BRASETH INVEST AS

3511 HØNEFOSS

Finances

Return on Equity

−492,38 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	316 000	30 079 000	100 490 000	288 000
Net Income	−26 938 000	1 272 000	−6 307 000	−4 739 000
Total Assets	6 619 000	35 850 000	84 894 000	14 290 000
Total Equity	5 471 000	−585 000	−1 857 000	−4 648 000

Income (NOK)	2022	2021	2020	2019
Revenue	316 000	30 079 000	100 490 000	288 000
Expenditure	12 139 000	28 072 000	104 076 000	144 000
Operating Profit	−11 824 000	2 008 000	−3 587 000	145 000
Financial Income	596 000	42 000	206 000	55 000
Financial Costs	15 612 000	798 000	2 856 000	4 956 000
Financial Balance	−15 016 000	−756 000	−2 650 000	−4 901 000
Earnings Before Tax	−26 840 000	1 251 000	−6 236 000	−4 756 000
Tax	97 000	−21 000	71 000	−17 000
Net Income	−26 938 000	1 272 000	−6 307 000	−4 739 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 686 000	19 876 000	36 380 000	13 712 000
Total Current Assets	3 934 000	15 974 000	48 513 000	578 000
Total Assets	6 619 000	35 850 000	84 894 000	14 290 000
Total Retained Equity	0	68 000	−11 513 000	−4 678 000
Total Equity	5 471 000	−585 000	−1 857 000	−4 648 000
Total Long-Term Debt	7 000	23 558 000	45 927 000	16 799 000
Total Current Debt	1 141 000	12 877 000	40 824 000	2 140 000
Total Equity and Debt	6 619 000	35 850 000	84 894 000	14 290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	22 804 000	99 188 000	150 000
Other Income	316 000	7 275 000	1 302 000	138 000
Revenue	316 000	30 079 000	100 490 000	288 000
Cost of Goods Sold	0	7 682 000	67 296 000	0
Salary Costs	0	12 288 000	20 947 000	0
Depreciation	218 000	2 210 000	3 158 000	106 000
Impairment	7 245 000	0	0	0
Expenditure	12 139 000	28 072 000	104 076 000	144 000
Operating Profit	−11 824 000	2 008 000	−3 587 000	145 000
Financial Income	596 000	42 000	206 000	55 000
Financial Costs	15 612 000	798 000	2 856 000	4 956 000
Financial Balance	−15 016 000	−756 000	−2 650 000	−4 901 000
Dividends	0	0	0	0
Net Income	−26 938 000	1 272 000	−6 307 000	−4 739 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	3 403 000	4 739 000	0
Total Intangible Assets	0	16 952 000	20 704 000	7 245 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	686 000	2 921 000	15 673 000	937 000
Total Tangible Assets	686 000	2 921 000	15 673 000	937 000
Total Fiancial Fixed Assets	2 000 000	3 000	3 000	5 530 000
Total Fixed Assets	2 686 000	19 876 000	36 380 000	13 712 000
Stock	0	7 393 000	28 604 000	0
Total Investments	0	0	0	0
Cash, Bank	331 000	4 834 000	12 218 000	298 000
Total Current Assets	3 934 000	15 974 000	48 513 000	578 000
Total Assets	6 619 000	35 850 000	84 894 000	14 290 000
Total Equity	5 471 000	−585 000	−1 857 000	−4 648 000
Short-Term Group Debt	1 124 000	0	0	0
Total Long-Term Debt	7 000	23 558 000	45 927 000	16 799 000
Creditors	4 000	1 578 000	4 170 000	167 000
Unpaid Taxes	13 000	1 322 000	4 840 000	2 000
Dividends	0	0	0	0
Other Current Debt	0	1 136 000	3 048 000	2 000
Total Current Debt	1 141 000	12 877 000	40 824 000	2 140 000
Total Equity and Debt	6 619 000	35 850 000	84 894 000	14 290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−492,38 %	−217,44 %	339,63 %	101,96 %
Debt-to-Equity Ratio	0	−40,27	−24,73	−3,61
Operating Profit Margin	−3 741,77 %	6,68 %	−3,57 %	50,35 %
Current Ratio	3,45	1,24	1,19	0,27
Quick Ratio	3,45	2,91	3,97	0,27
Equity Ratio	0,83	−0,02	−0,02	−0,33
Gross Profit Margin	100 %	74,46 %	33,03 %	100 %