BRAVE CAPITAL AS

2315 HAMAR

Finances

Return on Equity

33,89 %

Current Ratio

0,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	850 000	1 502 000	0
Net Income	15 483 000	−1 129 000	−345 000
Total Assets	83 258 000	77 163 000	6 104 000
Total Equity	45 690 000	50 207 000	−345 000

Income (NOK)	2022	2021	2020
Revenue	850 000	1 502 000	0
Expenditure	5 405 000	5 758 000	196 000
Operating Profit	−4 554 000	−4 256 000	−195 000
Financial Income	23 440 000	7 969 000	0
Financial Costs	3 403 000	4 842 000	150 000
Financial Balance	20 037 000	3 127 000	−150 000
Earnings Before Tax	15 483 000	−1 129 000	−345 000
Tax	0	0	0
Net Income	15 483 000	−1 129 000	−345 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	78 937 000	61 933 000	6 104 000
Total Current Assets	4 321 000	15 230 000	0
Total Assets	83 258 000	77 163 000	6 104 000
Total Retained Equity	0	0	−345 000
Total Equity	45 690 000	50 207 000	−345 000
Total Long-Term Debt	0	0	0
Total Current Debt	37 568 000	26 956 000	6 449 000
Total Equity and Debt	83 258 000	77 163 000	6 104 000

Cash flow (NOK)	2022	2021	2020
Sales Income	850 000	1 502 000	0
Other Income	0	0	0
Revenue	850 000	1 502 000	0
Cost of Goods Sold	0	231 000	98 000
Salary Costs	3 244 000	4 439 000	0
Depreciation	112 000	84 000	35 000
Impairment	0	0	0
Expenditure	5 405 000	5 758 000	196 000
Operating Profit	−4 554 000	−4 256 000	−195 000
Financial Income	23 440 000	7 969 000	0
Financial Costs	3 403 000	4 842 000	150 000
Financial Balance	20 037 000	3 127 000	−150 000
Dividends	20 000 000	0	0
Net Income	15 483 000	−1 129 000	−345 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	179 000	201 000	226 000
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	78 757 000	61 732 000	5 878 000
Total Fixed Assets	78 937 000	61 933 000	6 104 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	18 000	1 530 000	0
Total Current Assets	4 321 000	15 230 000	0
Total Assets	83 258 000	77 163 000	6 104 000
Total Equity	45 690 000	50 207 000	−345 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	805 000	40 000	6 000
Unpaid Taxes	0	354 000	0
Dividends	20 000 000	0	0
Other Current Debt	9 763 000	26 562 000	6 442 000
Total Current Debt	37 568 000	26 956 000	6 449 000
Total Equity and Debt	83 258 000	77 163 000	6 104 000

Financial indicators	2022	2021	2020
Return on Equity	33,89 %	−2,25 %	100 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	−535,76 %	−283,36 %	-
Current Ratio	0,12	0,56	0
Quick Ratio	0,12	0,56	0
Equity Ratio	0,55	0,65	−0,06
Gross Profit Margin	100 %	84,62 %	-