SAFEHEAT AS

3612 KONGSBERG

Finances

Share Ownership

Return on Equity

17,75 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 730 000	4 126 000	1 707 000	2 997 000
Net Income	170 000	429 000	−7 000	37 000
Total Assets	1 741 000	1 663 000	881 000	1 027 000
Total Equity	958 000	789 000	360 000	367 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 730 000	4 126 000	1 707 000	2 997 000
Expenditure	3 512 000	3 577 000	1 716 000	2 950 000
Operating Profit	218 000	550 000	−9 000	47 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	218 000	550 000	−9 000	47 000
Tax	48 000	121 000	−2 000	10 000
Net Income	170 000	429 000	−7 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 741 000	1 663 000	881 000	1 027 000
Total Assets	1 741 000	1 663 000	881 000	1 027 000
Total Retained Equity	858 000	689 000	260 000	267 000
Total Equity	958 000	789 000	360 000	367 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	782 000	875 000	521 000	661 000
Total Equity and Debt	1 741 000	1 663 000	881 000	1 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 729 000	4 124 000	1 707 000	2 997 000
Other Income	1 000	2 000	0	0
Revenue	3 730 000	4 126 000	1 707 000	2 997 000
Cost of Goods Sold	855 000	905 000	339 000	632 000
Salary Costs	74 000	153 000	252 000	248 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 512 000	3 577 000	1 716 000	2 950 000
Operating Profit	218 000	550 000	−9 000	47 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	170 000	429 000	−7 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	763 000	846 000	562 000	390 000
Total Investments	0	0	0	0
Cash, Bank	606 000	702 000	147 000	451 000
Total Current Assets	1 741 000	1 663 000	881 000	1 027 000
Total Assets	1 741 000	1 663 000	881 000	1 027 000
Total Equity	958 000	789 000	360 000	367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	601 000	728 000	483 000	547 000
Unpaid Taxes	120 000	12 000	21 000	60 000
Dividends	0	0	0	0
Other Current Debt	14 000	14 000	17 000	43 000
Total Current Debt	782 000	875 000	521 000	661 000
Total Equity and Debt	1 741 000	1 663 000	881 000	1 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,75 %	54,37 %	−1,94 %	10,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,84 %	13,33 %	−0,53 %	1,57 %
Current Ratio	2,23	1,9	1,69	1,55
Quick Ratio	91,63	57,34	−21,49	3,79
Equity Ratio	0,55	0,47	0,41	0,36
Gross Profit Margin	77,08 %	78,07 %	80,14 %	78,91 %