SYSTEMINVEST AS

9409 HARSTAD

Finances

Return on Equity

23,76 %

Current Ratio

3,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 171 000	3 614 000	1 891 000	1 527 000
Net Income	11 977 000	15 208 000	7 939 000	3 717 000
Total Assets	59 693 000	67 822 000	52 455 000	44 412 000
Total Equity	50 406 000	46 929 000	51 722 000	43 783 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 171 000	3 614 000	1 891 000	1 527 000
Expenditure	3 486 000	3 365 000	3 417 000	2 333 000
Operating Profit	−1 314 000	249 000	−1 525 000	−806 000
Financial Income	13 233 000	15 104 000	9 507 000	4 616 000
Financial Costs	1 000	0	1 000	0
Financial Balance	13 232 000	15 104 000	9 506 000	4 616 000
Earnings Before Tax	11 918 000	15 353 000	7 980 000	3 810 000
Tax	−59 000	145 000	42 000	93 000
Net Income	11 977 000	15 208 000	7 939 000	3 717 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 373 000	27 208 000	30 700 000	31 362 000
Total Current Assets	33 321 000	40 615 000	21 755 000	13 050 000
Total Assets	59 693 000	67 822 000	52 455 000	44 412 000
Total Retained Equity	40 406 000	36 929 000	41 722 000	33 783 000
Total Equity	50 406 000	46 929 000	51 722 000	43 783 000
Total Long-Term Debt	0	39 000	24 000	3 000
Total Current Debt	9 287 000	20 854 000	710 000	626 000
Total Equity and Debt	59 693 000	67 822 000	52 455 000	44 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 998 000	1 986 000	1 891 000	1 527 000
Other Income	173 000	1 629 000	0	0
Revenue	2 171 000	3 614 000	1 891 000	1 527 000
Cost of Goods Sold	35 000	0	2 000	23 000
Salary Costs	2 942 000	2 804 000	2 323 000	1 870 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 486 000	3 365 000	3 417 000	2 333 000
Operating Profit	−1 314 000	249 000	−1 525 000	−806 000
Financial Income	13 233 000	15 104 000	9 507 000	4 616 000
Financial Costs	1 000	0	1 000	0
Financial Balance	13 232 000	15 104 000	9 506 000	4 616 000
Dividends	8 500 000	8 000 000	0	0
Net Income	11 977 000	15 208 000	7 939 000	3 717 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	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	26 353 000	27 208 000	30 700 000	31 362 000
Total Fixed Assets	26 373 000	27 208 000	30 700 000	31 362 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 934 000	25 593 000	9 646 000	5 622 000
Total Current Assets	33 321 000	40 615 000	21 755 000	13 050 000
Total Assets	59 693 000	67 822 000	52 455 000	44 412 000
Total Equity	50 406 000	46 929 000	51 722 000	43 783 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	39 000	24 000	3 000
Creditors	120 000	13 000	23 000	71 000
Unpaid Taxes	108 000	136 000	106 000	152 000
Dividends	8 500 000	8 000 000	0	0
Other Current Debt	559 000	12 574 000	560 000	296 000
Total Current Debt	9 287 000	20 854 000	710 000	626 000
Total Equity and Debt	59 693 000	67 822 000	52 455 000	44 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,76 %	32,41 %	15,35 %	8,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−60,53 %	6,89 %	−80,65 %	−52,78 %
Current Ratio	3,59	1,95	30,64	20,85
Quick Ratio	3,59	1,95	30,64	20,85
Equity Ratio	0,84	0,69	0,99	0,99
Gross Profit Margin	98,39 %	100 %	99,89 %	98,49 %