SOUTHSAFE AS

4322 SANDNES

Finances

Share Ownership

Return on Equity

−3,25 %

Current Ratio

0,45

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 080 000	1 304 000	1 190 000	1 057 000
Net Income	4 000	33 000	10 000	−111 000
Total Assets	102 000	35 000	5 000	−28 000
Total Equity	−123 000	−127 000	−160 000	−170 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 080 000	1 304 000	1 190 000	1 057 000
Expenditure	1 075 000	1 272 000	1 140 000	1 167 000
Operating Profit	6 000	32 000	50 000	−110 000
Financial Income	0	2 000	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	1 000	−1 000	−1 000
Earnings Before Tax	5 000	33 000	49 000	−111 000
Tax	1 000	0	40 000	0
Net Income	4 000	33 000	10 000	−111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	40 000
Total Current Assets	102 000	35 000	5 000	−67 000
Total Assets	102 000	35 000	5 000	−28 000
Total Retained Equity	−140 000	−144 000	−177 000	−187 000
Total Equity	−123 000	−127 000	−160 000	−170 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	225 000	162 000	165 000	142 000
Total Equity and Debt	102 000	35 000	5 000	−28 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 080 000	1 304 000	1 190 000	1 057 000
Other Income	0	0	0	0
Revenue	1 080 000	1 304 000	1 190 000	1 057 000
Cost of Goods Sold	0	0	0	0
Salary Costs	986 000	941 000	937 000	833 000
Depreciation	0	0	0	7 000
Impairment	0	0	0	0
Expenditure	1 075 000	1 272 000	1 140 000	1 167 000
Operating Profit	6 000	32 000	50 000	−110 000
Financial Income	0	2 000	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	4 000	33 000	10 000	−111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	40 000
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	40 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	101 000	35 000	29 000	39 000
Total Current Assets	102 000	35 000	5 000	−67 000
Total Assets	102 000	35 000	5 000	−28 000
Total Equity	−123 000	−127 000	−160 000	−170 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	1 000	1 000	0
Unpaid Taxes	105 000	89 000	93 000	97 000
Dividends	0	0	0	0
Other Current Debt	113 000	73 000	72 000	44 000
Total Current Debt	225 000	162 000	165 000	142 000
Total Equity and Debt	102 000	35 000	5 000	−28 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,25 %	−25,98 %	−6,25 %	65,29 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	0,56 %	2,45 %	4,2 %	−10,41 %
Current Ratio	0,45	0,22	0,03	−0,47
Quick Ratio	0,45	0,22	0,03	−0,47
Equity Ratio	−1,21	−3,63	−32	6,07
Gross Profit Margin	100 %	100 %	100 %	100 %