SYSTEMCO AS

4632 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

161,53 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	98 351 000	94 909 000	71 386 000	61 824 000
Net Income	9 986 000	13 681 000	6 321 000	5 512 000
Total Assets	26 242 000	31 293 000	21 285 000	20 318 000
Total Equity	6 182 000	3 996 000	3 315 000	1 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	98 351 000	94 909 000	71 386 000	61 824 000
Expenditure	85 620 000	77 557 000	63 336 000	54 827 000
Operating Profit	12 731 000	17 351 000	8 049 000	6 997 000
Financial Income	78 000	158 000	67 000	79 000
Financial Costs	4 000	8 000	10 000	5 000
Financial Balance	74 000	150 000	57 000	74 000
Earnings Before Tax	12 805 000	17 502 000	8 106 000	7 071 000
Tax	2 818 000	3 822 000	1 785 000	1 559 000
Net Income	9 986 000	13 681 000	6 321 000	5 512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 734 000	3 066 000	2 263 000	1 168 000
Total Current Assets	23 508 000	28 227 000	19 022 000	19 150 000
Total Assets	26 242 000	31 293 000	21 285 000	20 318 000
Total Retained Equity	5 782 000	3 596 000	2 915 000	1 595 000
Total Equity	6 182 000	3 996 000	3 315 000	1 995 000
Total Long-Term Debt	703 000	1 532 000	144 000	120 000
Total Current Debt	19 357 000	25 766 000	17 825 000	18 204 000
Total Equity and Debt	26 242 000	31 293 000	21 285 000	20 318 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	98 166 000	94 884 000	71 296 000	61 824 000
Other Income	185 000	25 000	90 000	0
Revenue	98 351 000	94 909 000	71 386 000	61 824 000
Cost of Goods Sold	66 068 000	60 849 000	51 009 000	43 397 000
Salary Costs	15 096 000	14 745 000	10 443 000	8 936 000
Depreciation	1 220 000	733 000	482 000	397 000
Impairment	0	0	0	0
Expenditure	85 620 000	77 557 000	63 336 000	54 827 000
Operating Profit	12 731 000	17 351 000	8 049 000	6 997 000
Financial Income	78 000	158 000	67 000	79 000
Financial Costs	4 000	8 000	10 000	5 000
Financial Balance	74 000	150 000	57 000	74 000
Dividends	0	13 000 000	5 000 000	5 500 000
Net Income	9 986 000	13 681 000	6 321 000	5 512 000

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	2 712 000	3 044 000	2 107 000	1 003 000
Fixtures	22 000	22 000	23 000	32 000
Total Tangible Assets	2 734 000	3 066 000	2 130 000	1 035 000
Total Fiancial Fixed Assets	0	0	133 000	133 000
Total Fixed Assets	2 734 000	3 066 000	2 263 000	1 168 000
Stock	87 000	366 000	161 000	33 000
Total Investments	0	0	0	0
Cash, Bank	15 062 000	10 884 000	14 124 000	11 425 000
Total Current Assets	23 508 000	28 227 000	19 022 000	19 150 000
Total Assets	26 242 000	31 293 000	21 285 000	20 318 000
Total Equity	6 182 000	3 996 000	3 315 000	1 995 000
Short-Term Group Debt	10 000 000	0	0	0
Total Long-Term Debt	703 000	1 532 000	144 000	120 000
Creditors	2 602 000	5 252 000	4 969 000	4 226 000
Unpaid Taxes	2 140 000	2 783 000	1 785 000	1 452 000
Dividends	0	13 000 000	5 000 000	5 500 000
Other Current Debt	3 167 000	2 296 000	4 310 000	5 754 000
Total Current Debt	19 357 000	25 766 000	17 825 000	18 204 000
Total Equity and Debt	26 242 000	31 293 000	21 285 000	20 318 000

Financial indicators	2022	2021	2020	2019
Return on Equity	161,53 %	342,37 %	190,68 %	276,29 %
Debt-to-Equity Ratio	0,11	0,38	0,04	0,06
Operating Profit Margin	12,94 %	18,28 %	11,28 %	11,32 %
Current Ratio	1,21	1,1	1,07	1,05
Quick Ratio	1,22	1,11	1,08	1,05
Equity Ratio	0,24	0,13	0,16	0,1
Gross Profit Margin	32,82 %	35,89 %	28,54 %	29,81 %