BRØDRENE EK AS

9515 ALTA

Finances

Return on Equity

7,36 %

Current Ratio

3,27

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 051 000	23 452 000	22 888 000	19 459 000
Net Income	713 000	2 141 000	3 147 000	597 000
Total Assets	14 398 000	14 466 000	16 750 000	10 965 000
Total Equity	9 692 000	9 447 000	7 931 000	4 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 051 000	23 452 000	22 888 000	19 459 000
Expenditure	23 121 000	20 678 000	18 845 000	18 715 000
Operating Profit	930 000	2 773 000	4 044 000	743 000
Financial Income	28 000	18 000	25 000	46 000
Financial Costs	37 000	32 000	33 000	24 000
Financial Balance	−9 000	−14 000	−8 000	22 000
Earnings Before Tax	921 000	2 759 000	4 036 000	766 000
Tax	208 000	618 000	889 000	169 000
Net Income	713 000	2 141 000	3 147 000	597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 453 000	2 021 000	2 212 000	1 931 000
Total Current Assets	10 945 000	12 445 000	14 538 000	9 034 000
Total Assets	14 398 000	14 466 000	16 750 000	10 965 000
Total Retained Equity	5 741 000	5 496 000	3 980 000	177 000
Total Equity	9 692 000	9 447 000	7 931 000	4 128 000
Total Long-Term Debt	1 357 000	999 000	4 236 000	4 255 000
Total Current Debt	3 348 000	4 019 000	4 583 000	2 583 000
Total Equity and Debt	14 398 000	14 466 000	16 750 000	10 965 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 017 000	23 358 000	22 769 000	19 459 000
Other Income	34 000	94 000	119 000	0
Revenue	24 051 000	23 452 000	22 888 000	19 459 000
Cost of Goods Sold	10 127 000	8 949 000	8 215 000	8 452 000
Salary Costs	8 591 000	7 539 000	6 921 000	6 727 000
Depreciation	648 000	587 000	526 000	283 000
Impairment	0	0	0	0
Expenditure	23 121 000	20 678 000	18 845 000	18 715 000
Operating Profit	930 000	2 773 000	4 044 000	743 000
Financial Income	28 000	18 000	25 000	46 000
Financial Costs	37 000	32 000	33 000	24 000
Financial Balance	−9 000	−14 000	−8 000	22 000
Dividends	300 000	0	0	0
Net Income	713 000	2 141 000	3 147 000	597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	84 000	113 000	84 000	92 000
Machinery and Plant Facilities	232 000	350 000	430 000	321 000
Fixtures	2 046 000	1 506 000	1 617 000	1 473 000
Total Tangible Assets	2 362 000	1 969 000	2 130 000	1 886 000
Total Fiancial Fixed Assets	1 090 000	51 000	81 000	45 000
Total Fixed Assets	3 453 000	2 021 000	2 212 000	1 931 000
Stock	5 010 000	4 592 000	3 766 000	3 669 000
Total Investments	0	0	0	0
Cash, Bank	3 029 000	3 773 000	6 928 000	2 777 000
Total Current Assets	10 945 000	12 445 000	14 538 000	9 034 000
Total Assets	14 398 000	14 466 000	16 750 000	10 965 000
Total Equity	9 692 000	9 447 000	7 931 000	4 128 000
Short-Term Group Debt	216 000	693 000	1 587 000	835 000
Total Long-Term Debt	1 357 000	999 000	4 236 000	4 255 000
Creditors	700 000	930 000	782 000	459 000
Unpaid Taxes	851 000	1 031 000	692 000	591 000
Dividends	300 000	0	0	0
Other Current Debt	1 137 000	757 000	899 000	697 000
Total Current Debt	3 348 000	4 019 000	4 583 000	2 583 000
Total Equity and Debt	14 398 000	14 466 000	16 750 000	10 965 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,36 %	22,66 %	39,68 %	14,46 %
Debt-to-Equity Ratio	0,14	0,11	0,53	1,03
Operating Profit Margin	3,87 %	11,82 %	17,67 %	3,82 %
Current Ratio	3,27	3,1	3,17	3,5
Quick Ratio	−6,59	−21,72	17,79	−8,32
Equity Ratio	0,67	0,65	0,47	0,38
Gross Profit Margin	57,89 %	61,84 %	64,11 %	56,57 %