BRAVER AS

0158 OSLO

Finances

Return on Equity

111,96 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 570 000	12 351 000	5 599 000	3 806 000
Net Income	749 000	875 000	231 000	128 000
Total Assets	3 975 000	4 277 000	1 523 000	1 061 000
Total Equity	669 000	1 269 000	394 000	163 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 570 000	12 351 000	5 599 000	3 806 000
Expenditure	13 283 000	10 396 000	5 298 000	3 643 000
Operating Profit	1 286 000	1 955 000	301 000	162 000
Financial Income	5 000	98 000	2 000	2 000
Financial Costs	319 000	913 000	0	0
Financial Balance	−314 000	−815 000	2 000	2 000
Earnings Before Tax	972 000	1 140 000	303 000	164 000
Tax	223 000	265 000	72 000	36 000
Net Income	749 000	875 000	231 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	512 000	1 208 000	124 000	46 000
Total Current Assets	3 463 000	3 069 000	1 398 000	1 015 000
Total Assets	3 975 000	4 277 000	1 523 000	1 061 000
Total Retained Equity	639 000	1 239 000	364 000	133 000
Total Equity	669 000	1 269 000	394 000	163 000
Total Long-Term Debt	13 000	546 000	3 000	0
Total Current Debt	3 294 000	2 461 000	1 125 000	898 000
Total Equity and Debt	3 975 000	4 277 000	1 523 000	1 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 657 000	11 660 000	5 338 000	3 296 000
Other Income	1 913 000	691 000	261 000	510 000
Revenue	14 570 000	12 351 000	5 599 000	3 806 000
Cost of Goods Sold	2 081 000	2 739 000	887 000	86 000
Salary Costs	6 403 000	4 281 000	2 462 000	2 253 000
Depreciation	251 000	145 000	13 000	0
Impairment	0	0	0	0
Expenditure	13 283 000	10 396 000	5 298 000	3 643 000
Operating Profit	1 286 000	1 955 000	301 000	162 000
Financial Income	5 000	98 000	2 000	2 000
Financial Costs	319 000	913 000	0	0
Financial Balance	−314 000	−815 000	2 000	2 000
Dividends	1 350 000	0	0	0
Net Income	749 000	875 000	231 000	128 000

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	396 000	939 000	78 000	0
Total Tangible Assets	396 000	939 000	78 000	0
Total Fiancial Fixed Assets	116 000	269 000	46 000	46 000
Total Fixed Assets	512 000	1 208 000	124 000	46 000
Stock	0	0	0	0
Total Investments	58 000	58 000	0	0
Cash, Bank	1 830 000	1 804 000	745 000	1 015 000
Total Current Assets	3 463 000	3 069 000	1 398 000	1 015 000
Total Assets	3 975 000	4 277 000	1 523 000	1 061 000
Total Equity	669 000	1 269 000	394 000	163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 000	546 000	3 000	0
Creditors	265 000	879 000	186 000	8 000
Unpaid Taxes	1 323 000	835 000	382 000	664 000
Dividends	1 350 000	0	0	0
Other Current Debt	622 000	502 000	494 000	194 000
Total Current Debt	3 294 000	2 461 000	1 125 000	898 000
Total Equity and Debt	3 975 000	4 277 000	1 523 000	1 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,96 %	68,95 %	58,63 %	78,53 %
Debt-to-Equity Ratio	0,02	0,43	0,01	0
Operating Profit Margin	8,83 %	15,83 %	5,38 %	4,26 %
Current Ratio	1,05	1,25	1,24	1,13
Quick Ratio	1,05	1,25	1,24	1,13
Equity Ratio	0,17	0,3	0,26	0,15
Gross Profit Margin	85,72 %	77,82 %	84,16 %	97,74 %