SAFE-V AS

9392 STONGLANDSEIDET

Finances

Share Ownership

Return on Equity

28,22 %

Current Ratio

5,58

Debt-to-Equity Ratio

14,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 901 000	1 780 000	1 618 000	1 578 000
Net Income	311 000	22 000	−20 000	−242 000
Total Assets	17 822 000	17 227 000	17 432 000	17 334 000
Total Equity	1 102 000	296 000	274 000	125 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 901 000	1 780 000	1 618 000	1 578 000
Expenditure	1 318 000	1 342 000	1 216 000	1 397 000
Operating Profit	583 000	439 000	401 000	182 000
Financial Income	11 000	11 000	10 000	12 000
Financial Costs	422 000	427 000	431 000	435 000
Financial Balance	−411 000	−416 000	−421 000	−423 000
Earnings Before Tax	171 000	22 000	−20 000	−242 000
Tax	−140 000	0	0	0
Net Income	311 000	22 000	−20 000	−242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 348 000	16 639 000	16 861 000	17 035 000
Total Current Assets	1 474 000	588 000	571 000	300 000
Total Assets	17 822 000	17 227 000	17 432 000	17 334 000
Total Retained Equity	−433 000	−1 239 000	−1 261 000	−1 279 000
Total Equity	1 102 000	296 000	274 000	125 000
Total Long-Term Debt	16 456 000	16 660 000	16 858 000	16 993 000
Total Current Debt	264 000	271 000	300 000	216 000
Total Equity and Debt	17 822 000	17 227 000	17 432 000	17 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	5 000	0	0
Other Income	1 877 000	1 775 000	1 618 000	1 578 000
Revenue	1 901 000	1 780 000	1 618 000	1 578 000
Cost of Goods Sold	72 000	35 000	0	0
Salary Costs	318 000	319 000	255 000	392 000
Depreciation	290 000	294 000	261 000	495 000
Impairment	0	0	0	0
Expenditure	1 318 000	1 342 000	1 216 000	1 397 000
Operating Profit	583 000	439 000	401 000	182 000
Financial Income	11 000	11 000	10 000	12 000
Financial Costs	422 000	427 000	431 000	435 000
Financial Balance	−411 000	−416 000	−421 000	−423 000
Dividends	0	0	0	0
Net Income	311 000	22 000	−20 000	−242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 283 000	16 545 000	16 735 000	16 978 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	94 000	126 000	57 000
Total Tangible Assets	16 348 000	16 639 000	16 861 000	17 035 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 348 000	16 639 000	16 861 000	17 035 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	148 000	307 000	213 000	255 000
Total Current Assets	1 474 000	588 000	571 000	300 000
Total Assets	17 822 000	17 227 000	17 432 000	17 334 000
Total Equity	1 102 000	296 000	274 000	125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 456 000	16 660 000	16 858 000	16 993 000
Creditors	31 000	13 000	37 000	5 000
Unpaid Taxes	17 000	12 000	23 000	22 000
Dividends	0	0	0	0
Other Current Debt	217 000	245 000	239 000	189 000
Total Current Debt	264 000	271 000	300 000	216 000
Total Equity and Debt	17 822 000	17 227 000	17 432 000	17 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,22 %	7,43 %	−7,3 %	−193,6 %
Debt-to-Equity Ratio	14,93	56,28	61,53	135,94
Operating Profit Margin	30,67 %	24,66 %	24,78 %	11,53 %
Current Ratio	5,58	2,17	1,9	1,39
Quick Ratio	5,58	2,17	1,9	1,39
Equity Ratio	0,06	0,02	0,02	0,01
Gross Profit Margin	96,21 %	98,03 %	100 %	100 %