250 000	0
Total Fixed Assets	2 590 000	2 179 000	2 128 000	2 072 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	298 000	161 000	173 000	468 000
Total Current Assets	370 000	473 000	597 000	809 000
Total Assets	2 961 000	2 652 000	2 725 000	2 881 000
Total Equity	1 258 000	1 369 000	1 304 000	1 289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 518 000	1 138 000	1 268 000	1 300 000
Creditors	25 000	22 000	25 000	170 000
Unpaid Taxes	158 000	70 000	82 000	66 000
Dividends	0	0	0	0
Other Current Debt	0	0	5 000	0
Total Current Debt	185 000	146 000	153 000	291 000
Total Equity and Debt	2 961 000	2 652 000	2 725 000	2 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,74 %	4,75 %	1,15 %	−5,59 %
Debt-to-Equity Ratio	1,21	0,83	0,97	1,01
Operating Profit Margin	−22,83 %	25,24 %	31,76 %	−0,89 %
Current Ratio	2	3,24	3,9	2,78
Quick Ratio	2	3,24	3,9	2,78
Equity Ratio	0,42	0,52	0,48	0,45
Gross Profit Margin	90,94 %	86,32 %	86,59 %	82,98 %