BRAGE FINANS AS

5011 BERGEN

Finances

Return on Equity

9,23 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	564 205 000	454 517 000	400 066 000	303 059 000
Net Income	278 089 000	216 406 000	168 627 000	121 382 000
Total Assets	20 966 565 000	17 364 388 000	14 758 780 000	12 462 185 000
Total Equity	3 014 270 000	2 339 224 000	2 130 924 000	1 800 651 000

Income (NOK)	2022	2021	2020	2019
Revenue	564 205 000	454 517 000	400 066 000	303 059 000
Expenditure	153 272 000	88 227 000	109 624 000	105 241 000
Operating Profit	410 933 000	328 026 000	290 442 000	197 819 000
Financial Income	0	0	0	0
Financial Costs	45 614 000	0	68 776 000	29 587 000
Financial Balance	−45 614 000	0	−68 776 000	−29 587 000
Earnings Before Tax	365 319 000	286 314 000	221 666 000	168 231 000
Tax	−87 230 000	−69 908 000	−53 039 000	46 849 000
Net Income	278 089 000	216 406 000	168 627 000	121 382 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	191 736 000	164 540 000	60 496 000	86 406 000
Total Current Assets	20 493 516 000	17 072 772 000	14 266 688 000	12 359 452 000
Total Assets	20 966 565 000	17 364 388 000	14 758 780 000	12 462 185 000
Total Retained Equity	929 211 000	664 166 000	455 866 000	300 592 000
Total Equity	3 014 270 000	2 339 224 000	2 130 924 000	1 800 651 000
Total Long-Term Debt	758 236 000	564 135 000	454 254 000	504 868 000
Total Current Debt	17 143 481 000	14 424 020 000	12 165 335 000	10 156 667 000
Total Equity and Debt	20 966 566 000	17 364 388 000	14 758 779 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	564 205 000	454 517 000	400 066 000	303 059 000
Cost of Goods Sold	0	0	0	0
Salary Costs	98 460 000	82 327 000	69 036 000	68 362 000
Depreciation	20 001 000	−19 132 000	14 328 000	11 062 000
Impairment	0	0	0	0
Expenditure	153 272 000	88 227 000	109 624 000	105 241 000
Operating Profit	410 933 000	328 026 000	290 442 000	197 819 000
Financial Income	0	0	0	0
Financial Costs	45 614 000	0	68 776 000	29 587 000
Financial Balance	−45 614 000	0	−68 776 000	−29 587 000
Dividends	0	0	0	0
Net Income	278 089 000	216 406 000	168 627 000	121 382 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 245 000	37 472 000	32 939 000	31 008 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	2 960 000
Total Tangible Assets	35 026 000	31 378 000	2 496 000	34 920 000
Total Fiancial Fixed Assets	115 465 000	95 690 000	25 061 000	20 478 000
Total Fixed Assets	191 736 000	164 540 000	60 496 000	86 406 000
Stock	0	0	0	0
Total Investments	118 505 000	117 214 000	116 884 000	121 415 000
Cash, Bank	0	0	0	0
Total Current Assets	20 493 516 000	17 072 772 000	14 266 688 000	12 359 452 000
Total Assets	20 966 565 000	17 364 388 000	14 758 780 000	12 462 185 000
Total Equity	3 014 270 000	2 339 224 000	2 130 924 000	1 800 651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	758 236 000	564 135 000	454 254 000	504 868 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 862 792 000	13 875 931 000	11 148 022 000	9 381 667 000
Total Current Debt	17 143 481 000	14 424 020 000	12 165 335 000	10 156 667 000
Total Equity and Debt	20 966 566 000	17 364 388 000	14 758 779 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	9,23 %	9,25 %	7,91 %	6,74 %
Debt-to-Equity Ratio	0,25	0,24	0,21	0,28
Operating Profit Margin	72,83 %	72,17 %	72,6 %	65,27 %
Current Ratio	1,2	1,18	1,17	1,22
Quick Ratio	1,2	1,18	1,17	1,22
Equity Ratio	0,14	0,13	0,14	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %