BRAINWAVE AS

1283 OSLO

Finances

Share Ownership

Return on Equity

11,62 %

Current Ratio

3,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 321 000	1 137 000	1 138 000	960 000
Net Income	81 000	−8 000	133 000	26 000
Total Assets	931 000	768 000	823 000	908 000
Total Equity	697 000	615 000	624 000	491 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 321 000	1 137 000	1 138 000	960 000
Expenditure	1 217 000	1 148 000	968 000	923 000
Operating Profit	104 000	−11 000	171 000	37 000
Financial Income	0	0	2 000	0
Financial Costs	0	0	2 000	3 000
Financial Balance	0	0	0	−3 000
Earnings Before Tax	104 000	−11 000	170 000	34 000
Tax	23 000	−2 000	37 000	8 000
Net Income	81 000	−8 000	133 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 000	0	0
Total Current Assets	931 000	766 000	823 000	908 000
Total Assets	931 000	768 000	823 000	908 000
Total Retained Equity	667 000	585 000	594 000	461 000
Total Equity	697 000	615 000	624 000	491 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	234 000	153 000	199 000	417 000
Total Equity and Debt	931 000	768 000	823 000	908 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 321 000	1 137 000	1 138 000	960 000
Other Income	0	0	0	0
Revenue	1 321 000	1 137 000	1 138 000	960 000
Cost of Goods Sold	17 000	0	50 000	167 000
Salary Costs	1 033 000	949 000	793 000	661 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 217 000	1 148 000	968 000	923 000
Operating Profit	104 000	−11 000	171 000	37 000
Financial Income	0	0	2 000	0
Financial Costs	0	0	2 000	3 000
Financial Balance	0	0	0	−3 000
Dividends	0	0	0	0
Net Income	81 000	−8 000	133 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	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	2 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	679 000	719 000	524 000	806 000
Total Current Assets	931 000	766 000	823 000	908 000
Total Assets	931 000	768 000	823 000	908 000
Total Equity	697 000	615 000	624 000	491 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	0	9 000	1 000
Unpaid Taxes	113 000	70 000	84 000	69 000
Dividends	0	0	0	0
Other Current Debt	95 000	83 000	68 000	339 000
Total Current Debt	234 000	153 000	199 000	417 000
Total Equity and Debt	931 000	768 000	823 000	908 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,62 %	−1,3 %	21,31 %	5,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,87 %	−0,97 %	15,03 %	3,85 %
Current Ratio	3,98	5,01	4,14	2,18
Quick Ratio	3,98	5,01	4,14	2,18
Equity Ratio	0,75	0,8	0,76	0,54
Gross Profit Margin	98,71 %	100 %	95,61 %	82,6 %