NorSafe A/S

3077 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

17,23 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 541 000	19 691 000	15 890 000	13 713 000
Net Income	1 315 000	1 484 000	1 121 000	8 000
Total Assets	13 491 000	12 053 000	9 495 000	9 486 000
Total Equity	7 633 000	6 319 000	4 835 000	3 713 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 541 000	19 691 000	15 890 000	13 713 000
Expenditure	17 451 000	17 741 000	14 229 000	13 475 000
Operating Profit	2 091 000	1 950 000	1 662 000	238 000
Financial Income	72 000	111 000	80 000	33 000
Financial Costs	476 000	154 000	375 000	263 000
Financial Balance	−404 000	−43 000	−295 000	−230 000
Earnings Before Tax	1 688 000	1 907 000	1 366 000	8 000
Tax	373 000	422 000	245 000	0
Net Income	1 315 000	1 484 000	1 121 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	449 000	498 000	829 000	744 000
Total Current Assets	13 042 000	11 555 000	8 665 000	8 741 000
Total Assets	13 491 000	12 053 000	9 495 000	9 486 000
Total Retained Equity	7 461 000	6 146 000	4 662 000	3 541 000
Total Equity	7 633 000	6 319 000	4 835 000	3 713 000
Total Long-Term Debt	7 000	84 000	2 463 000	1 944 000
Total Current Debt	5 850 000	5 650 000	2 197 000	3 828 000
Total Equity and Debt	13 491 000	12 053 000	9 495 000	9 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 541 000	19 505 000	15 855 000	13 713 000
Other Income	0	186 000	36 000	0
Revenue	19 541 000	19 691 000	15 890 000	13 713 000
Cost of Goods Sold	12 584 000	13 281 000	10 556 000	9 813 000
Salary Costs	2 611 000	2 519 000	1 870 000	2 000 000
Depreciation	117 000	127 000	188 000	201 000
Impairment	0	0	0	0
Expenditure	17 451 000	17 741 000	14 229 000	13 475 000
Operating Profit	2 091 000	1 950 000	1 662 000	238 000
Financial Income	72 000	111 000	80 000	33 000
Financial Costs	476 000	154 000	375 000	263 000
Financial Balance	−404 000	−43 000	−295 000	−230 000
Dividends	0	0	0	0
Net Income	1 315 000	1 484 000	1 121 000	8 000

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	449 000	498 000	829 000	744 000
Total Tangible Assets	449 000	498 000	829 000	744 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	449 000	498 000	829 000	744 000
Stock	11 581 000	8 560 000	7 151 000	7 563 000
Total Investments	0	0	0	0
Cash, Bank	158 000	149 000	81 000	121 000
Total Current Assets	13 042 000	11 555 000	8 665 000	8 741 000
Total Assets	13 491 000	12 053 000	9 495 000	9 486 000
Total Equity	7 633 000	6 319 000	4 835 000	3 713 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	84 000	2 463 000	1 944 000
Creditors	1 324 000	1 988 000	895 000	2 221 000
Unpaid Taxes	272 000	226 000	219 000	134 000
Dividends	0	0	0	0
Other Current Debt	341 000	319 000	607 000	207 000
Total Current Debt	5 850 000	5 650 000	2 197 000	3 828 000
Total Equity and Debt	13 491 000	12 053 000	9 495 000	9 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,23 %	23,48 %	23,19 %	0,22 %
Debt-to-Equity Ratio	0	0,01	0,51	0,52
Operating Profit Margin	10,7 %	9,9 %	10,46 %	1,74 %
Current Ratio	2,23	2,05	3,94	2,28
Quick Ratio	−2,28	−3,97	−1,75	−2,34
Equity Ratio	0,57	0,52	0,51	0,39
Gross Profit Margin	35,6 %	32,55 %	33,57 %	28,44 %