BRAVE GRUPPEN AS

4877 GRIMSTAD

Finances

Return on Equity

96,64 %

Current Ratio

14,04

Debt-to-Equity Ratio

1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 846 000	1 891 000	1 472 000	1 899 000
Net Income	25 874 000	2 306 000	1 100 000	522 000
Total Assets	66 218 000	67 356 000	66 592 000	67 490 000
Total Equity	26 774 000	8 651 000	8 845 000	8 803 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 846 000	1 891 000	1 472 000	1 899 000
Expenditure	2 673 000	2 246 000	1 935 000	2 598 000
Operating Profit	−827 000	−354 000	−462 000	−699 000
Financial Income	28 933 000	4 809 000	3 475 000	3 141 000
Financial Costs	1 905 000	1 498 000	1 603 000	1 771 000
Financial Balance	27 028 000	3 311 000	1 872 000	1 370 000
Earnings Before Tax	26 201 000	2 956 000	1 410 000	670 000
Tax	328 000	650 000	310 000	148 000
Net Income	25 874 000	2 306 000	1 100 000	522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 693 000	60 665 000	62 389 000	63 657 000
Total Current Assets	41 525 000	6 690 000	4 202 000	3 832 000
Total Assets	66 218 000	67 356 000	66 592 000	67 490 000
Total Retained Equity	25 964 000	7 841 000	8 035 000	7 993 000
Total Equity	26 774 000	8 651 000	8 845 000	8 803 000
Total Long-Term Debt	36 486 000	52 220 000	48 793 000	49 771 000
Total Current Debt	2 957 000	6 485 000	8 954 000	8 916 000
Total Equity and Debt	66 218 000	67 356 000	66 592 000	67 490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 846 000	1 891 000	1 472 000	1 899 000
Other Income	0	0	0	0
Revenue	1 846 000	1 891 000	1 472 000	1 899 000
Cost of Goods Sold	0	0	0	417 000
Salary Costs	2 158 000	1 918 000	1 627 000	1 914 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 673 000	2 246 000	1 935 000	2 598 000
Operating Profit	−827 000	−354 000	−462 000	−699 000
Financial Income	28 933 000	4 809 000	3 475 000	3 141 000
Financial Costs	1 905 000	1 498 000	1 603 000	1 771 000
Financial Balance	27 028 000	3 311 000	1 872 000	1 370 000
Dividends	7 750 000	2 500 000	750 000	150 000
Net Income	25 874 000	2 306 000	1 100 000	522 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 895 000	1 895 000	1 895 000	1 895 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 895 000	1 895 000	1 895 000	1 895 000
Total Fiancial Fixed Assets	22 799 000	58 771 000	60 494 000	61 763 000
Total Fixed Assets	24 693 000	60 665 000	62 389 000	63 657 000
Stock	150 000	150 000	150 000	0
Total Investments	0	0	0	0
Cash, Bank	30 674 000	1 173 000	496 000	832 000
Total Current Assets	41 525 000	6 690 000	4 202 000	3 832 000
Total Assets	66 218 000	67 356 000	66 592 000	67 490 000
Total Equity	26 774 000	8 651 000	8 845 000	8 803 000
Short-Term Group Debt	1 758 000	2 741 000	3 326 000	3 047 000
Total Long-Term Debt	36 486 000	52 220 000	48 793 000	49 771 000
Creditors	14 000	19 000	12 000	23 000
Unpaid Taxes	218 000	244 000	195 000	142 000
Dividends	7 750 000	2 500 000	750 000	150 000
Other Current Debt	640 000	331 000	4 447 000	5 489 000
Total Current Debt	2 957 000	6 485 000	8 954 000	8 916 000
Total Equity and Debt	66 218 000	67 356 000	66 592 000	67 490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,64 %	26,66 %	12,44 %	5,93 %
Debt-to-Equity Ratio	1,36	6,04	5,52	5,65
Operating Profit Margin	−44,8 %	−18,72 %	−31,39 %	−36,81 %
Current Ratio	14,04	1,03	0,47	0,43
Quick Ratio	14,79	1,06	0,48	0,43
Equity Ratio	0,4	0,13	0,13	0,13
Gross Profit Margin	100 %	100 %	100 %	78,04 %