BRAVO MARINE AS

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

−138,51 %

Current Ratio

10,6

Debt-to-Equity Ratio

1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 348 000	2 718 000	3 391 000	2 241 000
Net Income	−2 086 000	−735 000	1 031 000	−311 000
Total Assets	4 503 000	4 684 000	3 797 000	2 164 000
Total Equity	1 506 000	1 215 000	1 349 000	319 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 348 000	2 718 000	3 391 000	2 241 000
Expenditure	3 394 000	3 390 000	2 240 000	2 509 000
Operating Profit	−2 046 000	−671 000	1 151 000	−268 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	41 000	63 000	64 000	46 000
Financial Balance	−40 000	−63 000	−62 000	−44 000
Earnings Before Tax	−2 086 000	−735 000	1 088 000	−311 000
Tax	0	0	57 000	0
Net Income	−2 086 000	−735 000	1 031 000	−311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 585 000	3 605 000	2 248 000	1 766 000
Total Current Assets	1 918 000	1 080 000	1 549 000	399 000
Total Assets	4 503 000	4 684 000	3 797 000	2 164 000
Total Retained Equity	0	296 000	1 031 000	0
Total Equity	1 506 000	1 215 000	1 349 000	319 000
Total Long-Term Debt	2 816 000	3 160 000	1 468 000	1 618 000
Total Current Debt	181 000	309 000	980 000	228 000
Total Equity and Debt	4 503 000	4 684 000	3 797 000	2 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 302 000	2 718 000	3 391 000	1 013 000
Other Income	46 000	0	0	1 228 000
Revenue	1 348 000	2 718 000	3 391 000	2 241 000
Cost of Goods Sold	494 000	481 000	686 000	188 000
Salary Costs	904 000	1 580 000	568 000	772 000
Depreciation	92 000	68 000	38 000	30 000
Impairment	0	0	0	0
Expenditure	3 394 000	3 390 000	2 240 000	2 509 000
Operating Profit	−2 046 000	−671 000	1 151 000	−268 000
Financial Income	1 000	0	2 000	2 000
Financial Costs	41 000	63 000	64 000	46 000
Financial Balance	−40 000	−63 000	−62 000	−44 000
Dividends	0	0	0	0
Net Income	−2 086 000	−735 000	1 031 000	−311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 356 000	3 221 000	2 154 000	1 659 000
Real Eastate	15 000	19 000	0	0
Machinery and Plant Facilities	48 000	128 000	0	0
Fixtures	26 000	50 000	32 000	0
Total Tangible Assets	230 000	384 000	94 000	93 000
Total Fiancial Fixed Assets	0	0	0	14 000
Total Fixed Assets	2 585 000	3 605 000	2 248 000	1 766 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 834 000	819 000	998 000	145 000
Total Current Assets	1 918 000	1 080 000	1 549 000	399 000
Total Assets	4 503 000	4 684 000	3 797 000	2 164 000
Total Equity	1 506 000	1 215 000	1 349 000	319 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 816 000	3 160 000	1 468 000	1 618 000
Creditors	22 000	73 000	706 000	41 000
Unpaid Taxes	74 000	92 000	71 000	34 000
Dividends	0	0	0	0
Other Current Debt	85 000	144 000	145 000	153 000
Total Current Debt	181 000	309 000	980 000	228 000
Total Equity and Debt	4 503 000	4 684 000	3 797 000	2 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−138,51 %	−60,49 %	76,43 %	−97,49 %
Debt-to-Equity Ratio	1,87	2,6	1,09	5,07
Operating Profit Margin	−151,78 %	−24,69 %	33,94 %	−11,96 %
Current Ratio	10,6	3,5	1,58	1,75
Quick Ratio	10,6	3,5	1,58	1,75
Equity Ratio	0,33	0,26	0,36	0,15
Gross Profit Margin	63,35 %	82,3 %	79,77 %	91,61 %