ØIVIND BRÅTHEN AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

33,84 %

Current Ratio

0,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 570 000	18 486 000	20 526 000	18 775 000
Net Income	244 000	2 000	−759 000	−4 349 000
Total Assets	5 049 000	6 292 000	4 863 000	11 972 000
Total Equity	721 000	477 000	475 000	2 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 570 000	18 486 000	20 526 000	18 775 000
Expenditure	16 268 000	18 460 000	21 263 000	23 319 000
Operating Profit	−698 000	26 000	−737 000	−4 544 000
Financial Income	0	0	2 000	1 000
Financial Costs	31 000	25 000	24 000	239 000
Financial Balance	−31 000	−25 000	−22 000	−238 000
Earnings Before Tax	−729 000	2 000	−759 000	−4 783 000
Tax	−973 000	0	0	−434 000
Net Income	244 000	2 000	−759 000	−4 349 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 010 000	0	0	7 238 000
Total Current Assets	4 040 000	6 292 000	4 863 000	4 735 000
Total Assets	5 049 000	6 292 000	4 863 000	11 972 000
Total Retained Equity	251 000	7 000	5 000	−507 000
Total Equity	721 000	477 000	475 000	2 103 000
Total Long-Term Debt	0	0	0	4 935 000
Total Current Debt	4 329 000	5 815 000	4 388 000	4 935 000
Total Equity and Debt	5 049 000	6 292 000	4 863 000	11 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 111 000	18 478 000	20 101 000	17 914 000
Other Income	459 000	8 000	425 000	861 000
Revenue	15 570 000	18 486 000	20 526 000	18 775 000
Cost of Goods Sold	3 854 000	5 368 000	6 470 000	4 439 000
Salary Costs	4 700 000	5 534 000	6 511 000	8 074 000
Depreciation	4 000	0	0	1 453 000
Impairment	0	0	0	0
Expenditure	16 268 000	18 460 000	21 263 000	23 319 000
Operating Profit	−698 000	26 000	−737 000	−4 544 000
Financial Income	0	0	2 000	1 000
Financial Costs	31 000	25 000	24 000	239 000
Financial Balance	−31 000	−25 000	−22 000	−238 000
Dividends	0	0	0	0
Net Income	244 000	2 000	−759 000	−4 349 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	973 000	0	0	0
Real Eastate	0	0	0	328 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	0	0	5 099 000
Total Tangible Assets	37 000	0	0	5 428 000
Total Fiancial Fixed Assets	0	0	0	1 810 000
Total Fixed Assets	1 010 000	0	0	7 238 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	679 000	1 547 000	758 000	476 000
Total Current Assets	4 040 000	6 292 000	4 863 000	4 735 000
Total Assets	5 049 000	6 292 000	4 863 000	11 972 000
Total Equity	721 000	477 000	475 000	2 103 000
Short-Term Group Debt	1 186 000	731 000	75 000	16 000
Total Long-Term Debt	0	0	0	4 935 000
Creditors	619 000	2 136 000	1 499 000	2 135 000
Unpaid Taxes	658 000	1 058 000	571 000	610 000
Dividends	0	0	0	0
Other Current Debt	1 866 000	1 889 000	2 243 000	2 175 000
Total Current Debt	4 329 000	5 815 000	4 388 000	4 935 000
Total Equity and Debt	5 049 000	6 292 000	4 863 000	11 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,84 %	0,42 %	−159,79 %	−206,8 %
Debt-to-Equity Ratio	0	0	0	2,35
Operating Profit Margin	−4,48 %	0,14 %	−3,59 %	−24,2 %
Current Ratio	0,93	1,08	1,11	0,96
Quick Ratio	0,93	1,08	1,11	0,96
Equity Ratio	0,14	0,08	0,1	0,18
Gross Profit Margin	75,25 %	70,96 %	68,48 %	76,36 %