SYSTEMVASK AS

7044 TRONDHEIM

Finances

Share Ownership

Return on Equity

158,54 %

Current Ratio

0,98

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 172 000	10 532 000	12 203 000	12 118 000
Net Income	195 000	85 000	305 000	383 000
Total Assets	2 221 000	2 475 000	3 771 000	3 216 000
Total Equity	123 000	100 000	182 000	175 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 172 000	10 532 000	12 203 000	12 118 000
Expenditure	7 919 000	10 413 000	11 811 000	11 623 000
Operating Profit	253 000	119 000	393 000	495 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	8 000	1 000	1 000	3 000
Financial Balance	−4 000	−1 000	0	−2 000
Earnings Before Tax	249 000	118 000	393 000	493 000
Tax	55 000	33 000	87 000	110 000
Net Income	195 000	85 000	305 000	383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	241 000	225 000	229 000
Total Current Assets	2 051 000	2 235 000	3 546 000	2 987 000
Total Assets	2 221 000	2 475 000	3 771 000	3 216 000
Total Retained Equity	21 000	−2 000	7 000	0
Total Equity	123 000	100 000	182 000	175 000
Total Long-Term Debt	2 000	2 000	0	0
Total Current Debt	2 096 000	2 373 000	3 589 000	3 041 000
Total Equity and Debt	2 221 000	2 475 000	3 771 000	3 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 172 000	10 484 000	12 185 000	12 118 000
Other Income	0	48 000	18 000	0
Revenue	8 172 000	10 532 000	12 203 000	12 118 000
Cost of Goods Sold	378 000	543 000	700 000	668 000
Salary Costs	6 436 000	8 488 000	9 695 000	9 646 000
Depreciation	71 000	75 000	79 000	93 000
Impairment	0	0	0	0
Expenditure	7 919 000	10 413 000	11 811 000	11 623 000
Operating Profit	253 000	119 000	393 000	495 000
Financial Income	4 000	0	1 000	1 000
Financial Costs	8 000	1 000	1 000	3 000
Financial Balance	−4 000	−1 000	0	−2 000
Dividends	0	0	298 000	157 000
Net Income	195 000	85 000	305 000	383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	27 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	18 000	27 000	55 000	136 000
Fixtures	152 000	213 000	143 000	33 000
Total Tangible Assets	170 000	241 000	198 000	170 000
Total Fiancial Fixed Assets	0	0	0	43 000
Total Fixed Assets	170 000	241 000	225 000	229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 098 000	1 262 000	2 323 000	1 173 000
Total Current Assets	2 051 000	2 235 000	3 546 000	2 987 000
Total Assets	2 221 000	2 475 000	3 771 000	3 216 000
Total Equity	123 000	100 000	182 000	175 000
Short-Term Group Debt	220 000	99 000	0	0
Total Long-Term Debt	2 000	2 000	0	0
Creditors	178 000	273 000	151 000	131 000
Unpaid Taxes	558 000	672 000	1 119 000	906 000
Dividends	0	0	298 000	157 000
Other Current Debt	1 133 000	1 330 000	1 923 000	1 774 000
Total Current Debt	2 096 000	2 373 000	3 589 000	3 041 000
Total Equity and Debt	2 221 000	2 475 000	3 771 000	3 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	158,54 %	85 %	167,58 %	218,86 %
Debt-to-Equity Ratio	0,02	0,02	0	0
Operating Profit Margin	3,1 %	1,13 %	3,22 %	4,08 %
Current Ratio	0,98	0,94	0,99	0,98
Quick Ratio	0,98	0,94	0,99	0,98
Equity Ratio	0,06	0,04	0,05	0,05
Gross Profit Margin	95,37 %	94,84 %	94,26 %	94,49 %