SAFEDRIVE AS

7800 NAMSOS

Finances

Share Ownership

Return on Equity

6,5 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	156 124 000	100 234 000	51 743 000	14 044 000
Net Income	1 231 000	11 853 000	4 736 000	−7 314 000
Total Assets	67 647 000	37 951 000	28 825 000	11 520 000
Total Equity	18 943 000	17 712 000	5 859 000	1 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	156 124 000	100 234 000	51 743 000	14 044 000
Expenditure	152 936 000	85 213 000	46 790 000	21 299 000
Operating Profit	3 188 000	15 021 000	4 953 000	−7 254 000
Financial Income	231 000	0	27 000	24 000
Financial Costs	1 107 000	714 000	244 000	84 000
Financial Balance	−876 000	−714 000	−217 000	−60 000
Earnings Before Tax	2 312 000	14 308 000	4 736 000	−7 314 000
Tax	1 081 000	2 455 000	0	0
Net Income	1 231 000	11 853 000	4 736 000	−7 314 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 869 000	12 244 000	6 738 000	723 000
Total Current Assets	38 778 000	25 707 000	22 087 000	10 796 000
Total Assets	67 647 000	37 951 000	28 825 000	11 520 000
Total Retained Equity	4 430 000	3 199 000	−8 654 000	−13 390 000
Total Equity	18 943 000	17 712 000	5 859 000	1 123 000
Total Long-Term Debt	0	0	320 000	416 000
Total Current Debt	48 704 000	20 239 000	22 646 000	9 981 000
Total Equity and Debt	67 647 000	37 951 000	28 825 000	11 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	156 066 000	100 192 000	51 555 000	13 979 000
Other Income	58 000	42 000	187 000	65 000
Revenue	156 124 000	100 234 000	51 743 000	14 044 000
Cost of Goods Sold	52 638 000	21 337 000	12 879 000	4 404 000
Salary Costs	33 868 000	23 546 000	13 882 000	7 281 000
Depreciation	6 335 000	2 831 000	1 172 000	712 000
Impairment	0	0	0	0
Expenditure	152 936 000	85 213 000	46 790 000	21 299 000
Operating Profit	3 188 000	15 021 000	4 953 000	−7 254 000
Financial Income	231 000	0	27 000	24 000
Financial Costs	1 107 000	714 000	244 000	84 000
Financial Balance	−876 000	−714 000	−217 000	−60 000
Dividends	0	0	0	0
Net Income	1 231 000	11 853 000	4 736 000	−7 314 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 100 000	11 248 000	6 099 000	440 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 769 000	996 000	639 000	283 000
Total Tangible Assets	1 769 000	996 000	639 000	283 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 869 000	12 244 000	6 738 000	723 000
Stock	14 335 000	533 000	5 440 000	3 598 000
Total Investments	0	0	0	0
Cash, Bank	5 995 000	10 270 000	3 892 000	1 839 000
Total Current Assets	38 778 000	25 707 000	22 087 000	10 796 000
Total Assets	67 647 000	37 951 000	28 825 000	11 520 000
Total Equity	18 943 000	17 712 000	5 859 000	1 123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	320 000	416 000
Creditors	18 870 000	2 721 000	4 493 000	2 134 000
Unpaid Taxes	9 213 000	4 052 000	6 921 000	1 565 000
Dividends	0	0	0	0
Other Current Debt	19 541 000	11 011 000	11 231 000	6 281 000
Total Current Debt	48 704 000	20 239 000	22 646 000	9 981 000
Total Equity and Debt	67 647 000	37 951 000	28 825 000	11 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,5 %	66,92 %	80,83 %	−651,29 %
Debt-to-Equity Ratio	0	0	0,05	0,37
Operating Profit Margin	2,04 %	14,99 %	9,57 %	−51,65 %
Current Ratio	0,8	1,27	0,98	1,08
Quick Ratio	1,13	1,3	1,28	1,69
Equity Ratio	0,28	0,47	0,2	0,1
Gross Profit Margin	66,28 %	78,71 %	75,11 %	68,64 %