SAFE-CO AS

2607 VINGROM

Finances

Share Ownership

Return on Equity

−1,61 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 362 000	3 728 000	2 944 000	3 670 000
Net Income	−9 000	174 000	120 000	188 000
Total Assets	1 112 000	1 464 000	1 490 000	1 298 000
Total Equity	558 000	567 000	393 000	273 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 362 000	3 728 000	2 944 000	3 670 000
Expenditure	4 311 000	3 525 000	2 770 000	3 432 000
Operating Profit	51 000	204 000	175 000	238 000
Financial Income	15 000	6 000	4 000	11 000
Financial Costs	75 000	36 000	59 000	60 000
Financial Balance	−60 000	−30 000	−55 000	−49 000
Earnings Before Tax	−9 000	174 000	120 000	188 000
Tax	0	0	0	0
Net Income	−9 000	174 000	120 000	188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	63 000	39 000	39 000
Total Current Assets	1 073 000	1 400 000	1 451 000	1 258 000
Total Assets	1 112 000	1 464 000	1 490 000	1 298 000
Total Retained Equity	−104 000	−95 000	−269 000	−388 000
Total Equity	558 000	567 000	393 000	273 000
Total Long-Term Debt	0	75 000	75 000	75 000
Total Current Debt	554 000	822 000	1 022 000	950 000
Total Equity and Debt	1 112 000	1 464 000	1 490 000	1 298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 325 000	3 728 000	2 937 000	3 670 000
Other Income	38 000	0	7 000	0
Revenue	4 362 000	3 728 000	2 944 000	3 670 000
Cost of Goods Sold	3 035 000	2 448 000	1 813 000	2 434 000
Salary Costs	862 000	728 000	583 000	602 000
Depreciation	0	2 000	0	0
Impairment	0	0	0	0
Expenditure	4 311 000	3 525 000	2 770 000	3 432 000
Operating Profit	51 000	204 000	175 000	238 000
Financial Income	15 000	6 000	4 000	11 000
Financial Costs	75 000	36 000	59 000	60 000
Financial Balance	−60 000	−30 000	−55 000	−49 000
Dividends	0	0	0	0
Net Income	−9 000	174 000	120 000	188 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	39 000	39 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	24 000	0	0
Total Tangible Assets	0	24 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	63 000	39 000	39 000
Stock	618 000	877 000	1 192 000	1 036 000
Total Investments	0	0	0	0
Cash, Bank	130 000	19 000	31 000	26 000
Total Current Assets	1 073 000	1 400 000	1 451 000	1 258 000
Total Assets	1 112 000	1 464 000	1 490 000	1 298 000
Total Equity	558 000	567 000	393 000	273 000
Short-Term Group Debt	0	45 000	49 000	50 000
Total Long-Term Debt	0	75 000	75 000	75 000
Creditors	248 000	168 000	94 000	50 000
Unpaid Taxes	189 000	176 000	191 000	107 000
Dividends	0	0	0	0
Other Current Debt	117 000	105 000	53 000	70 000
Total Current Debt	554 000	822 000	1 022 000	950 000
Total Equity and Debt	1 112 000	1 464 000	1 490 000	1 298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,61 %	30,69 %	30,53 %	68,86 %
Debt-to-Equity Ratio	0	0,13	0,19	0,27
Operating Profit Margin	1,17 %	5,47 %	5,94 %	6,49 %
Current Ratio	1,94	1,7	1,42	1,32
Quick Ratio	−16,77	−25,45	−8,54	−14,63
Equity Ratio	0,5	0,39	0,26	0,21
Gross Profit Margin	30,42 %	34,33 %	38,42 %	33,68 %