BRANDMAN AS

4005 STAVANGER

Finances

Return on Equity

−129,58 %

Current Ratio

Debt-to-Equity Ratio

2,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 000	80 000	50 000	0
Net Income	−2 909 000	948 000	4 034 000	1 740 000
Total Assets	9 611 000	13 768 000	14 742 000	16 339 000
Total Equity	2 245 000	5 776 000	6 607 000	5 019 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 000	80 000	50 000	0
Expenditure	67 000	33 000	75 000	35 000
Operating Profit	−42 000	47 000	−25 000	−35 000
Financial Income	1 000	985 000	4 132 000	1 775 000
Financial Costs	2 868 000	83 000	72 000	0
Financial Balance	−2 867 000	902 000	4 060 000	1 775 000
Earnings Before Tax	−2 909 000	948 000	4 034 000	1 740 000
Tax	0	0	0	0
Net Income	−2 909 000	948 000	4 034 000	1 740 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 610 000	12 785 000	13 618 000	14 608 000
Total Current Assets	2 000	983 000	1 123 000	1 731 000
Total Assets	9 611 000	13 768 000	14 742 000	16 339 000
Total Retained Equity	2 117 000	5 648 000	6 479 000	4 891 000
Total Equity	2 245 000	5 776 000	6 607 000	5 019 000
Total Long-Term Debt	5 910 000	0	0	0
Total Current Debt	1 456 000	7 992 000	8 134 000	11 320 000
Total Equity and Debt	9 611 000	13 768 000	14 742 000	16 339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	25 000	80 000	50 000	0
Revenue	25 000	80 000	50 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	67 000	33 000	75 000	35 000
Operating Profit	−42 000	47 000	−25 000	−35 000
Financial Income	1 000	985 000	4 132 000	1 775 000
Financial Costs	2 868 000	83 000	72 000	0
Financial Balance	−2 867 000	902 000	4 060 000	1 775 000
Dividends	0	490 000	1 000 000	1 000 000
Net Income	−2 909 000	948 000	4 034 000	1 740 000

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	0	0	0	0
Fixtures	1 110 000	1 110 000	1 203 000	1 203 000
Total Tangible Assets	1 110 000	1 110 000	1 203 000	1 203 000
Total Fiancial Fixed Assets	8 500 000	11 676 000	12 415 000	13 405 000
Total Fixed Assets	9 610 000	12 785 000	13 618 000	14 608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	5 000
Total Current Assets	2 000	983 000	1 123 000	1 731 000
Total Assets	9 611 000	13 768 000	14 742 000	16 339 000
Total Equity	2 245 000	5 776 000	6 607 000	5 019 000
Short-Term Group Debt	332 000	0	0	0
Total Long-Term Debt	5 910 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	490 000	1 000 000	1 000 000
Other Current Debt	0	0	0	0
Total Current Debt	1 456 000	7 992 000	8 134 000	11 320 000
Total Equity and Debt	9 611 000	13 768 000	14 742 000	16 339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−129,58 %	16,41 %	61,06 %	34,67 %
Debt-to-Equity Ratio	2,63	0	0	0
Operating Profit Margin	−168 %	58,75 %	−50 %	-
Current Ratio	0	0,12	0,14	0,15
Quick Ratio	0	0,12	0,14	0,15
Equity Ratio	0,23	0,42	0,45	0,31
Gross Profit Margin	100 %	100 %	100 %	-