SAFEBACK AS

5008 BERGEN

Finances

Share Ownership

Return on Equity

−58,03 %

Current Ratio

5,59

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 000	3 254 000	2 230 000	1 853 000
Net Income	−4 798 000	710 000	636 000	−1 279 000
Total Assets	13 782 000	8 830 000	5 315 000	2 656 000
Total Equity	8 268 000	8 010 000	4 115 000	1 719 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 000	3 254 000	2 230 000	1 853 000
Expenditure	4 606 000	2 538 000	1 592 000	3 132 000
Operating Profit	−4 550 000	717 000	638 000	−1 279 000
Financial Income	11 000	0	0	1 000
Financial Costs	259 000	7 000	3 000	1 000
Financial Balance	−248 000	−7 000	−3 000	0
Earnings Before Tax	−4 798 000	710 000	636 000	−1 279 000
Tax	0	0	0	0
Net Income	−4 798 000	710 000	636 000	−1 279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 156 000	6 130 000	2 507 000	98 000
Total Current Assets	7 625 000	2 700 000	2 808 000	2 557 000
Total Assets	13 782 000	8 830 000	5 315 000	2 656 000
Total Retained Equity	−5 114 000	−316 000	−1 027 000	−1 662 000
Total Equity	8 268 000	8 010 000	4 115 000	1 719 000
Total Long-Term Debt	4 149 000	162 000	497 000	5 000
Total Current Debt	1 365 000	658 000	702 000	931 000
Total Equity and Debt	13 782 000	8 830 000	5 315 000	2 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 000	1 008 000	537 000	1 007 000
Other Income	0	2 247 000	1 693 000	847 000
Revenue	57 000	3 254 000	2 230 000	1 853 000
Cost of Goods Sold	64 000	0	0	0
Salary Costs	1 535 000	718 000	1 061 000	777 000
Depreciation	1 884 000	811 000	32 000	32 000
Impairment	0	0	0	0
Expenditure	4 606 000	2 538 000	1 592 000	3 132 000
Operating Profit	−4 550 000	717 000	638 000	−1 279 000
Financial Income	11 000	0	0	1 000
Financial Costs	259 000	7 000	3 000	1 000
Financial Balance	−248 000	−7 000	−3 000	0
Dividends	0	0	0	0
Net Income	−4 798 000	710 000	636 000	−1 279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 383 000	5 841 000	2 507 000	98 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	774 000	289 000	0	0
Total Tangible Assets	774 000	289 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 156 000	6 130 000	2 507 000	98 000
Stock	0	0	0	0
Total Investments	49 000	0	0	0
Cash, Bank	4 888 000	1 220 000	2 197 000	1 292 000
Total Current Assets	7 625 000	2 700 000	2 808 000	2 557 000
Total Assets	13 782 000	8 830 000	5 315 000	2 656 000
Total Equity	8 268 000	8 010 000	4 115 000	1 719 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 149 000	162 000	497 000	5 000
Creditors	451 000	211 000	484 000	791 000
Unpaid Taxes	207 000	149 000	114 000	61 000
Dividends	0	0	0	0
Other Current Debt	707 000	298 000	104 000	80 000
Total Current Debt	1 365 000	658 000	702 000	931 000
Total Equity and Debt	13 782 000	8 830 000	5 315 000	2 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,03 %	8,86 %	15,46 %	−74,4 %
Debt-to-Equity Ratio	0,5	0,02	0,12	0
Operating Profit Margin	−7 982,46 %	22,03 %	28,61 %	−69,02 %
Current Ratio	5,59	4,1	4	2,75
Quick Ratio	5,59	4,1	4	2,75
Equity Ratio	0,6	0,91	0,77	0,65
Gross Profit Margin	−12,28 %	100 %	100 %	100 %