SAFE MARIN AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

498,18 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 777 000	5 023 000	5 342 000	5 118 000
Net Income	548 000	351 000	629 000	944 000
Total Assets	2 026 000	4 803 000	5 070 000	5 340 000
Total Equity	110 000	100 000	3 899 000	3 887 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 777 000	5 023 000	5 342 000	5 118 000
Expenditure	4 076 000	4 574 000	4 535 000	3 918 000
Operating Profit	701 000	450 000	807 000	1 199 000
Financial Income	1 000	1 000	1 000	11 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	11 000
Earnings Before Tax	702 000	450 000	808 000	1 210 000
Tax	154 000	99 000	179 000	266 000
Net Income	548 000	351 000	629 000	944 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	165 000	1 712 000	1 775 000
Total Current Assets	1 898 000	4 638 000	3 357 000	3 565 000
Total Assets	2 026 000	4 803 000	5 070 000	5 340 000
Total Retained Equity	10 000	0	3 799 000	3 787 000
Total Equity	110 000	100 000	3 899 000	3 887 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 916 000	4 703 000	1 171 000	1 454 000
Total Equity and Debt	2 026 000	4 803 000	5 070 000	5 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 777 000	5 023 000	5 340 000	5 116 000
Other Income	0	0	1 000	1 000
Revenue	4 777 000	5 023 000	5 342 000	5 118 000
Cost of Goods Sold	1 946 000	2 141 000	2 750 000	2 144 000
Salary Costs	1 335 000	1 439 000	1 086 000	1 017 000
Depreciation	34 000	44 000	58 000	77 000
Impairment	0	0	0	0
Expenditure	4 076 000	4 574 000	4 535 000	3 918 000
Operating Profit	701 000	450 000	807 000	1 199 000
Financial Income	1 000	1 000	1 000	11 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	11 000
Dividends	0	3 812 000	0	0
Net Income	548 000	351 000	629 000	944 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	21 000	25 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	143 000	187 000	245 000
Total Tangible Assets	109 000	143 000	187 000	245 000
Total Fiancial Fixed Assets	0	0	1 500 000	1 500 000
Total Fixed Assets	128 000	165 000	1 712 000	1 775 000
Stock	350 000	350 000	350 000	350 000
Total Investments	0	0	0	0
Cash, Bank	1 388 000	1 353 000	1 162 000	999 000
Total Current Assets	1 898 000	4 638 000	3 357 000	3 565 000
Total Assets	2 026 000	4 803 000	5 070 000	5 340 000
Total Equity	110 000	100 000	3 899 000	3 887 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	103 000	196 000	166 000	94 000
Unpaid Taxes	91 000	141 000	89 000	48 000
Dividends	0	3 812 000	0	0
Other Current Debt	1 721 000	554 000	916 000	1 312 000
Total Current Debt	1 916 000	4 703 000	1 171 000	1 454 000
Total Equity and Debt	2 026 000	4 803 000	5 070 000	5 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	498,18 %	351 %	16,13 %	24,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,67 %	8,96 %	15,11 %	23,43 %
Current Ratio	0,99	0,99	2,87	2,45
Quick Ratio	1,21	1,07	4,09	3,23
Equity Ratio	0,05	0,02	0,77	0,73
Gross Profit Margin	59,26 %	57,38 %	48,52 %	58,11 %