BREMSETH VVS AS

7517 HELL

Finances

Return on Equity

22,91 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 165 000	6 302 000	5 190 000	4 864 000
Net Income	252 000	30 000	238 000	118 000
Total Assets	2 425 000	2 391 000	1 702 000	1 666 000
Total Equity	1 100 000	741 000	610 000	372 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 165 000	6 302 000	5 190 000	4 864 000
Expenditure	5 792 000	6 257 000	4 901 000	4 693 000
Operating Profit	373 000	45 000	289 000	170 000
Financial Income	0	4 000	3 000	1 000
Financial Costs	55 000	48 000	54 000	53 000
Financial Balance	−55 000	−44 000	−51 000	−52 000
Earnings Before Tax	318 000	1 000	238 000	118 000
Tax	67 000	−29 000	0	0
Net Income	252 000	30 000	238 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	66 000	108 000	166 000
Total Current Assets	2 366 000	2 325 000	1 595 000	1 501 000
Total Assets	2 425 000	2 391 000	1 702 000	1 666 000
Total Retained Equity	−323 000	−359 000	−490 000	−728 000
Total Equity	1 100 000	741 000	610 000	372 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 325 000	1 650 000	1 092 000	1 294 000
Total Equity and Debt	2 425 000	2 391 000	1 702 000	1 666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 162 000	6 301 000	5 190 000	4 864 000
Other Income	2 000	1 000	0	0
Revenue	6 165 000	6 302 000	5 190 000	4 864 000
Cost of Goods Sold	2 411 000	2 665 000	1 891 000	1 527 000
Salary Costs	2 254 000	2 411 000	2 223 000	2 287 000
Depreciation	7 000	7 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	5 792 000	6 257 000	4 901 000	4 693 000
Operating Profit	373 000	45 000	289 000	170 000
Financial Income	0	4 000	3 000	1 000
Financial Costs	55 000	48 000	54 000	53 000
Financial Balance	−55 000	−44 000	−51 000	−52 000
Dividends	0	0	0	0
Net Income	252 000	30 000	238 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 000	20 000	23 000	25 000
Machinery and Plant Facilities	22 000	27 000	31 000	35 000
Fixtures	0	0	0	4 000
Total Tangible Assets	39 000	46 000	54 000	64 000
Total Fiancial Fixed Assets	20 000	20 000	54 000	102 000
Total Fixed Assets	59 000	66 000	108 000	166 000
Stock	830 000	671 000	703 000	737 000
Total Investments	0	0	0	0
Cash, Bank	120 000	23 000	1 000	5 000
Total Current Assets	2 366 000	2 325 000	1 595 000	1 501 000
Total Assets	2 425 000	2 391 000	1 702 000	1 666 000
Total Equity	1 100 000	741 000	610 000	372 000
Short-Term Group Debt	434 000	363 000	60 000	86 000
Total Long-Term Debt	0	0	0	0
Creditors	92 000	422 000	−133 000	270 000
Unpaid Taxes	528 000	247 000	315 000	313 000
Dividends	0	0	0	0
Other Current Debt	266 000	414 000	474 000	443 000
Total Current Debt	1 325 000	1 650 000	1 092 000	1 294 000
Total Equity and Debt	2 425 000	2 391 000	1 702 000	1 666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,91 %	4,05 %	39,02 %	31,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,05 %	0,71 %	5,57 %	3,5 %
Current Ratio	1,79	1,41	1,46	1,16
Quick Ratio	4,78	2,37	4,1	2,69
Equity Ratio	0,45	0,31	0,36	0,22
Gross Profit Margin	60,89 %	57,71 %	63,56 %	68,61 %