BRÆVASSHYTTA AS

6848 FJÆRLAND

Finances

Return on Equity

20,34 %

Current Ratio

2,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 918 000	1 098 000	1 043 000	2 041 000
Net Income	120 000	−282 000	−85 000	25 000
Total Assets	794 000	580 000	831 000	920 000
Total Equity	590 000	471 000	752 000	837 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 918 000	1 098 000	1 043 000	2 041 000
Expenditure	1 765 000	1 460 000	1 191 000	2 008 000
Operating Profit	153 000	−362 000	−148 000	33 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	153 000	−363 000	−148 000	32 000
Tax	34 000	−81 000	−63 000	7 000
Net Income	120 000	−282 000	−85 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	273 000	302 000	238 000	257 000
Total Current Assets	521 000	278 000	593 000	663 000
Total Assets	794 000	580 000	831 000	920 000
Total Retained Equity	200 000	81 000	362 000	447 000
Total Equity	590 000	471 000	752 000	837 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	204 000	110 000	79 000	83 000
Total Equity and Debt	794 000	580 000	831 000	920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 891 000	1 071 000	962 000	2 041 000
Other Income	27 000	26 000	81 000	0
Revenue	1 918 000	1 098 000	1 043 000	2 041 000
Cost of Goods Sold	818 000	540 000	383 000	882 000
Salary Costs	534 000	482 000	514 000	565 000
Depreciation	11 000	16 000	19 000	22 000
Impairment	0	0	0	0
Expenditure	1 765 000	1 460 000	1 191 000	2 008 000
Operating Profit	153 000	−362 000	−148 000	33 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	120 000	−282 000	−85 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	145 000	178 000	98 000	98 000
Real Eastate	80 000	80 000	80 000	80 000
Machinery and Plant Facilities	9 000	15 000	22 000	32 000
Fixtures	24 000	28 000	38 000	48 000
Total Tangible Assets	113 000	124 000	140 000	159 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	273 000	302 000	238 000	257 000
Stock	74 000	66 000	57 000	88 000
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	409 000	98 000	475 000	535 000
Total Current Assets	521 000	278 000	593 000	663 000
Total Assets	794 000	580 000	831 000	920 000
Total Equity	590 000	471 000	752 000	837 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	16 000	6 000	18 000
Unpaid Taxes	22 000	13 000	31 000	17 000
Dividends	0	0	0	0
Other Current Debt	165 000	81 000	73 000	46 000
Total Current Debt	204 000	110 000	79 000	83 000
Total Equity and Debt	794 000	580 000	831 000	920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,34 %	−59,87 %	−11,3 %	2,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,98 %	−32,97 %	−14,19 %	1,62 %
Current Ratio	2,55	2,53	7,51	7,99
Quick Ratio	4,01	6,32	26,95	−132,6
Equity Ratio	0,74	0,81	0,9	0,91
Gross Profit Margin	57,35 %	50,82 %	63,28 %	56,79 %