BRACO AS

3420 LIERSKOGEN

Finances

Share Ownership

Return on Equity

28,92 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	81 162 000	79 029 000	46 607 000	55 339 000
Net Income	5 122 000	3 742 000	215 000	−862 000
Total Assets	43 940 000	51 330 000	52 298 000	33 753 000
Total Equity	17 711 000	15 588 000	11 846 000	11 631 000

Income (NOK)	2022	2021	2020	2019
Revenue	81 162 000	79 029 000	46 607 000	55 339 000
Expenditure	74 190 000	74 284 000	46 281 000	55 808 000
Operating Profit	6 972 000	4 744 000	326 000	−468 000
Financial Income	252 000	391 000	308 000	127 000
Financial Costs	643 000	333 000	355 000	762 000
Financial Balance	−391 000	58 000	−47 000	−635 000
Earnings Before Tax	6 580 000	4 802 000	278 000	−1 104 000
Tax	1 458 000	1 060 000	63 000	−241 000
Net Income	5 122 000	3 742 000	215 000	−862 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	268 000	315 000	362 000	295 000
Total Current Assets	43 672 000	51 015 000	51 936 000	33 458 000
Total Assets	43 940 000	51 330 000	52 298 000	33 753 000
Total Retained Equity	11 821 000	9 699 000	5 956 000	5 742 000
Total Equity	17 711 000	15 588 000	11 846 000	11 631 000
Total Long-Term Debt	60 000	29 000	66 000	74 000
Total Current Debt	26 169 000	35 713 000	40 385 000	22 048 000
Total Equity and Debt	43 940 000	51 330 000	52 298 000	33 753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 062 000	78 985 000	46 251 000	55 339 000
Other Income	100 000	43 000	355 000	0
Revenue	81 162 000	79 029 000	46 607 000	55 339 000
Cost of Goods Sold	63 581 000	64 475 000	36 635 000	44 743 000
Salary Costs	7 090 000	6 666 000	6 239 000	7 331 000
Depreciation	47 000	47 000	74 000	87 000
Impairment	0	0	0	0
Expenditure	74 190 000	74 284 000	46 281 000	55 808 000
Operating Profit	6 972 000	4 744 000	326 000	−468 000
Financial Income	252 000	391 000	308 000	127 000
Financial Costs	643 000	333 000	355 000	762 000
Financial Balance	−391 000	58 000	−47 000	−635 000
Dividends	3 000 000	0	0	0
Net Income	5 122 000	3 742 000	215 000	−862 000

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	162 000	190 000	219 000	277 000
Fixtures	106 000	124 000	143 000	17 000
Total Tangible Assets	268 000	315 000	362 000	295 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	268 000	315 000	362 000	295 000
Stock	20 844 000	25 425 000	32 179 000	15 537 000
Total Investments	0	0	0	0
Cash, Bank	3 147 000	15 181 000	2 936 000	3 170 000
Total Current Assets	43 672 000	51 015 000	51 936 000	33 458 000
Total Assets	43 940 000	51 330 000	52 298 000	33 753 000
Total Equity	17 711 000	15 588 000	11 846 000	11 631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	29 000	66 000	74 000
Creditors	8 182 000	15 734 000	22 293 000	8 857 000
Unpaid Taxes	4 491 000	4 357 000	3 149 000	3 086 000
Dividends	3 000 000	0	0	0
Other Current Debt	9 069 000	14 525 000	14 872 000	10 105 000
Total Current Debt	26 169 000	35 713 000	40 385 000	22 048 000
Total Equity and Debt	43 940 000	51 330 000	52 298 000	33 753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,92 %	24,01 %	1,81 %	−7,41 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	8,59 %	6 %	0,7 %	−0,85 %
Current Ratio	1,67	1,43	1,29	1,52
Quick Ratio	8,2	4,96	6,33	5,14
Equity Ratio	0,4	0,3	0,23	0,34
Gross Profit Margin	21,66 %	18,42 %	21,4 %	19,15 %