SAFE24 EIGEDOM AS

6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

−6,69 %

Current Ratio

1,93

Debt-to-Equity Ratio

−1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	536 000	631 000	516 000	517 000
Net Income	307 000	362 000	−330 000	−525 000
Total Assets	2 252 000	2 353 000	4 227 000	4 349 000
Total Equity	−4 588 000	−4 895 000	−5 257 000	−4 927 000

Income (NOK)	2022	2021	2020	2019
Revenue	536 000	631 000	516 000	517 000
Expenditure	188 000	256 000	665 000	704 000
Operating Profit	349 000	374 000	−148 000	−187 000
Financial Income	0	0	26 000	48 000
Financial Costs	42 000	12 000	207 000	385 000
Financial Balance	−42 000	−12 000	−181 000	−337 000
Earnings Before Tax	307 000	362 000	−330 000	−525 000
Tax	0	0	0	0
Net Income	307 000	362 000	−330 000	−525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 200 000	2 200 000	2 292 000	2 846 000
Total Current Assets	52 000	153 000	1 935 000	1 503 000
Total Assets	2 252 000	2 353 000	4 227 000	4 349 000
Total Retained Equity	−4 788 000	−5 095 000	−5 457 000	−5 127 000
Total Equity	−4 588 000	−4 895 000	−5 257 000	−4 927 000
Total Long-Term Debt	6 813 000	6 554 000	8 799 000	8 603 000
Total Current Debt	27 000	694 000	685 000	673 000
Total Equity and Debt	2 252 000	2 353 000	4 227 000	4 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	536 000	631 000	516 000	517 000
Revenue	536 000	631 000	516 000	517 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	92 000	554 000	554 000
Impairment	0	0	0	0
Expenditure	188 000	256 000	665 000	704 000
Operating Profit	349 000	374 000	−148 000	−187 000
Financial Income	0	0	26 000	48 000
Financial Costs	42 000	12 000	207 000	385 000
Financial Balance	−42 000	−12 000	−181 000	−337 000
Dividends	0	0	0	0
Net Income	307 000	362 000	−330 000	−525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 200 000	2 200 000	2 292 000	2 846 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 200 000	2 200 000	2 292 000	2 846 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 200 000	2 200 000	2 292 000	2 846 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	91 000	9 000	19 000
Total Current Assets	52 000	153 000	1 935 000	1 503 000
Total Assets	2 252 000	2 353 000	4 227 000	4 349 000
Total Equity	−4 588 000	−4 895 000	−5 257 000	−4 927 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 813 000	6 554 000	8 799 000	8 603 000
Creditors	9 000	5 000	5 000	5 000
Unpaid Taxes	8 000	34 000	25 000	25 000
Dividends	0	0	0	0
Other Current Debt	10 000	655 000	655 000	644 000
Total Current Debt	27 000	694 000	685 000	673 000
Total Equity and Debt	2 252 000	2 353 000	4 227 000	4 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,69 %	−7,4 %	6,28 %	10,66 %
Debt-to-Equity Ratio	−1,48	−1,34	−1,67	−1,75
Operating Profit Margin	65,11 %	59,27 %	−28,68 %	−36,17 %
Current Ratio	1,93	0,22	2,82	2,23
Quick Ratio	1,93	0,22	2,82	2,23
Equity Ratio	−2,04	−2,08	−1,24	−1,13
Gross Profit Margin	100 %	100 %	100 %	100 %