BRAGE ENGINEERING AS

3011 DRAMMEN

Finances

Share Ownership

Return on Equity

−117,54 %

Current Ratio

0,82

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	606 000	917 000	792 000	89 000
Net Income	134 000	1 000	21 000	−16 000
Total Assets	522 000	497 000	506 000	195 000
Total Equity	−114 000	−248 000	−249 000	−269 000

Income (NOK)	2022	2021	2020	2019
Revenue	606 000	917 000	792 000	89 000
Expenditure	535 000	917 000	783 000	86 000
Operating Profit	71 000	1 000	8 000	3 000
Financial Income	349 000	0	14 000	60 000
Financial Costs	286 000	0	2 000	80 000
Financial Balance	63 000	0	12 000	−20 000
Earnings Before Tax	134 000	1 000	21 000	−17 000
Tax	0	0	0	−1 000
Net Income	134 000	1 000	21 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	522 000	497 000	506 000	195 000
Total Assets	522 000	497 000	506 000	195 000
Total Retained Equity	−144 000	−278 000	−279 000	−299 000
Total Equity	−114 000	−248 000	−249 000	−269 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	636 000	745 000	755 000	464 000
Total Equity and Debt	522 000	497 000	506 000	195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	606 000	917 000	792 000	89 000
Other Income	0	0	0	0
Revenue	606 000	917 000	792 000	89 000
Cost of Goods Sold	0	0	0	0
Salary Costs	513 000	877 000	750 000	72 000
Depreciation	0	0	0	3 000
Impairment	0	0	0	0
Expenditure	535 000	917 000	783 000	86 000
Operating Profit	71 000	1 000	8 000	3 000
Financial Income	349 000	0	14 000	60 000
Financial Costs	286 000	0	2 000	80 000
Financial Balance	63 000	0	12 000	−20 000
Dividends	0	0	0	0
Net Income	134 000	1 000	21 000	−16 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	34 000	34 000	34 000
Cash, Bank	470 000	411 000	346 000	161 000
Total Current Assets	522 000	497 000	506 000	195 000
Total Assets	522 000	497 000	506 000	195 000
Total Equity	−114 000	−248 000	−249 000	−269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	0	0
Unpaid Taxes	211 000	294 000	310 000	46 000
Dividends	0	0	0	0
Other Current Debt	425 000	445 000	445 000	418 000
Total Current Debt	636 000	745 000	755 000	464 000
Total Equity and Debt	522 000	497 000	506 000	195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−117,54 %	−0,4 %	−8,43 %	5,95 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	11,72 %	0,11 %	1,01 %	3,37 %
Current Ratio	0,82	0,67	0,67	0,42
Quick Ratio	0,82	0,67	0,67	0,42
Equity Ratio	−0,22	−0,5	−0,49	−1,38
Gross Profit Margin	100 %	100 %	100 %	100 %