BRAATHENS IT AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

24,07 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 633 000	21 595 000	22 459 000	22 573 000
Net Income	891 000	1 257 000	758 000	1 028 000
Total Assets	9 833 000	13 360 000	12 010 000	11 819 000
Total Equity	3 701 000	4 205 000	7 827 000	7 070 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 633 000	21 595 000	22 459 000	22 573 000
Expenditure	20 392 000	20 179 000	21 682 000	21 839 000
Operating Profit	1 242 000	1 415 000	776 000	734 000
Financial Income	225 000	151 000	359 000	203 000
Financial Costs	183 000	277 000	491 000	158 000
Financial Balance	42 000	−126 000	−132 000	45 000
Earnings Before Tax	1 284 000	1 290 000	644 000	779 000
Tax	393 000	33 000	−113 000	−249 000
Net Income	891 000	1 257 000	758 000	1 028 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 000	313 000	216 000	0
Total Current Assets	9 649 000	13 048 000	11 794 000	11 819 000
Total Assets	9 833 000	13 360 000	12 010 000	11 819 000
Total Retained Equity	0	52 000	−143 000	−900 000
Total Equity	3 701 000	4 205 000	7 827 000	7 070 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 133 000	9 156 000	4 183 000	4 749 000
Total Equity and Debt	9 833 000	13 360 000	12 010 000	11 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 623 000	21 595 000	22 454 000	22 569 000
Other Income	10 000	0	4 000	4 000
Revenue	21 633 000	21 595 000	22 459 000	22 573 000
Cost of Goods Sold	4 990 000	6 565 000	6 607 000	5 071 000
Salary Costs	12 077 000	10 150 000	11 298 000	13 474 000
Depreciation	167 000	132 000	20 000	7 000
Impairment	0	0	0	0
Expenditure	20 392 000	20 179 000	21 682 000	21 839 000
Operating Profit	1 242 000	1 415 000	776 000	734 000
Financial Income	225 000	151 000	359 000	203 000
Financial Costs	183 000	277 000	491 000	158 000
Financial Balance	42 000	−126 000	−132 000	45 000
Dividends	0	0	0	0
Net Income	891 000	1 257 000	758 000	1 028 000

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	184 000	313 000	216 000	0
Total Tangible Assets	184 000	313 000	216 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	184 000	313 000	216 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 779 000	7 954 000	4 706 000	7 908 000
Total Current Assets	9 649 000	13 048 000	11 794 000	11 819 000
Total Assets	9 833 000	13 360 000	12 010 000	11 819 000
Total Equity	3 701 000	4 205 000	7 827 000	7 070 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	786 000	820 000	802 000	579 000
Unpaid Taxes	1 117 000	1 163 000	888 000	1 262 000
Dividends	0	0	0	0
Other Current Debt	4 230 000	7 172 000	2 493 000	2 909 000
Total Current Debt	6 133 000	9 156 000	4 183 000	4 749 000
Total Equity and Debt	9 833 000	13 360 000	12 010 000	11 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,07 %	29,89 %	9,68 %	14,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,74 %	6,55 %	3,46 %	3,25 %
Current Ratio	1,57	1,43	2,82	2,49
Quick Ratio	1,57	1,43	2,82	2,49
Equity Ratio	0,38	0,31	0,65	0,6
Gross Profit Margin	76,93 %	69,6 %	70,58 %	77,54 %