SAFETY SOLUTIONS AS

4621 KRISTIANSAND S

Finances

Return on Equity

−12,13 %

Current Ratio

0,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 000	123 000	334 000	264 000
Net Income	−33 000	17 000	33 000	85 000
Total Assets	579 000	869 000	1 091 000	1 081 000
Total Equity	272 000	304 000	287 000	255 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 000	123 000	334 000	264 000
Expenditure	94 000	102 000	292 000	201 000
Operating Profit	−69 000	20 000	42 000	63 000
Financial Income	22 000	1 000	0	36 000
Financial Costs	0	0	0	0
Financial Balance	22 000	1 000	0	36 000
Earnings Before Tax	−47 000	21 000	42 000	99 000
Tax	−15 000	5 000	9 000	14 000
Net Income	−33 000	17 000	33 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	415 000	400 000	400 000	436 000
Total Current Assets	165 000	469 000	691 000	645 000
Total Assets	579 000	869 000	1 091 000	1 081 000
Total Retained Equity	−232 000	−199 000	−216 000	−249 000
Total Equity	272 000	304 000	287 000	255 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	308 000	565 000	803 000	827 000
Total Equity and Debt	579 000	869 000	1 091 000	1 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 000	123 000	334 000	264 000
Other Income	0	0	0	0
Revenue	26 000	123 000	334 000	264 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 000	5 000	231 000	182 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	94 000	102 000	292 000	201 000
Operating Profit	−69 000	20 000	42 000	63 000
Financial Income	22 000	1 000	0	36 000
Financial Costs	0	0	0	0
Financial Balance	22 000	1 000	0	36 000
Dividends	0	0	0	0
Net Income	−33 000	17 000	33 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	0	0	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	400 000	400 000	400 000	436 000
Total Fixed Assets	415 000	400 000	400 000	436 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 000	336 000	373 000	236 000
Total Current Assets	165 000	469 000	691 000	645 000
Total Assets	579 000	869 000	1 091 000	1 081 000
Total Equity	272 000	304 000	287 000	255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	7 000	9 000	2 000
Unpaid Taxes	0	11 000	109 000	120 000
Dividends	0	0	0	0
Other Current Debt	301 000	542 000	675 000	691 000
Total Current Debt	308 000	565 000	803 000	827 000
Total Equity and Debt	579 000	869 000	1 091 000	1 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,13 %	5,59 %	11,5 %	33,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−265,38 %	16,26 %	12,57 %	23,86 %
Current Ratio	0,54	0,83	0,86	0,78
Quick Ratio	0,54	0,83	0,86	0,78
Equity Ratio	0,47	0,35	0,26	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %