SAF INVEST II AS

6002 ÅLESUND

Finances

Return on Equity

3,4 %

Current Ratio

0,03

Debt-to-Equity Ratio

−1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	99 000	0	0	0
Net Income	−618 000	−281 000	−18 120 000	−70 000
Total Assets	10 004 000	2 000	20 000	7 774 000
Total Equity	−18 189 000	−17 571 000	−17 290 000	830 000

Income (NOK)	2022	2021	2020	2019
Revenue	99 000	0	0	0
Expenditure	−172 000	28 000	17 020 000	7 000
Operating Profit	271 000	−28 000	−17 020 000	−7 000
Financial Income	0	0	0	0
Financial Costs	889 000	253 000	1 100 000	63 000
Financial Balance	−889 000	−253 000	−1 100 000	−63 000
Earnings Before Tax	−618 000	−281 000	−18 120 000	−70 000
Tax	0	0	0	0
Net Income	−618 000	−281 000	−18 120 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000 000	0	0	7 740 000
Total Current Assets	4 000	2 000	20 000	34 000
Total Assets	10 004 000	2 000	20 000	7 774 000
Total Retained Equity	−18 279 000	−17 661 000	−17 380 000	0
Total Equity	−18 189 000	−17 571 000	−17 290 000	830 000
Total Long-Term Debt	28 066 000	17 547 000	17 294 000	6 943 000
Total Current Debt	128 000	26 000	17 000	0
Total Equity and Debt	10 004 000	2 000	20 000	7 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	99 000	0	0	0
Revenue	99 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−172 000	28 000	17 020 000	7 000
Operating Profit	271 000	−28 000	−17 020 000	−7 000
Financial Income	0	0	0	0
Financial Costs	889 000	253 000	1 100 000	63 000
Financial Balance	−889 000	−253 000	−1 100 000	−63 000
Dividends	0	0	0	0
Net Income	−618 000	−281 000	−18 120 000	−70 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 000 000	0	0	7 740 000
Total Fixed Assets	10 000 000	0	0	7 740 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	2 000	20 000	34 000
Total Current Assets	4 000	2 000	20 000	34 000
Total Assets	10 004 000	2 000	20 000	7 774 000
Total Equity	−18 189 000	−17 571 000	−17 290 000	830 000
Short-Term Group Debt	26 000	26 000	17 000	0
Total Long-Term Debt	28 066 000	17 547 000	17 294 000	6 943 000
Creditors	2 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	100 000	0	0	0
Total Current Debt	128 000	26 000	17 000	0
Total Equity and Debt	10 004 000	2 000	20 000	7 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,4 %	1,6 %	104,8 %	−8,43 %
Debt-to-Equity Ratio	−1,54	−1	−1	8,37
Operating Profit Margin	273,74 %	-	-	-
Current Ratio	0,03	0,08	1,18	-
Quick Ratio	0,03	0,08	1,18	-
Equity Ratio	−1,82	−8 785,5	−864,5	0,11
Gross Profit Margin	100 %	-	-	-