SAFETECH ENTREPRENØR AS

3470 SLEMMESTAD

Finances

Return on Equity

55,24 %

Current Ratio

1,25

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 080 000	14 387 000	6 553 000	7 677 000
Net Income	2 524 000	2 812 000	919 000	676 000
Total Assets	17 122 000	9 451 000	6 853 000	6 319 000
Total Equity	4 569 000	2 045 000	1 844 000	1 925 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 080 000	14 387 000	6 553 000	7 677 000
Expenditure	14 363 000	11 583 000	5 335 000	6 777 000
Operating Profit	2 716 000	2 804 000	1 218 000	900 000
Financial Income	632 000	661 000	1 000	1 000
Financial Costs	259 000	36 000	40 000	34 000
Financial Balance	373 000	625 000	−39 000	−33 000
Earnings Before Tax	3 089 000	3 429 000	1 179 000	867 000
Tax	565 000	618 000	259 000	191 000
Net Income	2 524 000	2 812 000	919 000	676 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 786 000	4 607 000	3 398 000	2 913 000
Total Current Assets	8 336 000	4 844 000	3 456 000	3 405 000
Total Assets	17 122 000	9 451 000	6 853 000	6 319 000
Total Retained Equity	4 469 000	1 945 000	1 744 000	1 825 000
Total Equity	4 569 000	2 045 000	1 844 000	1 925 000
Total Long-Term Debt	5 874 000	1 569 000	791 000	655 000
Total Current Debt	6 679 000	5 837 000	4 219 000	3 738 000
Total Equity and Debt	17 122 000	9 451 000	6 853 000	6 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 959 000	14 133 000	6 370 000	7 545 000
Other Income	120 000	255 000	182 000	133 000
Revenue	17 080 000	14 387 000	6 553 000	7 677 000
Cost of Goods Sold	3 893 000	2 878 000	450 000	1 435 000
Salary Costs	5 169 000	4 297 000	3 032 000	2 964 000
Depreciation	974 000	661 000	500 000	430 000
Impairment	225 000	0	0	0
Expenditure	14 363 000	11 583 000	5 335 000	6 777 000
Operating Profit	2 716 000	2 804 000	1 218 000	900 000
Financial Income	632 000	661 000	1 000	1 000
Financial Costs	259 000	36 000	40 000	34 000
Financial Balance	373 000	625 000	−39 000	−33 000
Dividends	0	2 500 000	1 000 000	0
Net Income	2 524 000	2 812 000	919 000	676 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 290 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 509 000	2 578 000	1 856 000	1 603 000
Total Tangible Assets	6 800 000	2 578 000	1 856 000	1 603 000
Total Fiancial Fixed Assets	1 986 000	2 029 000	1 541 000	1 310 000
Total Fixed Assets	8 786 000	4 607 000	3 398 000	2 913 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 911 000	3 467 000	3 203 000	1 327 000
Total Current Assets	8 336 000	4 844 000	3 456 000	3 405 000
Total Assets	17 122 000	9 451 000	6 853 000	6 319 000
Total Equity	4 569 000	2 045 000	1 844 000	1 925 000
Short-Term Group Debt	2 565 000	142 000	0	0
Total Long-Term Debt	5 874 000	1 569 000	791 000	655 000
Creditors	446 000	470 000	174 000	146 000
Unpaid Taxes	1 066 000	737 000	339 000	929 000
Dividends	0	2 500 000	1 000 000	0
Other Current Debt	1 948 000	1 438 000	2 402 000	2 550 000
Total Current Debt	6 679 000	5 837 000	4 219 000	3 738 000
Total Equity and Debt	17 122 000	9 451 000	6 853 000	6 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,24 %	137,51 %	49,84 %	35,12 %
Debt-to-Equity Ratio	1,29	0,77	0,43	0,34
Operating Profit Margin	15,9 %	19,49 %	18,59 %	11,72 %
Current Ratio	1,25	0,83	0,82	0,91
Quick Ratio	1,25	0,83	0,82	0,91
Equity Ratio	0,27	0,22	0,27	0,3
Gross Profit Margin	77,21 %	80 %	93,13 %	81,31 %