ODE HOLDING AS

6003 ÅLESUND

Finances

Return on Equity

−15,53 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020
Revenue	6 366 000	1 865 000	989 000
Net Income	−31 720 000	−2 063 000	−3 807 000
Total Assets	381 845 000	180 556 000	72 966 000
Total Equity	204 216 000	134 320 000	61 593 000

Income (NOK)	2022	2021	2020
Revenue	6 366 000	1 865 000	989 000
Expenditure	201 812 000	66 068 000	4 796 000
Operating Profit	−33 867 000	−3 078 000	−3 807 000
Financial Income	32 000	55 000	0
Financial Costs	7 360 000	1 476 000	0
Financial Balance	−7 328 000	−1 421 000	0
Earnings Before Tax	−41 196 000	−4 498 000	−3 807 000
Tax	−9 476 000	−2 435 000	0
Net Income	−31 720 000	−2 063 000	−3 807 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	123 222 000	94 009 000	40 180 000
Total Current Assets	258 623 000	86 548 000	32 786 000
Total Assets	381 845 000	180 556 000	72 966 000
Total Retained Equity	−37 684 000	−6 080 000	−3 807 000
Total Equity	204 216 000	134 320 000	61 593 000
Total Long-Term Debt	41 700 000	33 750 000	0
Total Current Debt	135 928 000	12 487 000	11 373 000
Total Equity and Debt	381 845 000	180 556 000	72 966 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 361 000	1 778 000	989 000
Other Income	5 000	87 000	0
Revenue	6 366 000	1 865 000	989 000
Cost of Goods Sold	116 514 000	28 729 000	500 000
Salary Costs	41 230 000	22 911 000	3 239 000
Depreciation	4 576 000	3 435 000	0
Impairment	0	0	0
Expenditure	201 812 000	66 068 000	4 796 000
Operating Profit	−33 867 000	−3 078 000	−3 807 000
Financial Income	32 000	55 000	0
Financial Costs	7 360 000	1 476 000	0
Financial Balance	−7 328 000	−1 421 000	0
Dividends	0	0	0
Net Income	−31 720 000	−2 063 000	−3 807 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	45 999 000	23 386 000	0
Real Eastate	36 523 000	37 473 000	0
Machinery and Plant Facilities	37 959 000	30 324 000	0
Fixtures	0	0	0
Total Tangible Assets	74 916 000	67 975 000	0
Total Fiancial Fixed Assets	2 307 000	2 648 000	40 180 000
Total Fixed Assets	123 222 000	94 009 000	40 180 000
Stock	222 102 000	61 125 000	0
Total Investments	0	0	0
Cash, Bank	2 935 000	18 797 000	29 095 000
Total Current Assets	258 623 000	86 548 000	32 786 000
Total Assets	381 845 000	180 556 000	72 966 000
Total Equity	204 216 000	134 320 000	61 593 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	41 700 000	33 750 000	0
Creditors	31 187 000	7 335 000	621 000
Unpaid Taxes	2 958 000	2 554 000	478 000
Dividends	0	0	0
Other Current Debt	7 311 000	2 598 000	10 273 000
Total Current Debt	135 928 000	12 487 000	11 373 000
Total Equity and Debt	381 845 000	180 556 000	72 966 000

Financial indicators	2022	2021	2020
Return on Equity	−15,53 %	−1,54 %	−6,18 %
Debt-to-Equity Ratio	0,2	0,25	0
Operating Profit Margin	−532 %	−165,04 %	−384,93 %
Current Ratio	1,9	6,93	2,88
Quick Ratio	−3	−1,78	2,88
Equity Ratio	0,53	0,74	0,84
Gross Profit Margin	−1 730,25 %	−1 440,43 %	49,44 %