UP IN THE AIR AS

5750 ODDA

Finances

Share Ownership

Return on Equity

82,22 %

Current Ratio

0,24

Debt-to-Equity Ratio

23,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 641 000	2 439 000	769 000	0
Net Income	185 000	473 000	−174 000	−279 000
Total Assets	8 387 000	5 872 000	6 112 000	2 718 000
Total Equity	225 000	40 000	−433 000	−259 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 641 000	2 439 000	769 000	0
Expenditure	2 226 000	1 838 000	851 000	201 000
Operating Profit	415 000	603 000	−82 000	−200 000
Financial Income	12 000	3 000	1 000	1 000
Financial Costs	168 000	100 000	93 000	80 000
Financial Balance	−156 000	−97 000	−92 000	−79 000
Earnings Before Tax	259 000	507 000	−174 000	−279 000
Tax	74 000	34 000	0	0
Net Income	185 000	473 000	−174 000	−279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 684 000	5 130 000	4 738 000	570 000
Total Current Assets	703 000	743 000	1 374 000	2 149 000
Total Assets	8 387 000	5 872 000	6 112 000	2 718 000
Total Retained Equity	195 000	10 000	−463 000	−289 000
Total Equity	225 000	40 000	−433 000	−259 000
Total Long-Term Debt	5 292 000	3 043 000	1 850 000	2 000 000
Total Current Debt	2 871 000	2 789 000	4 694 000	977 000
Total Equity and Debt	8 387 000	5 872 000	6 112 000	2 718 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 441 000	2 439 000	719 000	0
Other Income	200 000	0	50 000	0
Revenue	2 641 000	2 439 000	769 000	0
Cost of Goods Sold	215 000	175 000	45 000	0
Salary Costs	935 000	733 000	127 000	0
Depreciation	423 000	313 000	255 000	15 000
Impairment	0	0	0	0
Expenditure	2 226 000	1 838 000	851 000	201 000
Operating Profit	415 000	603 000	−82 000	−200 000
Financial Income	12 000	3 000	1 000	1 000
Financial Costs	168 000	100 000	93 000	80 000
Financial Balance	−156 000	−97 000	−92 000	−79 000
Dividends	0	0	0	0
Net Income	185 000	473 000	−174 000	−279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 642 000	5 042 000	4 679 000	570 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	87 000	59 000	0
Total Tangible Assets	7 684 000	5 130 000	4 738 000	570 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 684 000	5 130 000	4 738 000	570 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	657 000	656 000	1 025 000	1 950 000
Total Current Assets	703 000	743 000	1 374 000	2 149 000
Total Assets	8 387 000	5 872 000	6 112 000	2 718 000
Total Equity	225 000	40 000	−433 000	−259 000
Short-Term Group Debt	482 000	482 000	482 000	0
Total Long-Term Debt	5 292 000	3 043 000	1 850 000	2 000 000
Creditors	147 000	108 000	846 000	207 000
Unpaid Taxes	49 000	48 000	44 000	0
Dividends	0	0	0	0
Other Current Debt	2 119 000	2 116 000	3 323 000	770 000
Total Current Debt	2 871 000	2 789 000	4 694 000	977 000
Total Equity and Debt	8 387 000	5 872 000	6 112 000	2 718 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,22 %	1 182,5 %	40,18 %	107,72 %
Debt-to-Equity Ratio	23,52	76,08	−4,27	−7,72
Operating Profit Margin	15,71 %	24,72 %	−10,66 %	-
Current Ratio	0,24	0,27	0,29	2,2
Quick Ratio	0,24	0,27	0,29	2,2
Equity Ratio	0,03	0,01	−0,07	−0,1
Gross Profit Margin	91,86 %	92,82 %	94,15 %	-