SAFETY ACADEMY AS

0671 OSLO

Finances

Return on Equity

−195,05 %

Current Ratio

0,55

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 870 000	1 919 000	2 327 000	94 000
Net Income	−1 143 000	−173 000	447 000	−38 000
Total Assets	2 276 000	1 939 000	1 751 000	137 000
Total Equity	586 000	1 554 000	527 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 870 000	1 919 000	2 327 000	94 000
Expenditure	2 988 000	2 061 000	1 705 000	133 000
Operating Profit	−1 119 000	−141 000	623 000	−38 000
Financial Income	5 000	1 000	1 000	0
Financial Costs	29 000	33 000	83 000	0
Financial Balance	−24 000	−32 000	−82 000	0
Earnings Before Tax	−1 143 000	−173 000	541 000	−38 000
Tax	0	0	93 000	0
Net Income	−1 143 000	−173 000	447 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 392 000	1 025 000	613 000	131 000
Total Current Assets	883 000	914 000	1 138 000	6 000
Total Assets	2 276 000	1 939 000	1 751 000	137 000
Total Retained Equity	−1 125 000	−157 000	316 000	−131 000
Total Equity	586 000	1 554 000	527 000	80 000
Total Long-Term Debt	73 000	0	1 000 000	0
Total Current Debt	1 617 000	385 000	223 000	57 000
Total Equity and Debt	2 276 000	1 939 000	1 751 000	137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 869 000	1 919 000	2 327 000	94 000
Other Income	0	0	0	0
Revenue	1 870 000	1 919 000	2 327 000	94 000
Cost of Goods Sold	1 177 000	801 000	1 115 000	108 000
Salary Costs	604 000	317 000	3 000	0
Depreciation	442 000	225 000	117 000	0
Impairment	0	0	0	0
Expenditure	2 988 000	2 061 000	1 705 000	133 000
Operating Profit	−1 119 000	−141 000	623 000	−38 000
Financial Income	5 000	1 000	1 000	0
Financial Costs	29 000	33 000	83 000	0
Financial Balance	−24 000	−32 000	−82 000	0
Dividends	0	300 000	0	0
Net Income	−1 143 000	−173 000	447 000	−38 000

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	1 247 000	880 000	467 000	0
Total Tangible Assets	1 247 000	880 000	467 000	0
Total Fiancial Fixed Assets	146 000	146 000	146 000	131 000
Total Fixed Assets	1 392 000	1 025 000	613 000	131 000
Stock	341 000	367 000	213 000	0
Total Investments	0	0	0	0
Cash, Bank	250 000	389 000	94 000	1 000
Total Current Assets	883 000	914 000	1 138 000	6 000
Total Assets	2 276 000	1 939 000	1 751 000	137 000
Total Equity	586 000	1 554 000	527 000	80 000
Short-Term Group Debt	0	0	0	57 000
Total Long-Term Debt	73 000	0	1 000 000	0
Creditors	475 000	213 000	99 000	0
Unpaid Taxes	85 000	64 000	21 000	0
Dividends	0	300 000	0	0
Other Current Debt	1 056 000	30 000	10 000	0
Total Current Debt	1 617 000	385 000	223 000	57 000
Total Equity and Debt	2 276 000	1 939 000	1 751 000	137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−195,05 %	−11,13 %	84,82 %	−47,5 %
Debt-to-Equity Ratio	0,12	0	1,9	0
Operating Profit Margin	−59,84 %	−7,35 %	26,77 %	−40,43 %
Current Ratio	0,55	2,37	5,1	0,11
Quick Ratio	0,69	50,78	113,8	0,11
Equity Ratio	0,26	0,8	0,3	0,58
Gross Profit Margin	37,06 %	58,26 %	52,08 %	−14,89 %