SAFE TRACK FOOD AS

8470 BØ I VESTERÅLEN

Finances

Return on Equity

−61,4 %

Current Ratio

7,04

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 163 000	4 172 000	2 931 000	290 000
Net Income	−8 530 000	−8 983 000	−3 592 000	−4 321 000
Total Assets	30 683 000	40 771 000	28 827 000	13 497 000
Total Equity	13 893 000	22 422 000	17 405 000	9 314 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 163 000	4 172 000	2 931 000	290 000
Expenditure	15 325 000	12 815 000	6 530 000	4 652 000
Operating Profit	−8 162 000	−8 642 000	−3 599 000	−4 362 000
Financial Income	75 000	4 000	10 000	41 000
Financial Costs	443 000	345 000	3 000	1 000
Financial Balance	−368 000	−341 000	7 000	40 000
Earnings Before Tax	−8 530 000	−8 983 000	−3 592 000	−4 321 000
Tax	0	0	0	0
Net Income	−8 530 000	−8 983 000	−3 592 000	−4 321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 421 000	23 285 000	26 005 000	8 356 000
Total Current Assets	10 262 000	17 486 000	2 822 000	5 141 000
Total Assets	30 683 000	40 771 000	28 827 000	13 497 000
Total Retained Equity	−26 901 000	−18 371 000	−9 388 000	−5 796 000
Total Equity	13 893 000	22 422 000	17 405 000	9 314 000
Total Long-Term Debt	15 333 000	16 000 000	0	0
Total Current Debt	1 457 000	2 349 000	11 421 000	4 183 000
Total Equity and Debt	30 683 000	40 771 000	28 827 000	13 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 149 000	4 170 000	1 829 000	97 000
Other Income	14 000	2 000	1 102 000	192 000
Revenue	7 163 000	4 172 000	2 931 000	290 000
Cost of Goods Sold	5 775 000	3 440 000	919 000	572 000
Salary Costs	1 926 000	1 787 000	1 201 000	268 000
Depreciation	2 921 000	2 985 000	1 135 000	325 000
Impairment	0	0	0	0
Expenditure	15 325 000	12 815 000	6 530 000	4 652 000
Operating Profit	−8 162 000	−8 642 000	−3 599 000	−4 362 000
Financial Income	75 000	4 000	10 000	41 000
Financial Costs	443 000	345 000	3 000	1 000
Financial Balance	−368 000	−341 000	7 000	40 000
Dividends	0	0	0	0
Net Income	−8 530 000	−8 983 000	−3 592 000	−4 321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	60 000	72 000	84 000	96 000
Real Eastate	1 033 000	1 283 000	1 368 000	1 383 000
Machinery and Plant Facilities	19 319 000	21 930 000	24 552 000	6 877 000
Fixtures	9 000	0	0	0
Total Tangible Assets	20 361 000	23 213 000	25 921 000	8 260 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 421 000	23 285 000	26 005 000	8 356 000
Stock	2 566 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 427 000	14 556 000	829 000	807 000
Total Current Assets	10 262 000	17 486 000	2 822 000	5 141 000
Total Assets	30 683 000	40 771 000	28 827 000	13 497 000
Total Equity	13 893 000	22 422 000	17 405 000	9 314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 333 000	16 000 000	0	0
Creditors	869 000	1 904 000	10 894 000	3 263 000
Unpaid Taxes	117 000	95 000	89 000	12 000
Dividends	0	0	0	0
Other Current Debt	471 000	350 000	439 000	908 000
Total Current Debt	1 457 000	2 349 000	11 421 000	4 183 000
Total Equity and Debt	30 683 000	40 771 000	28 827 000	13 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−61,4 %	−40,06 %	−20,64 %	−46,39 %
Debt-to-Equity Ratio	1,1	0,71	0	0
Operating Profit Margin	−113,95 %	−207,14 %	−122,79 %	−1 504,14 %
Current Ratio	7,04	7,44	0,25	1,23
Quick Ratio	−9,25	7,44	0,25	1,23
Equity Ratio	0,45	0,55	0,6	0,69
Gross Profit Margin	19,38 %	17,55 %	68,65 %	−97,24 %