BRAVE AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

83,2 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 140 000	8 142 000	4 903 000	24 472 000
Net Income	2 446 000	−227 000	−213 000	745 000
Total Assets	7 979 000	7 632 000	4 895 000	7 780 000
Total Equity	2 940 000	346 000	156 000	369 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 140 000	8 142 000	4 903 000	24 472 000
Expenditure	33 797 000	8 405 000	5 015 000	23 363 000
Operating Profit	3 343 000	−263 000	−111 000	1 110 000
Financial Income	18 000	3 000	3 000	35 000
Financial Costs	207 000	81 000	105 000	169 000
Financial Balance	−189 000	−78 000	−102 000	−134 000
Earnings Before Tax	3 154 000	−341 000	−213 000	977 000
Tax	708 000	−114 000	0	232 000
Net Income	2 446 000	−227 000	−213 000	745 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	213 000	150 000	581 000	90 000
Total Current Assets	7 766 000	7 482 000	4 314 000	7 690 000
Total Assets	7 979 000	7 632 000	4 895 000	7 780 000
Total Retained Equity	2 440 000	−154 000	−344 000	−131 000
Total Equity	2 940 000	346 000	156 000	369 000
Total Long-Term Debt	1 497 000	1 721 000	1 832 000	1 946 000
Total Current Debt	3 542 000	5 565 000	2 907 000	5 465 000
Total Equity and Debt	7 979 000	7 632 000	4 895 000	7 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 044 000	7 275 000	4 903 000	24 472 000
Other Income	96 000	868 000	0	0
Revenue	37 140 000	8 142 000	4 903 000	24 472 000
Cost of Goods Sold	27 001 000	4 972 000	1 522 000	17 536 000
Salary Costs	4 474 000	1 839 000	2 100 000	3 832 000
Depreciation	31 000	12 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	33 797 000	8 405 000	5 015 000	23 363 000
Operating Profit	3 343 000	−263 000	−111 000	1 110 000
Financial Income	18 000	3 000	3 000	35 000
Financial Costs	207 000	81 000	105 000	169 000
Financial Balance	−189 000	−78 000	−102 000	−134 000
Dividends	0	0	0	0
Net Income	2 446 000	−227 000	−213 000	745 000

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	213 000	90 000	7 000	20 000
Total Tangible Assets	213 000	90 000	7 000	20 000
Total Fiancial Fixed Assets	0	60 000	573 000	70 000
Total Fixed Assets	213 000	150 000	581 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 336 000	4 687 000	3 020 000	3 654 000
Total Current Assets	7 766 000	7 482 000	4 314 000	7 690 000
Total Assets	7 979 000	7 632 000	4 895 000	7 780 000
Total Equity	2 940 000	346 000	156 000	369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 497 000	1 721 000	1 832 000	1 946 000
Creditors	295 000	857 000	30 000	193 000
Unpaid Taxes	491 000	455 000	145 000	231 000
Dividends	0	0	0	0
Other Current Debt	2 052 000	4 253 000	2 732 000	5 040 000
Total Current Debt	3 542 000	5 565 000	2 907 000	5 465 000
Total Equity and Debt	7 979 000	7 632 000	4 895 000	7 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,2 %	−65,61 %	−136,54 %	201,9 %
Debt-to-Equity Ratio	0,51	4,97	11,74	5,27
Operating Profit Margin	9 %	−3,23 %	−2,26 %	4,54 %
Current Ratio	2,19	1,34	1,48	1,41
Quick Ratio	2,19	1,34	1,48	1,41
Equity Ratio	0,37	0,05	0,03	0,05
Gross Profit Margin	27,3 %	38,93 %	68,96 %	28,34 %