EURO SAFETY AS

4085 HUNDVÅG

Finances

Return on Equity

19,75 %

Current Ratio

2,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 310 000	1 191 000	2 050 000	1 488 000
Net Income	482 000	59 000	953 000	208 000
Total Assets	3 342 000	3 125 000	2 863 000	1 908 000
Total Equity	2 440 000	2 376 000	2 373 000	1 689 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 310 000	1 191 000	2 050 000	1 488 000
Expenditure	1 389 000	1 215 000	1 212 000	1 226 000
Operating Profit	922 000	−24 000	838 000	262 000
Financial Income	41 000	100 000	114 000	5 000
Financial Costs	268 000	0	0	0
Financial Balance	−227 000	100 000	114 000	5 000
Earnings Before Tax	694 000	76 000	953 000	267 000
Tax	212 000	17 000	0	59 000
Net Income	482 000	59 000	953 000	208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	846 000	736 000	336 000	0
Total Current Assets	2 496 000	2 389 000	2 527 000	1 908 000
Total Assets	3 342 000	3 125 000	2 863 000	1 908 000
Total Retained Equity	2 410 000	2 346 000	0	1 659 000
Total Equity	2 440 000	2 376 000	2 373 000	1 689 000
Total Long-Term Debt	2 000	4 000	0	0
Total Current Debt	900 000	746 000	490 000	219 000
Total Equity and Debt	3 342 000	3 125 000	2 863 000	1 908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 310 000	1 191 000	2 050 000	1 488 000
Other Income	0	0	0	0
Revenue	2 310 000	1 191 000	2 050 000	1 488 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 280 000	1 022 000	1 046 000	1 124 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 389 000	1 215 000	1 212 000	1 226 000
Operating Profit	922 000	−24 000	838 000	262 000
Financial Income	41 000	100 000	114 000	5 000
Financial Costs	268 000	0	0	0
Financial Balance	−227 000	100 000	114 000	5 000
Dividends	400 000	400 000	0	0
Net Income	482 000	59 000	953 000	208 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	846 000	736 000	336 000	0
Total Fixed Assets	846 000	736 000	336 000	0
Stock	0	0	0	0
Total Investments	408 000	730 000	490 000	754 000
Cash, Bank	1 871 000	820 000	1 599 000	994 000
Total Current Assets	2 496 000	2 389 000	2 527 000	1 908 000
Total Assets	3 342 000	3 125 000	2 863 000	1 908 000
Total Equity	2 440 000	2 376 000	2 373 000	1 689 000
Short-Term Group Debt	400 000	400 000	0	0
Total Long-Term Debt	2 000	4 000	0	0
Creditors	2 000	4 000	0	11 000
Unpaid Taxes	180 000	108 000	107 000	118 000
Dividends	400 000	400 000	0	0
Other Current Debt	104 000	161 000	173 000	90 000
Total Current Debt	900 000	746 000	490 000	219 000
Total Equity and Debt	3 342 000	3 125 000	2 863 000	1 908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,75 %	2,48 %	40,16 %	12,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,91 %	−2,02 %	40,88 %	17,61 %
Current Ratio	2,77	3,2	5,16	8,71
Quick Ratio	2,77	3,2	5,16	8,71
Equity Ratio	0,73	0,76	0,83	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %