SAFE SOLUTIONS AS

7513 STJØRDAL

Finances

Share Ownership

Return on Equity

4,21 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 918 000	2 576 000	2 403 000	11 829 000
Net Income	106 000	16 000	−301 000	2 963 000
Total Assets	3 762 000	3 005 000	2 998 000	5 137 000
Total Equity	2 518 000	2 223 000	2 207 000	2 508 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 918 000	2 576 000	2 403 000	11 829 000
Expenditure	3 779 000	2 542 000	2 839 000	7 955 000
Operating Profit	139 000	33 000	−436 000	3 873 000
Financial Income	85 000	23 000	146 000	79 000
Financial Costs	87 000	36 000	96 000	149 000
Financial Balance	−2 000	−13 000	50 000	−70 000
Earnings Before Tax	136 000	21 000	−385 000	3 803 000
Tax	30 000	5 000	−83 000	839 000
Net Income	106 000	16 000	−301 000	2 963 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 489 000	1 086 000	426 000	15 000
Total Current Assets	2 273 000	1 919 000	2 573 000	5 122 000
Total Assets	3 762 000	3 005 000	2 998 000	5 137 000
Total Retained Equity	2 128 000	1 833 000	1 817 000	2 118 000
Total Equity	2 518 000	2 223 000	2 207 000	2 508 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 244 000	782 000	792 000	2 629 000
Total Equity and Debt	3 762 000	3 005 000	2 998 000	5 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 938 000	2 300 000	2 294 000	11 829 000
Other Income	−21 000	276 000	109 000	0
Revenue	3 918 000	2 576 000	2 403 000	11 829 000
Cost of Goods Sold	2 138 000	1 472 000	1 493 000	5 311 000
Salary Costs	669 000	163 000	277 000	1 028 000
Depreciation	10 000	0	0	0
Impairment	0	0	0	0
Expenditure	3 779 000	2 542 000	2 839 000	7 955 000
Operating Profit	139 000	33 000	−436 000	3 873 000
Financial Income	85 000	23 000	146 000	79 000
Financial Costs	87 000	36 000	96 000	149 000
Financial Balance	−2 000	−13 000	50 000	−70 000
Dividends	0	0	0	0
Net Income	106 000	16 000	−301 000	2 963 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	489 000	98 000	52 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	0	0	0
Total Tangible Assets	13 000	0	0	0
Total Fiancial Fixed Assets	988 000	988 000	374 000	0
Total Fixed Assets	1 489 000	1 086 000	426 000	15 000
Stock	1 545 000	1 106 000	1 534 000	1 134 000
Total Investments	0	0	0	0
Cash, Bank	24 000	355 000	19 000	750 000
Total Current Assets	2 273 000	1 919 000	2 573 000	5 122 000
Total Assets	3 762 000	3 005 000	2 998 000	5 137 000
Total Equity	2 518 000	2 223 000	2 207 000	2 508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	704 000	468 000	99 000	1 678 000
Unpaid Taxes	38 000	53 000	23 000	40 000
Dividends	0	0	0	0
Other Current Debt	70 000	29 000	38 000	280 000
Total Current Debt	1 244 000	782 000	792 000	2 629 000
Total Equity and Debt	3 762 000	3 005 000	2 998 000	5 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,21 %	0,72 %	−13,64 %	118,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,55 %	1,28 %	−18,14 %	32,74 %
Current Ratio	1,83	2,45	3,25	1,95
Quick Ratio	−7,55	−5,92	−3,47	3,43
Equity Ratio	0,67	0,74	0,74	0,49
Gross Profit Margin	45,43 %	42,86 %	37,87 %	55,1 %