BRAGEVA AS

7044 TRONDHEIM

Finances

Share Ownership

Return on Equity

48,83 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 630 000	15 540 000	5 790 000	2 326 000
Net Income	1 290 000	1 006 000	256 000	52 000
Total Assets	12 277 000	6 223 000	1 475 000	779 000
Total Equity	2 642 000	1 476 000	477 000	221 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 630 000	15 540 000	5 790 000	2 326 000
Expenditure	28 968 000	14 249 000	5 463 000	2 270 000
Operating Profit	1 661 000	1 290 000	327 000	56 000
Financial Income	3 000	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	2 000	−1 000	0	0
Earnings Before Tax	1 663 000	1 289 000	328 000	56 000
Tax	373 000	284 000	72 000	4 000
Net Income	1 290 000	1 006 000	256 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	360 000	473 000	26 000	26 000
Total Current Assets	11 917 000	5 750 000	1 449 000	753 000
Total Assets	12 277 000	6 223 000	1 475 000	779 000
Total Retained Equity	2 610 000	1 444 000	439 000	191 000
Total Equity	2 642 000	1 476 000	477 000	221 000
Total Long-Term Debt	7 000	7 000	0	0
Total Current Debt	9 629 000	4 741 000	999 000	558 000
Total Equity and Debt	12 277 000	6 223 000	1 475 000	779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 170 000	15 540 000	5 715 000	2 326 000
Other Income	460 000	0	75 000	0
Revenue	30 630 000	15 540 000	5 790 000	2 326 000
Cost of Goods Sold	0	0	0	48 000
Salary Costs	26 624 000	12 990 000	4 666 000	1 796 000
Depreciation	120 000	100 000	0	0
Impairment	0	0	0	0
Expenditure	28 968 000	14 249 000	5 463 000	2 270 000
Operating Profit	1 661 000	1 290 000	327 000	56 000
Financial Income	3 000	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	2 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	1 290 000	1 006 000	256 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	326 000	446 000	0	0
Total Tangible Assets	326 000	446 000	0	0
Total Fiancial Fixed Assets	26 000	26 000	26 000	26 000
Total Fixed Assets	360 000	473 000	26 000	26 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 579 000	5 434 000	1 217 000	753 000
Total Current Assets	11 917 000	5 750 000	1 449 000	753 000
Total Assets	12 277 000	6 223 000	1 475 000	779 000
Total Equity	2 642 000	1 476 000	477 000	221 000
Short-Term Group Debt	159 000	0	0	0
Total Long-Term Debt	7 000	7 000	0	0
Creditors	136 000	107 000	3 000	9 000
Unpaid Taxes	1 558 000	817 000	217 000	229 000
Dividends	0	0	0	0
Other Current Debt	7 431 000	3 532 000	706 000	308 000
Total Current Debt	9 629 000	4 741 000	999 000	558 000
Total Equity and Debt	12 277 000	6 223 000	1 475 000	779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,83 %	68,16 %	53,67 %	23,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,42 %	8,3 %	5,65 %	2,41 %
Current Ratio	1,24	1,21	1,45	1,35
Quick Ratio	1,24	1,21	1,45	1,35
Equity Ratio	0,22	0,24	0,32	0,28
Gross Profit Margin	100 %	100 %	100 %	97,94 %