BRANDSNES AS

2360 RUDSHØGDA

Finances

Share Ownership

Return on Equity

−10,04 %

Current Ratio

Debt-to-Equity Ratio

−0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	89 000	345 000	593 000
Net Income	25 000	−13 000	−71 000	−240 000
Total Assets	56 000	63 000	74 000	327 000
Total Equity	−249 000	−275 000	−262 000	−448 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	89 000	345 000	593 000
Expenditure	33 000	78 000	363 000	698 000
Operating Profit	47 000	11 000	−17 000	−106 000
Financial Income	0	0	0	0
Financial Costs	14 000	26 000	73 000	87 000
Financial Balance	−14 000	−26 000	−73 000	−87 000
Earnings Before Tax	33 000	−15 000	−91 000	−193 000
Tax	7 000	−3 000	−20 000	47 000
Net Income	25 000	−13 000	−71 000	−240 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	62 000	59 000	211 000
Total Current Assets	1 000	1 000	15 000	117 000
Total Assets	56 000	63 000	74 000	327 000
Total Retained Equity	−354 000	−379 000	−366 000	−552 000
Total Equity	−249 000	−275 000	−262 000	−448 000
Total Long-Term Debt	55 000	73 000	49 000	260 000
Total Current Debt	250 000	265 000	287 000	515 000
Total Equity and Debt	56 000	63 000	74 000	327 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 000	89 000	345 000	367 000
Other Income	0	0	0	225 000
Revenue	80 000	89 000	345 000	593 000
Cost of Goods Sold	0	3 000	28 000	88 000
Salary Costs	0	0	50 000	204 000
Depreciation	0	0	36 000	67 000
Impairment	0	0	0	0
Expenditure	33 000	78 000	363 000	698 000
Operating Profit	47 000	11 000	−17 000	−106 000
Financial Income	0	0	0	0
Financial Costs	14 000	26 000	73 000	87 000
Financial Balance	−14 000	−26 000	−73 000	−87 000
Dividends	0	0	0	0
Net Income	25 000	−13 000	−71 000	−240 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	62 000	59 000	168 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	43 000
Total Tangible Assets	0	0	0	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	62 000	59 000	211 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	3 000
Total Current Assets	1 000	1 000	15 000	117 000
Total Assets	56 000	63 000	74 000	327 000
Total Equity	−249 000	−275 000	−262 000	−448 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000	73 000	49 000	260 000
Creditors	12 000	7 000	56 000	257 000
Unpaid Taxes	−4 000	−6 000	0	26 000
Dividends	0	0	0	0
Other Current Debt	191 000	213 000	184 000	188 000
Total Current Debt	250 000	265 000	287 000	515 000
Total Equity and Debt	56 000	63 000	74 000	327 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,04 %	4,73 %	27,1 %	53,57 %
Debt-to-Equity Ratio	−0,22	−0,27	−0,19	−0,58
Operating Profit Margin	58,75 %	12,36 %	−4,93 %	−17,88 %
Current Ratio	0	0	0,05	0,23
Quick Ratio	0	0	0,05	0,23
Equity Ratio	−4,45	−4,37	−3,54	−1,37
Gross Profit Margin	100 %	96,63 %	91,88 %	85,16 %