SAFE CONTROL ENGINEERING AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

36,25 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 551 000	11 396 000	11 042 000	9 113 000
Net Income	1 262 000	1 166 000	2 077 000	713 000
Total Assets	9 229 000	7 399 000	6 593 000	4 445 000
Total Equity	3 481 000	4 219 000	3 053 000	2 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 551 000	11 396 000	11 042 000	9 113 000
Expenditure	14 922 000	9 902 000	8 729 000	8 186 000
Operating Profit	1 629 000	1 495 000	2 313 000	927 000
Financial Income	0	5 000	285 000	2 000
Financial Costs	10 000	6 000	15 000	13 000
Financial Balance	−10 000	−1 000	270 000	−11 000
Earnings Before Tax	1 619 000	1 495 000	2 583 000	915 000
Tax	357 000	329 000	506 000	203 000
Net Income	1 262 000	1 166 000	2 077 000	713 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 846 000	1 950 000	371 000	554 000
Total Current Assets	6 383 000	5 449 000	6 223 000	3 892 000
Total Assets	9 229 000	7 399 000	6 593 000	4 445 000
Total Retained Equity	3 441 000	4 179 000	3 013 000	2 136 000
Total Equity	3 481 000	4 219 000	3 053 000	2 176 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 748 000	3 181 000	3 540 000	2 269 000
Total Equity and Debt	9 229 000	7 399 000	6 593 000	4 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 551 000	11 335 000	11 019 000	9 113 000
Other Income	0	61 000	23 000	0
Revenue	16 551 000	11 396 000	11 042 000	9 113 000
Cost of Goods Sold	5 332 000	1 486 000	1 233 000	84 000
Salary Costs	7 216 000	6 018 000	5 515 000	5 998 000
Depreciation	195 000	270 000	96 000	69 000
Impairment	0	0	0	0
Expenditure	14 922 000	9 902 000	8 729 000	8 186 000
Operating Profit	1 629 000	1 495 000	2 313 000	927 000
Financial Income	0	5 000	285 000	2 000
Financial Costs	10 000	6 000	15 000	13 000
Financial Balance	−10 000	−1 000	270 000	−11 000
Dividends	2 000 000	0	1 200 000	600 000
Net Income	1 262 000	1 166 000	2 077 000	713 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	6 000	7 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	533 000	685 000	364 000	261 000
Total Tangible Assets	533 000	685 000	364 000	261 000
Total Fiancial Fixed Assets	2 299 000	1 259 000	0	280 000
Total Fixed Assets	2 846 000	1 950 000	371 000	554 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 531 000	3 665 000	4 796 000	2 680 000
Total Current Assets	6 383 000	5 449 000	6 223 000	3 892 000
Total Assets	9 229 000	7 399 000	6 593 000	4 445 000
Total Equity	3 481 000	4 219 000	3 053 000	2 176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 267 000	1 236 000	164 000	64 000
Unpaid Taxes	1 368 000	982 000	987 000	785 000
Dividends	2 000 000	0	1 200 000	600 000
Other Current Debt	749 000	634 000	690 000	620 000
Total Current Debt	5 748 000	3 181 000	3 540 000	2 269 000
Total Equity and Debt	9 229 000	7 399 000	6 593 000	4 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,25 %	27,64 %	68,03 %	32,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,84 %	13,12 %	20,95 %	10,17 %
Current Ratio	1,11	1,71	1,76	1,72
Quick Ratio	1,11	1,71	1,76	1,72
Equity Ratio	0,38	0,57	0,46	0,49
Gross Profit Margin	67,78 %	86,96 %	88,83 %	99,08 %