BRANDEN FORVALTNING AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

20 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 360 000	24 185 000	10 259 000	2 638 000
Net Income	185 000	162 000	79 000	460 000
Total Assets	4 208 000	6 115 000	8 625 000	3 345 000
Total Equity	925 000	741 000	579 000	500 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 360 000	24 185 000	10 259 000	2 638 000
Expenditure	8 114 000	23 971 000	10 159 000	2 186 000
Operating Profit	246 000	214 000	99 000	451 000
Financial Income	0	2 000	7 000	10 000
Financial Costs	0	0	1 000	0
Financial Balance	0	2 000	6 000	10 000
Earnings Before Tax	246 000	216 000	105 000	460 000
Tax	62 000	54 000	26 000	0
Net Income	185 000	162 000	79 000	460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	30 000	43 000	61 000
Total Current Assets	4 187 000	6 085 000	8 582 000	3 284 000
Total Assets	4 208 000	6 115 000	8 625 000	3 345 000
Total Retained Equity	425 000	241 000	79 000	0
Total Equity	925 000	741 000	579 000	500 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 282 000	5 374 000	8 046 000	2 845 000
Total Equity and Debt	4 208 000	6 115 000	8 625 000	3 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 360 000	24 185 000	10 259 000	2 638 000
Other Income	0	0	0	0
Revenue	8 360 000	24 185 000	10 259 000	2 638 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 800 000	22 936 000	9 063 000	1 335 000
Depreciation	9 000	13 000	18 000	26 000
Impairment	0	0	0	0
Expenditure	8 114 000	23 971 000	10 159 000	2 186 000
Operating Profit	246 000	214 000	99 000	451 000
Financial Income	0	2 000	7 000	10 000
Financial Costs	0	0	1 000	0
Financial Balance	0	2 000	6 000	10 000
Dividends	0	0	0	2 627 000
Net Income	185 000	162 000	79 000	460 000

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	0	0	0	0
Fixtures	21 000	30 000	43 000	61 000
Total Tangible Assets	21 000	30 000	43 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	30 000	43 000	61 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 088 000	1 365 000	5 419 000	847 000
Total Current Assets	4 187 000	6 085 000	8 582 000	3 284 000
Total Assets	4 208 000	6 115 000	8 625 000	3 345 000
Total Equity	925 000	741 000	579 000	500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	32 000	22 000	29 000	4 000
Unpaid Taxes	370 000	355 000	353 000	85 000
Dividends	0	0	0	2 627 000
Other Current Debt	2 819 000	4 942 000	7 638 000	130 000
Total Current Debt	3 282 000	5 374 000	8 046 000	2 845 000
Total Equity and Debt	4 208 000	6 115 000	8 625 000	3 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20 %	21,86 %	13,64 %	92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,94 %	0,88 %	0,97 %	17,1 %
Current Ratio	1,28	1,13	1,07	1,15
Quick Ratio	1,28	1,13	1,07	1,15
Equity Ratio	0,22	0,12	0,07	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %