ODDVAR ANDREASSEN AS

3264 LARVIK

Finances

Return on Equity

−4,35 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 000	2 615 000	413 000	406 000
Net Income	−114 000	1 373 000	−271 000	−83 000
Total Assets	4 130 000	4 441 000	6 654 000	6 633 000
Total Equity	2 623 000	3 137 000	1 764 000	2 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 000	2 615 000	413 000	406 000
Expenditure	228 000	968 000	538 000	399 000
Operating Profit	−17 000	1 647 000	−124 000	7 000
Financial Income	176 000	113 000	0	373 000
Financial Costs	270 000	64 000	182 000	496 000
Financial Balance	−94 000	49 000	−182 000	−123 000
Earnings Before Tax	−111 000	1 697 000	−306 000	−116 000
Tax	3 000	324 000	−35 000	−33 000
Net Income	−114 000	1 373 000	−271 000	−83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 935 000	1 935 000	3 439 000	3 444 000
Total Current Assets	2 195 000	2 506 000	3 216 000	3 190 000
Total Assets	4 130 000	4 441 000	6 654 000	6 633 000
Total Retained Equity	2 523 000	3 037 000	1 664 000	1 935 000
Total Equity	2 623 000	3 137 000	1 764 000	2 035 000
Total Long-Term Debt	298 000	324 000	4 800 000	4 495 000
Total Current Debt	1 210 000	980 000	90 000	104 000
Total Equity and Debt	4 130 000	4 441 000	6 654 000	6 633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	40 000
Other Income	212 000	2 615 000	413 000	365 000
Revenue	212 000	2 615 000	413 000	406 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	4 000	1 000	131 000
Depreciation	0	0	5 000	5 000
Impairment	0	0	0	0
Expenditure	228 000	968 000	538 000	399 000
Operating Profit	−17 000	1 647 000	−124 000	7 000
Financial Income	176 000	113 000	0	373 000
Financial Costs	270 000	64 000	182 000	496 000
Financial Balance	−94 000	49 000	−182 000	−123 000
Dividends	0	0	0	0
Net Income	−114 000	1 373 000	−271 000	−83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 935 000	1 935 000	3 439 000	3 439 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	5 000
Total Tangible Assets	1 935 000	1 935 000	3 439 000	3 444 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 935 000	1 935 000	3 439 000	3 444 000
Stock	0	0	3 203 000	3 116 000
Total Investments	2 034 000	1 486 000	0	0
Cash, Bank	162 000	1 020 000	13 000	64 000
Total Current Assets	2 195 000	2 506 000	3 216 000	3 190 000
Total Assets	4 130 000	4 441 000	6 654 000	6 633 000
Total Equity	2 623 000	3 137 000	1 764 000	2 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	298 000	324 000	4 800 000	4 495 000
Creditors	0	0	68 000	48 000
Unpaid Taxes	2 000	2 000	3 000	18 000
Dividends	0	0	0	0
Other Current Debt	178 000	14 000	20 000	37 000
Total Current Debt	1 210 000	980 000	90 000	104 000
Total Equity and Debt	4 130 000	4 441 000	6 654 000	6 633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,35 %	43,77 %	−15,36 %	−4,08 %
Debt-to-Equity Ratio	0,11	0,1	2,72	2,21
Operating Profit Margin	−8,02 %	62,98 %	−30,02 %	1,72 %
Current Ratio	1,81	2,56	35,73	30,67
Quick Ratio	1,81	2,56	−1,03	−1,06
Equity Ratio	0,64	0,71	0,27	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %