BRAGES BILSKADESENTER AS

6014 ÅLESUND

Finances

Share Ownership

Return on Equity

88,02 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 388 000	32 364 000	27 495 000	27 306 000
Net Income	2 352 000	1 906 000	2 123 000	1 371 000
Total Assets	10 540 000	10 700 000	10 151 000	8 115 000
Total Equity	2 672 000	2 320 000	2 414 000	3 291 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 388 000	32 364 000	27 495 000	27 306 000
Expenditure	33 377 000	29 892 000	24 819 000	25 570 000
Operating Profit	3 010 000	2 473 000	2 676 000	1 736 000
Financial Income	32 000	31 000	49 000	31 000
Financial Costs	27 000	10 000	3 000	44 000
Financial Balance	5 000	21 000	46 000	−13 000
Earnings Before Tax	3 015 000	2 493 000	2 722 000	1 723 000
Tax	663 000	587 000	599 000	352 000
Net Income	2 352 000	1 906 000	2 123 000	1 371 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 627 000	1 690 000	375 000	437 000
Total Current Assets	8 913 000	9 010 000	9 775 000	7 678 000
Total Assets	10 540 000	10 700 000	10 151 000	8 115 000
Total Retained Equity	2 372 000	2 020 000	2 114 000	2 991 000
Total Equity	2 672 000	2 320 000	2 414 000	3 291 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 867 000	8 379 000	7 737 000	4 824 000
Total Equity and Debt	10 540 000	10 700 000	10 151 000	8 115 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 362 000	32 507 000	27 228 000	27 214 000
Other Income	26 000	−143 000	267 000	93 000
Revenue	36 388 000	32 364 000	27 495 000	27 306 000
Cost of Goods Sold	14 656 000	12 357 000	9 069 000	8 642 000
Salary Costs	11 306 000	10 172 000	8 728 000	9 115 000
Depreciation	342 000	160 000	106 000	170 000
Impairment	0	0	0	0
Expenditure	33 377 000	29 892 000	24 819 000	25 570 000
Operating Profit	3 010 000	2 473 000	2 676 000	1 736 000
Financial Income	32 000	31 000	49 000	31 000
Financial Costs	27 000	10 000	3 000	44 000
Financial Balance	5 000	21 000	46 000	−13 000
Dividends	2 000 000	2 000 000	3 000 000	1 000 000
Net Income	2 352 000	1 906 000	2 123 000	1 371 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	35 000	55 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 587 000	1 655 000	321 000	426 000
Total Tangible Assets	1 587 000	1 655 000	321 000	426 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 627 000	1 690 000	375 000	437 000
Stock	771 000	654 000	665 000	563 000
Total Investments	0	0	0	0
Cash, Bank	405 000	2 454 000	3 780 000	4 828 000
Total Current Assets	8 913 000	9 010 000	9 775 000	7 678 000
Total Assets	10 540 000	10 700 000	10 151 000	8 115 000
Total Equity	2 672 000	2 320 000	2 414 000	3 291 000
Short-Term Group Debt	0	0	0	15 000
Total Long-Term Debt	0	0	0	0
Creditors	1 712 000	2 967 000	1 600 000	1 359 000
Unpaid Taxes	1 593 000	1 174 000	1 092 000	1 050 000
Dividends	2 000 000	2 000 000	3 000 000	1 000 000
Other Current Debt	1 894 000	1 671 000	1 401 000	1 037 000
Total Current Debt	7 867 000	8 379 000	7 737 000	4 824 000
Total Equity and Debt	10 540 000	10 700 000	10 151 000	8 115 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,02 %	82,16 %	87,95 %	41,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,27 %	7,64 %	9,73 %	6,36 %
Current Ratio	1,13	1,08	1,26	1,59
Quick Ratio	1,26	1,17	1,38	1,8
Equity Ratio	0,25	0,22	0,24	0,41
Gross Profit Margin	59,72 %	61,82 %	67,02 %	68,35 %