BRAFAS AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

31,4 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	131 391 000	109 096 000	99 126 000	108 377 000
Net Income	5 121 000	2 197 000	−1 400 000	1 234 000
Total Assets	48 217 000	37 362 000	34 504 000	28 529 000
Total Equity	16 311 000	15 190 000	12 992 000	14 393 000

Income (NOK)	2022	2021	2020	2019
Revenue	131 391 000	109 096 000	99 126 000	108 377 000
Expenditure	125 375 000	106 009 000	100 269 000	106 719 000
Operating Profit	6 015 000	3 087 000	−1 142 000	1 657 000
Financial Income	583 000	14 000	10 000	32 000
Financial Costs	178 000	277 000	308 000	96 000
Financial Balance	405 000	−263 000	−298 000	−64 000
Earnings Before Tax	6 421 000	2 823 000	−1 441 000	1 593 000
Tax	1 299 000	626 000	−40 000	359 000
Net Income	5 121 000	2 197 000	−1 400 000	1 234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 268 000	2 682 000	2 130 000	2 277 000
Total Current Assets	45 948 000	34 680 000	32 374 000	26 252 000
Total Assets	48 217 000	37 362 000	34 504 000	28 529 000
Total Retained Equity	14 511 000	13 390 000	11 192 000	12 593 000
Total Equity	16 311 000	15 190 000	12 992 000	14 393 000
Total Long-Term Debt	2 748 000	1 856 000	240 000	636 000
Total Current Debt	29 157 000	20 316 000	21 271 000	13 500 000
Total Equity and Debt	48 217 000	37 362 000	34 504 000	28 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	131 391 000	109 081 000	99 126 000	108 377 000
Other Income	0	15 000	0	0
Revenue	131 391 000	109 096 000	99 126 000	108 377 000
Cost of Goods Sold	59 897 000	43 555 000	43 833 000	54 357 000
Salary Costs	56 195 000	53 651 000	49 400 000	46 097 000
Depreciation	626 000	490 000	322 000	471 000
Impairment	0	0	0	0
Expenditure	125 375 000	106 009 000	100 269 000	106 719 000
Operating Profit	6 015 000	3 087 000	−1 142 000	1 657 000
Financial Income	583 000	14 000	10 000	32 000
Financial Costs	178 000	277 000	308 000	96 000
Financial Balance	405 000	−263 000	−298 000	−64 000
Dividends	4 000 000	0	0	0
Net Income	5 121 000	2 197 000	−1 400 000	1 234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	51 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	175 000	429 000	683 000	937 000
Fixtures	1 343 000	953 000	95 000	123 000
Total Tangible Assets	1 517 000	1 381 000	778 000	1 059 000
Total Fiancial Fixed Assets	751 000	1 301 000	1 301 000	1 217 000
Total Fixed Assets	2 268 000	2 682 000	2 130 000	2 277 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 150 000	14 776 000	9 558 000	7 236 000
Total Current Assets	45 948 000	34 680 000	32 374 000	26 252 000
Total Assets	48 217 000	37 362 000	34 504 000	28 529 000
Total Equity	16 311 000	15 190 000	12 992 000	14 393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 748 000	1 856 000	240 000	636 000
Creditors	12 113 000	8 511 000	10 953 000	4 656 000
Unpaid Taxes	7 712 000	6 772 000	6 080 000	4 687 000
Dividends	4 000 000	0	0	0
Other Current Debt	5 025 000	5 033 000	4 238 000	4 157 000
Total Current Debt	29 157 000	20 316 000	21 271 000	13 500 000
Total Equity and Debt	48 217 000	37 362 000	34 504 000	28 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,4 %	14,46 %	−10,78 %	8,57 %
Debt-to-Equity Ratio	0,17	0,12	0,02	0,04
Operating Profit Margin	4,58 %	2,83 %	−1,15 %	1,53 %
Current Ratio	1,58	1,71	1,52	1,94
Quick Ratio	1,58	1,71	1,52	1,94
Equity Ratio	0,34	0,41	0,38	0,5
Gross Profit Margin	54,41 %	60,08 %	55,78 %	49,84 %