T2 SAFETY AS

5309 KLEPPESTØ

Finances

Share Ownership

Return on Equity

98,28 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 135 000	648 000	242 000	246 000
Net Income	514 000	−522 000	−31 000	42 000
Total Assets	1 885 000	896 000	71 000	209 000
Total Equity	523 000	8 000	30 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 135 000	648 000	242 000	246 000
Expenditure	4 599 000	1 163 000	273 000	195 000
Operating Profit	536 000	−515 000	−31 000	51 000
Financial Income	12 000	1 000	0	0
Financial Costs	45 000	8 000	0	0
Financial Balance	−33 000	−7 000	0	0
Earnings Before Tax	503 000	−522 000	−31 000	51 000
Tax	−11 000	0	0	9 000
Net Income	514 000	−522 000	−31 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	355 000	389 000	0	0
Total Current Assets	1 531 000	507 000	71 000	209 000
Total Assets	1 885 000	896 000	71 000	209 000
Total Retained Equity	34 000	−480 000	12 000	42 000
Total Equity	523 000	8 000	30 000	60 000
Total Long-Term Debt	174 000	0	0	0
Total Current Debt	1 189 000	888 000	41 000	149 000
Total Equity and Debt	1 885 000	896 000	71 000	209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 135 000	648 000	242 000	246 000
Other Income	0	0	0	0
Revenue	5 135 000	648 000	242 000	246 000
Cost of Goods Sold	1 918 000	421 000	0	0
Salary Costs	1 534 000	404 000	243 000	173 000
Depreciation	42 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	4 599 000	1 163 000	273 000	195 000
Operating Profit	536 000	−515 000	−31 000	51 000
Financial Income	12 000	1 000	0	0
Financial Costs	45 000	8 000	0	0
Financial Balance	−33 000	−7 000	0	0
Dividends	0	0	0	0
Net Income	514 000	−522 000	−31 000	42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	28 000	44 000	0	0
Fixtures	46 000	72 000	0	0
Total Tangible Assets	74 000	116 000	0	0
Total Fiancial Fixed Assets	273 000	273 000	0	0
Total Fixed Assets	355 000	389 000	0	0
Stock	553 000	208 000	0	0
Total Investments	0	0	0	0
Cash, Bank	389 000	59 000	64 000	143 000
Total Current Assets	1 531 000	507 000	71 000	209 000
Total Assets	1 885 000	896 000	71 000	209 000
Total Equity	523 000	8 000	30 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	174 000	0	0	0
Creditors	214 000	285 000	2 000	0
Unpaid Taxes	249 000	59 000	0	73 000
Dividends	0	0	0	0
Other Current Debt	727 000	535 000	31 000	67 000
Total Current Debt	1 189 000	888 000	41 000	149 000
Total Equity and Debt	1 885 000	896 000	71 000	209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,28 %	−6 525 %	−103,33 %	70 %
Debt-to-Equity Ratio	0,33	0	0	0
Operating Profit Margin	10,44 %	−79,48 %	−12,81 %	20,73 %
Current Ratio	1,29	0,57	1,73	1,4
Quick Ratio	2,41	0,75	1,73	1,4
Equity Ratio	0,28	0,01	0,42	0,29
Gross Profit Margin	62,65 %	35,03 %	100 %	100 %