ODANE AS

8430 MYRE

Finances

Share Ownership

Return on Equity

−33,33 %

Current Ratio

472

Debt-to-Equity Ratio

16,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	−19 000	92 000	63 000	0
Net Income	−35 000	13 000	33 000	−17 000
Total Assets	1 855 000	1 869 000	1 844 000	114 000
Total Equity	105 000	140 000	126 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	−19 000	92 000	63 000	0
Expenditure	26 000	75 000	21 000	22 000
Operating Profit	−45 000	17 000	42 000	−22 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−45 000	17 000	42 000	−22 000
Tax	−10 000	4 000	9 000	−5 000
Net Income	−35 000	13 000	33 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	911 000	866 000	870 000	93 000
Total Current Assets	944 000	1 004 000	975 000	21 000
Total Assets	1 855 000	1 869 000	1 844 000	114 000
Total Retained Equity	75 000	110 000	96 000	64 000
Total Equity	105 000	140 000	126 000	94 000
Total Long-Term Debt	1 748 000	1 736 000	1 736 000	12 000
Total Current Debt	2 000	−6 000	−18 000	8 000
Total Equity and Debt	1 855 000	1 869 000	1 844 000	114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−19 000	92 000	63 000	0
Other Income	0	0	0	0
Revenue	−19 000	92 000	63 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	75 000	21 000	22 000
Operating Profit	−45 000	17 000	42 000	−22 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−35 000	13 000	33 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	90 000	80 000	83 000	93 000
Real Eastate	801 000	786 000	786 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	801 000	786 000	786 000	0
Total Fiancial Fixed Assets	20 000	0	0	0
Total Fixed Assets	911 000	866 000	870 000	93 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	802 000	826 000	873 000	1 000
Total Current Assets	944 000	1 004 000	975 000	21 000
Total Assets	1 855 000	1 869 000	1 844 000	114 000
Total Equity	105 000	140 000	126 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 748 000	1 736 000	1 736 000	12 000
Creditors	2 000	−13 000	−13 000	14 000
Unpaid Taxes	0	7 000	−5 000	−6 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 000	−6 000	−18 000	8 000
Total Equity and Debt	1 855 000	1 869 000	1 844 000	114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,33 %	9,29 %	26,19 %	−18,09 %
Debt-to-Equity Ratio	16,65	12,4	13,78	0,13
Operating Profit Margin	236,84 %	18,48 %	66,67 %	-
Current Ratio	472	−167,33	−54,17	2,63
Quick Ratio	472	−167,33	−54,17	2,63
Equity Ratio	0,06	0,07	0,07	0,82
Gross Profit Margin	100 %	100 %	100 %	-