SYSTEMSIKRING AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

23,37 %

Current Ratio

2,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 085 000	47 533 000	42 419 000	33 746 000
Net Income	4 557 000	4 448 000	5 886 000	3 310 000
Total Assets	31 977 000	30 455 000	30 571 000	23 497 000
Total Equity	19 497 000	17 941 000	16 492 000	14 606 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 085 000	47 533 000	42 419 000	33 746 000
Expenditure	40 253 000	41 845 000	34 906 000	29 563 000
Operating Profit	5 832 000	5 688 000	7 513 000	4 184 000
Financial Income	15 000	7 000	30 000	35 000
Financial Costs	5 000	8 000	9 000	8 000
Financial Balance	10 000	−1 000	21 000	27 000
Earnings Before Tax	5 842 000	5 687 000	7 533 000	4 210 000
Tax	1 285 000	1 239 000	1 647 000	900 000
Net Income	4 557 000	4 448 000	5 886 000	3 310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 210 000	859 000	975 000	1 204 000
Total Current Assets	30 767 000	29 596 000	29 596 000	22 292 000
Total Assets	31 977 000	30 455 000	30 571 000	23 497 000
Total Retained Equity	19 397 000	17 841 000	16 392 000	14 506 000
Total Equity	19 497 000	17 941 000	16 492 000	14 606 000
Total Long-Term Debt	68 000	63 000	87 000	119 000
Total Current Debt	12 411 000	12 452 000	13 992 000	8 771 000
Total Equity and Debt	31 977 000	30 455 000	30 571 000	23 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 081 000	47 520 000	42 414 000	33 741 000
Other Income	4 000	13 000	5 000	5 000
Revenue	46 085 000	47 533 000	42 419 000	33 746 000
Cost of Goods Sold	19 891 000	23 203 000	17 945 000	14 002 000
Salary Costs	16 022 000	14 560 000	13 498 000	12 366 000
Depreciation	298 000	187 000	245 000	223 000
Impairment	0	0	0	0
Expenditure	40 253 000	41 845 000	34 906 000	29 563 000
Operating Profit	5 832 000	5 688 000	7 513 000	4 184 000
Financial Income	15 000	7 000	30 000	35 000
Financial Costs	5 000	8 000	9 000	8 000
Financial Balance	10 000	−1 000	21 000	27 000
Dividends	3 000 000	3 000 000	4 000 000	3 000 000
Net Income	4 557 000	4 448 000	5 886 000	3 310 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 000	14 000	15 000	0
Machinery and Plant Facilities	628 000	681 000	661 000	709 000
Fixtures	10 000	16 000	22 000	27 000
Total Tangible Assets	1 210 000	859 000	975 000	1 204 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 210 000	859 000	975 000	1 204 000
Stock	15 404 000	11 321 000	13 206 000	10 638 000
Total Investments	0	0	0	0
Cash, Bank	7 253 000	8 059 000	7 591 000	7 178 000
Total Current Assets	30 767 000	29 596 000	29 596 000	22 292 000
Total Assets	31 977 000	30 455 000	30 571 000	23 497 000
Total Equity	19 497 000	17 941 000	16 492 000	14 606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	68 000	63 000	87 000	119 000
Creditors	2 883 000	3 380 000	3 337 000	1 531 000
Unpaid Taxes	3 058 000	3 369 000	3 570 000	2 072 000
Dividends	3 000 000	3 000 000	4 000 000	3 000 000
Other Current Debt	2 190 000	1 486 000	1 438 000	1 268 000
Total Current Debt	12 411 000	12 452 000	13 992 000	8 771 000
Total Equity and Debt	31 977 000	30 455 000	30 571 000	23 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,37 %	24,79 %	35,69 %	22,66 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	12,65 %	11,97 %	17,71 %	12,4 %
Current Ratio	2,48	2,38	2,12	2,54
Quick Ratio	−10,28	26,17	37,65	−11,94
Equity Ratio	0,61	0,59	0,54	0,62
Gross Profit Margin	56,84 %	51,19 %	57,7 %	58,51 %