NORSKE SERVICESYSTEMER AS

3515 HØNEFOSS

Finances

Share Ownership

Return on Equity

−32,15 %

Current Ratio

1,39

Debt-to-Equity Ratio

13,72

Key figures (NOK)	2021	2020	2019	2018
Revenue	19 109 000	19 624 000	22 109 000	23 114 000
Net Income	−408 000	−17 000	466 000	−538 000
Total Assets	27 727 000	28 298 000	28 514 000	29 667 000
Total Equity	1 269 000	1 677 000	1 694 000	3 279 000

Income (NOK)	2021	2020	2019	2018
Revenue	19 109 000	19 624 000	22 109 000	23 114 000
Expenditure	17 688 000	17 750 000	20 820 000	23 617 000
Operating Profit	784 000	1 325 000	1 289 000	−503 000
Financial Income	74 000	92 000	256 000	876 000
Financial Costs	1 057 000	1 428 000	943 000	1 014 000
Financial Balance	−983 000	−1 336 000	−687 000	−138 000
Earnings Before Tax	−200 000	−10 000	602 000	−641 000
Tax	−111 000	7 000	136 000	−102 000
Net Income	−408 000	−17 000	466 000	−538 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	15 124 000	15 727 000	15 958 000	16 598 000
Total Current Assets	12 603 000	12 571 000	12 556 000	13 069 000
Total Assets	27 727 000	28 298 000	28 514 000	29 667 000
Total Retained Equity	1 169 000	1 577 000	1 594 000	3 179 000
Total Equity	1 269 000	1 677 000	1 694 000	3 279 000
Total Long-Term Debt	17 409 000	17 814 000	17 395 000	17 768 000
Total Current Debt	9 049 000	8 807 000	9 424 000	8 620 000
Total Equity and Debt	27 727 000	28 298 000	28 514 000	29 667 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	18 746 000	19 418 000	20 142 000	22 855 000
Other Income	363 000	207 000	1 967 000	259 000
Revenue	19 109 000	19 624 000	22 109 000	23 114 000
Cost of Goods Sold	9 806 000	10 218 000	12 073 000	13 738 000
Salary Costs	4 084 000	3 826 000	4 452 000	5 770 000
Depreciation	602 000	632 000	661 000	662 000
Impairment	0	0	0	0
Expenditure	17 688 000	17 750 000	20 820 000	23 617 000
Operating Profit	784 000	1 325 000	1 289 000	−503 000
Financial Income	74 000	92 000	256 000	876 000
Financial Costs	1 057 000	1 428 000	943 000	1 014 000
Financial Balance	−983 000	−1 336 000	−687 000	−138 000
Dividends	0	0	0	0
Net Income	−408 000	−17 000	466 000	−538 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	70 000	70 000	70 000	565 000
Real Eastate	10 614 000	10 857 000	11 100 000	11 326 000
Machinery and Plant Facilities	0	153 000	0	0
Fixtures	1 643 000	1 849 000	1 990 000	2 339 000
Total Tangible Assets	12 257 000	12 859 000	13 090 000	13 665 000
Total Fiancial Fixed Assets	2 797 000	2 798 000	2 798 000	2 368 000
Total Fixed Assets	15 124 000	15 727 000	15 958 000	16 598 000
Stock	7 891 000	8 528 000	9 078 000	9 068 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	12 603 000	12 571 000	12 556 000	13 069 000
Total Assets	27 727 000	28 298 000	28 514 000	29 667 000
Total Equity	1 269 000	1 677 000	1 694 000	3 279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 409 000	17 814 000	17 395 000	17 768 000
Creditors	1 345 000	913 000	3 068 000	1 925 000
Unpaid Taxes	1 851 000	1 731 000	1 270 000	1 565 000
Dividends	0	0	0	0
Other Current Debt	475 000	472 000	614 000	852 000
Total Current Debt	9 049 000	8 807 000	9 424 000	8 620 000
Total Equity and Debt	27 727 000	28 298 000	28 514 000	29 667 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−32,15 %	−1,01 %	27,51 %	−16,41 %
Debt-to-Equity Ratio	13,72	10,62	10,27	5,42
Operating Profit Margin	4,1 %	6,75 %	5,83 %	−2,18 %
Current Ratio	1,39	1,43	1,33	1,52
Quick Ratio	10,88	45,06	36,29	−29,17
Equity Ratio	0,05	0,06	0,06	0,11
Gross Profit Margin	48,68 %	47,93 %	45,39 %	40,56 %