SYSTEMA AS

0166 OSLO

Finances

Share Ownership

Return on Equity

28,38 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 266 000	15 244 000	15 167 000	7 735 000
Net Income	2 055 000	1 220 000	991 000	124 000
Total Assets	11 048 000	9 544 000	8 126 000	7 269 000
Total Equity	7 242 000	5 187 000	3 967 000	2 976 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 266 000	15 244 000	15 167 000	7 735 000
Expenditure	14 632 000	13 747 000	13 932 000	7 659 000
Operating Profit	2 635 000	1 498 000	1 234 000	76 000
Financial Income	2 000	9 000	12 000	0
Financial Costs	2 000	1 000	16 000	0
Financial Balance	0	8 000	−4 000	0
Earnings Before Tax	2 635 000	1 505 000	1 230 000	76 000
Tax	580 000	285 000	239 000	−48 000
Net Income	2 055 000	1 220 000	991 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	96 000	49 000	188 000	323 000
Total Current Assets	10 952 000	9 495 000	7 937 000	6 946 000
Total Assets	11 048 000	9 544 000	8 126 000	7 269 000
Total Retained Equity	6 695 000	4 640 000	3 419 000	2 429 000
Total Equity	7 242 000	5 187 000	3 967 000	2 976 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 806 000	4 357 000	4 159 000	4 293 000
Total Equity and Debt	11 048 000	9 544 000	8 126 000	7 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 522 000	14 506 000	15 167 000	7 735 000
Other Income	3 743 000	739 000	0	0
Revenue	17 266 000	15 244 000	15 167 000	7 735 000
Cost of Goods Sold	1 621 000	1 513 000	1 419 000	645 000
Salary Costs	10 839 000	10 450 000	8 882 000	4 564 000
Depreciation	24 000	151 000	257 000	104 000
Impairment	0	0	0	0
Expenditure	14 632 000	13 747 000	13 932 000	7 659 000
Operating Profit	2 635 000	1 498 000	1 234 000	76 000
Financial Income	2 000	9 000	12 000	0
Financial Costs	2 000	1 000	16 000	0
Financial Balance	0	8 000	−4 000	0
Dividends	0	0	0	0
Net Income	2 055 000	1 220 000	991 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	49 000	37 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	62 000	0	151 000	272 000
Total Tangible Assets	62 000	0	151 000	272 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	96 000	49 000	188 000	323 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 251 000	8 075 000	6 148 000	4 641 000
Total Current Assets	10 952 000	9 495 000	7 937 000	6 946 000
Total Assets	11 048 000	9 544 000	8 126 000	7 269 000
Total Equity	7 242 000	5 187 000	3 967 000	2 976 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	458 000	374 000	521 000	599 000
Unpaid Taxes	1 790 000	1 489 000	918 000	903 000
Dividends	0	0	0	0
Other Current Debt	922 000	2 197 000	2 571 000	2 710 000
Total Current Debt	3 806 000	4 357 000	4 159 000	4 293 000
Total Equity and Debt	11 048 000	9 544 000	8 126 000	7 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,38 %	23,52 %	24,98 %	4,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,26 %	9,83 %	8,14 %	0,98 %
Current Ratio	2,88	2,18	1,91	1,62
Quick Ratio	2,88	2,18	1,91	1,62
Equity Ratio	0,66	0,54	0,49	0,41
Gross Profit Margin	90,61 %	90,07 %	90,64 %	91,66 %