SYSTECH DESIGN AS

4344 BRYNE

Finances

Return on Equity

267,92 %

Current Ratio

0,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 110 000	1 777 000	1 457 000	1 054 000
Net Income	284 000	279 000	167 000	82 000
Total Assets	830 000	794 000	783 000	554 000
Total Equity	106 000	122 000	123 000	316 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 110 000	1 777 000	1 457 000	1 054 000
Expenditure	1 746 000	1 403 000	1 233 000	981 000
Operating Profit	364 000	374 000	223 000	73 000
Financial Income	0	0	23 000	22 000
Financial Costs	0	10 000	25 000	7 000
Financial Balance	0	−10 000	−2 000	15 000
Earnings Before Tax	364 000	365 000	221 000	88 000
Tax	81 000	87 000	53 000	6 000
Net Income	284 000	279 000	167 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	292 000	292 000	292 000	292 000
Total Current Assets	539 000	502 000	491 000	262 000
Total Assets	830 000	794 000	783 000	554 000
Total Retained Equity	6 000	22 000	23 000	216 000
Total Equity	106 000	122 000	123 000	316 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	724 000	672 000	660 000	237 000
Total Equity and Debt	830 000	794 000	783 000	554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 101 000	1 740 000	1 456 000	1 054 000
Other Income	9 000	38 000	1 000	0
Revenue	2 110 000	1 777 000	1 457 000	1 054 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 160 000	961 000	912 000	753 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 746 000	1 403 000	1 233 000	981 000
Operating Profit	364 000	374 000	223 000	73 000
Financial Income	0	0	23 000	22 000
Financial Costs	0	10 000	25 000	7 000
Financial Balance	0	−10 000	−2 000	15 000
Dividends	300 000	280 000	360 000	0
Net Income	284 000	279 000	167 000	82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	292 000	292 000	292 000	292 000
Total Tangible Assets	292 000	292 000	292 000	292 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	292 000	292 000	292 000	292 000
Stock	0	0	0	0
Total Investments	4 000	0	5 000	6 000
Cash, Bank	174 000	31 000	24 000	31 000
Total Current Assets	539 000	502 000	491 000	262 000
Total Assets	830 000	794 000	783 000	554 000
Total Equity	106 000	122 000	123 000	316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	16 000	28 000
Unpaid Taxes	185 000	180 000	109 000	88 000
Dividends	300 000	280 000	360 000	0
Other Current Debt	152 000	90 000	72 000	59 000
Total Current Debt	724 000	672 000	660 000	237 000
Total Equity and Debt	830 000	794 000	783 000	554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	267,92 %	228,69 %	135,77 %	25,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,25 %	21,05 %	15,31 %	6,93 %
Current Ratio	0,74	0,75	0,74	1,11
Quick Ratio	0,74	0,75	0,74	1,11
Equity Ratio	0,13	0,15	0,16	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %