SAFETY FIRST AS

5551 AUKLANDSHAMN

Finances

Share Ownership

Return on Equity

1 %

Current Ratio

3,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 812 000	1 528 000	1 404 000	1 125 000
Net Income	7 000	227 000	252 000	300 000
Total Assets	914 000	980 000	772 000	518 000
Total Equity	698 000	691 000	565 000	313 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 812 000	1 528 000	1 404 000	1 125 000
Expenditure	1 840 000	1 252 000	1 080 000	746 000
Operating Profit	−26 000	275 000	324 000	380 000
Financial Income	6 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	6 000	0	−1 000	0
Earnings Before Tax	−20 000	275 000	324 000	380 000
Tax	−27 000	48 000	72 000	80 000
Net Income	7 000	227 000	252 000	300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	219 000	281 000	309 000	0
Total Current Assets	695 000	700 000	463 000	518 000
Total Assets	914 000	980 000	772 000	518 000
Total Retained Equity	668 000	661 000	535 000	283 000
Total Equity	698 000	691 000	565 000	313 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	216 000	289 000	208 000	206 000
Total Equity and Debt	914 000	980 000	772 000	518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 812 000	1 528 000	1 399 000	1 125 000
Other Income	0	0	5 000	0
Revenue	1 812 000	1 528 000	1 404 000	1 125 000
Cost of Goods Sold	477 000	−16 000	23 000	147 000
Salary Costs	667 000	618 000	624 000	518 000
Depreciation	77 000	66 000	11 000	0
Impairment	0	0	0	0
Expenditure	1 840 000	1 252 000	1 080 000	746 000
Operating Profit	−26 000	275 000	324 000	380 000
Financial Income	6 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	6 000	0	−1 000	0
Dividends	0	100 000	0	0
Net Income	7 000	227 000	252 000	300 000

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	219 000	281 000	309 000	0
Total Tangible Assets	219 000	281 000	309 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	219 000	281 000	309 000	0
Stock	501 000	409 000	265 000	0
Total Investments	0	0	0	0
Cash, Bank	189 000	280 000	198 000	518 000
Total Current Assets	695 000	700 000	463 000	518 000
Total Assets	914 000	980 000	772 000	518 000
Total Equity	698 000	691 000	565 000	313 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	3 000	0	0
Unpaid Taxes	121 000	57 000	68 000	68 000
Dividends	0	100 000	0	0
Other Current Debt	85 000	69 000	67 000	58 000
Total Current Debt	216 000	289 000	208 000	206 000
Total Equity and Debt	914 000	980 000	772 000	518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 %	32,85 %	44,6 %	95,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,43 %	18 %	23,08 %	33,78 %
Current Ratio	3,22	2,42	2,23	2,51
Quick Ratio	−2,44	−5,83	−8,12	2,51
Equity Ratio	0,76	0,71	0,73	0,6
Gross Profit Margin	73,68 %	101,05 %	98,36 %	86,93 %