SAFTERIET AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

1,07 %

Current Ratio

7,46

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 557 000	11 713 000	7 897 000	7 379 000
Net Income	122 000	−120 000	−1 247 000	−865 000
Total Assets	15 935 000	9 017 000	8 324 000	9 486 000
Total Equity	11 432 000	7 221 000	7 340 000	8 588 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 557 000	11 713 000	7 897 000	7 379 000
Expenditure	13 363 000	11 854 000	9 496 000	8 496 000
Operating Profit	195 000	−141 000	−1 598 000	−1 116 000
Financial Income	5 000	2 000	3 000	11 000
Financial Costs	38 000	12 000	1 000	2 000
Financial Balance	−33 000	−10 000	2 000	9 000
Earnings Before Tax	161 000	−151 000	−1 597 000	−1 107 000
Tax	40 000	−31 000	−349 000	−242 000
Net Income	122 000	−120 000	−1 247 000	−865 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 394 000	3 356 000	3 488 000	3 696 000
Total Current Assets	12 541 000	5 661 000	4 837 000	5 790 000
Total Assets	15 935 000	9 017 000	8 324 000	9 486 000
Total Retained Equity	−1 594 000	−1 715 000	−1 596 000	−348 000
Total Equity	11 432 000	7 221 000	7 340 000	8 588 000
Total Long-Term Debt	2 821 000	0	0	0
Total Current Debt	1 682 000	1 797 000	984 000	899 000
Total Equity and Debt	15 935 000	9 017 000	8 324 000	9 486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 557 000	11 563 000	7 897 000	7 379 000
Other Income	0	150 000	0	0
Revenue	13 557 000	11 713 000	7 897 000	7 379 000
Cost of Goods Sold	5 552 000	5 159 000	3 977 000	3 614 000
Salary Costs	4 451 000	4 177 000	3 160 000	2 935 000
Depreciation	420 000	439 000	558 000	418 000
Impairment	0	0	0	0
Expenditure	13 363 000	11 854 000	9 496 000	8 496 000
Operating Profit	195 000	−141 000	−1 598 000	−1 116 000
Financial Income	5 000	2 000	3 000	11 000
Financial Costs	38 000	12 000	1 000	2 000
Financial Balance	−33 000	−10 000	2 000	9 000
Dividends	0	0	0	0
Net Income	122 000	−120 000	−1 247 000	−865 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 119 000	1 159 000	1 127 000	778 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 275 000	2 197 000	2 360 000	2 918 000
Total Tangible Assets	2 275 000	2 197 000	2 360 000	2 918 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 394 000	3 356 000	3 488 000	3 696 000
Stock	5 346 000	3 255 000	2 836 000	3 282 000
Total Investments	0	0	0	0
Cash, Bank	1 076 000	890 000	697 000	954 000
Total Current Assets	12 541 000	5 661 000	4 837 000	5 790 000
Total Assets	15 935 000	9 017 000	8 324 000	9 486 000
Total Equity	11 432 000	7 221 000	7 340 000	8 588 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 821 000	0	0	0
Creditors	1 054 000	1 225 000	366 000	552 000
Unpaid Taxes	246 000	262 000	294 000	163 000
Dividends	0	0	0	0
Other Current Debt	382 000	310 000	323 000	184 000
Total Current Debt	1 682 000	1 797 000	984 000	899 000
Total Equity and Debt	15 935 000	9 017 000	8 324 000	9 486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,07 %	−1,66 %	−16,99 %	−10,07 %
Debt-to-Equity Ratio	0,25	0	0	0
Operating Profit Margin	1,44 %	−1,2 %	−20,24 %	−15,12 %
Current Ratio	7,46	3,15	4,92	6,44
Quick Ratio	−3,42	−3,88	−2,61	−2,43
Equity Ratio	0,72	0,8	0,88	0,91
Gross Profit Margin	59,05 %	55,95 %	49,64 %	51,02 %