BRUCE NORWAY AS

0155 OSLO

Finances

Share Ownership

Return on Equity

−29,51 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	24 515 000	2 645 000	3 192 000
Net Income	−520 000	−891 000	−238 000
Total Assets	5 260 000	2 619 000	2 880 000
Total Equity	1 762 000	2 282 000	2 303 000

Income (NOK)	2022	2021	2020
Revenue	24 515 000	2 645 000	3 192 000
Expenditure	25 046 000	3 461 000	3 497 000
Operating Profit	−531 000	−816 000	−304 000
Financial Income	21 000	0	0
Financial Costs	11 000	8 000	1 000
Financial Balance	10 000	−8 000	−1 000
Earnings Before Tax	−520 000	−824 000	−306 000
Tax	0	67 000	−68 000
Net Income	−520 000	−891 000	−238 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	81 000	209 000
Total Current Assets	5 260 000	2 538 000	2 670 000
Total Assets	5 260 000	2 619 000	2 880 000
Total Retained Equity	−1 578 000	−1 118 000	−227 000
Total Equity	1 762 000	2 282 000	2 303 000
Total Long-Term Debt	0	0	0
Total Current Debt	3 498 000	337 000	576 000
Total Equity and Debt	5 260 000	2 619 000	2 880 000

Cash flow (NOK)	2022	2021	2020
Sales Income	24 515 000	2 309 000	2 671 000
Other Income	0	337 000	521 000
Revenue	24 515 000	2 645 000	3 192 000
Cost of Goods Sold	17 827 000	1 847 000	2 198 000
Salary Costs	4 357 000	867 000	890 000
Depreciation	81 000	61 000	41 000
Impairment	0	0	0
Expenditure	25 046 000	3 461 000	3 497 000
Operating Profit	−531 000	−816 000	−304 000
Financial Income	21 000	0	0
Financial Costs	11 000	8 000	1 000
Financial Balance	10 000	−8 000	−1 000
Dividends	0	0	0
Net Income	−520 000	−891 000	−238 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	81 000	209 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	81 000	209 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	4 352 000	1 998 000	2 452 000
Total Current Assets	5 260 000	2 538 000	2 670 000
Total Assets	5 260 000	2 619 000	2 880 000
Total Equity	1 762 000	2 282 000	2 303 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 664 000	242 000	321 000
Unpaid Taxes	205 000	70 000	146 000
Dividends	0	0	0
Other Current Debt	1 629 000	25 000	110 000
Total Current Debt	3 498 000	337 000	576 000
Total Equity and Debt	5 260 000	2 619 000	2 880 000

Financial indicators	2022	2021	2020
Return on Equity	−29,51 %	−39,04 %	−10,33 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−2,17 %	−30,85 %	−9,52 %
Current Ratio	1,5	7,53	4,64
Quick Ratio	1,5	7,53	4,64
Equity Ratio	0,33	0,87	0,8
Gross Profit Margin	27,28 %	30,17 %	31,14 %