SYSTEM-TRE AS

2406 ELVERUM

Finances

Share Ownership

Return on Equity

23,77 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 166 000	16 027 000	15 491 000	12 317 000
Net Income	816 000	1 055 000	913 000	547 000
Total Assets	8 066 000	7 278 000	6 855 000	5 402 000
Total Equity	3 433 000	3 367 000	2 613 000	2 099 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 166 000	16 027 000	15 491 000	12 317 000
Expenditure	14 035 000	14 590 000	14 219 000	11 522 000
Operating Profit	1 131 000	1 437 000	1 272 000	796 000
Financial Income	5 000	4 000	4 000	6 000
Financial Costs	89 000	86 000	105 000	95 000
Financial Balance	−84 000	−82 000	−101 000	−89 000
Earnings Before Tax	1 048 000	1 355 000	1 171 000	706 000
Tax	232 000	300 000	258 000	159 000
Net Income	816 000	1 055 000	913 000	547 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 111 000	3 340 000	3 316 000	2 866 000
Total Current Assets	4 955 000	3 939 000	3 539 000	2 536 000
Total Assets	8 066 000	7 278 000	6 855 000	5 402 000
Total Retained Equity	3 333 000	3 267 000	2 513 000	1 999 000
Total Equity	3 433 000	3 367 000	2 613 000	2 099 000
Total Long-Term Debt	1 693 000	1 917 000	2 097 000	1 833 000
Total Current Debt	2 939 000	1 994 000	2 146 000	1 470 000
Total Equity and Debt	8 066 000	7 278 000	6 855 000	5 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 800 000	15 488 000	15 010 000	11 928 000
Other Income	366 000	539 000	481 000	389 000
Revenue	15 166 000	16 027 000	15 491 000	12 317 000
Cost of Goods Sold	9 662 000	10 444 000	10 267 000	8 042 000
Salary Costs	2 408 000	2 373 000	2 363 000	2 011 000
Depreciation	293 000	290 000	250 000	119 000
Impairment	0	0	0	0
Expenditure	14 035 000	14 590 000	14 219 000	11 522 000
Operating Profit	1 131 000	1 437 000	1 272 000	796 000
Financial Income	5 000	4 000	4 000	6 000
Financial Costs	89 000	86 000	105 000	95 000
Financial Balance	−84 000	−82 000	−101 000	−89 000
Dividends	750 000	300 000	400 000	0
Net Income	816 000	1 055 000	913 000	547 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 301 000	2 355 000	2 472 000	2 567 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	795 000	970 000	829 000	284 000
Total Tangible Assets	3 096 000	3 325 000	3 301 000	2 851 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	3 111 000	3 340 000	3 316 000	2 866 000
Stock	550 000	650 000	575 000	690 000
Total Investments	0	0	0	0
Cash, Bank	2 534 000	1 861 000	1 893 000	550 000
Total Current Assets	4 955 000	3 939 000	3 539 000	2 536 000
Total Assets	8 066 000	7 278 000	6 855 000	5 402 000
Total Equity	3 433 000	3 367 000	2 613 000	2 099 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 693 000	1 917 000	2 097 000	1 833 000
Creditors	1 100 000	720 000	815 000	776 000
Unpaid Taxes	518 000	334 000	462 000	350 000
Dividends	750 000	300 000	400 000	0
Other Current Debt	334 000	678 000	240 000	192 000
Total Current Debt	2 939 000	1 994 000	2 146 000	1 470 000
Total Equity and Debt	8 066 000	7 278 000	6 855 000	5 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,77 %	31,33 %	34,94 %	26,06 %
Debt-to-Equity Ratio	0,49	0,57	0,8	0,87
Operating Profit Margin	7,46 %	8,97 %	8,21 %	6,46 %
Current Ratio	1,69	1,98	1,65	1,73
Quick Ratio	2,07	2,93	2,25	3,25
Equity Ratio	0,43	0,46	0,38	0,39
Gross Profit Margin	36,29 %	34,83 %	33,72 %	34,71 %