BRENNING AS

4180 KVITSØY

Finances

Share Ownership

Return on Equity

33,39 %

Current Ratio

1,27

Debt-to-Equity Ratio

−1,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 000	0	0	0
Net Income	−202 000	−154 000	−38 000	−213 000
Total Assets	881 000	281 000	254 000	430 000
Total Equity	−605 000	−404 000	−250 000	−211 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 000	0	0	0
Expenditure	253 000	153 000	38 000	212 000
Operating Profit	−201 000	−153 000	−38 000	−212 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Earnings Before Tax	−202 000	−154 000	−38 000	−213 000
Tax	0	0	0	0
Net Income	−202 000	−154 000	−38 000	−213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 000	0	0	0
Total Current Assets	426 000	281 000	254 000	430 000
Total Assets	881 000	281 000	254 000	430 000
Total Retained Equity	−1 096 000	−895 000	−741 000	−702 000
Total Equity	−605 000	−404 000	−250 000	−211 000
Total Long-Term Debt	1 150 000	500 000	500 000	500 000
Total Current Debt	336 000	184 000	3 000	140 000
Total Equity and Debt	881 000	281 000	254 000	430 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 000	0	0	0
Other Income	0	0	0	0
Revenue	51 000	0	0	0
Cost of Goods Sold	115 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	253 000	153 000	38 000	212 000
Operating Profit	−201 000	−153 000	−38 000	−212 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	1 000
Financial Balance	0	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−202 000	−154 000	−38 000	−213 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	455 000	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	455 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	374 000	177 000	254 000	394 000
Total Current Assets	426 000	281 000	254 000	430 000
Total Assets	881 000	281 000	254 000	430 000
Total Equity	−605 000	−404 000	−250 000	−211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 150 000	500 000	500 000	500 000
Creditors	333 000	125 000	0	138 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	60 000	3 000	3 000
Total Current Debt	336 000	184 000	3 000	140 000
Total Equity and Debt	881 000	281 000	254 000	430 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,39 %	38,12 %	15,2 %	100,95 %
Debt-to-Equity Ratio	−1,9	−1,24	−2	−2,37
Operating Profit Margin	−394,12 %	-	-	-
Current Ratio	1,27	1,53	84,67	3,07
Quick Ratio	1,27	1,53	84,67	3,07
Equity Ratio	−0,69	−1,44	−0,98	−0,49
Gross Profit Margin	−125,49 %	-	-	-