SAFETY SERVICE AS

3045 DRAMMEN

Finances

Return on Equity

25,54 %

Current Ratio

0,8

Debt-to-Equity Ratio

−2,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	631 000	684 000	1 142 000	487 000
Net Income	−294 000	201 000	−420 000	521 000
Total Assets	3 562 000	3 944 000	4 025 000	3 913 000
Total Equity	−1 151 000	−858 000	−1 058 000	−639 000

Income (NOK)	2022	2021	2020	2019
Revenue	631 000	684 000	1 142 000	487 000
Expenditure	576 000	280 000	638 000	711 000
Operating Profit	−246 000	404 000	−247 000	−225 000
Financial Income	0	0	0	0
Financial Costs	47 000	203 000	172 000	206 000
Financial Balance	−47 000	−203 000	−172 000	−206 000
Earnings Before Tax	−294 000	201 000	−420 000	−431 000
Tax	0	0	0	0
Net Income	−294 000	201 000	−420 000	521 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 446 000	2 531 000	2 615 000	2 700 000
Total Current Assets	1 116 000	1 413 000	1 410 000	1 213 000
Total Assets	3 562 000	3 944 000	4 025 000	3 913 000
Total Retained Equity	−1 181 000	−888 000	−1 088 000	−669 000
Total Equity	−1 151 000	−858 000	−1 058 000	−639 000
Total Long-Term Debt	3 321 000	3 447 000	4 212 000	3 611 000
Total Current Debt	1 392 000	1 354 000	872 000	940 000
Total Equity and Debt	3 562 000	3 944 000	4 025 000	3 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	468 000	684 000	391 000	487 000
Other Income	163 000	0	752 000	0
Revenue	631 000	684 000	1 142 000	487 000
Cost of Goods Sold	200 000	46 000	460 000	351 000
Salary Costs	0	0	0	65 000
Depreciation	84 000	84 000	84 000	87 000
Impairment	0	0	0	0
Expenditure	576 000	280 000	638 000	711 000
Operating Profit	−246 000	404 000	−247 000	−225 000
Financial Income	0	0	0	0
Financial Costs	47 000	203 000	172 000	206 000
Financial Balance	−47 000	−203 000	−172 000	−206 000
Dividends	0	0	0	0
Net Income	−294 000	201 000	−420 000	521 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	190 000	190 000	1 064 000	1 064 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 076 000	1 161 000	1 552 000	1 636 000
Fixtures	0	0	0	0
Total Tangible Assets	1 076 000	1 161 000	1 552 000	1 636 000
Total Fiancial Fixed Assets	1 180 000	1 180 000	0	0
Total Fixed Assets	2 446 000	2 531 000	2 615 000	2 700 000
Stock	1 105 000	1 405 000	1 405 000	2 156 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	−821 000
Total Current Assets	1 116 000	1 413 000	1 410 000	1 213 000
Total Assets	3 562 000	3 944 000	4 025 000	3 913 000
Total Equity	−1 151 000	−858 000	−1 058 000	−639 000
Short-Term Group Debt	0	34 000	88 000	0
Total Long-Term Debt	3 321 000	3 447 000	4 212 000	3 611 000
Creditors	252 000	167 000	237 000	695 000
Unpaid Taxes	0	0	0	−17 000
Dividends	0	0	0	0
Other Current Debt	1 140 000	1 152 000	547 000	262 000
Total Current Debt	1 392 000	1 354 000	872 000	940 000
Total Equity and Debt	3 562 000	3 944 000	4 025 000	3 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,54 %	−23,43 %	39,7 %	−81,53 %
Debt-to-Equity Ratio	−2,89	−4,02	−3,98	−5,65
Operating Profit Margin	−38,99 %	59,06 %	−21,63 %	−46,2 %
Current Ratio	0,8	1,04	1,62	1,29
Quick Ratio	3,89	−27,71	−2,65	−1
Equity Ratio	−0,32	−0,22	−0,26	−0,16
Gross Profit Margin	68,3 %	93,27 %	59,72 %	27,93 %