ODIN EIENDOMSUTVIKLING AS

1621 GRESSVIK

Finances

Return on Equity

127,95 %

Current Ratio

34,81

Debt-to-Equity Ratio

20,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 165 000	997 000	249 000	14 505 000
Net Income	1 204 000	−269 000	−735 000	849 000
Total Assets	20 444 000	18 298 000	13 734 000	7 055 000
Total Equity	941 000	−263 000	6 000	742 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 165 000	997 000	249 000	14 505 000
Expenditure	925 000	627 000	738 000	13 054 000
Operating Profit	2 240 000	370 000	−490 000	1 451 000
Financial Income	0	0	0	0
Financial Costs	737 000	639 000	432 000	362 000
Financial Balance	−737 000	−639 000	−432 000	−362 000
Earnings Before Tax	1 503 000	−269 000	−922 000	1 089 000
Tax	299 000	0	−187 000	240 000
Net Income	1 204 000	−269 000	−735 000	849 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 937 000	3 000 000	3 062 000	3 125 000
Total Current Assets	17 507 000	15 298 000	10 672 000	3 931 000
Total Assets	20 444 000	18 298 000	13 734 000	7 055 000
Total Retained Equity	881 000	−323 000	−54 000	682 000
Total Equity	941 000	−263 000	6 000	742 000
Total Long-Term Debt	19 000 000	18 452 000	13 641 000	6 049 000
Total Current Debt	503 000	108 000	87 000	265 000
Total Equity and Debt	20 444 000	18 298 000	13 734 000	7 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	14 414 000
Other Income	3 165 000	997 000	249 000	91 000
Revenue	3 165 000	997 000	249 000	14 505 000
Cost of Goods Sold	294 000	0	6 000	12 140 000
Salary Costs	0	0	0	0
Depreciation	62 000	62 000	62 000	0
Impairment	0	0	0	0
Expenditure	925 000	627 000	738 000	13 054 000
Operating Profit	2 240 000	370 000	−490 000	1 451 000
Financial Income	0	0	0	0
Financial Costs	737 000	639 000	432 000	362 000
Financial Balance	−737 000	−639 000	−432 000	−362 000
Dividends	0	0	0	0
Net Income	1 204 000	−269 000	−735 000	849 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 937 000	3 000 000	3 062 000	3 125 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 937 000	3 000 000	3 062 000	3 125 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 937 000	3 000 000	3 062 000	3 125 000
Stock	15 345 000	15 084 000	10 458 000	0
Total Investments	15 000	0	0	0
Cash, Bank	1 817 000	184 000	24 000	316 000
Total Current Assets	17 507 000	15 298 000	10 672 000	3 931 000
Total Assets	20 444 000	18 298 000	13 734 000	7 055 000
Total Equity	941 000	−263 000	6 000	742 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000 000	18 452 000	13 641 000	6 049 000
Creditors	74 000	49 000	19 000	22 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	130 000	60 000	68 000	51 000
Total Current Debt	503 000	108 000	87 000	265 000
Total Equity and Debt	20 444 000	18 298 000	13 734 000	7 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	127,95 %	102,28 %	−12 250 %	114,42 %
Debt-to-Equity Ratio	20,19	−70,16	2 273,5	8,15
Operating Profit Margin	70,77 %	37,11 %	−196,79 %	10 %
Current Ratio	34,81	141,65	122,67	14,83
Quick Ratio	−1,18	−1,02	−1,03	14,83
Equity Ratio	0,05	−0,01	0	0,11
Gross Profit Margin	90,71 %	100 %	97,59 %	16,3 %