SAFE-I AS

9392 STONGLANDSEIDET

Finances

Return on Equity

−15,58 %

Current Ratio

Debt-to-Equity Ratio

8,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	794 000	849 000	761 000	722 000
Net Income	−222 000	−124 000	39 000	38 000
Total Assets	13 971 000	14 334 000	14 143 000	14 166 000
Total Equity	1 425 000	1 647 000	1 342 000	1 303 000

Income (NOK)	2022	2021	2020	2019
Revenue	794 000	849 000	761 000	722 000
Expenditure	804 000	822 000	463 000	413 000
Operating Profit	−10 000	27 000	298 000	309 000
Financial Income	46 000	8 000	3 000	3 000
Financial Costs	258 000	270 000	272 000	274 000
Financial Balance	−212 000	−262 000	−269 000	−271 000
Earnings Before Tax	−222 000	−235 000	29 000	38 000
Tax	0	−111 000	−10 000	0
Net Income	−222 000	−124 000	39 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 543 000	12 420 000	12 672 000	12 536 000
Total Current Assets	428 000	1 914 000	1 470 000	1 630 000
Total Assets	13 971 000	14 334 000	14 143 000	14 166 000
Total Retained Equity	−2 098 000	−1 876 000	−1 752 000	−1 791 000
Total Equity	1 425 000	1 647 000	1 342 000	1 303 000
Total Long-Term Debt	12 332 000	12 538 000	12 696 000	12 774 000
Total Current Debt	214 000	149 000	104 000	89 000
Total Equity and Debt	13 971 000	14 334 000	14 143 000	14 166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 000	0	0
Other Income	794 000	844 000	761 000	722 000
Revenue	794 000	849 000	761 000	722 000
Cost of Goods Sold	55 000	30 000	0	0
Salary Costs	0	50 000	0	0
Depreciation	266 000	274 000	27 000	16 000
Impairment	0	0	0	0
Expenditure	804 000	822 000	463 000	413 000
Operating Profit	−10 000	27 000	298 000	309 000
Financial Income	46 000	8 000	3 000	3 000
Financial Costs	258 000	270 000	272 000	274 000
Financial Balance	−212 000	−262 000	−269 000	−271 000
Dividends	0	0	0	0
Net Income	−222 000	−124 000	39 000	38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 050 000	12 279 000	12 508 000	12 508 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	104 000	141 000	165 000	28 000
Total Tangible Assets	12 154 000	12 420 000	12 672 000	12 536 000
Total Fiancial Fixed Assets	1 389 000	0	0	0
Total Fixed Assets	13 543 000	12 420 000	12 672 000	12 536 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	69 000	132 000	99 000	332 000
Total Current Assets	428 000	1 914 000	1 470 000	1 630 000
Total Assets	13 971 000	14 334 000	14 143 000	14 166 000
Total Equity	1 425 000	1 647 000	1 342 000	1 303 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 332 000	12 538 000	12 696 000	12 774 000
Creditors	31 000	22 000	13 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	183 000	127 000	91 000	89 000
Total Current Debt	214 000	149 000	104 000	89 000
Total Equity and Debt	13 971 000	14 334 000	14 143 000	14 166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,58 %	−7,53 %	2,91 %	2,92 %
Debt-to-Equity Ratio	8,65	7,61	9,46	9,8
Operating Profit Margin	−1,26 %	3,18 %	39,16 %	42,8 %
Current Ratio	2	12,85	14,13	18,31
Quick Ratio	2	12,85	14,13	18,31
Equity Ratio	0,1	0,11	0,09	0,09
Gross Profit Margin	93,07 %	96,47 %	100 %	100 %