SAFE4 SECURITY GROUP AS

0872 OSLO

Finances

Return on Equity

−206 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 633 000	28 924 000	20 152 000	15 571 000
Net Income	−31 537 000	−39 979 000	−38 911 000	−113 397 000
Total Assets	70 608 000	46 636 000	70 426 000	23 010 000
Total Equity	15 309 000	14 933 000	10 095 000	−87 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 633 000	28 924 000	20 152 000	15 571 000
Expenditure	65 897 000	64 109 000	44 471 000	97 040 000
Operating Profit	−28 264 000	−35 185 000	−24 319 000	−81 469 000
Financial Income	1 153 000	318 000	188 000	544 000
Financial Costs	4 426 000	5 112 000	14 780 000	14 256 000
Financial Balance	−3 273 000	−4 794 000	−14 592 000	−13 712 000
Earnings Before Tax	−31 537 000	−39 979 000	−38 911 000	−95 181 000
Tax	0	0	0	18 216 000
Net Income	−31 537 000	−39 979 000	−38 911 000	−113 397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 409 000	32 278 000	32 509 000	1 195 000
Total Current Assets	37 199 000	14 358 000	37 917 000	21 816 000
Total Assets	70 608 000	46 636 000	70 426 000	23 010 000
Total Retained Equity	−362 197 000	−330 660 000	−290 681 000	−251 771 000
Total Equity	15 309 000	14 933 000	10 095 000	−87 363 000
Total Long-Term Debt	15 278 000	373 000	478 000	589 000
Total Current Debt	40 021 000	31 330 000	59 854 000	109 784 000
Total Equity and Debt	70 608 000	46 636 000	70 426 000	23 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 844 000	25 046 000	16 276 000	15 571 000
Other Income	1 789 000	3 878 000	3 876 000	0
Revenue	37 633 000	28 924 000	20 152 000	15 571 000
Cost of Goods Sold	10 277 000	5 121 000	5 239 000	12 430 000
Salary Costs	12 737 000	21 858 000	26 015 000	20 156 000
Depreciation	11 265 000	12 831 000	10 505 000	5 605 000
Impairment	0	0	−28 665 000	32 325 000
Expenditure	65 897 000	64 109 000	44 471 000	97 040 000
Operating Profit	−28 264 000	−35 185 000	−24 319 000	−81 469 000
Financial Income	1 153 000	318 000	188 000	544 000
Financial Costs	4 426 000	5 112 000	14 780 000	14 256 000
Financial Balance	−3 273 000	−4 794 000	−14 592 000	−13 712 000
Dividends	0	0	0	0
Net Income	−31 537 000	−39 979 000	−38 911 000	−113 397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 045 000	27 273 000	28 059 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	542 000
Fixtures	1 215 000	306 000	720 000	592 000
Total Tangible Assets	1 215 000	306 000	720 000	1 135 000
Total Fiancial Fixed Assets	5 149 000	4 700 000	3 730 000	60 000
Total Fixed Assets	33 409 000	32 278 000	32 509 000	1 195 000
Stock	5 554 000	5 637 000	3 081 000	5 905 000
Total Investments	0	0	0	0
Cash, Bank	1 348 000	1 205 000	4 177 000	717 000
Total Current Assets	37 199 000	14 358 000	37 917 000	21 816 000
Total Assets	70 608 000	46 636 000	70 426 000	23 010 000
Total Equity	15 309 000	14 933 000	10 095 000	−87 363 000
Short-Term Group Debt	449 000	0	0	0
Total Long-Term Debt	15 278 000	373 000	478 000	589 000
Creditors	8 649 000	5 722 000	10 827 000	8 088 000
Unpaid Taxes	5 749 000	1 172 000	1 852 000	1 842 000
Dividends	0	0	0	0
Other Current Debt	4 527 000	4 253 000	4 609 000	7 798 000
Total Current Debt	40 021 000	31 330 000	59 854 000	109 784 000
Total Equity and Debt	70 608 000	46 636 000	70 426 000	23 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−206 %	−267,72 %	−385,45 %	129,8 %
Debt-to-Equity Ratio	1	0,02	0,05	−0,01
Operating Profit Margin	−75,1 %	−121,65 %	−120,68 %	−523,21 %
Current Ratio	0,93	0,46	0,63	0,2
Quick Ratio	1,08	0,56	0,67	0,21
Equity Ratio	0,22	0,32	0,14	−3,8
Gross Profit Margin	72,69 %	82,29 %	74 %	20,17 %