SAFEUP TRACKING SOLUTIONS AS

0167 OSLO

Finances

Share Ownership

Return on Equity

−71,6 %

Current Ratio

0,51

Debt-to-Equity Ratio

1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	465 000	273 000	0	77 000
Net Income	−532 000	−401 000	−185 000	−139 000
Total Assets	2 437 000	1 991 000	1 308 000	533 000
Total Equity	743 000	275 000	176 000	−39 000

Income (NOK)	2022	2021	2020	2019
Revenue	465 000	273 000	0	77 000
Expenditure	996 000	672 000	183 000	215 000
Operating Profit	−531 000	−400 000	−184 000	−139 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	2 000	1 000	0
Financial Balance	−1 000	−2 000	−1 000	0
Earnings Before Tax	−532 000	−401 000	−185 000	−139 000
Tax	0	0	0	0
Net Income	−532 000	−401 000	−185 000	−139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 059 000	1 556 000	907 000	271 000
Total Current Assets	378 000	435 000	401 000	262 000
Total Assets	2 437 000	1 991 000	1 308 000	533 000
Total Retained Equity	−1 257 000	−725 000	−324 000	−139 000
Total Equity	743 000	275 000	176 000	−39 000
Total Long-Term Debt	950 000	1 250 000	770 000	0
Total Current Debt	744 000	466 000	362 000	572 000
Total Equity and Debt	2 437 000	1 991 000	1 308 000	533 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	465 000	273 000	0	77 000
Other Income	0	0	0	0
Revenue	465 000	273 000	0	77 000
Cost of Goods Sold	393 000	205 000	0	65 000
Salary Costs	355 000	325 000	99 000	70 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	996 000	672 000	183 000	215 000
Operating Profit	−531 000	−400 000	−184 000	−139 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	2 000	1 000	0
Financial Balance	−1 000	−2 000	−1 000	0
Dividends	0	0	0	0
Net Income	−532 000	−401 000	−185 000	−139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 059 000	1 556 000	907 000	271 000
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	0	0	0	0
Total Fixed Assets	2 059 000	1 556 000	907 000	271 000
Stock	7 000	7 000	7 000	0
Total Investments	0	0	0	0
Cash, Bank	11 000	48 000	90 000	91 000
Total Current Assets	378 000	435 000	401 000	262 000
Total Assets	2 437 000	1 991 000	1 308 000	533 000
Total Equity	743 000	275 000	176 000	−39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	950 000	1 250 000	770 000	0
Creditors	679 000	400 000	316 000	174 000
Unpaid Taxes	16 000	18 000	8 000	13 000
Dividends	0	0	0	0
Other Current Debt	49 000	47 000	38 000	23 000
Total Current Debt	744 000	466 000	362 000	572 000
Total Equity and Debt	2 437 000	1 991 000	1 308 000	533 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,6 %	−145,82 %	−105,11 %	356,41 %
Debt-to-Equity Ratio	1,28	4,55	4,38	−0
Operating Profit Margin	−114,19 %	−146,52 %	-	−180,52 %
Current Ratio	0,51	0,93	1,11	0,46
Quick Ratio	0,51	0,95	1,13	0,46
Equity Ratio	0,3	0,14	0,13	−0,07
Gross Profit Margin	15,48 %	24,91 %	-	15,58 %