ODDEN RELATIONS AS

3514 HØNEFOSS

Finances

Share Ownership

Return on Equity

−190,12 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	451 000	761 000	701 000	1 556 000
Net Income	−154 000	43 000	−18 000	−61 000
Total Assets	252 000	343 000	284 000	518 000
Total Equity	81 000	236 000	193 000	210 000

Income (NOK)	2022	2021	2020	2019
Revenue	451 000	761 000	701 000	1 556 000
Expenditure	600 000	710 000	718 000	1 611 000
Operating Profit	−148 000	51 000	−18 000	−55 000
Financial Income	1 000	1 000	0	0
Financial Costs	7 000	5 000	0	6 000
Financial Balance	−6 000	−4 000	0	−6 000
Earnings Before Tax	−154 000	46 000	−18 000	−61 000
Tax	0	3 000	0	0
Net Income	−154 000	43 000	−18 000	−61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	12 000	30 000	20 000
Total Current Assets	247 000	331 000	255 000	498 000
Total Assets	252 000	343 000	284 000	518 000
Total Retained Equity	51 000	206 000	163 000	180 000
Total Equity	81 000	236 000	193 000	210 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	170 000	108 000	92 000	308 000
Total Equity and Debt	252 000	343 000	284 000	518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	428 000	742 000	749 000	1 508 000
Other Income	24 000	19 000	−48 000	48 000
Revenue	451 000	761 000	701 000	1 556 000
Cost of Goods Sold	313 000	210 000	8 000	332 000
Salary Costs	80 000	200 000	367 000	884 000
Depreciation	7 000	17 000	12 000	10 000
Impairment	0	0	0	0
Expenditure	600 000	710 000	718 000	1 611 000
Operating Profit	−148 000	51 000	−18 000	−55 000
Financial Income	1 000	1 000	0	0
Financial Costs	7 000	5 000	0	6 000
Financial Balance	−6 000	−4 000	0	−6 000
Dividends	0	0	0	0
Net Income	−154 000	43 000	−18 000	−61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	12 000	20 000	0
Total Tangible Assets	5 000	12 000	20 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	12 000	30 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	172 000	313 000	66 000	333 000
Total Current Assets	247 000	331 000	255 000	498 000
Total Assets	252 000	343 000	284 000	518 000
Total Equity	81 000	236 000	193 000	210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	5 000	1 000	11 000
Unpaid Taxes	1 000	2 000	29 000	128 000
Dividends	0	0	0	0
Other Current Debt	137 000	97 000	62 000	169 000
Total Current Debt	170 000	108 000	92 000	308 000
Total Equity and Debt	252 000	343 000	284 000	518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−190,12 %	18,22 %	−9,33 %	−29,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−32,82 %	6,7 %	−2,57 %	−3,53 %
Current Ratio	1,45	3,06	2,77	1,62
Quick Ratio	1,45	3,06	2,77	1,62
Equity Ratio	0,32	0,69	0,68	0,41
Gross Profit Margin	30,6 %	72,4 %	98,86 %	78,66 %