BRAGE HOLDING AS

6877 FORTUN

Finances

Return on Equity

−18,7 %

Current Ratio

4,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 000	158 000	6 000	16 000
Net Income	−595 000	−329 000	−2 197 000	−472 000
Total Assets	3 314 000	3 852 000	4 172 000	6 562 000
Total Equity	3 182 000	3 777 000	4 106 000	6 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 000	158 000	6 000	16 000
Expenditure	1 203 000	986 000	852 000	1 018 000
Operating Profit	−1 096 000	−828 000	−846 000	−1 003 000
Financial Income	501 000	500 000	8 000	534 000
Financial Costs	0	1 000	1 358 000	1 000
Financial Balance	501 000	499 000	−1 350 000	533 000
Earnings Before Tax	−595 000	−329 000	−2 197 000	−470 000
Tax	0	0	0	2 000
Net Income	−595 000	−329 000	−2 197 000	−472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 778 000	3 000 000	2 379 000	3 804 000
Total Current Assets	536 000	853 000	1 793 000	2 758 000
Total Assets	3 314 000	3 852 000	4 172 000	6 562 000
Total Retained Equity	3 082 000	3 677 000	4 005 000	6 202 000
Total Equity	3 182 000	3 777 000	4 106 000	6 302 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	132 000	75 000	67 000	260 000
Total Equity and Debt	3 314 000	3 852 000	4 172 000	6 562 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	100 000	6 000	16 000
Other Income	107 000	58 000	0	0
Revenue	107 000	158 000	6 000	16 000
Cost of Goods Sold	0	0	0	19 000
Salary Costs	0	0	5 000	35 000
Depreciation	222 000	217 000	199 000	18 000
Impairment	0	0	0	0
Expenditure	1 203 000	986 000	852 000	1 018 000
Operating Profit	−1 096 000	−828 000	−846 000	−1 003 000
Financial Income	501 000	500 000	8 000	534 000
Financial Costs	0	1 000	1 358 000	1 000
Financial Balance	501 000	499 000	−1 350 000	533 000
Dividends	0	0	0	0
Net Income	−595 000	−329 000	−2 197 000	−472 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 767 000	1 791 000	1 304 000	1 331 000
Machinery and Plant Facilities	29 000	0	0	0
Fixtures	374 000	599 000	736 000	776 000
Total Tangible Assets	2 169 000	2 391 000	2 040 000	2 107 000
Total Fiancial Fixed Assets	609 000	609 000	339 000	1 697 000
Total Fixed Assets	2 778 000	3 000 000	2 379 000	3 804 000
Stock	0	0	0	0
Total Investments	4 000	4 000	0	0
Cash, Bank	183 000	572 000	1 647 000	2 432 000
Total Current Assets	536 000	853 000	1 793 000	2 758 000
Total Assets	3 314 000	3 852 000	4 172 000	6 562 000
Total Equity	3 182 000	3 777 000	4 106 000	6 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	65 000	8 000	0	184 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	67 000	67 000	67 000	76 000
Total Current Debt	132 000	75 000	67 000	260 000
Total Equity and Debt	3 314 000	3 852 000	4 172 000	6 562 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,7 %	−8,71 %	−53,51 %	−7,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 024,3 %	−524,05 %	−14 100 %	−6 268,75 %
Current Ratio	4,06	11,37	26,76	10,61
Quick Ratio	4,06	11,37	26,76	10,61
Equity Ratio	0,96	0,98	0,98	0,96
Gross Profit Margin	100 %	100 %	100 %	−18,75 %