SAFEY AS

1086 OSLO

Finances

Share Ownership

Return on Equity

146,67 %

Current Ratio

0,47

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 849 000	11 796 000	5 397 000	1 637 000
Net Income	−1 477 000	−11 000	−184 000	−207 000
Total Assets	1 342 000	2 246 000	634 000	284 000
Total Equity	−1 007 000	−379 000	−367 000	−183 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 849 000	11 796 000	5 397 000	1 637 000
Expenditure	9 290 000	11 918 000	5 559 000	1 842 000
Operating Profit	−1 442 000	3 000	−162 000	−206 000
Financial Income	0	0	6 000	0
Financial Costs	35 000	14 000	29 000	2 000
Financial Balance	−35 000	−14 000	−23 000	−2 000
Earnings Before Tax	−1 477 000	−11 000	−184 000	−207 000
Tax	0	0	0	0
Net Income	−1 477 000	−11 000	−184 000	−207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 000	364 000	70 000	15 000
Total Current Assets	1 102 000	1 882 000	563 000	270 000
Total Assets	1 342 000	2 246 000	634 000	284 000
Total Retained Equity	−1 880 000	−403 000	−392 000	−207 000
Total Equity	−1 007 000	−379 000	−367 000	−183 000
Total Long-Term Debt	0	0	30 000	0
Total Current Debt	2 349 000	2 624 000	971 000	467 000
Total Equity and Debt	1 342 000	2 246 000	634 000	284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 858 000	11 798 000	5 431 000	1 637 000
Other Income	−9 000	−1 000	−34 000	0
Revenue	7 849 000	11 796 000	5 397 000	1 637 000
Cost of Goods Sold	1 612 000	3 554 000	1 999 000	763 000
Salary Costs	4 688 000	5 669 000	2 317 000	554 000
Depreciation	169 000	222 000	18 000	0
Impairment	0	0	0	0
Expenditure	9 290 000	11 918 000	5 559 000	1 842 000
Operating Profit	−1 442 000	3 000	−162 000	−206 000
Financial Income	0	0	6 000	0
Financial Costs	35 000	14 000	29 000	2 000
Financial Balance	−35 000	−14 000	−23 000	−2 000
Dividends	0	0	0	0
Net Income	−1 477 000	−11 000	−184 000	−207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	113 000	218 000	12 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	165 000	0	0
Fixtures	127 000	−19 000	58 000	0
Total Tangible Assets	127 000	146 000	58 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	240 000	364 000	70 000	15 000
Stock	158 000	226 000	103 000	0
Total Investments	0	0	0	0
Cash, Bank	481 000	719 000	317 000	36 000
Total Current Assets	1 102 000	1 882 000	563 000	270 000
Total Assets	1 342 000	2 246 000	634 000	284 000
Total Equity	−1 007 000	−379 000	−367 000	−183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	30 000	0
Creditors	221 000	235 000	45 000	59 000
Unpaid Taxes	644 000	1 585 000	630 000	282 000
Dividends	0	0	0	0
Other Current Debt	1 483 000	804 000	296 000	126 000
Total Current Debt	2 349 000	2 624 000	971 000	467 000
Total Equity and Debt	1 342 000	2 246 000	634 000	284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,67 %	2,9 %	50,14 %	113,11 %
Debt-to-Equity Ratio	−0	−0	−0,08	−0
Operating Profit Margin	−18,37 %	0,03 %	−3 %	−12,58 %
Current Ratio	0,47	0,72	0,58	0,58
Quick Ratio	0,5	0,78	0,65	0,58
Equity Ratio	−0,75	−0,17	−0,58	−0,64
Gross Profit Margin	79,46 %	69,87 %	62,96 %	53,39 %