BRANKO HECIMOVIC AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

41,86 %

Current Ratio

0,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	570 000	493 000	467 000	516 000
Net Income	72 000	76 000	−11 000	−24 000
Total Assets	278 000	187 000	130 000	178 000
Total Equity	172 000	100 000	24 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	570 000	493 000	467 000	516 000
Expenditure	474 000	394 000	478 000	547 000
Operating Profit	97 000	99 000	−12 000	−29 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	2 000	2 000
Financial Balance	−4 000	−2 000	−2 000	−2 000
Earnings Before Tax	93 000	97 000	−14 000	−31 000
Tax	21 000	21 000	−3 000	−7 000
Net Income	72 000	76 000	−11 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	16 000	47 000	47 000
Total Current Assets	54 000	172 000	83 000	131 000
Total Assets	278 000	187 000	130 000	178 000
Total Retained Equity	142 000	70 000	−6 000	5 000
Total Equity	172 000	100 000	24 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	106 000	87 000	106 000	143 000
Total Equity and Debt	278 000	187 000	130 000	178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	552 000	493 000	467 000	516 000
Other Income	18 000	0	0	0
Revenue	570 000	493 000	467 000	516 000
Cost of Goods Sold	0	0	1 000	1 000
Salary Costs	241 000	211 000	281 000	341 000
Depreciation	30 000	10 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	474 000	394 000	478 000	547 000
Operating Profit	97 000	99 000	−12 000	−29 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	2 000	2 000
Financial Balance	−4 000	−2 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	72 000	76 000	−11 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	16 000	37 000	34 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	221 000	0	10 000	13 000
Total Tangible Assets	221 000	0	10 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	225 000	16 000	47 000	47 000
Stock	0	0	0	2 000
Total Investments	0	0	0	0
Cash, Bank	38 000	127 000	83 000	130 000
Total Current Assets	54 000	172 000	83 000	131 000
Total Assets	278 000	187 000	130 000	178 000
Total Equity	172 000	100 000	24 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	3 000	3 000	9 000
Unpaid Taxes	72 000	61 000	64 000	74 000
Dividends	0	0	0	0
Other Current Debt	25 000	22 000	39 000	61 000
Total Current Debt	106 000	87 000	106 000	143 000
Total Equity and Debt	278 000	187 000	130 000	178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,86 %	76 %	−45,83 %	−68,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,02 %	20,08 %	−2,57 %	−5,62 %
Current Ratio	0,51	1,98	0,78	0,92
Quick Ratio	0,51	1,98	0,78	0,93
Equity Ratio	0,62	0,53	0,18	0,2
Gross Profit Margin	100 %	100 %	99,79 %	99,81 %