SAFENOR AS

3185 SKOPPUM

Finances

Share Ownership

Return on Equity

17,78 %

Current Ratio

2,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 310 000	34 803 000	30 392 000	24 864 000
Net Income	1 995 000	2 055 000	3 183 000	1 088 000
Total Assets	16 498 000	15 454 000	15 364 000	11 644 000
Total Equity	11 221 000	9 911 000	8 916 000	6 933 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 310 000	34 803 000	30 392 000	24 864 000
Expenditure	28 701 000	32 022 000	25 993 000	23 085 000
Operating Profit	2 610 000	2 781 000	4 216 000	1 779 000
Financial Income	171 000	181 000	255 000	92 000
Financial Costs	319 000	345 000	413 000	327 000
Financial Balance	−148 000	−164 000	−158 000	−235 000
Earnings Before Tax	2 461 000	2 617 000	4 058 000	1 543 000
Tax	467 000	562 000	875 000	456 000
Net Income	1 995 000	2 055 000	3 183 000	1 088 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	777 000	783 000	801 000	56 000
Total Current Assets	15 721 000	14 670 000	14 562 000	11 588 000
Total Assets	16 498 000	15 454 000	15 364 000	11 644 000
Total Retained Equity	10 721 000	9 411 000	8 416 000	6 433 000
Total Equity	11 221 000	9 911 000	8 916 000	6 933 000
Total Long-Term Debt	0	0	2 181 000	2 077 000
Total Current Debt	5 277 000	5 543 000	4 266 000	2 634 000
Total Equity and Debt	16 498 000	15 454 000	15 364 000	11 644 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 306 000	34 803 000	30 258 000	24 824 000
Other Income	4 000	0	134 000	40 000
Revenue	31 310 000	34 803 000	30 392 000	24 864 000
Cost of Goods Sold	19 139 000	23 532 000	19 643 000	16 351 000
Salary Costs	5 880 000	4 740 000	3 490 000	3 211 000
Depreciation	124 000	115 000	70 000	29 000
Impairment	0	0	0	0
Expenditure	28 701 000	32 022 000	25 993 000	23 085 000
Operating Profit	2 610 000	2 781 000	4 216 000	1 779 000
Financial Income	171 000	181 000	255 000	92 000
Financial Costs	319 000	345 000	413 000	327 000
Financial Balance	−148 000	−164 000	−158 000	−235 000
Dividends	685 000	1 060 000	1 200 000	0
Net Income	1 995 000	2 055 000	3 183 000	1 088 000

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	777 000	783 000	801 000	56 000
Total Tangible Assets	777 000	783 000	801 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	777 000	783 000	801 000	56 000
Stock	10 508 000	7 724 000	8 172 000	8 189 000
Total Investments	0	0	0	0
Cash, Bank	643 000	3 707 000	4 313 000	1 346 000
Total Current Assets	15 721 000	14 670 000	14 562 000	11 588 000
Total Assets	16 498 000	15 454 000	15 364 000	11 644 000
Total Equity	11 221 000	9 911 000	8 916 000	6 933 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 181 000	2 077 000
Creditors	1 207 000	982 000	623 000	1 056 000
Unpaid Taxes	1 555 000	1 616 000	1 206 000	847 000
Dividends	685 000	1 060 000	1 200 000	0
Other Current Debt	1 649 000	1 582 000	1 563 000	275 000
Total Current Debt	5 277 000	5 543 000	4 266 000	2 634 000
Total Equity and Debt	16 498 000	15 454 000	15 364 000	11 644 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,78 %	20,73 %	35,7 %	15,69 %
Debt-to-Equity Ratio	0	0	0,24	0,3
Operating Profit Margin	8,34 %	7,99 %	13,87 %	7,15 %
Current Ratio	2,98	2,65	3,41	4,4
Quick Ratio	−3,01	−6,73	−3,73	−2,09
Equity Ratio	0,68	0,64	0,58	0,6
Gross Profit Margin	38,87 %	32,39 %	35,37 %	34,24 %