NORTH SAFE AS

3610 KONGSBERG

Finances

Share Ownership

Return on Equity

38 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 000	81 000	18 000	32 000
Net Income	−19 000	−15 000	−32 000	−16 000
Total Assets	91 000	51 000	46 000	44 000
Total Equity	−50 000	−31 000	−15 000	17 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 000	81 000	18 000	32 000
Expenditure	33 000	96 000	50 000	47 000
Operating Profit	−20 000	−15 000	−32 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−19 000	−15 000	−32 000	−16 000
Tax	0	0	0	0
Net Income	−19 000	−15 000	−32 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	9 000	14 000	21 000
Total Current Assets	58 000	42 000	31 000	23 000
Total Assets	91 000	51 000	46 000	44 000
Total Retained Equity	−80 000	−61 000	−45 000	−13 000
Total Equity	−50 000	−31 000	−15 000	17 000
Total Long-Term Debt	25 000	26 000	1 000	0
Total Current Debt	116 000	56 000	60 000	27 000
Total Equity and Debt	91 000	51 000	46 000	44 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 000	81 000	18 000	32 000
Other Income	0	0	0	0
Revenue	13 000	81 000	18 000	32 000
Cost of Goods Sold	1 000	35 000	10 000	22 000
Salary Costs	0	0	0	1 000
Depreciation	9 000	5 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	33 000	96 000	50 000	47 000
Operating Profit	−20 000	−15 000	−32 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−19 000	−15 000	−32 000	−16 000

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	33 000	9 000	14 000	21 000
Total Tangible Assets	33 000	9 000	14 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	9 000	14 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 000	10 000	31 000	21 000
Total Current Assets	58 000	42 000	31 000	23 000
Total Assets	91 000	51 000	46 000	44 000
Total Equity	−50 000	−31 000	−15 000	17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 000	26 000	1 000	0
Creditors	43 000	7 000	10 000	7 000
Unpaid Taxes	0	4 000	1 000	0
Dividends	0	0	0	0
Other Current Debt	73 000	45 000	50 000	20 000
Total Current Debt	116 000	56 000	60 000	27 000
Total Equity and Debt	91 000	51 000	46 000	44 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38 %	48,39 %	213,33 %	−94,12 %
Debt-to-Equity Ratio	−0,5	−0,84	−0,07	0
Operating Profit Margin	−153,85 %	−18,52 %	−177,78 %	−50 %
Current Ratio	0,5	0,75	0,52	0,85
Quick Ratio	0,5	0,75	0,52	0,85
Equity Ratio	−0,55	−0,61	−0,33	0,39
Gross Profit Margin	92,31 %	56,79 %	44,44 %	31,25 %