ODIN BRANNTEKNIKK AS

0661 OSLO

Finances

Share Ownership

Return on Equity

−93,27 %

Current Ratio

1,3

Debt-to-Equity Ratio

3,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 610 000	2 078 000	1 575 000	296 000
Net Income	−277 000	66 000	114 000	−67 000
Total Assets	2 523 000	969 000	802 000	520 000
Total Equity	297 000	254 000	188 000	73 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 610 000	2 078 000	1 575 000	296 000
Expenditure	3 929 000	1 988 000	1 424 000	380 000
Operating Profit	−320 000	89 000	152 000	−85 000
Financial Income	0	0	0	0
Financial Costs	25 000	1 000	3 000	0
Financial Balance	−25 000	−1 000	−3 000	0
Earnings Before Tax	−345 000	88 000	149 000	−85 000
Tax	−68 000	22 000	35 000	−19 000
Net Income	−277 000	66 000	114 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	893 000	48 000	64 000	100 000
Total Current Assets	1 631 000	921 000	738 000	420 000
Total Assets	2 523 000	969 000	802 000	520 000
Total Retained Equity	−163 000	114 000	48 000	−67 000
Total Equity	297 000	254 000	188 000	73 000
Total Long-Term Debt	976 000	358 000	358 000	358 000
Total Current Debt	1 250 000	358 000	257 000	89 000
Total Equity and Debt	2 523 000	969 000	802 000	520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 606 000	2 078 000	1 575 000	296 000
Other Income	4 000	0	0	0
Revenue	3 610 000	2 078 000	1 575 000	296 000
Cost of Goods Sold	827 000	388 000	633 000	16 000
Salary Costs	1 918 000	1 230 000	434 000	236 000
Depreciation	97 000	18 000	18 000	3 000
Impairment	0	0	0	0
Expenditure	3 929 000	1 988 000	1 424 000	380 000
Operating Profit	−320 000	89 000	152 000	−85 000
Financial Income	0	0	0	0
Financial Costs	25 000	1 000	3 000	0
Financial Balance	−25 000	−1 000	−3 000	0
Dividends	0	0	0	0
Net Income	−277 000	66 000	114 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 000	3 000	0	19 000
Real Eastate	29 000	0	0	0
Machinery and Plant Facilities	0	15 000	33 000	51 000
Fixtures	762 000	0	0	0
Total Tangible Assets	791 000	15 000	33 000	51 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	893 000	48 000	64 000	100 000
Stock	524 000	201 000	58 000	232 000
Total Investments	0	0	0	0
Cash, Bank	607 000	591 000	316 000	67 000
Total Current Assets	1 631 000	921 000	738 000	420 000
Total Assets	2 523 000	969 000	802 000	520 000
Total Equity	297 000	254 000	188 000	73 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	976 000	358 000	358 000	358 000
Creditors	314 000	37 000	57 000	11 000
Unpaid Taxes	260 000	146 000	121 000	20 000
Dividends	0	0	0	0
Other Current Debt	677 000	150 000	63 000	59 000
Total Current Debt	1 250 000	358 000	257 000	89 000
Total Equity and Debt	2 523 000	969 000	802 000	520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−93,27 %	25,98 %	60,64 %	−91,78 %
Debt-to-Equity Ratio	3,29	1,41	1,9	4,9
Operating Profit Margin	−8,86 %	4,28 %	9,65 %	−28,72 %
Current Ratio	1,3	2,57	2,87	4,72
Quick Ratio	2,25	5,87	3,71	−2,94
Equity Ratio	0,12	0,26	0,23	0,14
Gross Profit Margin	77,09 %	81,33 %	59,81 %	94,59 %