BSAFE GROUP AS

3126 TØNSBERG

Finances

Return on Equity

−164,26 %

Current Ratio

0,52

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2021	2020	2019	2018
Revenue	146 000	310 000	542 000	89 000
Net Income	−7 009 000	−7 390 000	−4 395 000	−3 831 000
Total Assets	13 457 000	7 993 000	9 407 000	7 962 000
Total Equity	4 267 000	3 190 000	2 252 000	4 772 000

Income (NOK)	2021	2020	2019	2018
Revenue	146 000	310 000	542 000	89 000
Expenditure	6 383 000	6 219 000	4 192 000	3 865 000
Operating Profit	−6 237 000	−5 909 000	−3 651 000	−3 777 000
Financial Income	15 000	11 000	13 000	2 000
Financial Costs	786 000	1 492 000	758 000	55 000
Financial Balance	−771 000	−1 481 000	−745 000	−53 000
Earnings Before Tax	−7 009 000	−7 390 000	−4 395 000	−3 831 000
Tax	0	0	0	0
Net Income	−7 009 000	−7 390 000	−4 395 000	−3 831 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	11 728 000	5 339 000	7 062 000	5 742 000
Total Current Assets	1 729 000	2 654 000	2 346 000	2 220 000
Total Assets	13 457 000	7 993 000	9 407 000	7 962 000
Total Retained Equity	0	0	−10 809 000	−6 414 000
Total Equity	4 267 000	3 190 000	2 252 000	4 772 000
Total Long-Term Debt	5 890 000	2 716 000	2 674 000	746 000
Total Current Debt	3 300 000	2 087 000	4 481 000	2 444 000
Total Equity and Debt	13 457 000	7 993 000	9 407 000	7 962 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	146 000	169 000	542 000	51 000
Other Income	0	141 000	0	38 000
Revenue	146 000	310 000	542 000	89 000
Cost of Goods Sold	198 000	917 000	145 000	165 000
Salary Costs	1 887 000	775 000	901 000	433 000
Depreciation	112 000	2 138 000	1 570 000	1 187 000
Impairment	0	0	0	0
Expenditure	6 383 000	6 219 000	4 192 000	3 865 000
Operating Profit	−6 237 000	−5 909 000	−3 651 000	−3 777 000
Financial Income	15 000	11 000	13 000	2 000
Financial Costs	786 000	1 492 000	758 000	55 000
Financial Balance	−771 000	−1 481 000	−745 000	−53 000
Dividends	0	0	0	0
Net Income	−7 009 000	−7 390 000	−4 395 000	−3 831 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	4 845 000	4 974 000	5 220 000	3 994 000
Real Eastate	213 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	181 000	0	0
Total Tangible Assets	225 000	181 000	0	0
Total Fiancial Fixed Assets	6 658 000	184 000	1 842 000	1 749 000
Total Fixed Assets	11 728 000	5 339 000	7 062 000	5 742 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	574 000	993 000	340 000	315 000
Total Current Assets	1 729 000	2 654 000	2 346 000	2 220 000
Total Assets	13 457 000	7 993 000	9 407 000	7 962 000
Total Equity	4 267 000	3 190 000	2 252 000	4 772 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 890 000	2 716 000	2 674 000	746 000
Creditors	2 961 000	1 409 000	1 448 000	801 000
Unpaid Taxes	125 000	57 000	57 000	77 000
Dividends	0	0	0	0
Other Current Debt	214 000	621 000	2 977 000	1 567 000
Total Current Debt	3 300 000	2 087 000	4 481 000	2 444 000
Total Equity and Debt	13 457 000	7 993 000	9 407 000	7 962 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−164,26 %	−231,66 %	−195,16 %	−80,28 %
Debt-to-Equity Ratio	1,38	0,85	1,19	0,16
Operating Profit Margin	−4 271,92 %	−1 906,13 %	−673,62 %	−4 243,82 %
Current Ratio	0,52	1,27	0,52	0,91
Quick Ratio	0,52	1,27	0,52	0,91
Equity Ratio	0,32	0,4	0,24	0,6
Gross Profit Margin	−35,62 %	−195,81 %	73,25 %	−85,39 %