BRANDS OF NORWAY AS

8402 SORTLAND

Finances

Return on Equity

657,84 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 645 000	1 855 000	1 474 000	1 542 000
Net Income	671 000	872 000	362 000	544 000
Total Assets	1 231 000	1 544 000	1 001 000	771 000
Total Equity	102 000	102 000	100 000	284 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 645 000	1 855 000	1 474 000	1 542 000
Expenditure	1 781 000	722 000	998 000	837 000
Operating Profit	865 000	1 134 000	476 000	704 000
Financial Income	0	0	0	0
Financial Costs	0	6 000	5 000	8 000
Financial Balance	0	−6 000	−5 000	−8 000
Earnings Before Tax	864 000	1 128 000	471 000	696 000
Tax	194 000	256 000	109 000	152 000
Net Income	671 000	872 000	362 000	544 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	112 000	16 000	507 000
Total Current Assets	1 072 000	1 432 000	985 000	264 000
Total Assets	1 231 000	1 544 000	1 001 000	771 000
Total Retained Equity	2 000	2 000	0	184 000
Total Equity	102 000	102 000	100 000	284 000
Total Long-Term Debt	0	0	0	8 000
Total Current Debt	1 128 000	1 442 000	900 000	479 000
Total Equity and Debt	1 231 000	1 544 000	1 001 000	771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 645 000	1 855 000	1 474 000	1 542 000
Other Income	0	0	0	0
Revenue	2 645 000	1 855 000	1 474 000	1 542 000
Cost of Goods Sold	11 000	0	2 000	7 000
Salary Costs	1 044 000	356 000	537 000	354 000
Depreciation	0	0	51 000	113 000
Impairment	0	0	0	0
Expenditure	1 781 000	722 000	998 000	837 000
Operating Profit	865 000	1 134 000	476 000	704 000
Financial Income	0	0	0	0
Financial Costs	0	6 000	5 000	8 000
Financial Balance	0	−6 000	−5 000	−8 000
Dividends	670 000	870 000	546 000	195 000
Net Income	671 000	872 000	362 000	544 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	12 000	16 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	507 000
Total Tangible Assets	0	0	0	507 000
Total Fiancial Fixed Assets	150 000	100 000	0	0
Total Fixed Assets	159 000	112 000	16 000	507 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	81 000	139 000	169 000	47 000
Total Current Assets	1 072 000	1 432 000	985 000	264 000
Total Assets	1 231 000	1 544 000	1 001 000	771 000
Total Equity	102 000	102 000	100 000	284 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	8 000
Creditors	19 000	0	0	0
Unpaid Taxes	74 000	52 000	20 000	71 000
Dividends	670 000	870 000	546 000	195 000
Other Current Debt	92 000	268 000	98 000	69 000
Total Current Debt	1 128 000	1 442 000	900 000	479 000
Total Equity and Debt	1 231 000	1 544 000	1 001 000	771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	657,84 %	854,9 %	362 %	191,55 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	32,7 %	61,13 %	32,29 %	45,65 %
Current Ratio	0,95	0,99	1,09	0,55
Quick Ratio	0,95	0,99	1,09	0,55
Equity Ratio	0,08	0,07	0,1	0,37
Gross Profit Margin	99,58 %	100 %	99,86 %	99,55 %