IVAR BRÅTHEN MEKANISKE AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

−32,63 %

Current Ratio

2,26

Debt-to-Equity Ratio

1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 456 000	61 929 000	48 610 000	50 001 000
Net Income	−2 184 000	994 000	−150 000	551 000
Total Assets	22 287 000	27 917 000	23 346 000	25 231 000
Total Equity	6 694 000	8 877 000	7 884 000	8 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 456 000	61 929 000	48 610 000	50 001 000
Expenditure	62 600 000	60 346 000	48 424 000	48 894 000
Operating Profit	−2 144 000	1 583 000	184 000	1 107 000
Financial Income	32 000	25 000	19 000	19 000
Financial Costs	400 000	334 000	395 000	421 000
Financial Balance	−368 000	−309 000	−376 000	−402 000
Earnings Before Tax	−2 513 000	1 274 000	−192 000	706 000
Tax	−329 000	280 000	−42 000	156 000
Net Income	−2 184 000	994 000	−150 000	551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 228 000	2 951 000	6 023 000	7 389 000
Total Current Assets	19 060 000	24 967 000	17 324 000	17 843 000
Total Assets	22 287 000	27 917 000	23 346 000	25 231 000
Total Retained Equity	4 994 000	7 177 000	6 184 000	6 334 000
Total Equity	6 694 000	8 877 000	7 884 000	8 034 000
Total Long-Term Debt	7 150 000	8 314 000	8 924 000	8 177 000
Total Current Debt	8 444 000	10 726 000	6 539 000	9 020 000
Total Equity and Debt	22 287 000	27 917 000	23 346 000	25 231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 505 000	61 870 000	48 125 000	49 671 000
Other Income	−1 049 000	59 000	485 000	330 000
Revenue	60 456 000	61 929 000	48 610 000	50 001 000
Cost of Goods Sold	20 314 000	19 635 000	14 803 000	11 557 000
Salary Costs	27 355 000	26 533 000	23 120 000	22 173 000
Depreciation	709 000	1 185 000	1 366 000	1 365 000
Impairment	0	0	0	0
Expenditure	62 600 000	60 346 000	48 424 000	48 894 000
Operating Profit	−2 144 000	1 583 000	184 000	1 107 000
Financial Income	32 000	25 000	19 000	19 000
Financial Costs	400 000	334 000	395 000	421 000
Financial Balance	−368 000	−309 000	−376 000	−402 000
Dividends	0	0	0	0
Net Income	−2 184 000	994 000	−150 000	551 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 140 000	2 833 000	5 866 000	7 203 000
Fixtures	88 000	118 000	157 000	186 000
Total Tangible Assets	3 228 000	2 951 000	6 023 000	7 389 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 228 000	2 951 000	6 023 000	7 389 000
Stock	5 326 000	6 972 000	10 766 000	11 786 000
Total Investments	0	0	0	0
Cash, Bank	4 563 000	8 137 000	5 665 000	3 939 000
Total Current Assets	19 060 000	24 967 000	17 324 000	17 843 000
Total Assets	22 287 000	27 917 000	23 346 000	25 231 000
Total Equity	6 694 000	8 877 000	7 884 000	8 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 150 000	8 314 000	8 924 000	8 177 000
Creditors	2 150 000	4 598 000	1 376 000	2 646 000
Unpaid Taxes	3 495 000	2 965 000	2 938 000	2 498 000
Dividends	0	0	0	0
Other Current Debt	2 799 000	2 780 000	2 225 000	3 712 000
Total Current Debt	8 444 000	10 726 000	6 539 000	9 020 000
Total Equity and Debt	22 287 000	27 917 000	23 346 000	25 231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,63 %	11,2 %	−1,9 %	6,86 %
Debt-to-Equity Ratio	1,07	0,94	1,13	1,02
Operating Profit Margin	−3,55 %	2,56 %	0,38 %	2,21 %
Current Ratio	2,26	2,33	2,65	1,98
Quick Ratio	6,11	6,65	−4,1	−6,45
Equity Ratio	0,3	0,32	0,34	0,32
Gross Profit Margin	66,4 %	68,29 %	69,55 %	76,89 %