BRAVEX AS

5260 INDRE ARNA

Finances

Share Ownership

Return on Equity

103,92 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 567 000	1 365 000	1 030 000	1 094 000
Net Income	106 000	−45 000	−2 000	124 000
Total Assets	213 000	57 000	327 000	635 000
Total Equity	102 000	−4 000	41 000	43 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 567 000	1 365 000	1 030 000	1 094 000
Expenditure	1 431 000	1 385 000	1 022 000	930 000
Operating Profit	136 000	−20 000	8 000	164 000
Financial Income	0	0	0	0
Financial Costs	12 000	24 000	10 000	0
Financial Balance	−12 000	−24 000	−10 000	0
Earnings Before Tax	124 000	−45 000	−3 000	164 000
Tax	19 000	0	0	40 000
Net Income	106 000	−45 000	−2 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 000	0	0	0
Total Current Assets	96 000	57 000	327 000	635 000
Total Assets	213 000	57 000	327 000	635 000
Total Retained Equity	77 000	−28 000	16 000	19 000
Total Equity	102 000	−4 000	41 000	43 000
Total Long-Term Debt	0	0	200 000	3 000
Total Current Debt	111 000	60 000	86 000	588 000
Total Equity and Debt	213 000	57 000	327 000	635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 567 000	1 365 000	1 030 000	1 094 000
Other Income	0	0	0	0
Revenue	1 567 000	1 365 000	1 030 000	1 094 000
Cost of Goods Sold	1 119 000	1 191 000	760 000	806 000
Salary Costs	113 000	20 000	14 000	4 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 431 000	1 385 000	1 022 000	930 000
Operating Profit	136 000	−20 000	8 000	164 000
Financial Income	0	0	0	0
Financial Costs	12 000	24 000	10 000	0
Financial Balance	−12 000	−24 000	−10 000	0
Dividends	0	0	0	100 000
Net Income	106 000	−45 000	−2 000	124 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	117 000	0	0	0
Total Fixed Assets	117 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	36 000	7 000	15 000	2 000
Total Current Assets	96 000	57 000	327 000	635 000
Total Assets	213 000	57 000	327 000	635 000
Total Equity	102 000	−4 000	41 000	43 000
Short-Term Group Debt	0	0	0	100 000
Total Long-Term Debt	0	0	200 000	3 000
Creditors	37 000	34 000	11 000	357 000
Unpaid Taxes	48 000	23 000	70 000	85 000
Dividends	0	0	0	100 000
Other Current Debt	7 000	3 000	3 000	9 000
Total Current Debt	111 000	60 000	86 000	588 000
Total Equity and Debt	213 000	57 000	327 000	635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,92 %	1 125 %	−4,88 %	288,37 %
Debt-to-Equity Ratio	0	−0	4,88	0,07
Operating Profit Margin	8,68 %	−1,47 %	0,78 %	14,99 %
Current Ratio	0,86	0,95	3,8	1,08
Quick Ratio	0,86	0,95	3,8	1,08
Equity Ratio	0,48	−0,07	0,13	0,07
Gross Profit Margin	28,59 %	12,75 %	26,21 %	26,33 %