SAFE MSC AS

4624 KRISTIANSAND S

Finances

Return on Equity

126,63 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 551 000	1 146 000	751 000	968 000
Net Income	214 000	112 000	18 000	25 000
Total Assets	854 000	632 000	403 000	530 000
Total Equity	169 000	155 000	103 000	130 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 551 000	1 146 000	751 000	968 000
Expenditure	1 240 000	1 003 000	728 000	936 000
Operating Profit	310 000	143 000	23 000	32 000
Financial Income	1 000	0	1 000	0
Financial Costs	28 000	0	0	0
Financial Balance	−27 000	0	1 000	0
Earnings Before Tax	283 000	143 000	24 000	32 000
Tax	69 000	32 000	5 000	7 000
Net Income	214 000	112 000	18 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	854 000	632 000	403 000	530 000
Total Assets	854 000	632 000	403 000	530 000
Total Retained Equity	68 000	54 000	2 000	29 000
Total Equity	169 000	155 000	103 000	130 000
Total Long-Term Debt	0	0	8 000	4 000
Total Current Debt	685 000	478 000	292 000	396 000
Total Equity and Debt	854 000	632 000	403 000	530 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 551 000	1 146 000	751 000	968 000
Other Income	0	0	0	0
Revenue	1 551 000	1 146 000	751 000	968 000
Cost of Goods Sold	0	0	0	0
Salary Costs	811 000	778 000	492 000	638 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 240 000	1 003 000	728 000	936 000
Operating Profit	310 000	143 000	23 000	32 000
Financial Income	1 000	0	1 000	0
Financial Costs	28 000	0	0	0
Financial Balance	−27 000	0	1 000	0
Dividends	200 000	60 000	45 000	0
Net Income	214 000	112 000	18 000	25 000

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	0	0	0	0
Total Investments	72 000	0	0	0
Cash, Bank	557 000	598 000	376 000	523 000
Total Current Assets	854 000	632 000	403 000	530 000
Total Assets	854 000	632 000	403 000	530 000
Total Equity	169 000	155 000	103 000	130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	8 000	4 000
Creditors	9 000	1 000	10 000	6 000
Unpaid Taxes	332 000	310 000	164 000	58 000
Dividends	200 000	60 000	45 000	0
Other Current Debt	75 000	74 000	68 000	325 000
Total Current Debt	685 000	478 000	292 000	396 000
Total Equity and Debt	854 000	632 000	403 000	530 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,63 %	72,26 %	17,48 %	19,23 %
Debt-to-Equity Ratio	0	0	0,08	0,03
Operating Profit Margin	19,99 %	12,48 %	3,06 %	3,31 %
Current Ratio	1,25	1,32	1,38	1,34
Quick Ratio	1,25	1,32	1,38	1,34
Equity Ratio	0,2	0,25	0,26	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %