NORWEGIAN SAFETY SERVICES AS

5302 STRUSSHAMN

Finances

Share Ownership

Return on Equity

−50,83 %

Current Ratio

2,95

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	857 000	1 414 000	5 608 000	3 672 000
Net Income	−154 000	−638 000	407 000	418 000
Total Assets	521 000	813 000	2 340 000	1 470 000
Total Equity	303 000	457 000	1 095 000	689 000

Income (NOK)	2022	2021	2020	2019
Revenue	857 000	1 414 000	5 608 000	3 672 000
Expenditure	995 000	2 065 000	4 942 000	3 120 000
Operating Profit	−139 000	−651 000	667 000	551 000
Financial Income	3 000	2 000	3 000	1 000
Financial Costs	18 000	12 000	112 000	16 000
Financial Balance	−15 000	−10 000	−109 000	−15 000
Earnings Before Tax	−154 000	−661 000	557 000	536 000
Tax	0	−23 000	151 000	118 000
Net Income	−154 000	−638 000	407 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	157 000	160 000	659 000	347 000
Total Current Assets	363 000	654 000	1 681 000	1 123 000
Total Assets	521 000	813 000	2 340 000	1 470 000
Total Retained Equity	162 000	316 000	954 000	548 000
Total Equity	303 000	457 000	1 095 000	689 000
Total Long-Term Debt	94 000	127 000	443 000	145 000
Total Current Debt	123 000	230 000	802 000	636 000
Total Equity and Debt	521 000	813 000	2 340 000	1 470 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	780 000	1 387 000	5 608 000	3 735 000
Other Income	77 000	27 000	0	−63 000
Revenue	857 000	1 414 000	5 608 000	3 672 000
Cost of Goods Sold	145 000	192 000	1 318 000	381 000
Salary Costs	284 000	1 059 000	2 671 000	2 028 000
Depreciation	52 000	125 000	83 000	27 000
Impairment	0	0	0	0
Expenditure	995 000	2 065 000	4 942 000	3 120 000
Operating Profit	−139 000	−651 000	667 000	551 000
Financial Income	3 000	2 000	3 000	1 000
Financial Costs	18 000	12 000	112 000	16 000
Financial Balance	−15 000	−10 000	−109 000	−15 000
Dividends	0	0	0	0
Net Income	−154 000	−638 000	407 000	418 000

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	0	0	0	0
Fixtures	4 000	11 000	659 000	348 000
Total Tangible Assets	107 000	160 000	659 000	348 000
Total Fiancial Fixed Assets	50 000	0	0	−1 000
Total Fixed Assets	157 000	160 000	659 000	347 000
Stock	10 000	10 000	0	0
Total Investments	0	0	0	0
Cash, Bank	143 000	496 000	1 140 000	906 000
Total Current Assets	363 000	654 000	1 681 000	1 123 000
Total Assets	521 000	813 000	2 340 000	1 470 000
Total Equity	303 000	457 000	1 095 000	689 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	94 000	127 000	443 000	145 000
Creditors	37 000	−32 000	80 000	25 000
Unpaid Taxes	16 000	105 000	151 000	133 000
Dividends	0	0	0	0
Other Current Debt	71 000	156 000	441 000	360 000
Total Current Debt	123 000	230 000	802 000	636 000
Total Equity and Debt	521 000	813 000	2 340 000	1 470 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−50,83 %	−139,61 %	37,17 %	60,67 %
Debt-to-Equity Ratio	0,31	0,28	0,4	0,21
Operating Profit Margin	−16,22 %	−46,04 %	11,89 %	15,01 %
Current Ratio	2,95	2,84	2,1	1,77
Quick Ratio	3,21	2,97	2,1	1,77
Equity Ratio	0,58	0,56	0,47	0,47
Gross Profit Margin	83,08 %	86,42 %	76,5 %	89,62 %