SAFESEC AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−166,29 %

Current Ratio

1,77

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2021	2020	2019	2018
Revenue	395 000	570 000	492 000	625 000
Net Income	−148 000	7 000	10 000	204 000
Total Assets	218 000	241 000	−30 000	103 000
Total Equity	89 000	254 000	223 000	20 000

Income (NOK)	2021	2020	2019	2018
Revenue	395 000	570 000	492 000	625 000
Expenditure	565 000	517 000	482 000	421 000
Operating Profit	−170 000	53 000	10 000	204 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Earnings Before Tax	−170 000	51 000	10 000	204 000
Tax	−12 000	44 000	0	0
Net Income	−148 000	7 000	10 000	204 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	218 000	240 000	−30 000	103 000
Total Assets	218 000	241 000	−30 000	103 000
Total Retained Equity	65 000	229 000	199 000	−4 000
Total Equity	89 000	254 000	223 000	20 000
Total Long-Term Debt	−6 000	−6 000	0	0
Total Current Debt	123 000	−6 000	−254 000	83 000
Total Equity and Debt	206 000	241 000	−30 000	103 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	395 000	570 000	492 000	625 000
Other Income	0	0	0	0
Revenue	395 000	570 000	492 000	625 000
Cost of Goods Sold	70 000	70 000	14 000	96 000
Salary Costs	295 000	26 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	565 000	517 000	482 000	421 000
Operating Profit	−170 000	53 000	10 000	204 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	0
Financial Balance	0	−2 000	0	0
Dividends	0	0	0	0
Net Income	−148 000	7 000	10 000	204 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 000	2 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	435 000	291 000	222 000	24 000
Total Current Assets	218 000	240 000	−30 000	103 000
Total Assets	218 000	241 000	−30 000	103 000
Total Equity	89 000	254 000	223 000	20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−6 000	−6 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	69 000	−7 000	13 000	14 000
Dividends	0	0	0	0
Other Current Debt	87 000	−12 000	−210 000	79 000
Total Current Debt	123 000	−6 000	−254 000	83 000
Total Equity and Debt	206 000	241 000	−30 000	103 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−166,29 %	2,76 %	4,48 %	1 020 %
Debt-to-Equity Ratio	−0,07	−0,02	0	0
Operating Profit Margin	−43,04 %	9,3 %	2,03 %	32,64 %
Current Ratio	1,77	−40	0,12	1,24
Quick Ratio	1,8	−30	0,11	1,41
Equity Ratio	0,41	1,05	−7,43	0,19
Gross Profit Margin	82,28 %	87,72 %	97,15 %	84,64 %