BROTHERS AS

6700 MÅLØY

Finances

Return on Equity

0,96 %

Current Ratio

9,64

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 205 000	338 000	760 000	259 000
Net Income	1 296 000	29 334 000	36 784 000	−11 134 000
Total Assets	160 641 000	162 566 000	151 111 000	114 236 000
Total Equity	134 307 000	136 011 000	123 990 000	87 206 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 205 000	338 000	760 000	259 000
Expenditure	2 594 000	998 000	−10 444 000	13 130 000
Operating Profit	−1 390 000	−660 000	11 204 000	−12 872 000
Financial Income	3 860 000	30 581 000	25 648 000	2 148 000
Financial Costs	1 004 000	269 000	1 000	0
Financial Balance	2 856 000	30 312 000	25 647 000	2 148 000
Earnings Before Tax	1 466 000	29 653 000	36 851 000	−10 724 000
Tax	170 000	319 000	68 000	411 000
Net Income	1 296 000	29 334 000	36 784 000	−11 134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 421 000	79 667 000	98 257 000	85 610 000
Total Current Assets	65 220 000	82 899 000	52 855 000	28 626 000
Total Assets	160 641 000	162 566 000	151 111 000	114 236 000
Total Retained Equity	105 177 000	106 881 000	68 460 000	5 229 000
Total Equity	134 307 000	136 011 000	123 990 000	87 206 000
Total Long-Term Debt	19 568 000	20 722 000	3 222 000	792 000
Total Current Debt	6 766 000	5 832 000	23 899 000	26 238 000
Total Equity and Debt	160 641 000	162 566 000	151 111 000	114 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 205 000	338 000	760 000	259 000
Other Income	0	0	0	0
Revenue	1 205 000	338 000	760 000	259 000
Cost of Goods Sold	191 000	150 000	169 000	129 000
Salary Costs	844 000	381 000	653 000	505 000
Depreciation	0	0	0	0
Impairment	0	26 000	64 000	102 000
Expenditure	2 594 000	998 000	−10 444 000	13 130 000
Operating Profit	−1 390 000	−660 000	11 204 000	−12 872 000
Financial Income	3 860 000	30 581 000	25 648 000	2 148 000
Financial Costs	1 004 000	269 000	1 000	0
Financial Balance	2 856 000	30 312 000	25 647 000	2 148 000
Dividends	0	0	0	20 430 000
Net Income	1 296 000	29 334 000	36 784 000	−11 134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	21 000	22 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	26 000	91 000
Total Tangible Assets	0	0	26 000	91 000
Total Fiancial Fixed Assets	95 404 000	79 646 000	98 209 000	85 504 000
Total Fixed Assets	95 421 000	79 667 000	98 257 000	85 610 000
Stock	0	0	0	0
Total Investments	625 000	691 000	620 000	599 000
Cash, Bank	63 724 000	80 937 000	51 770 000	26 014 000
Total Current Assets	65 220 000	82 899 000	52 855 000	28 626 000
Total Assets	160 641 000	162 566 000	151 111 000	114 236 000
Total Equity	134 307 000	136 011 000	123 990 000	87 206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 568 000	20 722 000	3 222 000	792 000
Creditors	426 000	19 000	188 000	84 000
Unpaid Taxes	96 000	84 000	26 000	56 000
Dividends	0	0	0	20 430 000
Other Current Debt	6 245 000	5 561 000	23 685 000	26 098 000
Total Current Debt	6 766 000	5 832 000	23 899 000	26 238 000
Total Equity and Debt	160 641 000	162 566 000	151 111 000	114 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,96 %	21,57 %	29,67 %	−12,77 %
Debt-to-Equity Ratio	0,15	0,15	0,03	0,01
Operating Profit Margin	−115,35 %	−195,27 %	1 474,21 %	−4 969,88 %
Current Ratio	9,64	14,21	2,21	1,09
Quick Ratio	9,64	14,21	2,21	1,09
Equity Ratio	0,84	0,84	0,82	0,76
Gross Profit Margin	84,15 %	55,62 %	77,76 %	50,19 %