BRÆKKENS ELEKTRO AS

8373 BALLSTAD

Finances

Share Ownership

Return on Equity

9,76 %

Current Ratio

2,68

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 422 000	10 381 000	14 106 000	11 340 000
Net Income	457 000	−34 000	1 028 000	796 000
Total Assets	9 869 000	9 169 000	9 686 000	9 641 000
Total Equity	4 684 000	4 227 000	4 262 000	3 733 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 422 000	10 381 000	14 106 000	11 340 000
Expenditure	14 570 000	10 200 000	12 539 000	10 051 000
Operating Profit	851 000	180 000	1 567 000	1 289 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	268 000	204 000	182 000	268 000
Financial Balance	−267 000	−204 000	−181 000	−267 000
Earnings Before Tax	583 000	−24 000	1 386 000	1 021 000
Tax	127 000	11 000	358 000	225 000
Net Income	457 000	−34 000	1 028 000	796 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 122 000	3 077 000	3 120 000	2 654 000
Total Current Assets	6 747 000	6 091 000	6 566 000	6 987 000
Total Assets	9 869 000	9 169 000	9 686 000	9 641 000
Total Retained Equity	3 284 000	2 827 000	2 862 000	2 333 000
Total Equity	4 684 000	4 227 000	4 262 000	3 733 000
Total Long-Term Debt	2 670 000	2 885 000	3 100 000	3 261 000
Total Current Debt	2 516 000	2 057 000	2 325 000	2 647 000
Total Equity and Debt	9 869 000	9 169 000	9 686 000	9 641 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 342 000	10 370 000	14 028 000	11 339 000
Other Income	80 000	11 000	78 000	1 000
Revenue	15 422 000	10 381 000	14 106 000	11 340 000
Cost of Goods Sold	9 956 000	7 019 000	9 505 000	7 223 000
Salary Costs	3 351 000	2 075 000	1 931 000	1 833 000
Depreciation	262 000	209 000	195 000	233 000
Impairment	0	0	0	0
Expenditure	14 570 000	10 200 000	12 539 000	10 051 000
Operating Profit	851 000	180 000	1 567 000	1 289 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	268 000	204 000	182 000	268 000
Financial Balance	−267 000	−204 000	−181 000	−267 000
Dividends	0	0	500 000	0
Net Income	457 000	−34 000	1 028 000	796 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 683 000	2 781 000	2 879 000	2 369 000
Machinery and Plant Facilities	81 000	63 000	108 000	113 000
Fixtures	358 000	233 000	133 000	172 000
Total Tangible Assets	3 122 000	3 077 000	3 120 000	2 654 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 122 000	3 077 000	3 120 000	2 654 000
Stock	4 828 000	4 974 000	4 649 000	5 796 000
Total Investments	0	0	0	0
Cash, Bank	587 000	508 000	450 000	134 000
Total Current Assets	6 747 000	6 091 000	6 566 000	6 987 000
Total Assets	9 869 000	9 169 000	9 686 000	9 641 000
Total Equity	4 684 000	4 227 000	4 262 000	3 733 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 670 000	2 885 000	3 100 000	3 261 000
Creditors	741 000	199 000	561 000	1 417 000
Unpaid Taxes	915 000	160 000	214 000	112 000
Dividends	0	0	500 000	0
Other Current Debt	714 000	407 000	291 000	212 000
Total Current Debt	2 516 000	2 057 000	2 325 000	2 647 000
Total Equity and Debt	9 869 000	9 169 000	9 686 000	9 641 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,76 %	−0,8 %	24,12 %	21,32 %
Debt-to-Equity Ratio	0,57	0,68	0,73	0,87
Operating Profit Margin	5,52 %	1,73 %	11,11 %	11,37 %
Current Ratio	2,68	2,96	2,82	2,64
Quick Ratio	−2,92	−2,09	−2,83	−2,22
Equity Ratio	0,47	0,46	0,44	0,39
Gross Profit Margin	35,44 %	32,39 %	32,62 %	36,31 %