SYSTEM KREDITT AS

1911 FLATEBY

Finances

Share Ownership

Return on Equity

0,99 %

Current Ratio

−28,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	223 000	1 839 000	1 839 000	2 150 000
Net Income	16 000	11 000	11 000	5 000
Total Assets	1 573 000	1 883 000	1 883 000	1 841 000
Total Equity	1 609 000	1 585 000	1 585 000	1 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	223 000	1 839 000	1 839 000	2 150 000
Expenditure	182 000	1 809 000	1 809 000	2 150 000
Operating Profit	41 000	30 000	30 000	−1 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	0	3 000	3 000	3 000
Financial Balance	0	−2 000	−2 000	−1 000
Earnings Before Tax	41 000	28 000	28 000	−2 000
Tax	25 000	17 000	17 000	−6 000
Net Income	16 000	11 000	11 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	554 000	593 000	593 000	313 000
Total Current Assets	1 019 000	1 290 000	1 290 000	1 528 000
Total Assets	1 573 000	1 883 000	1 883 000	1 841 000
Total Retained Equity	1 409 000	1 385 000	1 385 000	1 374 000
Total Equity	1 609 000	1 585 000	1 585 000	1 574 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−36 000	298 000	298 000	267 000
Total Equity and Debt	1 573 000	1 883 000	1 883 000	1 841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	223 000	1 661 000	1 661 000	1 956 000
Other Income	0	178 000	178 000	194 000
Revenue	223 000	1 839 000	1 839 000	2 150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	25 000	1 046 000	1 046 000	1 399 000
Depreciation	57 000	98 000	98 000	83 000
Impairment	0	0	0	0
Expenditure	182 000	1 809 000	1 809 000	2 150 000
Operating Profit	41 000	30 000	30 000	−1 000
Financial Income	0	1 000	1 000	2 000
Financial Costs	0	3 000	3 000	3 000
Financial Balance	0	−2 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	16 000	11 000	11 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	253 000	253 000	309 000
Total Tangible Assets	57 000	253 000	253 000	309 000
Total Fiancial Fixed Assets	494 000	339 000	339 000	0
Total Fixed Assets	554 000	593 000	593 000	313 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	641 000	881 000	881 000	727 000
Total Current Assets	1 019 000	1 290 000	1 290 000	1 528 000
Total Assets	1 573 000	1 883 000	1 883 000	1 841 000
Total Equity	1 609 000	1 585 000	1 585 000	1 574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−122 000	46 000	46 000	0
Unpaid Taxes	60 000	117 000	117 000	130 000
Dividends	0	0	0	0
Other Current Debt	10 000	122 000	122 000	137 000
Total Current Debt	−36 000	298 000	298 000	267 000
Total Equity and Debt	1 573 000	1 883 000	1 883 000	1 841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,99 %	0,69 %	0,69 %	0,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,39 %	1,63 %	1,63 %	−0,05 %
Current Ratio	−28,31	4,33	4,33	5,72
Quick Ratio	−28,31	4,33	4,33	5,72
Equity Ratio	1,02	0,84	0,84	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %