SAFELINK AS

3920 PORSGRUNN

Finances

Return on Equity

−130,92 %

Current Ratio

0,12

Debt-to-Equity Ratio

5,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 604 000	10 809 000	7 088 000	9 304 000
Net Income	−9 362 000	648 000	−11 010 000	−4 842 000
Total Assets	101 938 000	47 891 000	38 912 000	45 241 000
Total Equity	7 151 000	16 513 000	15 865 000	14 375 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 604 000	10 809 000	7 088 000	9 304 000
Expenditure	19 966 000	10 319 000	9 005 000	13 094 000
Operating Profit	−5 362 000	490 000	−1 917 000	−3 791 000
Financial Income	865 000	812 000	331 000	1 698 000
Financial Costs	4 865 000	654 000	9 423 000	2 749 000
Financial Balance	−4 000 000	158 000	−9 092 000	−1 051 000
Earnings Before Tax	−9 362 000	648 000	−11 010 000	−4 842 000
Tax	0	0	0	0
Net Income	−9 362 000	648 000	−11 010 000	−4 842 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 066 000	38 263 000	32 048 000	36 754 000
Total Current Assets	6 871 000	9 628 000	6 864 000	8 487 000
Total Assets	101 938 000	47 891 000	38 912 000	45 241 000
Total Retained Equity	−34 634 000	−25 272 000	−25 920 000	−14 910 000
Total Equity	7 151 000	16 513 000	15 865 000	14 375 000
Total Long-Term Debt	36 557 000	23 442 000	15 779 000	23 656 000
Total Current Debt	58 230 000	7 937 000	7 268 000	7 211 000
Total Equity and Debt	101 938 000	47 891 000	38 912 000	45 241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 604 000	8 303 000	7 088 000	9 113 000
Other Income	0	2 506 000	0	191 000
Revenue	14 604 000	10 809 000	7 088 000	9 304 000
Cost of Goods Sold	10 815 000	6 613 000	4 184 000	6 644 000
Salary Costs	2 116 000	2 619 000	1 453 000	2 379 000
Depreciation	733 000	903 000	−312 000	2 687 000
Impairment	0	0	0	0
Expenditure	19 966 000	10 319 000	9 005 000	13 094 000
Operating Profit	−5 362 000	490 000	−1 917 000	−3 791 000
Financial Income	865 000	812 000	331 000	1 698 000
Financial Costs	4 865 000	654 000	9 423 000	2 749 000
Financial Balance	−4 000 000	158 000	−9 092 000	−1 051 000
Dividends	0	0	0	0
Net Income	−9 362 000	648 000	−11 010 000	−4 842 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	408 000	529 000	678 000	784 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 305 000	3 823 000	1 980 000	1 467 000
Fixtures	0	29 000	39 000	5 000
Total Tangible Assets	3 324 000	3 852 000	2 019 000	1 472 000
Total Fiancial Fixed Assets	91 334 000	33 882 000	29 351 000	34 497 000
Total Fixed Assets	95 066 000	38 263 000	32 048 000	36 754 000
Stock	573 000	735 000	1 000 000	1 059 000
Total Investments	0	0	0	0
Cash, Bank	1 000 000	612 000	230 000	521 000
Total Current Assets	6 871 000	9 628 000	6 864 000	8 487 000
Total Assets	101 938 000	47 891 000	38 912 000	45 241 000
Total Equity	7 151 000	16 513 000	15 865 000	14 375 000
Short-Term Group Debt	34 300 000	676 000	6 000	0
Total Long-Term Debt	36 557 000	23 442 000	15 779 000	23 656 000
Creditors	20 960 000	4 855 000	4 196 000	3 582 000
Unpaid Taxes	671 000	434 000	339 000	551 000
Dividends	0	0	0	0
Other Current Debt	2 300 000	545 000	718 000	1 724 000
Total Current Debt	58 230 000	7 937 000	7 268 000	7 211 000
Total Equity and Debt	101 938 000	47 891 000	38 912 000	45 241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−130,92 %	3,92 %	−69,4 %	−33,68 %
Debt-to-Equity Ratio	5,11	1,42	0,99	1,65
Operating Profit Margin	−36,72 %	4,53 %	−27,05 %	−40,75 %
Current Ratio	0,12	1,21	0,94	1,18
Quick Ratio	0,12	1,34	1,1	1,38
Equity Ratio	0,07	0,34	0,41	0,32
Gross Profit Margin	25,94 %	38,82 %	40,97 %	28,59 %