SAFEGROUP AS

5251 SØREIDGREND

Finances

Return on Equity

−2,18 %

Current Ratio

16,33

Debt-to-Equity Ratio

4,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 338 000	−798 000	2 937 000	−189 000
Total Assets	336 353 000	266 560 000	155 882 000	128 686 000
Total Equity	61 453 000	61 453 000	62 251 000	1 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 630 000	3 445 000	105 000	69 000
Operating Profit	−1 630 000	−3 445 000	−105 000	−69 000
Financial Income	14 071 000	11 551 000	7 904 000	4 000 000
Financial Costs	14 155 000	8 882 000	4 034 000	4 173 000
Financial Balance	−84 000	2 669 000	3 870 000	−173 000
Earnings Before Tax	−1 715 000	−775 000	3 765 000	−242 000
Tax	−377 000	23 000	828 000	−53 000
Net Income	−1 338 000	−798 000	2 937 000	−189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	320 319 000	253 496 000	141 926 000	124 665 000
Total Current Assets	16 034 000	13 064 000	13 956 000	4 021 000
Total Assets	336 353 000	266 560 000	155 882 000	128 686 000
Total Retained Equity	795 000	2 133 000	2 931 000	0
Total Equity	61 453 000	61 453 000	62 251 000	1 013 000
Total Long-Term Debt	273 918 000	204 675 000	90 866 000	111 657 000
Total Current Debt	982 000	432 000	2 765 000	16 016 000
Total Equity and Debt	336 353 000	266 560 000	155 882 000	128 686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	770 000	770 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 630 000	3 445 000	105 000	69 000
Operating Profit	−1 630 000	−3 445 000	−105 000	−69 000
Financial Income	14 071 000	11 551 000	7 904 000	4 000 000
Financial Costs	14 155 000	8 882 000	4 034 000	4 173 000
Financial Balance	−84 000	2 669 000	3 870 000	−173 000
Dividends	0	0	0	0
Net Income	−1 338 000	−798 000	2 937 000	−189 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	23 000	851 000
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	320 319 000	253 496 000	141 904 000	123 814 000
Total Fixed Assets	320 319 000	253 496 000	141 926 000	124 665 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	813 000	5 752 000	18 000
Total Current Assets	16 034 000	13 064 000	13 956 000	4 021 000
Total Assets	336 353 000	266 560 000	155 882 000	128 686 000
Total Equity	61 453 000	61 453 000	62 251 000	1 013 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	273 918 000	204 675 000	90 866 000	111 657 000
Creditors	407 000	0	57 000	16 000
Unpaid Taxes	106 000	99 000	0	0
Dividends	0	0	0	0
Other Current Debt	468 000	333 000	2 708 000	16 000 000
Total Current Debt	982 000	432 000	2 765 000	16 016 000
Total Equity and Debt	336 353 000	266 560 000	155 882 000	128 686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,18 %	−1,3 %	4,72 %	−18,66 %
Debt-to-Equity Ratio	4,46	3,33	1,46	110,22
Operating Profit Margin	-	-	-	-
Current Ratio	16,33	30,24	5,05	0,25
Quick Ratio	16,33	30,24	5,05	0,25
Equity Ratio	0,18	0,23	0,4	0,01
Gross Profit Margin	-	-	-	-