BRAGES BILFORRETNING AS

6260 SKODJE

Finances

Return on Equity

40,61 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	321 993 000	319 554 000	234 835 000	255 723 000
Net Income	5 214 000	5 937 000	1 686 000	2 460 000
Total Assets	80 936 000	52 404 000	47 029 000	55 720 000
Total Equity	12 839 000	12 525 000	13 588 000	20 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	321 993 000	319 554 000	234 835 000	255 723 000
Expenditure	315 017 000	311 493 000	232 947 000	252 315 000
Operating Profit	6 976 000	8 060 000	1 888 000	3 408 000
Financial Income	160 000	108 000	584 000	544 000
Financial Costs	448 000	531 000	310 000	553 000
Financial Balance	−288 000	−423 000	274 000	−9 000
Earnings Before Tax	6 687 000	7 638 000	2 161 000	3 399 000
Tax	1 473 000	1 701 000	476 000	939 000
Net Income	5 214 000	5 937 000	1 686 000	2 460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 215 000	6 198 000	6 181 000	6 128 000
Total Current Assets	75 721 000	46 206 000	40 848 000	49 592 000
Total Assets	80 936 000	52 404 000	47 029 000	55 720 000
Total Retained Equity	12 780 000	12 466 000	13 529 000	20 345 000
Total Equity	12 839 000	12 525 000	13 588 000	20 404 000
Total Long-Term Debt	549 000	1 731 000	563 000	0
Total Current Debt	67 548 000	38 147 000	32 878 000	35 316 000
Total Equity and Debt	80 936 000	52 404 000	47 029 000	55 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	321 597 000	318 871 000	234 204 000	254 899 000
Other Income	396 000	683 000	631 000	824 000
Revenue	321 993 000	319 554 000	234 835 000	255 723 000
Cost of Goods Sold	270 231 000	270 422 000	194 562 000	209 119 000
Salary Costs	24 893 000	22 739 000	21 054 000	24 187 000
Depreciation	1 071 000	1 161 000	1 097 000	1 121 000
Impairment	0	0	0	0
Expenditure	315 017 000	311 493 000	232 947 000	252 315 000
Operating Profit	6 976 000	8 060 000	1 888 000	3 408 000
Financial Income	160 000	108 000	584 000	544 000
Financial Costs	448 000	531 000	310 000	553 000
Financial Balance	−288 000	−423 000	274 000	−9 000
Dividends	0	7 000 000	6 500 000	0
Net Income	5 214 000	5 937 000	1 686 000	2 460 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 815 000	2 466 000	1 915 000	1 785 000
Real Eastate	614 000	771 000	958 000	1 170 000
Machinery and Plant Facilities	469 000	1 306 000	872 000	0
Fixtures	1 102 000	1 445 000	2 154 000	2 891 000
Total Tangible Assets	2 185 000	3 522 000	3 984 000	4 061 000
Total Fiancial Fixed Assets	215 000	210 000	282 000	282 000
Total Fixed Assets	5 215 000	6 198 000	6 181 000	6 128 000
Stock	41 036 000	16 520 000	17 009 000	22 625 000
Total Investments	0	0	0	0
Cash, Bank	866 000	7 888 000	9 488 000	20 156 000
Total Current Assets	75 721 000	46 206 000	40 848 000	49 592 000
Total Assets	80 936 000	52 404 000	47 029 000	55 720 000
Total Equity	12 839 000	12 525 000	13 588 000	20 404 000
Short-Term Group Debt	23 501 000	2 566 000	2 566 000	7 636 000
Total Long-Term Debt	549 000	1 731 000	563 000	0
Creditors	4 930 000	2 887 000	4 272 000	2 303 000
Unpaid Taxes	3 531 000	2 665 000	1 815 000	1 380 000
Dividends	0	7 000 000	6 500 000	0
Other Current Debt	20 424 000	17 713 000	14 236 000	12 931 000
Total Current Debt	67 548 000	38 147 000	32 878 000	35 316 000
Total Equity and Debt	80 936 000	52 404 000	47 029 000	55 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,61 %	47,4 %	12,41 %	12,06 %
Debt-to-Equity Ratio	0,04	0,14	0,04	0
Operating Profit Margin	2,17 %	2,52 %	0,8 %	1,33 %
Current Ratio	1,12	1,21	1,24	1,4
Quick Ratio	2,86	2,14	2,57	3,91
Equity Ratio	0,16	0,24	0,29	0,37
Gross Profit Margin	16,08 %	15,38 %	17,15 %	18,22 %