SYSTEM TEKNIKK AS

4365 NÆRBØ

Finances

Share Ownership

Return on Equity

22,52 %

Current Ratio

1,79

Debt-to-Equity Ratio

2,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 330 000	3 718 000	4 388 000	3 953 000
Net Income	527 000	389 000	496 000	826 000
Total Assets	8 041 000	7 492 000	7 362 000	7 039 000
Total Equity	2 340 000	1 812 000	1 424 000	927 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 330 000	3 718 000	4 388 000	3 953 000
Expenditure	4 415 000	3 031 000	3 568 000	2 884 000
Operating Profit	915 000	686 000	820 000	1 069 000
Financial Income	0	0	1 000	0
Financial Costs	238 000	186 000	184 000	5 000
Financial Balance	−238 000	−186 000	−183 000	−5 000
Earnings Before Tax	677 000	500 000	636 000	1 064 000
Tax	149 000	111 000	140 000	238 000
Net Income	527 000	389 000	496 000	826 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 582 000	6 556 000	6 223 000	6 349 000
Total Current Assets	1 459 000	936 000	1 139 000	690 000
Total Assets	8 041 000	7 492 000	7 362 000	7 039 000
Total Retained Equity	2 240 000	1 712 000	1 324 000	827 000
Total Equity	2 340 000	1 812 000	1 424 000	927 000
Total Long-Term Debt	4 884 000	5 053 000	5 003 000	5 253 000
Total Current Debt	817 000	627 000	936 000	859 000
Total Equity and Debt	8 041 000	7 492 000	7 362 000	7 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 186 000	3 513 000	4 238 000	3 953 000
Other Income	144 000	204 000	150 000	0
Revenue	5 330 000	3 718 000	4 388 000	3 953 000
Cost of Goods Sold	2 330 000	1 364 000	1 385 000	1 187 000
Salary Costs	824 000	820 000	1 489 000	1 140 000
Depreciation	148 000	152 000	126 000	40 000
Impairment	0	0	0	0
Expenditure	4 415 000	3 031 000	3 568 000	2 884 000
Operating Profit	915 000	686 000	820 000	1 069 000
Financial Income	0	0	1 000	0
Financial Costs	238 000	186 000	184 000	5 000
Financial Balance	−238 000	−186 000	−183 000	−5 000
Dividends	0	0	0	0
Net Income	527 000	389 000	496 000	826 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 750 000	5 750 000	5 750 000	5 750 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	832 000	806 000	473 000	599 000
Total Tangible Assets	6 582 000	6 556 000	6 223 000	6 349 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 582 000	6 556 000	6 223 000	6 349 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	382 000	592 000	663 000	27 000
Total Current Assets	1 459 000	936 000	1 139 000	690 000
Total Assets	8 041 000	7 492 000	7 362 000	7 039 000
Total Equity	2 340 000	1 812 000	1 424 000	927 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 884 000	5 053 000	5 003 000	5 253 000
Creditors	301 000	34 000	33 000	218 000
Unpaid Taxes	181 000	209 000	152 000	168 000
Dividends	0	0	0	0
Other Current Debt	222 000	266 000	609 000	120 000
Total Current Debt	817 000	627 000	936 000	859 000
Total Equity and Debt	8 041 000	7 492 000	7 362 000	7 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,52 %	21,47 %	34,83 %	89,1 %
Debt-to-Equity Ratio	2,09	2,79	3,51	5,67
Operating Profit Margin	17,17 %	18,45 %	18,69 %	27,04 %
Current Ratio	1,79	1,49	1,22	0,8
Quick Ratio	1,79	1,49	1,22	0,8
Equity Ratio	0,29	0,24	0,19	0,13
Gross Profit Margin	56,29 %	63,31 %	68,44 %	69,97 %