BRØVIGTANK AS

4550 FARSUND

Finances

Return on Equity

36,54 %

Current Ratio

59,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	853 000	19 339 000
Net Income	23 706 000	12 831 000	−2 142 000	−13 782 000
Total Assets	65 011 000	170 121 000	255 526 000	336 202 000
Total Equity	64 880 000	101 173 000	88 342 000	90 485 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	853 000	19 339 000
Expenditure	1 263 000	1 502 000	2 514 000	14 856 000
Operating Profit	−1 263 000	−1 502 000	−1 661 000	4 483 000
Financial Income	42 023 000	16 831 000	12 906 000	12 039 000
Financial Costs	570 000	2 497 000	13 387 000	8 985 000
Financial Balance	41 453 000	14 334 000	−481 000	3 054 000
Earnings Before Tax	40 190 000	12 831 000	−2 142 000	7 537 000
Tax	16 483 000	0	0	21 319 000
Net Income	23 706 000	12 831 000	−2 142 000	−13 782 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 196 000	159 283 000	247 307 000	324 446 000
Total Current Assets	7 816 000	10 837 000	8 220 000	11 755 000
Total Assets	65 011 000	170 121 000	255 526 000	336 202 000
Total Retained Equity	50 741 000	44 662 000	31 831 000	33 974 000
Total Equity	64 880 000	101 173 000	88 342 000	90 485 000
Total Long-Term Debt	0	0	116 409 000	194 845 000
Total Current Debt	131 000	68 947 000	50 775 000	50 871 000
Total Equity and Debt	65 011 000	170 121 000	255 526 000	336 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	853 000	19 339 000
Other Income	0	0	0	0
Revenue	0	0	853 000	19 339 000
Cost of Goods Sold	0	0	0	0
Salary Costs	983 000	866 000	839 000	807 000
Depreciation	0	0	283 000	8 358 000
Impairment	0	0	0	4 694 000
Expenditure	1 263 000	1 502 000	2 514 000	14 856 000
Operating Profit	−1 263 000	−1 502 000	−1 661 000	4 483 000
Financial Income	42 023 000	16 831 000	12 906 000	12 039 000
Financial Costs	570 000	2 497 000	13 387 000	8 985 000
Financial Balance	41 453 000	14 334 000	−481 000	3 054 000
Dividends	0	0	0	0
Net Income	23 706 000	12 831 000	−2 142 000	−13 782 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	16 483 000	16 483 000	16 483 000
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	11 391 000
Total Fiancial Fixed Assets	57 196 000	142 800 000	230 823 000	296 572 000
Total Fixed Assets	57 196 000	159 283 000	247 307 000	324 446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 669 000	6 495 000	3 927 000	11 642 000
Total Current Assets	7 816 000	10 837 000	8 220 000	11 755 000
Total Assets	65 011 000	170 121 000	255 526 000	336 202 000
Total Equity	64 880 000	101 173 000	88 342 000	90 485 000
Short-Term Group Debt	0	39 413 000	21 160 000	8 617 000
Total Long-Term Debt	0	0	116 409 000	194 845 000
Creditors	0	0	0	88 000
Unpaid Taxes	65 000	64 000	57 000	55 000
Dividends	0	0	0	0
Other Current Debt	66 000	29 470 000	29 557 000	42 112 000
Total Current Debt	131 000	68 947 000	50 775 000	50 871 000
Total Equity and Debt	65 011 000	170 121 000	255 526 000	336 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,54 %	12,68 %	−2,42 %	−15,23 %
Debt-to-Equity Ratio	0	0	1,32	2,15
Operating Profit Margin	-	-	−194,72 %	23,18 %
Current Ratio	59,66	0,16	0,16	0,23
Quick Ratio	59,66	0,16	0,16	0,23
Equity Ratio	1	0,59	0,35	0,27
Gross Profit Margin	-	-	100 %	100 %