BREMNES AS

8300 SVOLVÆR

Finances

Return on Equity

16,14 %

Current Ratio

4,13

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 530 000	5 779 000	5 086 000	5 468 000
Net Income	376 000	394 000	237 000	150 000
Total Assets	3 083 000	3 062 000	2 752 000	2 362 000
Total Equity	2 329 000	2 208 000	1 914 000	1 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 530 000	5 779 000	5 086 000	5 468 000
Expenditure	6 004 000	5 236 000	4 735 000	5 247 000
Operating Profit	527 000	543 000	351 000	221 000
Financial Income	0	0	0	1 000
Financial Costs	30 000	32 000	45 000	28 000
Financial Balance	−30 000	−32 000	−45 000	−27 000
Earnings Before Tax	497 000	511 000	306 000	194 000
Tax	121 000	116 000	69 000	44 000
Net Income	376 000	394 000	237 000	150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	198 000	240 000	220 000	101 000
Total Current Assets	2 885 000	2 822 000	2 532 000	2 260 000
Total Assets	3 083 000	3 062 000	2 752 000	2 362 000
Total Retained Equity	2 104 000	1 728 000	1 434 000	1 196 000
Total Equity	2 329 000	2 208 000	1 914 000	1 676 000
Total Long-Term Debt	56 000	189 000	300 000	0
Total Current Debt	699 000	665 000	539 000	685 000
Total Equity and Debt	3 083 000	3 062 000	2 752 000	2 362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 530 000	5 779 000	5 032 000	5 468 000
Other Income	0	0	54 000	0
Revenue	6 530 000	5 779 000	5 086 000	5 468 000
Cost of Goods Sold	3 239 000	2 771 000	2 538 000	2 837 000
Salary Costs	1 465 000	1 344 000	1 037 000	1 211 000
Depreciation	63 000	53 000	44 000	27 000
Impairment	0	0	0	0
Expenditure	6 004 000	5 236 000	4 735 000	5 247 000
Operating Profit	527 000	543 000	351 000	221 000
Financial Income	0	0	0	1 000
Financial Costs	30 000	32 000	45 000	28 000
Financial Balance	−30 000	−32 000	−45 000	−27 000
Dividends	0	100 000	0	0
Net Income	376 000	394 000	237 000	150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	99 000	162 000	142 000	77 000
Total Tangible Assets	99 000	162 000	142 000	77 000
Total Fiancial Fixed Assets	99 000	79 000	79 000	25 000
Total Fixed Assets	198 000	240 000	220 000	101 000
Stock	2 229 000	2 048 000	1 859 000	1 887 000
Total Investments	0	0	0	0
Cash, Bank	645 000	742 000	665 000	360 000
Total Current Assets	2 885 000	2 822 000	2 532 000	2 260 000
Total Assets	3 083 000	3 062 000	2 752 000	2 362 000
Total Equity	2 329 000	2 208 000	1 914 000	1 676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 000	189 000	300 000	0
Creditors	55 000	55 000	80 000	183 000
Unpaid Taxes	276 000	273 000	200 000	281 000
Dividends	0	100 000	0	0
Other Current Debt	247 000	220 000	190 000	176 000
Total Current Debt	699 000	665 000	539 000	685 000
Total Equity and Debt	3 083 000	3 062 000	2 752 000	2 362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,14 %	17,84 %	12,38 %	8,95 %
Debt-to-Equity Ratio	0,02	0,09	0,16	0
Operating Profit Margin	8,07 %	9,4 %	6,9 %	4,04 %
Current Ratio	4,13	4,24	4,7	3,3
Quick Ratio	−1,89	−2,04	−1,92	−1,88
Equity Ratio	0,76	0,72	0,7	0,71
Gross Profit Margin	50,4 %	52,05 %	50,1 %	48,12 %