SYSTEMSOFT HOLDING AS

1388 BORGEN

Finances

Return on Equity

6,14 %

Current Ratio

19,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 774 000	1 584 000	1 047 000	1 453 000
Net Income	1 957 000	1 623 000	1 396 000	1 829 000
Total Assets	32 931 000	31 074 000	29 506 000	28 350 000
Total Equity	31 890 000	30 432 000	29 010 000	27 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 774 000	1 584 000	1 047 000	1 453 000
Expenditure	587 000	559 000	526 000	528 000
Operating Profit	1 188 000	1 024 000	522 000	925 000
Financial Income	1 169 000	929 000	1 107 000	1 270 000
Financial Costs	0	0	0	0
Financial Balance	1 169 000	929 000	1 107 000	1 270 000
Earnings Before Tax	2 357 000	1 954 000	1 629 000	2 194 000
Tax	399 000	331 000	233 000	365 000
Net Income	1 957 000	1 623 000	1 396 000	1 829 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 926 000	21 895 000	23 155 000	25 123 000
Total Current Assets	20 006 000	9 178 000	6 352 000	3 227 000
Total Assets	32 931 000	31 074 000	29 506 000	28 350 000
Total Retained Equity	31 830 000	30 372 000	28 950 000	27 704 000
Total Equity	31 890 000	30 432 000	29 010 000	27 764 000
Total Long-Term Debt	1 000	1 000	0	2 000
Total Current Debt	1 041 000	640 000	497 000	584 000
Total Equity and Debt	32 931 000	31 074 000	29 506 000	28 350 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 769 000	1 584 000	1 047 000	1 453 000
Other Income	5 000	0	0	0
Revenue	1 774 000	1 584 000	1 047 000	1 453 000
Cost of Goods Sold	0	0	0	0
Salary Costs	315 000	316 000	307 000	307 000
Depreciation	34 000	9 000	19 000	9 000
Impairment	0	0	0	10 000
Expenditure	587 000	559 000	526 000	528 000
Operating Profit	1 188 000	1 024 000	522 000	925 000
Financial Income	1 169 000	929 000	1 107 000	1 270 000
Financial Costs	0	0	0	0
Financial Balance	1 169 000	929 000	1 107 000	1 270 000
Dividends	500 000	200 000	150 000	100 000
Net Income	1 957 000	1 623 000	1 396 000	1 829 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 768 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	165 000	27 000	36 000	55 000
Total Tangible Assets	6 932 000	27 000	36 000	55 000
Total Fiancial Fixed Assets	5 993 000	21 868 000	23 118 000	25 068 000
Total Fixed Assets	12 926 000	21 895 000	23 155 000	25 123 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	19 828 000	8 776 000	6 080 000	2 294 000
Total Current Assets	20 006 000	9 178 000	6 352 000	3 227 000
Total Assets	32 931 000	31 074 000	29 506 000	28 350 000
Total Equity	31 890 000	30 432 000	29 010 000	27 764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	0	2 000
Creditors	17 000	7 000	6 000	6 000
Unpaid Taxes	96 000	75 000	78 000	84 000
Dividends	500 000	200 000	150 000	100 000
Other Current Debt	28 000	28 000	28 000	27 000
Total Current Debt	1 041 000	640 000	497 000	584 000
Total Equity and Debt	32 931 000	31 074 000	29 506 000	28 350 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,14 %	5,33 %	4,81 %	6,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,97 %	64,65 %	49,86 %	63,66 %
Current Ratio	19,22	14,34	12,78	5,53
Quick Ratio	19,22	14,34	12,78	5,53
Equity Ratio	0,97	0,98	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %