ODIN DRIFT AS

0661 OSLO

Finances

Share Ownership

Return on Equity

−534,82 %

Current Ratio

0,82

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020
Revenue	4 179 000	2 472 000	0
Net Income	−2 995 000	−3 340 000	−5 000
Total Assets	3 468 000	2 530 000	90 000
Total Equity	560 000	−3 315 000	25 000

Income (NOK)	2022	2021	2020
Revenue	4 179 000	2 472 000	0
Expenditure	7 745 000	6 423 000	6 000
Operating Profit	−3 566 000	−3 951 000	−6 000
Financial Income	1 000	0	0
Financial Costs	241 000	315 000	0
Financial Balance	−240 000	−315 000	0
Earnings Before Tax	−3 806 000	−4 266 000	−6 000
Tax	−811 000	−927 000	−1 000
Net Income	−2 995 000	−3 340 000	−5 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 774 000	982 000	1 000
Total Current Assets	1 694 000	1 548 000	89 000
Total Assets	3 468 000	2 530 000	90 000
Total Retained Equity	−6 340 000	−3 345 000	−5 000
Total Equity	560 000	−3 315 000	25 000
Total Long-Term Debt	848 000	4 404 000	0
Total Current Debt	2 060 000	1 441 000	65 000
Total Equity and Debt	3 468 000	2 530 000	90 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 179 000	2 472 000	0
Other Income	0	0	0
Revenue	4 179 000	2 472 000	0
Cost of Goods Sold	0	0	0
Salary Costs	4 486 000	2 863 000	0
Depreciation	19 000	2 000	0
Impairment	0	0	0
Expenditure	7 745 000	6 423 000	6 000
Operating Profit	−3 566 000	−3 951 000	−6 000
Financial Income	1 000	0	0
Financial Costs	241 000	315 000	0
Financial Balance	−240 000	−315 000	0
Dividends	0	0	0
Net Income	−2 995 000	−3 340 000	−5 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 774 000	982 000	1 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 774 000	982 000	1 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	729 000	505 000	24 000
Total Current Assets	1 694 000	1 548 000	89 000
Total Assets	3 468 000	2 530 000	90 000
Total Equity	560 000	−3 315 000	25 000
Short-Term Group Debt	547 000	0	0
Total Long-Term Debt	848 000	4 404 000	0
Creditors	271 000	464 000	65 000
Unpaid Taxes	636 000	241 000	0
Dividends	0	0	0
Other Current Debt	607 000	736 000	0
Total Current Debt	2 060 000	1 441 000	65 000
Total Equity and Debt	3 468 000	2 530 000	90 000

Financial indicators	2022	2021	2020
Return on Equity	−534,82 %	100,75 %	−20 %
Debt-to-Equity Ratio	1,51	−1,33	0
Operating Profit Margin	−85,33 %	−159,83 %	-
Current Ratio	0,82	1,07	1,37
Quick Ratio	0,82	1,07	1,37
Equity Ratio	0,16	−1,31	0,28
Gross Profit Margin	100 %	100 %	-