BRAVE INVEST AS

5451 VALEN

Finances

Share Ownership

Return on Equity

−3,46 %

Current Ratio

300,2

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−50 000	−11 000	−4 000	−33 000
Total Assets	1 501 000	2 474 000	2 455 000	2 384 000
Total Equity	1 445 000	1 494 000	1 464 000	1 419 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	12 000	14 000	13 000	20 000
Operating Profit	−12 000	−14 000	−13 000	−20 000
Financial Income	0	0	13 000	0
Financial Costs	4 000	0	14 000	13 000
Financial Balance	−4 000	0	−1 000	−13 000
Earnings Before Tax	−16 000	−14 000	−14 000	−33 000
Tax	34 000	−3 000	−10 000	0
Net Income	−50 000	−11 000	−4 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	920 000	955 000	884 000
Total Current Assets	1 501 000	1 553 000	1 500 000	1 500 000
Total Assets	1 501 000	2 474 000	2 455 000	2 384 000
Total Retained Equity	469 000	519 000	530 000	534 000
Total Equity	1 445 000	1 494 000	1 464 000	1 419 000
Total Long-Term Debt	51 000	974 000	986 000	959 000
Total Current Debt	5 000	5 000	5 000	5 000
Total Equity and Debt	1 501 000	2 474 000	2 455 000	2 384 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	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	12 000	14 000	13 000	20 000
Operating Profit	−12 000	−14 000	−13 000	−20 000
Financial Income	0	0	13 000	0
Financial Costs	4 000	0	14 000	13 000
Financial Balance	−4 000	0	−1 000	−13 000
Dividends	0	0	0	0
Net Income	−50 000	−11 000	−4 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	34 000	42 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	887 000	913 000	838 000
Total Fixed Assets	0	920 000	955 000	884 000
Stock	1 500 000	1 500 000	1 500 000	1 500 000
Total Investments	0	0	0	0
Cash, Bank	1 000	0	0	0
Total Current Assets	1 501 000	1 553 000	1 500 000	1 500 000
Total Assets	1 501 000	2 474 000	2 455 000	2 384 000
Total Equity	1 445 000	1 494 000	1 464 000	1 419 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	974 000	986 000	959 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	5 000	5 000
Total Current Debt	5 000	5 000	5 000	5 000
Total Equity and Debt	1 501 000	2 474 000	2 455 000	2 384 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,46 %	−0,74 %	−0,27 %	−2,33 %
Debt-to-Equity Ratio	0,04	0,65	0,67	0,68
Operating Profit Margin	-	-	-	-
Current Ratio	300,2	310,6	300	300
Quick Ratio	−1	−1,04	−1	−1
Equity Ratio	0,96	0,6	0,6	0,6
Gross Profit Margin	-	-	-	-