QTR1 AS

4344 BRYNE

Finances

Share Ownership

Return on Equity

131,85 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0,18

Key figures (NOK)	2020	2019	2018	2017
Revenue	34 565 000	33 992 000	24 970 000	20 612 000
Net Income	−1 391 000	−494 000	−342 000	185 000
Total Assets	6 837 000	8 476 000	7 550 000	6 785 000
Total Equity	−1 055 000	252 000	226 000	517 000

Income (NOK)	2020	2019	2018	2017
Revenue	34 565 000	33 992 000	24 970 000	20 612 000
Expenditure	35 566 000	34 467 000	25 164 000	20 098 000
Operating Profit	−1 000 000	−476 000	−193 000	514 000
Financial Income	78 000	55 000	72 000	90 000
Financial Costs	162 000	206 000	295 000	343 000
Financial Balance	−84 000	−151 000	−223 000	−253 000
Earnings Before Tax	−1 084 000	−628 000	−417 000	262 000
Tax	307 000	−134 000	−75 000	76 000
Net Income	−1 391 000	−494 000	−342 000	185 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	631 000	1 346 000	1 562 000	1 658 000
Total Current Assets	6 206 000	7 130 000	5 988 000	5 127 000
Total Assets	6 837 000	8 476 000	7 550 000	6 785 000
Total Retained Equity	−2 980 000	−1 673 000	−1 699 000	−1 358 000
Total Equity	−1 055 000	252 000	226 000	517 000
Total Long-Term Debt	187 000	380 000	1 018 000	1 314 000
Total Current Debt	7 705 000	7 844 000	6 307 000	4 954 000
Total Equity and Debt	6 837 000	8 476 000	7 550 000	6 785 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	34 564 000	33 594 000	24 575 000	18 994 000
Other Income	1 000	398 000	395 000	1 618 000
Revenue	34 565 000	33 992 000	24 970 000	20 612 000
Cost of Goods Sold	5 510 000	5 247 000	5 946 000	3 355 000
Salary Costs	12 767 000	13 456 000	8 994 000	8 728 000
Depreciation	449 000	301 000	294 000	300 000
Impairment	0	0	0	0
Expenditure	35 566 000	34 467 000	25 164 000	20 098 000
Operating Profit	−1 000 000	−476 000	−193 000	514 000
Financial Income	78 000	55 000	72 000	90 000
Financial Costs	162 000	206 000	295 000	343 000
Financial Balance	−84 000	−151 000	−223 000	−253 000
Dividends	0	0	0	0
Net Income	−1 391 000	−494 000	−342 000	185 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	330 000	294 000	219 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	527 000	41 000	48 000	0
Fixtures	104 000	975 000	1 221 000	1 439 000
Total Tangible Assets	631 000	1 016 000	1 268 000	1 439 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	631 000	1 346 000	1 562 000	1 658 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	471 000	485 000	457 000	478 000
Total Current Assets	6 206 000	7 130 000	5 988 000	5 127 000
Total Assets	6 837 000	8 476 000	7 550 000	6 785 000
Total Equity	−1 055 000	252 000	226 000	517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	187 000	380 000	1 018 000	1 314 000
Creditors	2 003 000	3 461 000	2 792 000	2 170 000
Unpaid Taxes	3 213 000	1 676 000	1 654 000	1 819 000
Dividends	0	0	0	0
Other Current Debt	2 252 000	2 013 000	1 861 000	965 000
Total Current Debt	7 705 000	7 844 000	6 307 000	4 954 000
Total Equity and Debt	6 837 000	8 476 000	7 550 000	6 785 000

Financial indicators	2020	2019	2018	2017
Return on Equity	131,85 %	−196,03 %	−151,33 %	35,78 %
Debt-to-Equity Ratio	−0,18	1,51	4,5	2,54
Operating Profit Margin	−2,89 %	−1,4 %	−0,77 %	2,49 %
Current Ratio	0,81	0,91	0,95	1,03
Quick Ratio	0,81	0,91	0,95	1,03
Equity Ratio	−0,15	0,03	0,03	0,08
Gross Profit Margin	84,06 %	84,56 %	76,19 %	83,72 %