BRAIVE AS

0152 OSLO

Finances

Share Ownership

Return on Equity

−259,61 %

Current Ratio

0,63

Debt-to-Equity Ratio

3,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 130 000	11 101 000	6 936 000	2 965 000
Net Income	−8 536 000	−9 058 000	−5 758 000	−446 000
Total Assets	21 203 000	21 784 000	16 224 000	10 041 000
Total Equity	3 288 000	−675 000	3 628 000	5 189 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 130 000	11 101 000	6 936 000	2 965 000
Expenditure	19 134 000	19 599 000	12 596 000	3 408 000
Operating Profit	−7 004 000	−8 498 000	−5 661 000	−444 000
Financial Income	233 000	25 000	34 000	8 000
Financial Costs	1 766 000	585 000	131 000	11 000
Financial Balance	−1 533 000	−560 000	−97 000	−3 000
Earnings Before Tax	−8 536 000	−9 058 000	−5 758 000	−446 000
Tax	0	0	0	0
Net Income	−8 536 000	−9 058 000	−5 758 000	−446 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 295 000	16 788 000	12 670 000	8 146 000
Total Current Assets	4 908 000	4 996 000	3 553 000	1 896 000
Total Assets	21 203 000	21 784 000	16 224 000	10 041 000
Total Retained Equity	−9 255 000	−15 225 000	−6 167 000	−409 000
Total Equity	3 288 000	−675 000	3 628 000	5 189 000
Total Long-Term Debt	10 100 000	10 705 000	8 368 000	2 660 000
Total Current Debt	7 814 000	11 754 000	4 228 000	2 192 000
Total Equity and Debt	21 203 000	21 784 000	16 224 000	10 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 017 000	7 457 000	3 317 000	1 677 000
Other Income	6 113 000	3 644 000	3 619 000	1 288 000
Revenue	12 130 000	11 101 000	6 936 000	2 965 000
Cost of Goods Sold	3 369 000	3 296 000	3 892 000	1 023 000
Salary Costs	7 980 000	10 508 000	5 132 000	1 558 000
Depreciation	4 636 000	2 996 000	2 291 000	0
Impairment	0	0	0	0
Expenditure	19 134 000	19 599 000	12 596 000	3 408 000
Operating Profit	−7 004 000	−8 498 000	−5 661 000	−444 000
Financial Income	233 000	25 000	34 000	8 000
Financial Costs	1 766 000	585 000	131 000	11 000
Financial Balance	−1 533 000	−560 000	−97 000	−3 000
Dividends	0	0	0	0
Net Income	−8 536 000	−9 058 000	−5 758 000	−446 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 257 000	5 751 000	6 424 000	6 117 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	11 037 000	11 037 000	6 246 000	2 028 000
Total Fixed Assets	16 295 000	16 788 000	12 670 000	8 146 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	293 000	708 000	78 000
Total Current Assets	4 908 000	4 996 000	3 553 000	1 896 000
Total Assets	21 203 000	21 784 000	16 224 000	10 041 000
Total Equity	3 288 000	−675 000	3 628 000	5 189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 100 000	10 705 000	8 368 000	2 660 000
Creditors	1 184 000	488 000	732 000	448 000
Unpaid Taxes	467 000	1 060 000	350 000	133 000
Dividends	0	0	0	0
Other Current Debt	4 447 000	5 045 000	1 346 000	1 610 000
Total Current Debt	7 814 000	11 754 000	4 228 000	2 192 000
Total Equity and Debt	21 203 000	21 784 000	16 224 000	10 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−259,61 %	1 341,93 %	−158,71 %	−8,6 %
Debt-to-Equity Ratio	3,07	−15,86	2,31	0,51
Operating Profit Margin	−57,74 %	−76,55 %	−81,62 %	−14,97 %
Current Ratio	0,63	0,43	0,84	0,86
Quick Ratio	0,63	0,43	0,84	0,86
Equity Ratio	0,16	−0,03	0,22	0,52
Gross Profit Margin	72,23 %	70,31 %	43,89 %	65,5 %