BRAVE FORVALTNING AS

4877 GRIMSTAD

Finances

Share Ownership

Return on Equity

53,85 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 915 000	3 725 000	3 328 000	3 793 000
Net Income	14 000	9 000	0	11 000
Total Assets	1 889 000	1 238 000	596 000	1 012 000
Total Equity	26 000	12 000	3 000	3 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 915 000	3 725 000	3 328 000	3 793 000
Expenditure	3 895 000	3 726 000	3 327 000	3 801 000
Operating Profit	19 000	−1 000	0	−7 000
Financial Income	0	1 000	0	1 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	1 000	0	1 000
Earnings Before Tax	18 000	0	0	−6 000
Tax	4 000	−9 000	0	−17 000
Net Income	14 000	9 000	0	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	68 000	90 000	99 000
Total Current Assets	1 838 000	1 170 000	505 000	913 000
Total Assets	1 889 000	1 238 000	596 000	1 012 000
Total Retained Equity	−4 000	−18 000	−27 000	−27 000
Total Equity	26 000	12 000	3 000	3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 862 000	1 226 000	592 000	1 009 000
Total Equity and Debt	1 889 000	1 238 000	596 000	1 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 180 000	3 626 000	3 238 000	3 697 000
Other Income	735 000	99 000	89 000	96 000
Revenue	3 915 000	3 725 000	3 328 000	3 793 000
Cost of Goods Sold	3 625 000	3 262 000	2 781 000	3 116 000
Salary Costs	0	0	0	0
Depreciation	18 000	44 000	22 000	13 000
Impairment	0	0	0	0
Expenditure	3 895 000	3 726 000	3 327 000	3 801 000
Operating Profit	19 000	−1 000	0	−7 000
Financial Income	0	1 000	0	1 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	1 000	0	1 000
Dividends	0	0	0	0
Net Income	14 000	9 000	0	11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	22 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	46 000	90 000	99 000
Total Tangible Assets	27 000	46 000	90 000	99 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	68 000	90 000	99 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	256 000	54 000	6 000
Total Current Assets	1 838 000	1 170 000	505 000	913 000
Total Assets	1 889 000	1 238 000	596 000	1 012 000
Total Equity	26 000	12 000	3 000	3 000
Short-Term Group Debt	1 250 000	658 000	273 000	679 000
Total Long-Term Debt	0	0	0	0
Creditors	557 000	119 000	258 000	305 000
Unpaid Taxes	0	29 000	9 000	0
Dividends	0	0	0	0
Other Current Debt	50 000	406 000	53 000	25 000
Total Current Debt	1 862 000	1 226 000	592 000	1 009 000
Total Equity and Debt	1 889 000	1 238 000	596 000	1 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,85 %	75 %	0 %	366,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,49 %	−0,03 %	0 %	−0,18 %
Current Ratio	0,99	0,95	0,85	0,9
Quick Ratio	0,99	0,95	0,85	0,9
Equity Ratio	0,01	0,01	0,01	0
Gross Profit Margin	7,41 %	12,43 %	16,44 %	17,85 %