FACTORING FINANS, ET DATTERSELSKAP AV BRAGE FINANS AS

7050 TRONDHEIM

Finances

Share Ownership

Return on Equity

−11,8 %

Current Ratio

1,67

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 926 000	8 851 000	5 748 000	6 452 000
Net Income	−9 925 000	−8 796 000	−8 846 000	−7 450 000
Total Assets	205 346 000	131 112 000	91 191 000	44 156 000
Total Equity	84 137 000	94 062 000	83 926 000	40 059 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 926 000	8 851 000	5 748 000	6 452 000
Expenditure	22 423 000	17 414 000	14 764 000	14 160 000
Operating Profit	−8 498 000	−8 563 000	−9 016 000	−7 708 000
Financial Income	1 158 000	130 000	182 000	270 000
Financial Costs	2 585 000	362 000	12 000	11 000
Financial Balance	−1 427 000	−232 000	170 000	259 000
Earnings Before Tax	−9 925 000	−8 796 000	−8 846 000	−7 450 000
Tax	0	0	0	0
Net Income	−9 925 000	−8 796 000	−8 846 000	−7 450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 156 000	2 817 000	707 000	517 000
Total Current Assets	201 190 000	128 295 000	90 483 000	43 640 000
Total Assets	205 346 000	131 112 000	91 191 000	44 156 000
Total Retained Equity	−45 170 000	−35 245 000	−26 450 000	−17 527 000
Total Equity	84 137 000	94 062 000	83 926 000	40 059 000
Total Long-Term Debt	445 000	856 000	0	0
Total Current Debt	120 764 000	36 194 000	7 265 000	4 098 000
Total Equity and Debt	205 346 000	131 112 000	91 191 000	44 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	71 000	44 000	0
Other Income	13 883 000	8 780 000	5 704 000	6 452 000
Revenue	13 926 000	8 851 000	5 748 000	6 452 000
Cost of Goods Sold	267 000	448 000	202 000	201 000
Salary Costs	12 136 000	10 234 000	9 065 000	6 595 000
Depreciation	1 311 000	701 000	471 000	326 000
Impairment	0	0	0	0
Expenditure	22 423 000	17 414 000	14 764 000	14 160 000
Operating Profit	−8 498 000	−8 563 000	−9 016 000	−7 708 000
Financial Income	1 158 000	130 000	182 000	270 000
Financial Costs	2 585 000	362 000	12 000	11 000
Financial Balance	−1 427 000	−232 000	170 000	259 000
Dividends	0	0	0	0
Net Income	−9 925 000	−8 796 000	−8 846 000	−7 450 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 600 000	1 902 000	539 000	275 000
Real Eastate	436 000	856 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	120 000	59 000	168 000	226 000
Total Tangible Assets	556 000	915 000	168 000	226 000
Total Fiancial Fixed Assets	0	0	0	15 000
Total Fixed Assets	4 156 000	2 817 000	707 000	517 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 850 000	61 526 000	51 677 000	27 788 000
Total Current Assets	201 190 000	128 295 000	90 483 000	43 640 000
Total Assets	205 346 000	131 112 000	91 191 000	44 156 000
Total Equity	84 137 000	94 062 000	83 926 000	40 059 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	445 000	856 000	0	0
Creditors	1 295 000	840 000	573 000	474 000
Unpaid Taxes	775 000	666 000	668 000	596 000
Dividends	0	0	0	0
Other Current Debt	118 694 000	34 688 000	6 023 000	3 027 000
Total Current Debt	120 764 000	36 194 000	7 265 000	4 098 000
Total Equity and Debt	205 346 000	131 112 000	91 191 000	44 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,8 %	−9,35 %	−10,54 %	−18,6 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	−61,02 %	−96,75 %	−156,85 %	−119,47 %
Current Ratio	1,67	3,54	12,45	10,65
Quick Ratio	1,67	3,54	12,45	10,65
Equity Ratio	0,41	0,72	0,92	0,91
Gross Profit Margin	98,08 %	94,94 %	96,49 %	96,88 %