SAFELINE NORWAY AS

1383 ASKER

Finances

Share Ownership

Return on Equity

93,66 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 014 000	16 883 000	11 926 000	10 845 000
Net Income	4 300 000	1 970 000	727 000	494 000
Total Assets	12 265 000	8 987 000	6 152 000	4 006 000
Total Equity	4 591 000	2 290 000	1 820 000	1 593 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 014 000	16 883 000	11 926 000	10 845 000
Expenditure	18 386 000	14 331 000	11 689 000	10 285 000
Operating Profit	5 628 000	2 453 000	1 041 000	639 000
Financial Income	74 000	155 000	36 000	37 000
Financial Costs	189 000	82 000	145 000	42 000
Financial Balance	−115 000	73 000	−109 000	−5 000
Earnings Before Tax	5 514 000	2 526 000	932 000	634 000
Tax	1 213 000	556 000	205 000	140 000
Net Income	4 300 000	1 970 000	727 000	494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	3 000	7 000	9 000
Total Current Assets	12 265 000	8 984 000	6 145 000	3 997 000
Total Assets	12 265 000	8 987 000	6 152 000	4 006 000
Total Retained Equity	4 561 000	2 260 000	1 790 000	1 563 000
Total Equity	4 591 000	2 290 000	1 820 000	1 593 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 674 000	6 697 000	4 331 000	2 413 000
Total Equity and Debt	12 265 000	8 987 000	6 152 000	4 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 007 000	16 875 000	11 908 000	10 823 000
Other Income	6 000	8 000	18 000	22 000
Revenue	24 014 000	16 883 000	11 926 000	10 845 000
Cost of Goods Sold	13 357 000	10 178 000	7 873 000	6 404 000
Salary Costs	3 708 000	3 144 000	2 862 000	2 770 000
Depreciation	0	0	0	12 000
Impairment	0	0	0	0
Expenditure	18 386 000	14 331 000	11 689 000	10 285 000
Operating Profit	5 628 000	2 453 000	1 041 000	639 000
Financial Income	74 000	155 000	36 000	37 000
Financial Costs	189 000	82 000	145 000	42 000
Financial Balance	−115 000	73 000	−109 000	−5 000
Dividends	2 000 000	1 500 000	500 000	0
Net Income	4 300 000	1 970 000	727 000	494 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	7 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	3 000	7 000	9 000
Stock	996 000	1 864 000	1 964 000	1 159 000
Total Investments	0	0	0	0
Cash, Bank	7 880 000	4 799 000	2 912 000	1 911 000
Total Current Assets	12 265 000	8 984 000	6 145 000	3 997 000
Total Assets	12 265 000	8 987 000	6 152 000	4 006 000
Total Equity	4 591 000	2 290 000	1 820 000	1 593 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 136 000	2 936 000	1 997 000	787 000
Unpaid Taxes	1 266 000	1 027 000	682 000	578 000
Dividends	2 000 000	1 500 000	500 000	0
Other Current Debt	1 062 000	682 000	950 000	408 000
Total Current Debt	7 674 000	6 697 000	4 331 000	2 413 000
Total Equity and Debt	12 265 000	8 987 000	6 152 000	4 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,66 %	86,03 %	39,95 %	31,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,44 %	14,53 %	8,73 %	5,89 %
Current Ratio	1,6	1,34	1,42	1,66
Quick Ratio	1,84	1,86	2,6	3,19
Equity Ratio	0,37	0,25	0,3	0,4
Gross Profit Margin	44,38 %	39,71 %	33,98 %	40,95 %