SAFE LOGISTIC AS

1658 TORP

Finances

Share Ownership

Return on Equity

0,25 %

Current Ratio

2,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	363 000	365 000	427 000	413 000
Net Income	26 000	552 000	7 954 000	−158 000
Total Assets	13 818 000	16 283 000	10 997 000	1 616 000
Total Equity	10 598 000	9 764 000	4 557 000	−6 489 000

Income (NOK)	2022	2021	2020	2019
Revenue	363 000	365 000	427 000	413 000
Expenditure	325 000	290 000	−885 000	325 000
Operating Profit	38 000	76 000	1 312 000	88 000
Financial Income	3 000	0	1 000	0
Financial Costs	7 000	132 000	218 000	246 000
Financial Balance	−4 000	−132 000	−217 000	−246 000
Earnings Before Tax	33 000	−56 000	1 095 000	−158 000
Tax	7 000	−608 000	−6 859 000	0
Net Income	26 000	552 000	7 954 000	−158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 047 000	5 282 000	5 987 000	0
Total Current Assets	8 771 000	11 001 000	5 011 000	1 616 000
Total Assets	13 818 000	16 283 000	10 997 000	1 616 000
Total Retained Equity	−41 061 000	−41 087 000	−41 640 000	−49 594 000
Total Equity	10 598 000	9 764 000	4 557 000	−6 489 000
Total Long-Term Debt	0	3 258 000	3 128 000	4 258 000
Total Current Debt	3 219 000	3 261 000	3 312 000	3 847 000
Total Equity and Debt	13 818 000	16 283 000	10 997 000	1 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	363 000	365 000	427 000	407 000
Other Income	0	0	0	7 000
Revenue	363 000	365 000	427 000	413 000
Cost of Goods Sold	309 000	271 000	233 000	293 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	325 000	290 000	−885 000	325 000
Operating Profit	38 000	76 000	1 312 000	88 000
Financial Income	3 000	0	1 000	0
Financial Costs	7 000	132 000	218 000	246 000
Financial Balance	−4 000	−132 000	−217 000	−246 000
Dividends	0	0	0	0
Net Income	26 000	552 000	7 954 000	−158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 047 000	5 282 000	5 987 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 047 000	5 282 000	5 987 000	0
Stock	981 000	917 000	887 000	749 000
Total Investments	0	0	0	0
Cash, Bank	95 000	24 000	18 000	244 000
Total Current Assets	8 771 000	11 001 000	5 011 000	1 616 000
Total Assets	13 818 000	16 283 000	10 997 000	1 616 000
Total Equity	10 598 000	9 764 000	4 557 000	−6 489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 258 000	3 128 000	4 258 000
Creditors	3 202 000	3 252 000	3 292 000	3 834 000
Unpaid Taxes	12 000	0	10 000	0
Dividends	0	0	0	0
Other Current Debt	6 000	10 000	10 000	12 000
Total Current Debt	3 219 000	3 261 000	3 312 000	3 847 000
Total Equity and Debt	13 818 000	16 283 000	10 997 000	1 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,25 %	5,65 %	174,54 %	2,43 %
Debt-to-Equity Ratio	0	0,33	0,69	−0,66
Operating Profit Margin	10,47 %	20,82 %	307,26 %	21,31 %
Current Ratio	2,72	3,37	1,51	0,42
Quick Ratio	3,92	4,69	2,07	0,52
Equity Ratio	0,77	0,6	0,41	−4,02
Gross Profit Margin	14,88 %	25,75 %	45,43 %	29,06 %