NORBRANN AS

1542 VESTBY

Finances

Share Ownership

Return on Equity

10,5 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 638 000	2 473 000	2 364 000	2 846 000
Net Income	−40 000	−90 000	−234 000	−19 000
Total Assets	549 000	758 000	925 000	1 010 000
Total Equity	−381 000	−341 000	−252 000	−18 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 638 000	2 473 000	2 364 000	2 846 000
Expenditure	2 634 000	2 523 000	2 558 000	2 832 000
Operating Profit	4 000	−50 000	−193 000	14 000
Financial Income	0	0	0	0
Financial Costs	44 000	39 000	41 000	33 000
Financial Balance	−44 000	−39 000	−41 000	−33 000
Earnings Before Tax	−40 000	−90 000	−234 000	−19 000
Tax	0	0	0	0
Net Income	−40 000	−90 000	−234 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 000	301 000	444 000	497 000
Total Current Assets	372 000	457 000	481 000	514 000
Total Assets	549 000	758 000	925 000	1 010 000
Total Retained Equity	−481 000	−441 000	−352 000	−118 000
Total Equity	−381 000	−341 000	−252 000	−18 000
Total Long-Term Debt	373 000	422 000	471 000	517 000
Total Current Debt	557 000	677 000	706 000	511 000
Total Equity and Debt	549 000	758 000	925 000	1 010 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 589 000	2 469 000	2 332 000	2 830 000
Other Income	49 000	4 000	32 000	16 000
Revenue	2 638 000	2 473 000	2 364 000	2 846 000
Cost of Goods Sold	508 000	559 000	759 000	1 109 000
Salary Costs	907 000	1 018 000	845 000	995 000
Depreciation	122 000	137 000	132 000	117 000
Impairment	0	0	0	0
Expenditure	2 634 000	2 523 000	2 558 000	2 832 000
Operating Profit	4 000	−50 000	−193 000	14 000
Financial Income	0	0	0	0
Financial Costs	44 000	39 000	41 000	33 000
Financial Balance	−44 000	−39 000	−41 000	−33 000
Dividends	0	0	0	0
Net Income	−40 000	−90 000	−234 000	−19 000

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	29 000	40 000	52 000	0
Fixtures	120 000	231 000	356 000	481 000
Total Tangible Assets	148 000	271 000	408 000	481 000
Total Fiancial Fixed Assets	30 000	30 000	36 000	16 000
Total Fixed Assets	178 000	301 000	444 000	497 000
Stock	91 000	76 000	57 000	84 000
Total Investments	0	0	0	0
Cash, Bank	21 000	23 000	40 000	118 000
Total Current Assets	372 000	457 000	481 000	514 000
Total Assets	549 000	758 000	925 000	1 010 000
Total Equity	−381 000	−341 000	−252 000	−18 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	373 000	422 000	471 000	517 000
Creditors	92 000	182 000	147 000	157 000
Unpaid Taxes	163 000	234 000	265 000	230 000
Dividends	0	0	0	0
Other Current Debt	108 000	261 000	294 000	124 000
Total Current Debt	557 000	677 000	706 000	511 000
Total Equity and Debt	549 000	758 000	925 000	1 010 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,5 %	26,39 %	92,86 %	105,56 %
Debt-to-Equity Ratio	−0,98	−1,24	−1,87	−28,72
Operating Profit Margin	0,15 %	−2,02 %	−8,16 %	0,49 %
Current Ratio	0,67	0,68	0,68	1,01
Quick Ratio	0,8	0,76	0,74	1,2
Equity Ratio	−0,69	−0,45	−0,27	−0,02
Gross Profit Margin	80,74 %	77,4 %	67,89 %	61,03 %