SAFETYFIRST AS

0667 OSLO

Finances

Return on Equity

2,1 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 733 000	6 160 000	7 494 000	8 873 000
Net Income	36 000	1 309 000	1 123 000	652 000
Total Assets	2 857 000	3 361 000	2 245 000	2 209 000
Total Equity	1 715 000	2 079 000	920 000	672 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 733 000	6 160 000	7 494 000	8 873 000
Expenditure	5 661 000	4 424 000	6 106 000	7 994 000
Operating Profit	73 000	1 736 000	1 388 000	879 000
Financial Income	10 000	4 000	91 000	20 000
Financial Costs	30 000	61 000	38 000	63 000
Financial Balance	−20 000	−57 000	53 000	−43 000
Earnings Before Tax	53 000	1 679 000	1 440 000	836 000
Tax	17 000	370 000	317 000	184 000
Net Income	36 000	1 309 000	1 123 000	652 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	14 000	14 000	14 000
Total Current Assets	2 787 000	3 347 000	2 231 000	2 195 000
Total Assets	2 857 000	3 361 000	2 245 000	2 209 000
Total Retained Equity	1 541 000	1 906 000	747 000	499 000
Total Equity	1 715 000	2 079 000	920 000	672 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	1 140 000	1 282 000	1 324 000	1 536 000
Total Equity and Debt	2 857 000	3 361 000	2 245 000	2 209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 733 000	6 160 000	7 494 000	8 873 000
Other Income	0	0	0	0
Revenue	5 733 000	6 160 000	7 494 000	8 873 000
Cost of Goods Sold	2 109 000	2 219 000	3 593 000	5 696 000
Salary Costs	2 550 000	983 000	0	0
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 661 000	4 424 000	6 106 000	7 994 000
Operating Profit	73 000	1 736 000	1 388 000	879 000
Financial Income	10 000	4 000	91 000	20 000
Financial Costs	30 000	61 000	38 000	63 000
Financial Balance	−20 000	−57 000	53 000	−43 000
Dividends	0	0	0	200 000
Net Income	36 000	1 309 000	1 123 000	652 000

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	56 000	0	0	0
Total Tangible Assets	56 000	0	0	0
Total Fiancial Fixed Assets	14 000	14 000	14 000	14 000
Total Fixed Assets	71 000	14 000	14 000	14 000
Stock	910 000	850 000	554 000	281 000
Total Investments	0	0	0	0
Cash, Bank	1 523 000	1 409 000	146 000	1 168 000
Total Current Assets	2 787 000	3 347 000	2 231 000	2 195 000
Total Assets	2 857 000	3 361 000	2 245 000	2 209 000
Total Equity	1 715 000	2 079 000	920 000	672 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	236 000	385 000	789 000	451 000
Unpaid Taxes	239 000	261 000	197 000	701 000
Dividends	0	0	0	200 000
Other Current Debt	650 000	265 000	21 000	0
Total Current Debt	1 140 000	1 282 000	1 324 000	1 536 000
Total Equity and Debt	2 857 000	3 361 000	2 245 000	2 209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,1 %	62,96 %	122,07 %	97,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,27 %	28,18 %	18,52 %	9,91 %
Current Ratio	2,44	2,61	1,69	1,43
Quick Ratio	12,12	7,75	2,9	1,75
Equity Ratio	0,6	0,62	0,41	0,3
Gross Profit Margin	63,21 %	63,98 %	52,05 %	35,81 %