SAFE EXIT AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

21,89 %

Current Ratio

1,61

Debt-to-Equity Ratio

2,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 890 000	20 227 000	22 819 000	21 980 000
Net Income	406 000	−431 000	554 000	85 000
Total Assets	15 118 000	12 248 000	11 356 000	10 691 000
Total Equity	1 855 000	1 449 000	1 879 000	1 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 890 000	20 227 000	22 819 000	21 980 000
Expenditure	37 049 000	20 511 000	21 897 000	21 648 000
Operating Profit	840 000	−286 000	922 000	331 000
Financial Income	19 000	23 000	5 000	1 000
Financial Costs	336 000	270 000	200 000	217 000
Financial Balance	−317 000	−247 000	−195 000	−216 000
Earnings Before Tax	523 000	−532 000	726 000	116 000
Tax	117 000	−102 000	173 000	31 000
Net Income	406 000	−431 000	554 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 178 000	1 632 000	2 751 000	1 679 000
Total Current Assets	13 941 000	10 616 000	8 605 000	9 012 000
Total Assets	15 118 000	12 248 000	11 356 000	10 691 000
Total Retained Equity	1 755 000	1 349 000	1 779 000	1 226 000
Total Equity	1 855 000	1 449 000	1 879 000	1 326 000
Total Long-Term Debt	4 618 000	5 109 000	5 024 000	4 033 000
Total Current Debt	8 645 000	5 690 000	4 453 000	5 332 000
Total Equity and Debt	15 118 000	12 248 000	11 356 000	10 691 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 018 000	20 115 000	22 816 000	21 955 000
Other Income	−129 000	112 000	3 000	25 000
Revenue	37 890 000	20 227 000	22 819 000	21 980 000
Cost of Goods Sold	16 964 000	6 183 000	8 592 000	9 158 000
Salary Costs	13 418 000	9 414 000	8 539 000	8 897 000
Depreciation	520 000	589 000	557 000	335 000
Impairment	0	0	0	0
Expenditure	37 049 000	20 511 000	21 897 000	21 648 000
Operating Profit	840 000	−286 000	922 000	331 000
Financial Income	19 000	23 000	5 000	1 000
Financial Costs	336 000	270 000	200 000	217 000
Financial Balance	−317 000	−247 000	−195 000	−216 000
Dividends	0	0	0	0
Net Income	406 000	−431 000	554 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	15 000	0	0
Real Eastate	71 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 107 000	1 617 000	2 737 000	1 670 000
Total Tangible Assets	1 178 000	1 617 000	2 737 000	1 670 000
Total Fiancial Fixed Assets	0	0	13 000	10 000
Total Fixed Assets	1 178 000	1 632 000	2 751 000	1 679 000
Stock	4 886 000	4 163 000	3 839 000	3 524 000
Total Investments	0	0	0	0
Cash, Bank	697 000	371 000	850 000	207 000
Total Current Assets	13 941 000	10 616 000	8 605 000	9 012 000
Total Assets	15 118 000	12 248 000	11 356 000	10 691 000
Total Equity	1 855 000	1 449 000	1 879 000	1 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 618 000	5 109 000	5 024 000	4 033 000
Creditors	3 345 000	2 071 000	1 187 000	2 499 000
Unpaid Taxes	2 199 000	1 868 000	1 403 000	1 153 000
Dividends	0	0	0	0
Other Current Debt	3 053 000	1 751 000	1 721 000	1 518 000
Total Current Debt	8 645 000	5 690 000	4 453 000	5 332 000
Total Equity and Debt	15 118 000	12 248 000	11 356 000	10 691 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,89 %	−29,74 %	29,48 %	6,41 %
Debt-to-Equity Ratio	2,49	3,53	2,67	3,04
Operating Profit Margin	2,22 %	−1,41 %	4,04 %	1,51 %
Current Ratio	1,61	1,87	1,93	1,69
Quick Ratio	3,71	6,95	14,01	4,98
Equity Ratio	0,12	0,12	0,17	0,12
Gross Profit Margin	55,23 %	69,43 %	62,35 %	58,33 %