BRAGE EIENDOMSSELSKAP AS

4208 SAUDASJØEN

Finances

Share Ownership

Return on Equity

−6,05 %

Current Ratio

16,06

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 000	172 000	96 000	0
Net Income	−268 000	−332 000	−322 000	212 000
Total Assets	6 964 000	8 503 000	8 797 000	5 351 000
Total Equity	4 429 000	4 697 000	5 029 000	5 351 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 000	172 000	96 000	0
Expenditure	482 000	504 000	426 000	234 000
Operating Profit	−314 000	−331 000	−329 000	−234 000
Financial Income	217 000	115 000	223 000	293 000
Financial Costs	171 000	115 000	215 000	−154 000
Financial Balance	46 000	0	8 000	447 000
Earnings Before Tax	−268 000	−332 000	−322 000	212 000
Tax	0	0	0	0
Net Income	−268 000	−332 000	−322 000	212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 402 000	8 165 000	8 402 000	4 864 000
Total Current Assets	562 000	338 000	395 000	487 000
Total Assets	6 964 000	8 503 000	8 797 000	5 351 000
Total Retained Equity	4 329 000	4 597 000	4 929 000	5 251 000
Total Equity	4 429 000	4 697 000	5 029 000	5 351 000
Total Long-Term Debt	2 500 000	3 745 000	3 745 000	0
Total Current Debt	35 000	61 000	23 000	0
Total Equity and Debt	6 964 000	8 503 000	8 797 000	5 351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	168 000	172 000	96 000	0
Revenue	168 000	172 000	96 000	0
Cost of Goods Sold	0	0	0	15 000
Salary Costs	33 000	32 000	24 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	482 000	504 000	426 000	234 000
Operating Profit	−314 000	−331 000	−329 000	−234 000
Financial Income	217 000	115 000	223 000	293 000
Financial Costs	171 000	115 000	215 000	−154 000
Financial Balance	46 000	0	8 000	447 000
Dividends	0	0	0	0
Net Income	−268 000	−332 000	−322 000	212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 403 000	5 403 000	5 403 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 403 000	5 403 000	5 403 000	0
Total Fiancial Fixed Assets	998 000	2 761 000	2 998 000	4 864 000
Total Fixed Assets	6 402 000	8 165 000	8 402 000	4 864 000
Stock	0	12 000	12 000	0
Total Investments	0	0	0	0
Cash, Bank	494 000	121 000	71 000	446 000
Total Current Assets	562 000	338 000	395 000	487 000
Total Assets	6 964 000	8 503 000	8 797 000	5 351 000
Total Equity	4 429 000	4 697 000	5 029 000	5 351 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 500 000	3 745 000	3 745 000	0
Creditors	−1 000	12 000	−4 000	0
Unpaid Taxes	32 000	32 000	24 000	0
Dividends	0	0	0	0
Other Current Debt	4 000	17 000	4 000	0
Total Current Debt	35 000	61 000	23 000	0
Total Equity and Debt	6 964 000	8 503 000	8 797 000	5 351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,05 %	−7,07 %	−6,4 %	3,96 %
Debt-to-Equity Ratio	0,56	0,8	0,74	0
Operating Profit Margin	−186,9 %	−192,44 %	−342,71 %	-
Current Ratio	16,06	5,54	17,17	-
Quick Ratio	16,06	6,9	35,91	-
Equity Ratio	0,64	0,55	0,57	1
Gross Profit Margin	100 %	100 %	100 %	-