TEAM ØDEGÅRD AS

1912 ENEBAKK

Finances

Return on Equity

37,08 %

Current Ratio

2,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 445 000	1 944 000	1 593 000
Net Income	323 000	313 000	203 000
Total Assets	1 361 000	987 000	693 000
Total Equity	871 000	548 000	234 000

Income (NOK)	2022	2021	2020
Revenue	2 445 000	1 944 000	1 593 000
Expenditure	2 076 000	1 545 000	1 333 000
Operating Profit	369 000	399 000	261 000
Financial Income	3 000	3 000	0
Financial Costs	1 000	0	0
Financial Balance	2 000	3 000	0
Earnings Before Tax	370 000	402 000	260 000
Tax	47 000	88 000	57 000
Net Income	323 000	313 000	203 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	99 000	132 000	130 000
Total Current Assets	1 261 000	856 000	563 000
Total Assets	1 361 000	987 000	693 000
Total Retained Equity	841 000	518 000	204 000
Total Equity	871 000	548 000	234 000
Total Long-Term Debt	0	0	1 000
Total Current Debt	490 000	439 000	458 000
Total Equity and Debt	1 361 000	987 000	693 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 445 000	1 944 000	1 593 000
Other Income	0	0	0
Revenue	2 445 000	1 944 000	1 593 000
Cost of Goods Sold	784 000	355 000	170 000
Salary Costs	865 000	845 000	884 000
Depreciation	34 000	34 000	28 000
Impairment	0	0	0
Expenditure	2 076 000	1 545 000	1 333 000
Operating Profit	369 000	399 000	261 000
Financial Income	3 000	3 000	0
Financial Costs	1 000	0	0
Financial Balance	2 000	3 000	0
Dividends	0	0	0
Net Income	323 000	313 000	203 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	2 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	75 000	110 000	110 000
Total Tangible Assets	75 000	110 000	110 000
Total Fiancial Fixed Assets	22 000	22 000	20 000
Total Fixed Assets	99 000	132 000	130 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 043 000	872 000	406 000
Total Current Assets	1 261 000	856 000	563 000
Total Assets	1 361 000	987 000	693 000
Total Equity	871 000	548 000	234 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	1 000
Creditors	−47 000	−28 000	18 000
Unpaid Taxes	248 000	132 000	140 000
Dividends	0	0	0
Other Current Debt	239 000	246 000	245 000
Total Current Debt	490 000	439 000	458 000
Total Equity and Debt	1 361 000	987 000	693 000

Financial indicators	2022	2021	2020
Return on Equity	37,08 %	57,12 %	86,75 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	15,09 %	20,52 %	16,38 %
Current Ratio	2,57	1,95	1,23
Quick Ratio	2,57	1,95	1,23
Equity Ratio	0,64	0,56	0,34
Gross Profit Margin	67,93 %	81,74 %	89,33 %