BRAVES GLOBAL AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

84,82 %

Current Ratio

0,5

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 508 000	4 950 000	3 149 000	4 561 000
Net Income	−570 000	954 000	−1 417 000	616 000
Total Assets	668 000	485 000	−18 000	1 151 000
Total Equity	−672 000	−52 000	−1 006 000	411 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 508 000	4 950 000	3 149 000	4 561 000
Expenditure	3 057 000	3 993 000	4 562 000	3 899 000
Operating Profit	−549 000	958 000	−1 413 000	662 000
Financial Income	1 000	4 000	4 000	3 000
Financial Costs	22 000	8 000	7 000	9 000
Financial Balance	−21 000	−4 000	−3 000	−6 000
Earnings Before Tax	−570 000	954 000	−1 417 000	656 000
Tax	0	0	0	41 000
Net Income	−570 000	954 000	−1 417 000	616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	46 000
Total Current Assets	668 000	485 000	−18 000	1 105 000
Total Assets	668 000	485 000	−18 000	1 151 000
Total Retained Equity	−652 000	−82 000	−1 036 000	381 000
Total Equity	−672 000	−52 000	−1 006 000	411 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 340 000	537 000	988 000	740 000
Total Equity and Debt	668 000	485 000	−18 000	1 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 508 000	4 950 000	3 148 000	4 561 000
Other Income	0	0	1 000	0
Revenue	2 508 000	4 950 000	3 149 000	4 561 000
Cost of Goods Sold	986 000	1 098 000	1 593 000	1 703 000
Salary Costs	1 178 000	1 709 000	1 961 000	913 000
Depreciation	0	0	46 000	17 000
Impairment	0	0	0	0
Expenditure	3 057 000	3 993 000	4 562 000	3 899 000
Operating Profit	−549 000	958 000	−1 413 000	662 000
Financial Income	1 000	4 000	4 000	3 000
Financial Costs	22 000	8 000	7 000	9 000
Financial Balance	−21 000	−4 000	−3 000	−6 000
Dividends	0	0	0	0
Net Income	−570 000	954 000	−1 417 000	616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	46 000
Total Tangible Assets	0	0	0	46 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	46 000
Stock	44 000	29 000	−219 000	20 000
Total Investments	0	0	0	0
Cash, Bank	269 000	81 000	−175 000	687 000
Total Current Assets	668 000	485 000	−18 000	1 105 000
Total Assets	668 000	485 000	−18 000	1 151 000
Total Equity	−672 000	−52 000	−1 006 000	411 000
Short-Term Group Debt	3 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	37 000	−27 000	262 000	263 000
Unpaid Taxes	354 000	462 000	553 000	393 000
Dividends	0	0	0	0
Other Current Debt	312 000	102 000	173 000	44 000
Total Current Debt	1 340 000	537 000	988 000	740 000
Total Equity and Debt	668 000	485 000	−18 000	1 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	84,82 %	−1 834,62 %	140,85 %	149,88 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	−21,89 %	19,35 %	−44,87 %	14,51 %
Current Ratio	0,5	0,9	−0,02	1,49
Quick Ratio	0,52	0,95	−0,01	1,53
Equity Ratio	−1,01	−0,11	55,89	0,36
Gross Profit Margin	60,69 %	77,82 %	49,41 %	62,66 %