AS BRDR MICHAELSEN AVD I NORGE

0254 OSLO

Finances

Return on Equity

7,53 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 255 000	8 273 000	12 722 000	21 064 000
Net Income	417 000	785 000	−1 541 000	1 237 000
Total Assets	11 400 000	9 278 000	8 809 000	9 769 000
Total Equity	5 540 000	5 303 000	4 769 000	6 311 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 255 000	8 273 000	12 722 000	21 064 000
Expenditure	9 278 000	7 846 000	13 863 000	19 488 000
Operating Profit	−1 023 000	427 000	−1 141 000	1 576 000
Financial Income	2 547 000	1 138 000	723 000	497 000
Financial Costs	962 000	640 000	727 000	486 000
Financial Balance	1 585 000	498 000	−4 000	11 000
Earnings Before Tax	562 000	925 000	−1 146 000	1 587 000
Tax	145 000	141 000	395 000	350 000
Net Income	417 000	785 000	−1 541 000	1 237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 809 000	200 000	392 000	3 496 000
Total Current Assets	6 590 000	9 078 000	8 417 000	6 273 000
Total Assets	11 400 000	9 278 000	8 809 000	9 769 000
Total Retained Equity	5 440 000	5 203 000	4 669 000	6 211 000
Total Equity	5 540 000	5 303 000	4 769 000	6 311 000
Total Long-Term Debt	205 000	38 000	179 000	200 000
Total Current Debt	5 655 000	3 937 000	3 861 000	3 258 000
Total Equity and Debt	11 400 000	9 278 000	8 809 000	9 769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 255 000	7 676 000	12 722 000	21 064 000
Other Income	0	597 000	0	0
Revenue	8 255 000	8 273 000	12 722 000	21 064 000
Cost of Goods Sold	6 166 000	4 885 000	9 254 000	17 350 000
Salary Costs	2 409 000	2 227 000	1 913 000	1 203 000
Depreciation	116 000	39 000	86 000	80 000
Impairment	0	0	0	0
Expenditure	9 278 000	7 846 000	13 863 000	19 488 000
Operating Profit	−1 023 000	427 000	−1 141 000	1 576 000
Financial Income	2 547 000	1 138 000	723 000	497 000
Financial Costs	962 000	640 000	727 000	486 000
Financial Balance	1 585 000	498 000	−4 000	11 000
Dividends	0	0	0	0
Net Income	417 000	785 000	−1 541 000	1 237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	270 000
Real Eastate	1 354 000	101 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 000	99 000	392 000	409 000
Total Tangible Assets	1 429 000	200 000	392 000	409 000
Total Fiancial Fixed Assets	3 380 000	0	0	2 817 000
Total Fixed Assets	4 809 000	200 000	392 000	3 496 000
Stock	0	0	0	0
Total Investments	733 000	1 277 000	950 000	913 000
Cash, Bank	3 732 000	3 079 000	4 064 000	1 199 000
Total Current Assets	6 590 000	9 078 000	8 417 000	6 273 000
Total Assets	11 400 000	9 278 000	8 809 000	9 769 000
Total Equity	5 540 000	5 303 000	4 769 000	6 311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	205 000	38 000	179 000	200 000
Creditors	1 412 000	242 000	367 000	1 063 000
Unpaid Taxes	296 000	320 000	358 000	506 000
Dividends	0	0	0	0
Other Current Debt	3 826 000	3 301 000	2 939 000	972 000
Total Current Debt	5 655 000	3 937 000	3 861 000	3 258 000
Total Equity and Debt	11 400 000	9 278 000	8 809 000	9 769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,53 %	14,8 %	−32,31 %	19,6 %
Debt-to-Equity Ratio	0,04	0,01	0,04	0,03
Operating Profit Margin	−12,39 %	5,16 %	−8,97 %	7,48 %
Current Ratio	1,17	2,31	2,18	1,93
Quick Ratio	1,17	2,31	2,18	1,93
Equity Ratio	0,49	0,57	0,54	0,65
Gross Profit Margin	25,31 %	40,95 %	27,26 %	17,63 %