NORDIC SAFETY AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

13,14 %

Current Ratio

6,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 068 000	1 359 000	1 391 000	1 456 000
Net Income	116 000	275 000	168 000	15 000
Total Assets	1 001 000	867 000	647 000	516 000
Total Equity	883 000	872 000	597 000	429 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 068 000	1 359 000	1 391 000	1 456 000
Expenditure	1 951 000	1 084 000	1 224 000	1 440 000
Operating Profit	116 000	275 000	168 000	16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	116 000	275 000	168 000	15 000
Tax	0	0	0	0
Net Income	116 000	275 000	168 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	248 000	303 000	94 000	60 000
Total Current Assets	753 000	564 000	553 000	455 000
Total Assets	1 001 000	867 000	647 000	516 000
Total Retained Equity	0	0	0	0
Total Equity	883 000	872 000	597 000	429 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	118 000	−6 000	50 000	86 000
Total Equity and Debt	1 001 000	867 000	647 000	516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 060 000	1 358 000	1 391 000	1 455 000
Other Income	7 000	1 000	0	1 000
Revenue	2 068 000	1 359 000	1 391 000	1 456 000
Cost of Goods Sold	599 000	223 000	228 000	283 000
Salary Costs	827 000	466 000	566 000	858 000
Depreciation	71 000	30 000	9 000	5 000
Impairment	0	0	0	0
Expenditure	1 951 000	1 084 000	1 224 000	1 440 000
Operating Profit	116 000	275 000	168 000	16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	116 000	275 000	168 000	15 000

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	235 000	303 000	94 000	60 000
Fixtures	13 000	0	0	0
Total Tangible Assets	248 000	303 000	94 000	60 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	248 000	303 000	94 000	60 000
Stock	263 000	256 000	248 000	251 000
Total Investments	0	0	0	0
Cash, Bank	335 000	280 000	230 000	163 000
Total Current Assets	753 000	564 000	553 000	455 000
Total Assets	1 001 000	867 000	647 000	516 000
Total Equity	883 000	872 000	597 000	429 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	16 000	0	4 000
Unpaid Taxes	72 000	−8 000	−32 000	122 000
Dividends	0	0	0	0
Other Current Debt	81 000	66 000	81 000	0
Total Current Debt	118 000	−6 000	50 000	86 000
Total Equity and Debt	1 001 000	867 000	647 000	516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,14 %	31,54 %	28,14 %	3,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,61 %	20,24 %	12,08 %	1,1 %
Current Ratio	6,38	−94	11,06	5,29
Quick Ratio	−5,19	−2,15	−2,79	−2,76
Equity Ratio	0,88	1,01	0,92	0,83
Gross Profit Margin	71,03 %	83,59 %	83,61 %	80,56 %