RS-SYSTEMS AS

6092 FOSNAVÅG

Finances

Share Ownership

Return on Equity

51,9 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 080 000	13 547 000	21 127 000	27 754 000
Net Income	5 818 000	983 000	725 000	2 340 000
Total Assets	20 431 000	15 548 000	15 781 000	22 423 000
Total Equity	11 210 000	8 392 000	7 410 000	6 685 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 080 000	13 547 000	21 127 000	27 754 000
Expenditure	26 286 000	12 392 000	21 151 000	23 995 000
Operating Profit	5 980 000	1 153 000	−24 000	3 759 000
Financial Income	1 346 000	619 000	1 582 000	107 000
Financial Costs	−289 000	512 000	627 000	866 000
Financial Balance	1 635 000	107 000	955 000	−759 000
Earnings Before Tax	7 459 000	1 261 000	931 000	3 000 000
Tax	1 641 000	278 000	206 000	660 000
Net Income	5 818 000	983 000	725 000	2 340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 417 000	4 947 000	5 165 000	3 986 000
Total Current Assets	16 014 000	10 601 000	10 617 000	18 437 000
Total Assets	20 431 000	15 548 000	15 781 000	22 423 000
Total Retained Equity	11 010 000	8 192 000	7 210 000	6 485 000
Total Equity	11 210 000	8 392 000	7 410 000	6 685 000
Total Long-Term Debt	1 442 000	1 477 000	1 800 000	3 121 000
Total Current Debt	7 780 000	5 679 000	6 572 000	12 617 000
Total Equity and Debt	20 431 000	15 548 000	15 781 000	22 423 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 080 000	13 547 000	21 152 000	27 600 000
Other Income	0	0	−25 000	154 000
Revenue	31 080 000	13 547 000	21 127 000	27 754 000
Cost of Goods Sold	18 196 000	5 619 000	15 218 000	17 661 000
Salary Costs	5 136 000	4 542 000	4 441 000	4 549 000
Depreciation	643 000	612 000	81 000	200 000
Impairment	0	0	0	0
Expenditure	26 286 000	12 392 000	21 151 000	23 995 000
Operating Profit	5 980 000	1 153 000	−24 000	3 759 000
Financial Income	1 346 000	619 000	1 582 000	107 000
Financial Costs	−289 000	512 000	627 000	866 000
Financial Balance	1 635 000	107 000	955 000	−759 000
Dividends	3 000 000	0	0	1 500 000
Net Income	5 818 000	983 000	725 000	2 340 000

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	1 361 000	1 924 000	2 487 000	2 385 000
Fixtures	210 000	165 000	148 000	110 000
Total Tangible Assets	1 571 000	2 089 000	2 636 000	2 495 000
Total Fiancial Fixed Assets	2 847 000	2 858 000	2 529 000	1 491 000
Total Fixed Assets	4 417 000	4 947 000	5 165 000	3 986 000
Stock	2 858 000	1 672 000	1 673 000	1 645 000
Total Investments	0	0	0	0
Cash, Bank	4 845 000	3 657 000	1 612 000	3 825 000
Total Current Assets	16 014 000	10 601 000	10 617 000	18 437 000
Total Assets	20 431 000	15 548 000	15 781 000	22 423 000
Total Equity	11 210 000	8 392 000	7 410 000	6 685 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 442 000	1 477 000	1 800 000	3 121 000
Creditors	1 742 000	1 867 000	1 302 000	1 544 000
Unpaid Taxes	490 000	299 000	323 000	384 000
Dividends	3 000 000	0	0	1 500 000
Other Current Debt	976 000	3 080 000	3 673 000	8 329 000
Total Current Debt	7 780 000	5 679 000	6 572 000	12 617 000
Total Equity and Debt	20 431 000	15 548 000	15 781 000	22 423 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,9 %	11,71 %	9,78 %	35 %
Debt-to-Equity Ratio	0,13	0,18	0,24	0,47
Operating Profit Margin	19,24 %	8,51 %	−0,11 %	13,54 %
Current Ratio	2,06	1,87	1,62	1,46
Quick Ratio	3,25	2,65	2,17	1,68
Equity Ratio	0,55	0,54	0,47	0,3
Gross Profit Margin	41,45 %	58,52 %	27,97 %	36,37 %