SAFETY SERVICES NORWAY AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

378,79 %

Current Ratio

1,17

Debt-to-Equity Ratio

−5,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 785 000	6 041 000	4 318 000	0
Net Income	−250 000	1 250 000	−102 000	0
Total Assets	867 000	1 178 000	248 000	30 000
Total Equity	−66 000	184 000	−1 065 000	30 000

Income (NOK)	2022	2021	2020
Revenue	2 785 000	6 041 000	4 318 000
Expenditure	3 032 000	4 457 000	4 405 000
Operating Profit	−247 000	1 584 000	−87 000
Financial Income	0	0	0
Financial Costs	3 000	7 000	16 000
Financial Balance	−3 000	−7 000	−16 000
Earnings Before Tax	−250 000	1 577 000	−102 000
Tax	0	327 000	0
Net Income	−250 000	1 250 000	−102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	218 000	0	−36 000	0
Total Current Assets	650 000	1 178 000	284 000	30 000
Total Assets	867 000	1 178 000	248 000	30 000
Total Retained Equity	−96 000	154 000	−1 095 000	0
Total Equity	−66 000	184 000	−1 065 000	30 000
Total Long-Term Debt	376 000	196 000	476 000	0
Total Current Debt	557 000	798 000	838 000	0
Total Equity and Debt	867 000	1 178 000	248 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 785 000	6 041 000	4 318 000
Other Income	0	0	0
Revenue	2 785 000	6 041 000	4 318 000
Cost of Goods Sold	758 000	1 547 000	1 318 000
Salary Costs	1 619 000	2 537 000	2 708 000
Depreciation	73 000	−36 000	18 000
Impairment	0	0	0
Expenditure	3 032 000	4 457 000	4 405 000
Operating Profit	−247 000	1 584 000	−87 000
Financial Income	0	0	0
Financial Costs	3 000	7 000	16 000
Financial Balance	−3 000	−7 000	−16 000
Dividends	0	0	0
Net Income	−250 000	1 250 000	−102 000

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	218 000	0	−36 000	0
Total Tangible Assets	218 000	0	−36 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	218 000	0	−36 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	893 000	−115 000	30 000
Total Current Assets	650 000	1 178 000	284 000	30 000
Total Assets	867 000	1 178 000	248 000	30 000
Total Equity	−66 000	184 000	−1 065 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	376 000	196 000	476 000	0
Creditors	177 000	−6 000	88 000	0
Unpaid Taxes	148 000	226 000	394 000	0
Dividends	0	0	0	0
Other Current Debt	221 000	251 000	357 000	0
Total Current Debt	557 000	798 000	838 000	0
Total Equity and Debt	867 000	1 178 000	248 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	378,79 %	679,35 %	9,58 %	0 %
Debt-to-Equity Ratio	−5,7	1,07	−0,45	0
Operating Profit Margin	−8,87 %	26,22 %	−2,01 %	-
Current Ratio	1,17	1,48	0,34	-
Quick Ratio	1,17	1,48	0,34	-
Equity Ratio	−0,08	0,16	−4,29	1
Gross Profit Margin	72,78 %	74,39 %	69,48 %	-