BLUESYSTEMS AS

5420 RUBBESTADNESET

Finances

Return on Equity

−26,81 %

Current Ratio

0,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 954 000	2 905 000	2 922 000	2 792 000
Net Income	−115 000	58 000	57 000	55 000
Total Assets	1 654 000	1 833 000	1 437 000	1 008 000
Total Equity	429 000	543 000	485 000	429 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 954 000	2 905 000	2 922 000	2 792 000
Expenditure	2 963 000	2 744 000	2 791 000	2 716 000
Operating Profit	−9 000	160 000	131 000	76 000
Financial Income	0	1 000	1 000	0
Financial Costs	104 000	75 000	40 000	6 000
Financial Balance	−104 000	−74 000	−39 000	−6 000
Earnings Before Tax	−113 000	86 000	92 000	70 000
Tax	1 000	28 000	35 000	15 000
Net Income	−115 000	58 000	57 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 060 000	1 374 000	837 000	494 000
Total Current Assets	594 000	459 000	600 000	514 000
Total Assets	1 654 000	1 833 000	1 437 000	1 008 000
Total Retained Equity	329 000	443 000	385 000	329 000
Total Equity	429 000	543 000	485 000	429 000
Total Long-Term Debt	0	0	400 000	100 000
Total Current Debt	1 225 000	1 289 000	552 000	479 000
Total Equity and Debt	1 654 000	1 833 000	1 437 000	1 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 954 000	2 905 000	2 922 000	2 792 000
Other Income	0	0	0	0
Revenue	2 954 000	2 905 000	2 922 000	2 792 000
Cost of Goods Sold	222 000	273 000	356 000	407 000
Salary Costs	1 721 000	1 584 000	1 284 000	1 248 000
Depreciation	96 000	93 000	37 000	0
Impairment	0	0	0	0
Expenditure	2 963 000	2 744 000	2 791 000	2 716 000
Operating Profit	−9 000	160 000	131 000	76 000
Financial Income	0	1 000	1 000	0
Financial Costs	104 000	75 000	40 000	6 000
Financial Balance	−104 000	−74 000	−39 000	−6 000
Dividends	0	0	0	250 000
Net Income	−115 000	58 000	57 000	55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	824 000	840 000	334 000	0
Total Intangible Assets	824 000	840 000	334 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	0	0	0
Total Tangible Assets	11 000	0	0	0
Total Fiancial Fixed Assets	225 000	533 000	503 000	494 000
Total Fixed Assets	1 060 000	1 374 000	837 000	494 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	238 000	147 000	365 000	169 000
Total Current Assets	594 000	459 000	600 000	514 000
Total Assets	1 654 000	1 833 000	1 437 000	1 008 000
Total Equity	429 000	543 000	485 000	429 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	400 000	100 000
Creditors	209 000	100 000	76 000	−23 000
Unpaid Taxes	204 000	226 000	101 000	115 000
Dividends	0	0	0	250 000
Other Current Debt	112 000	93 000	104 000	122 000
Total Current Debt	1 225 000	1 289 000	552 000	479 000
Total Equity and Debt	1 654 000	1 833 000	1 437 000	1 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,81 %	10,68 %	11,75 %	12,82 %
Debt-to-Equity Ratio	0	0	0,82	0,23
Operating Profit Margin	−0,3 %	5,51 %	4,48 %	2,72 %
Current Ratio	0,48	0,36	1,09	1,07
Quick Ratio	0,48	0,36	1,09	1,07
Equity Ratio	0,26	0,3	0,34	0,43
Gross Profit Margin	92,48 %	90,6 %	87,82 %	85,42 %