ODDVAR NES AS

9373 BOTNHAMN

Finances

Return on Equity

36,16 %

Current Ratio

1,61

Debt-to-Equity Ratio

4,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 796 000	149 156 000	69 868 000	59 062 000
Net Income	45 363 000	15 156 000	8 903 000	9 372 000
Total Assets	706 529 000	893 428 000	339 606 000	352 191 000
Total Equity	125 459 000	80 125 000	69 970 000	66 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 796 000	149 156 000	69 868 000	59 062 000
Expenditure	128 844 000	119 775 000	52 888 000	40 805 000
Operating Profit	71 952 000	29 381 000	16 980 000	18 257 000
Financial Income	1 621 000	451 000	313 000	242 000
Financial Costs	15 364 000	10 353 000	5 837 000	6 457 000
Financial Balance	−13 743 000	−9 902 000	−5 524 000	−6 215 000
Earnings Before Tax	58 210 000	19 479 000	11 456 000	12 042 000
Tax	12 847 000	4 323 000	2 552 000	2 670 000
Net Income	45 363 000	15 156 000	8 903 000	9 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	620 096 000	754 178 000	307 704 000	321 465 000
Total Current Assets	86 433 000	139 249 000	31 902 000	30 726 000
Total Assets	706 529 000	893 428 000	339 606 000	352 191 000
Total Retained Equity	105 429 000	60 095 000	49 940 000	46 036 000
Total Equity	125 459 000	80 125 000	69 970 000	66 066 000
Total Long-Term Debt	527 426 000	784 359 000	251 801 000	263 602 000
Total Current Debt	53 644 000	28 943 000	17 836 000	22 523 000
Total Equity and Debt	706 529 000	893 428 000	339 606 000	352 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	140 027 000	122 396 000	68 468 000	55 042 000
Other Income	60 769 000	26 760 000	1 400 000	4 020 000
Revenue	200 796 000	149 156 000	69 868 000	59 062 000
Cost of Goods Sold	14 366 000	8 344 000	7 555 000	4 408 000
Salary Costs	43 297 000	41 201 000	21 480 000	18 615 000
Depreciation	41 720 000	50 738 000	15 006 000	12 616 000
Impairment	0	0	0	0
Expenditure	128 844 000	119 775 000	52 888 000	40 805 000
Operating Profit	71 952 000	29 381 000	16 980 000	18 257 000
Financial Income	1 621 000	451 000	313 000	242 000
Financial Costs	15 364 000	10 353 000	5 837 000	6 457 000
Financial Balance	−13 743 000	−9 902 000	−5 524 000	−6 215 000
Dividends	0	0	5 000 000	5 000 000
Net Income	45 363 000	15 156 000	8 903 000	9 372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	409 601 000	538 384 000	184 869 000	194 195 000
Real Eastate	9 458 000	6 827 000	325 000	124 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 403 000	2 520 000	181 000	316 000
Total Tangible Assets	197 463 000	211 329 000	122 833 000	127 268 000
Total Fiancial Fixed Assets	13 032 000	4 466 000	2 000	2 000
Total Fixed Assets	620 096 000	754 178 000	307 704 000	321 465 000
Stock	1 869 000	1 074 000	0	0
Total Investments	0	0	0	0
Cash, Bank	83 267 000	133 890 000	30 466 000	26 695 000
Total Current Assets	86 433 000	139 249 000	31 902 000	30 726 000
Total Assets	706 529 000	893 428 000	339 606 000	352 191 000
Total Equity	125 459 000	80 125 000	69 970 000	66 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	527 426 000	784 359 000	251 801 000	263 602 000
Creditors	2 134 000	3 022 000	1 946 000	5 120 000
Unpaid Taxes	33 441 000	10 834 000	6 835 000	7 716 000
Dividends	0	0	5 000 000	5 000 000
Other Current Debt	2 881 000	4 581 000	1 909 000	2 870 000
Total Current Debt	53 644 000	28 943 000	17 836 000	22 523 000
Total Equity and Debt	706 529 000	893 428 000	339 606 000	352 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,16 %	18,92 %	12,72 %	14,19 %
Debt-to-Equity Ratio	4,2	9,79	3,6	3,99
Operating Profit Margin	35,83 %	19,7 %	24,3 %	30,91 %
Current Ratio	1,61	4,81	1,79	1,36
Quick Ratio	1,67	5	1,79	1,36
Equity Ratio	0,18	0,09	0,21	0,19
Gross Profit Margin	92,85 %	94,41 %	89,19 %	92,54 %