SAFE GROUP AS

9392 STONGLANDSEIDET

Finances

Return on Equity

5,5 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 209 000	4 045 000	1 552 000	678 000
Net Income	929 000	71 000	69 000	216 000
Total Assets	22 127 000	22 780 000	22 012 000	21 697 000
Total Equity	16 901 000	15 972 000	15 901 000	15 832 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 209 000	4 045 000	1 552 000	678 000
Expenditure	576 000	2 965 000	928 000	376 000
Operating Profit	633 000	1 081 000	624 000	303 000
Financial Income	719 000	9 000	54 000	235 000
Financial Costs	306 000	796 000	576 000	273 000
Financial Balance	413 000	−787 000	−522 000	−38 000
Earnings Before Tax	1 046 000	294 000	103 000	264 000
Tax	118 000	223 000	34 000	49 000
Net Income	929 000	71 000	69 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 945 000	21 270 000	16 737 000	16 380 000
Total Current Assets	1 182 000	1 510 000	5 275 000	5 317 000
Total Assets	22 127 000	22 780 000	22 012 000	21 697 000
Total Retained Equity	8 890 000	7 961 000	7 890 000	7 821 000
Total Equity	16 901 000	15 972 000	15 901 000	15 832 000
Total Long-Term Debt	4 233 000	2 563 000	2 794 000	2 978 000
Total Current Debt	993 000	4 245 000	3 317 000	2 887 000
Total Equity and Debt	22 127 000	22 780 000	22 012 000	21 697 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 113 000	3 964 000	1 267 000	439 000
Other Income	96 000	81 000	285 000	239 000
Revenue	1 209 000	4 045 000	1 552 000	678 000
Cost of Goods Sold	6 000	2 160 000	230 000	0
Salary Costs	121 000	424 000	193 000	0
Depreciation	160 000	160 000	157 000	152 000
Impairment	0	0	0	0
Expenditure	576 000	2 965 000	928 000	376 000
Operating Profit	633 000	1 081 000	624 000	303 000
Financial Income	719 000	9 000	54 000	235 000
Financial Costs	306 000	796 000	576 000	273 000
Financial Balance	413 000	−787 000	−522 000	−38 000
Dividends	0	0	0	0
Net Income	929 000	71 000	69 000	216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	119 000	97 000	78 000	71 000
Real Eastate	4 410 000	4 410 000	3 778 000	3 778 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	357 000	517 000	677 000	796 000
Total Tangible Assets	4 767 000	4 927 000	4 455 000	4 575 000
Total Fiancial Fixed Assets	16 058 000	16 246 000	12 204 000	11 735 000
Total Fixed Assets	20 945 000	21 270 000	16 737 000	16 380 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	674 000	573 000	4 058 000	5 128 000
Total Current Assets	1 182 000	1 510 000	5 275 000	5 317 000
Total Assets	22 127 000	22 780 000	22 012 000	21 697 000
Total Equity	16 901 000	15 972 000	15 901 000	15 832 000
Short-Term Group Debt	655 000	3 228 000	2 390 000	2 506 000
Total Long-Term Debt	4 233 000	2 563 000	2 794 000	2 978 000
Creditors	11 000	12 000	514 000	13 000
Unpaid Taxes	38 000	487 000	24 000	0
Dividends	0	0	0	0
Other Current Debt	289 000	518 000	388 000	369 000
Total Current Debt	993 000	4 245 000	3 317 000	2 887 000
Total Equity and Debt	22 127 000	22 780 000	22 012 000	21 697 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,5 %	0,44 %	0,43 %	1,36 %
Debt-to-Equity Ratio	0,25	0,16	0,18	0,19
Operating Profit Margin	52,36 %	26,72 %	40,21 %	44,69 %
Current Ratio	1,19	0,36	1,59	1,84
Quick Ratio	1,19	0,36	1,59	1,84
Equity Ratio	0,76	0,7	0,72	0,73
Gross Profit Margin	99,5 %	46,6 %	85,18 %	100 %