14SAFETY AS

6516 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−55,4 %

Current Ratio

11,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	775 000	967 000	564 000	26 000
Net Income	−77 000	18 000	170 000	−2 000
Total Assets	148 000	254 000	260 000	22 000
Total Equity	139 000	216 000	198 000	28 000

Income (NOK)	2022	2021	2020	2019
Revenue	775 000	967 000	564 000	26 000
Expenditure	857 000	939 000	346 000	28 000
Operating Profit	−80 000	28 000	219 000	−3 000
Financial Income	1 000	0	0	0
Financial Costs	0	5 000	0	0
Financial Balance	1 000	−5 000	0	0
Earnings Before Tax	−80 000	23 000	218 000	−3 000
Tax	−3 000	5 000	48 000	−1 000
Net Income	−77 000	18 000	170 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	46 000	28 000	1 000
Total Current Assets	117 000	209 000	232 000	21 000
Total Assets	148 000	254 000	260 000	22 000
Total Retained Equity	109 000	186 000	168 000	−2 000
Total Equity	139 000	216 000	198 000	28 000
Total Long-Term Debt	0	3 000	2 000	0
Total Current Debt	10 000	35 000	60 000	−6 000
Total Equity and Debt	148 000	254 000	260 000	22 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	775 000	967 000	564 000	26 000
Other Income	0	0	0	0
Revenue	775 000	967 000	564 000	26 000
Cost of Goods Sold	700 000	692 000	280 000	13 000
Salary Costs	0	1 000	0	0
Depreciation	15 000	8 000	2 000	0
Impairment	0	0	0	0
Expenditure	857 000	939 000	346 000	28 000
Operating Profit	−80 000	28 000	219 000	−3 000
Financial Income	1 000	0	0	0
Financial Costs	0	5 000	0	0
Financial Balance	1 000	−5 000	0	0
Dividends	0	0	0	0
Net Income	−77 000	18 000	170 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	46 000	28 000	0
Total Tangible Assets	31 000	46 000	28 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	46 000	28 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	98 000	176 000	138 000	21 000
Total Current Assets	117 000	209 000	232 000	21 000
Total Assets	148 000	254 000	260 000	22 000
Total Equity	139 000	216 000	198 000	28 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	2 000	0
Creditors	2 000	14 000	10 000	−1 000
Unpaid Taxes	6 000	16 000	4 000	−5 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	0	0
Total Current Debt	10 000	35 000	60 000	−6 000
Total Equity and Debt	148 000	254 000	260 000	22 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,4 %	8,33 %	85,86 %	−7,14 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	−10,32 %	2,9 %	38,83 %	−11,54 %
Current Ratio	11,7	5,97	3,87	−3,5
Quick Ratio	11,7	5,97	3,87	−3,5
Equity Ratio	0,94	0,85	0,76	1,27
Gross Profit Margin	9,68 %	28,44 %	50,35 %	50 %