SAFTSUSE AS

5262 ARNATVEIT

Finances

Share Ownership

Return on Equity

−73,57 %

Current Ratio

3,06

Debt-to-Equity Ratio

3,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 119 000	11 657 000	11 786 000	7 175 000
Net Income	−1 019 000	161 000	559 000	−193 000
Total Assets	7 554 000	8 723 000	3 283 000	2 465 000
Total Equity	1 385 000	2 404 000	2 243 000	1 684 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 119 000	11 657 000	11 786 000	7 175 000
Expenditure	10 851 000	11 188 000	11 046 000	7 424 000
Operating Profit	−732 000	468 000	740 000	−249 000
Financial Income	7 000	11 000	14 000	1 000
Financial Costs	349 000	270 000	19 000	0
Financial Balance	−342 000	−259 000	−5 000	1 000
Earnings Before Tax	−1 074 000	210 000	735 000	−248 000
Tax	−55 000	48 000	176 000	−54 000
Net Income	−1 019 000	161 000	559 000	−193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 407 000	5 900 000	422 000	522 000
Total Current Assets	2 147 000	2 823 000	2 861 000	1 943 000
Total Assets	7 554 000	8 723 000	3 283 000	2 465 000
Total Retained Equity	1 185 000	2 204 000	2 043 000	1 484 000
Total Equity	1 385 000	2 404 000	2 243 000	1 684 000
Total Long-Term Debt	5 468 000	5 388 000	6 000	0
Total Current Debt	701 000	931 000	1 034 000	782 000
Total Equity and Debt	7 554 000	8 723 000	3 283 000	2 465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 119 000	11 657 000	11 731 000	7 175 000
Other Income	0	0	55 000	0
Revenue	10 119 000	11 657 000	11 786 000	7 175 000
Cost of Goods Sold	5 151 000	5 484 000	5 940 000	3 575 000
Salary Costs	1 938 000	2 046 000	1 922 000	1 536 000
Depreciation	868 000	643 000	106 000	89 000
Impairment	0	0	0	0
Expenditure	10 851 000	11 188 000	11 046 000	7 424 000
Operating Profit	−732 000	468 000	740 000	−249 000
Financial Income	7 000	11 000	14 000	1 000
Financial Costs	349 000	270 000	19 000	0
Financial Balance	−342 000	−259 000	−5 000	1 000
Dividends	0	0	0	0
Net Income	−1 019 000	161 000	559 000	−193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	67 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 271 000	5 720 000	189 000	179 000
Fixtures	135 000	181 000	233 000	277 000
Total Tangible Assets	5 407 000	5 900 000	422 000	455 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 407 000	5 900 000	422 000	522 000
Stock	1 381 000	802 000	778 000	858 000
Total Investments	0	0	0	0
Cash, Bank	496 000	1 344 000	1 480 000	624 000
Total Current Assets	2 147 000	2 823 000	2 861 000	1 943 000
Total Assets	7 554 000	8 723 000	3 283 000	2 465 000
Total Equity	1 385 000	2 404 000	2 243 000	1 684 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 468 000	5 388 000	6 000	0
Creditors	148 000	497 000	585 000	473 000
Unpaid Taxes	137 000	146 000	151 000	106 000
Dividends	0	0	0	0
Other Current Debt	415 000	287 000	195 000	203 000
Total Current Debt	701 000	931 000	1 034 000	782 000
Total Equity and Debt	7 554 000	8 723 000	3 283 000	2 465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−73,57 %	6,7 %	24,92 %	−11,46 %
Debt-to-Equity Ratio	3,95	2,24	0	0
Operating Profit Margin	−7,23 %	4,01 %	6,28 %	−3,47 %
Current Ratio	3,06	3,03	2,77	2,48
Quick Ratio	−3,16	21,88	11,18	−25,57
Equity Ratio	0,18	0,28	0,68	0,68
Gross Profit Margin	49,1 %	52,96 %	49,6 %	50,17 %