BRIXEN AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

36,46 %

Current Ratio

5,02

Debt-to-Equity Ratio

13,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 445 000	2 370 000	2 334 000	2 297 000
Net Income	428 000	371 000	324 000	323 000
Total Assets	17 180 000	17 592 000	18 138 000	18 704 000
Total Equity	1 174 000	745 000	375 000	266 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 445 000	2 370 000	2 334 000	2 297 000
Expenditure	1 469 000	1 440 000	1 454 000	1 357 000
Operating Profit	976 000	930 000	880 000	941 000
Financial Income	0	0	0	1 000
Financial Costs	427 000	455 000	466 000	528 000
Financial Balance	−427 000	−455 000	−466 000	−527 000
Earnings Before Tax	549 000	475 000	415 000	414 000
Tax	121 000	105 000	91 000	91 000
Net Income	428 000	371 000	324 000	323 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 962 000	15 737 000	16 552 000	17 367 000
Total Current Assets	2 218 000	1 854 000	1 586 000	1 337 000
Total Assets	17 180 000	17 592 000	18 138 000	18 704 000
Total Retained Equity	1 144 000	715 000	345 000	236 000
Total Equity	1 174 000	745 000	375 000	266 000
Total Long-Term Debt	15 564 000	16 531 000	16 932 000	17 857 000
Total Current Debt	442 000	316 000	831 000	581 000
Total Equity and Debt	17 180 000	17 592 000	18 138 000	18 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 445 000	2 370 000	2 334 000	2 297 000
Revenue	2 445 000	2 370 000	2 334 000	2 297 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	815 000	815 000	815 000	788 000
Impairment	0	0	0	0
Expenditure	1 469 000	1 440 000	1 454 000	1 357 000
Operating Profit	976 000	930 000	880 000	941 000
Financial Income	0	0	0	1 000
Financial Costs	427 000	455 000	466 000	528 000
Financial Balance	−427 000	−455 000	−466 000	−527 000
Dividends	0	0	0	0
Net Income	428 000	371 000	324 000	323 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	0	0	0
Real Eastate	14 923 000	15 737 000	16 552 000	17 367 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 923 000	15 737 000	16 552 000	17 367 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 962 000	15 737 000	16 552 000	17 367 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 142 000	1 854 000	1 586 000	1 337 000
Total Current Assets	2 218 000	1 854 000	1 586 000	1 337 000
Total Assets	17 180 000	17 592 000	18 138 000	18 704 000
Total Equity	1 174 000	745 000	375 000	266 000
Short-Term Group Debt	0	0	275 000	304 000
Total Long-Term Debt	15 564 000	16 531 000	16 932 000	17 857 000
Creditors	2 000	−13 000	1 000	13 000
Unpaid Taxes	100 000	97 000	94 000	91 000
Dividends	0	0	0	0
Other Current Debt	174 000	92 000	406 000	173 000
Total Current Debt	442 000	316 000	831 000	581 000
Total Equity and Debt	17 180 000	17 592 000	18 138 000	18 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,46 %	49,8 %	86,4 %	121,43 %
Debt-to-Equity Ratio	13,26	22,19	45,15	67,13
Operating Profit Margin	39,92 %	39,24 %	37,7 %	40,97 %
Current Ratio	5,02	5,87	1,91	2,3
Quick Ratio	5,02	5,87	1,91	2,3
Equity Ratio	0,07	0,04	0,02	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %