SAFTEN AS

6863 LEIKANGER

Finances

Return on Equity

151,3 %

Current Ratio

4,36

Debt-to-Equity Ratio

13,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 382 000	2 769 000	2 763 000	2 671 000
Net Income	1 221 000	−682 000	720 000	442 000
Total Assets	12 029 000	17 299 000	18 928 000	19 509 000
Total Equity	807 000	−415 000	267 000	−453 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 382 000	2 769 000	2 763 000	2 671 000
Expenditure	488 000	2 561 000	1 100 000	1 293 000
Operating Profit	1 894 000	208 000	1 663 000	1 378 000
Financial Income	18 000	0	0	0
Financial Costs	690 000	890 000	943 000	936 000
Financial Balance	−672 000	−890 000	−943 000	−936 000
Earnings Before Tax	1 221 000	−682 000	720 000	442 000
Tax	0	0	0	0
Net Income	1 221 000	−682 000	720 000	442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 205 000	16 514 000	18 607 000	19 060 000
Total Current Assets	1 824 000	785 000	321 000	449 000
Total Assets	12 029 000	17 299 000	18 928 000	19 509 000
Total Retained Equity	−232 000	−1 454 000	−772 000	−1 492 000
Total Equity	807 000	−415 000	267 000	−453 000
Total Long-Term Debt	10 804 000	17 233 000	18 323 000	19 358 000
Total Current Debt	418 000	481 000	337 000	604 000
Total Equity and Debt	12 029 000	17 299 000	18 928 000	19 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 009 000	2 313 000	2 247 000	2 227 000
Other Income	373 000	456 000	515 000	444 000
Revenue	2 382 000	2 769 000	2 763 000	2 671 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	289 000	453 000	453 000	453 000
Impairment	0	1 640 000	0	0
Expenditure	488 000	2 561 000	1 100 000	1 293 000
Operating Profit	1 894 000	208 000	1 663 000	1 378 000
Financial Income	18 000	0	0	0
Financial Costs	690 000	890 000	943 000	936 000
Financial Balance	−672 000	−890 000	−943 000	−936 000
Dividends	0	0	0	0
Net Income	1 221 000	−682 000	720 000	442 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 205 000	16 494 000	18 587 000	19 040 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 205 000	16 494 000	18 587 000	19 040 000
Total Fiancial Fixed Assets	0	21 000	21 000	21 000
Total Fixed Assets	10 205 000	16 514 000	18 607 000	19 060 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	678 000	24 000	19 000	243 000
Total Current Assets	1 824 000	785 000	321 000	449 000
Total Assets	12 029 000	17 299 000	18 928 000	19 509 000
Total Equity	807 000	−415 000	267 000	−453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 804 000	17 233 000	18 323 000	19 358 000
Creditors	227 000	94 000	184 000	174 000
Unpaid Taxes	91 000	70 000	39 000	148 000
Dividends	0	0	0	0
Other Current Debt	100 000	317 000	114 000	281 000
Total Current Debt	418 000	481 000	337 000	604 000
Total Equity and Debt	12 029 000	17 299 000	18 928 000	19 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	151,3 %	164,34 %	269,66 %	−97,57 %
Debt-to-Equity Ratio	13,39	−41,53	68,63	−42,73
Operating Profit Margin	79,51 %	7,51 %	60,19 %	51,59 %
Current Ratio	4,36	1,63	0,95	0,74
Quick Ratio	4,36	1,63	0,95	0,74
Equity Ratio	0,07	−0,02	0,01	−0,02
Gross Profit Margin	100 %	100 %	100 %	100 %