ODDEN SHIPPING AS

5003 BERGEN

Finances

Share Ownership

Return on Equity

−63,79 %

Current Ratio

4,38

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	85 000	2 446 000	303 000	1 908 000
Net Income	−740 000	1 037 000	−516 000	28 000
Total Assets	1 654 000	3 415 000	7 847 000	3 246 000
Total Equity	1 160 000	1 900 000	962 000	1 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	85 000	2 446 000	303 000	1 908 000
Expenditure	646 000	1 084 000	825 000	1 873 000
Operating Profit	−560 000	1 362 000	−522 000	34 000
Financial Income	1 000	0	0	22 000
Financial Costs	181 000	7 000	2 000	16 000
Financial Balance	−180 000	−7 000	−2 000	6 000
Earnings Before Tax	−740 000	1 355 000	−524 000	40 000
Tax	0	318 000	−8 000	12 000
Net Income	−740 000	1 037 000	−516 000	28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	6 000	0	4 000
Total Current Assets	1 629 000	3 409 000	7 847 000	3 241 000
Total Assets	1 654 000	3 415 000	7 847 000	3 246 000
Total Retained Equity	1 138 000	1 878 000	941 000	1 457 000
Total Equity	1 160 000	1 900 000	962 000	1 479 000
Total Long-Term Debt	122 000	124 000	1 000	1 000
Total Current Debt	372 000	1 392 000	6 884 000	1 766 000
Total Equity and Debt	1 654 000	3 415 000	7 847 000	3 246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 000	2 446 000	295 000	1 912 000
Other Income	0	0	8 000	−4 000
Revenue	85 000	2 446 000	303 000	1 908 000
Cost of Goods Sold	2 000	20 000	0	1 003 000
Salary Costs	450 000	692 000	626 000	634 000
Depreciation	4 000	0	4 000	4 000
Impairment	0	0	0	0
Expenditure	646 000	1 084 000	825 000	1 873 000
Operating Profit	−560 000	1 362 000	−522 000	34 000
Financial Income	1 000	0	0	22 000
Financial Costs	181 000	7 000	2 000	16 000
Financial Balance	−180 000	−7 000	−2 000	6 000
Dividends	0	100 000	0	0
Net Income	−740 000	1 037 000	−516 000	28 000

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	19 000	0	0	4 000
Total Tangible Assets	19 000	0	0	4 000
Total Fiancial Fixed Assets	6 000	6 000	0	0
Total Fixed Assets	25 000	6 000	0	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 606 000	2 825 000	7 708 000	3 224 000
Total Current Assets	1 629 000	3 409 000	7 847 000	3 241 000
Total Assets	1 654 000	3 415 000	7 847 000	3 246 000
Total Equity	1 160 000	1 900 000	962 000	1 479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	122 000	124 000	1 000	1 000
Creditors	0	6 000	−9 000	16 000
Unpaid Taxes	60 000	171 000	7 000	84 000
Dividends	0	100 000	0	0
Other Current Debt	312 000	898 000	6 807 000	1 576 000
Total Current Debt	372 000	1 392 000	6 884 000	1 766 000
Total Equity and Debt	1 654 000	3 415 000	7 847 000	3 246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,79 %	54,58 %	−53,64 %	1,89 %
Debt-to-Equity Ratio	0,11	0,07	0	0
Operating Profit Margin	−658,82 %	55,68 %	−172,28 %	1,78 %
Current Ratio	4,38	2,45	1,14	1,84
Quick Ratio	4,38	2,45	1,14	1,84
Equity Ratio	0,7	0,56	0,12	0,46
Gross Profit Margin	97,65 %	99,18 %	100 %	47,43 %