ODDE ELEKTRONETT AS

7140 OPPHAUG

Finances

Share Ownership

Return on Equity

23,31 %

Current Ratio

0,65

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	4 005 000	3 001 000	924 000
Net Income	152 000	408 000	74 000
Total Assets	1 901 000	2 134 000	1 139 000
Total Equity	652 000	500 000	92 000

Income (NOK)	2022	2021	2020
Revenue	4 005 000	3 001 000	924 000
Expenditure	3 806 000	2 474 000	829 000
Operating Profit	200 000	527 000	95 000
Financial Income	0	0	0
Financial Costs	5 000	3 000	1 000
Financial Balance	−5 000	−3 000	−1 000
Earnings Before Tax	195 000	524 000	93 000
Tax	44 000	116 000	19 000
Net Income	152 000	408 000	74 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 108 000	1 332 000	615 000
Total Current Assets	792 000	802 000	524 000
Total Assets	1 901 000	2 134 000	1 139 000
Total Retained Equity	634 000	482 000	74 000
Total Equity	652 000	500 000	92 000
Total Long-Term Debt	35 000	48 000	19 000
Total Current Debt	1 214 000	1 586 000	1 028 000
Total Equity and Debt	1 901 000	2 134 000	1 139 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 005 000	3 001 000	924 000
Other Income	0	0	0
Revenue	4 005 000	3 001 000	924 000
Cost of Goods Sold	1 818 000	1 384 000	536 000
Salary Costs	1 326 000	624 000	130 000
Depreciation	263 000	146 000	47 000
Impairment	0	0	0
Expenditure	3 806 000	2 474 000	829 000
Operating Profit	200 000	527 000	95 000
Financial Income	0	0	0
Financial Costs	5 000	3 000	1 000
Financial Balance	−5 000	−3 000	−1 000
Dividends	0	0	0
Net Income	152 000	408 000	74 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	308 000	324 000	47 000
Machinery and Plant Facilities	153 000	193 000	0
Fixtures	648 000	815 000	568 000
Total Tangible Assets	1 108 000	1 332 000	615 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 108 000	1 332 000	615 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	637 000	321 000	331 000
Total Current Assets	792 000	802 000	524 000
Total Assets	1 901 000	2 134 000	1 139 000
Total Equity	652 000	500 000	92 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	35 000	48 000	19 000
Creditors	53 000	312 000	317 000
Unpaid Taxes	153 000	239 000	94 000
Dividends	0	0	0
Other Current Debt	952 000	949 000	617 000
Total Current Debt	1 214 000	1 586 000	1 028 000
Total Equity and Debt	1 901 000	2 134 000	1 139 000

Financial indicators	2022	2021	2020
Return on Equity	23,31 %	81,6 %	80,43 %
Debt-to-Equity Ratio	0,05	0,1	0,21
Operating Profit Margin	4,99 %	17,56 %	10,28 %
Current Ratio	0,65	0,51	0,51
Quick Ratio	0,65	0,51	0,51
Equity Ratio	0,34	0,23	0,08
Gross Profit Margin	54,61 %	53,88 %	41,99 %