1ST BRANDS AS

5518 HAUGESUND

Finances

Share Ownership

Return on Equity

8,12 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 291 000	7 799 000	6 804 000	8 351 000
Net Income	−60 000	78 000	−209 000	272 000
Total Assets	1 717 000	1 599 000	1 660 000	1 264 000
Total Equity	−739 000	−679 000	−757 000	−549 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 291 000	7 799 000	6 804 000	8 351 000
Expenditure	7 312 000	7 660 000	7 021 000	7 992 000
Operating Profit	−20 000	138 000	−217 000	360 000
Financial Income	0	0	0	0
Financial Costs	56 000	38 000	47 000	12 000
Financial Balance	−56 000	−38 000	−47 000	−12 000
Earnings Before Tax	−77 000	100 000	−265 000	349 000
Tax	−17 000	22 000	−56 000	77 000
Net Income	−60 000	78 000	−209 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	575 000	649 000	764 000	177 000
Total Current Assets	1 142 000	950 000	896 000	1 087 000
Total Assets	1 717 000	1 599 000	1 660 000	1 264 000
Total Retained Equity	−769 000	−709 000	−787 000	−579 000
Total Equity	−739 000	−679 000	−757 000	−549 000
Total Long-Term Debt	399 000	490 000	567 000	0
Total Current Debt	2 057 000	1 788 000	1 850 000	1 813 000
Total Equity and Debt	1 717 000	1 599 000	1 660 000	1 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 291 000	7 799 000	6 736 000	8 404 000
Other Income	0	0	68 000	−52 000
Revenue	7 291 000	7 799 000	6 804 000	8 351 000
Cost of Goods Sold	2 177 000	183 000	112 000	102 000
Salary Costs	3 868 000	4 372 000	3 793 000	4 417 000
Depreciation	85 000	85 000	71 000	0
Impairment	0	0	0	0
Expenditure	7 312 000	7 660 000	7 021 000	7 992 000
Operating Profit	−20 000	138 000	−217 000	360 000
Financial Income	0	0	0	0
Financial Costs	56 000	38 000	47 000	12 000
Financial Balance	−56 000	−38 000	−47 000	−12 000
Dividends	0	0	0	0
Net Income	−60 000	78 000	−209 000	272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	191 000	175 000	197 000	141 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	384 000	469 000	553 000	0
Total Tangible Assets	384 000	469 000	553 000	0
Total Fiancial Fixed Assets	0	6 000	14 000	36 000
Total Fixed Assets	575 000	649 000	764 000	177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	171 000	206 000	172 000
Total Current Assets	1 142 000	950 000	896 000	1 087 000
Total Assets	1 717 000	1 599 000	1 660 000	1 264 000
Total Equity	−739 000	−679 000	−757 000	−549 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	399 000	490 000	567 000	0
Creditors	305 000	132 000	287 000	109 000
Unpaid Taxes	348 000	274 000	399 000	329 000
Dividends	0	0	0	0
Other Current Debt	813 000	852 000	760 000	1 128 000
Total Current Debt	2 057 000	1 788 000	1 850 000	1 813 000
Total Equity and Debt	1 717 000	1 599 000	1 660 000	1 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,12 %	−11,49 %	27,61 %	−49,54 %
Debt-to-Equity Ratio	−0,54	−0,72	−0,75	−0
Operating Profit Margin	−0,27 %	1,77 %	−3,19 %	4,31 %
Current Ratio	0,56	0,53	0,48	0,6
Quick Ratio	0,56	0,53	0,48	0,6
Equity Ratio	−0,43	−0,42	−0,46	−0,43
Gross Profit Margin	70,14 %	97,65 %	98,35 %	98,78 %