SAFE

4008 STAVANGER

Finances

Return on Equity

4,35 %

Current Ratio

15,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 888 000	54 502 000	54 006 000	49 629 000
Net Income	5 804 000	11 538 000	12 699 000	7 996 000
Total Assets	140 856 000	129 607 000	117 844 000	104 265 000
Total Equity	133 535 000	125 441 000	113 250 000	98 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 888 000	54 502 000	54 006 000	49 629 000
Expenditure	52 639 000	43 466 000	41 815 000	42 365 000
Operating Profit	4 249 000	11 036 000	12 191 000	7 264 000
Financial Income	1 555 000	502 000	508 000	732 000
Financial Costs	0	0	0	0
Financial Balance	1 555 000	502 000	508 000	732 000
Earnings Before Tax	5 804 000	11 538 000	12 699 000	7 996 000
Tax	0	0	0	0
Net Income	5 804 000	11 538 000	12 699 000	7 996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 675 000	31 034 000	31 297 000	31 520 000
Total Current Assets	110 181 000	98 574 000	86 547 000	72 745 000
Total Assets	140 856 000	129 607 000	117 844 000	104 265 000
Total Retained Equity	133 535 000	125 441 000	113 250 000	98 876 000
Total Equity	133 535 000	125 441 000	113 250 000	98 876 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 320 000	4 166 000	4 594 000	5 389 000
Total Equity and Debt	140 856 000	129 607 000	117 844 000	104 265 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	56 888 000	54 502 000	54 006 000	49 629 000
Revenue	56 888 000	54 502 000	54 006 000	49 629 000
Cost of Goods Sold	0	0	0	0
Salary Costs	20 816 000	19 769 000	16 861 000	19 043 000
Depreciation	402 000	370 000	336 000	336 000
Impairment	0	0	0	0
Expenditure	52 639 000	43 466 000	41 815 000	42 365 000
Operating Profit	4 249 000	11 036 000	12 191 000	7 264 000
Financial Income	1 555 000	502 000	508 000	732 000
Financial Costs	0	0	0	0
Financial Balance	1 555 000	502 000	508 000	732 000
Dividends	0	0	0	0
Net Income	5 804 000	11 538 000	12 699 000	7 996 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 492 000	30 797 000	31 102 000	31 407 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 000	216 000	195 000	112 000
Total Tangible Assets	30 655 000	31 014 000	31 297 000	31 520 000
Total Fiancial Fixed Assets	20 000	20 000	0	0
Total Fixed Assets	30 675 000	31 034 000	31 297 000	31 520 000
Stock	0	0	0	0
Total Investments	1 495 000	1 489 000	1 643 000	1 612 000
Cash, Bank	105 120 000	92 236 000	81 317 000	67 720 000
Total Current Assets	110 181 000	98 574 000	86 547 000	72 745 000
Total Assets	140 856 000	129 607 000	117 844 000	104 265 000
Total Equity	133 535 000	125 441 000	113 250 000	98 876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 660 000	517 000	1 047 000	593 000
Unpaid Taxes	1 770 000	1 568 000	1 480 000	1 542 000
Dividends	0	0	0	0
Other Current Debt	1 890 000	2 081 000	2 067 000	3 254 000
Total Current Debt	7 320 000	4 166 000	4 594 000	5 389 000
Total Equity and Debt	140 856 000	129 607 000	117 844 000	104 265 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,35 %	9,2 %	11,21 %	8,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,47 %	20,25 %	22,57 %	14,64 %
Current Ratio	15,05	23,66	18,84	13,5
Quick Ratio	15,05	23,66	18,84	13,5
Equity Ratio	0,95	0,97	0,96	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %