ODDA ELEKTROHANDEL AS

5770 TYSSEDAL

Finances

Share Ownership

Return on Equity

101,42 %

Current Ratio

1,54

Debt-to-Equity Ratio

−3,34

Key figures (NOK)	2022	2021	2020
Revenue	7 113 000	8 742 000	1 646 000
Net Income	−500 000	5 000	−143 000
Total Assets	3 154 000	3 955 000	4 008 000
Total Equity	−493 000	7 000	1 000

Income (NOK)	2022	2021	2020
Revenue	7 113 000	8 742 000	1 646 000
Expenditure	7 585 000	8 643 000	1 783 000
Operating Profit	−473 000	99 000	−137 000
Financial Income	3 000	0	0
Financial Costs	31 000	74 000	6 000
Financial Balance	−28 000	−74 000	−6 000
Earnings Before Tax	−500 000	25 000	−143 000
Tax	0	19 000	0
Net Income	−500 000	5 000	−143 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	64 000	86 000	70 000
Total Current Assets	3 090 000	3 869 000	3 938 000
Total Assets	3 154 000	3 955 000	4 008 000
Total Retained Equity	−638 000	−138 000	−143 000
Total Equity	−493 000	7 000	1 000
Total Long-Term Debt	1 645 000	1 645 000	2 467 000
Total Current Debt	2 003 000	2 303 000	1 540 000
Total Equity and Debt	3 154 000	3 955 000	4 008 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 110 000	8 717 000	1 649 000
Other Income	3 000	26 000	−2 000
Revenue	7 113 000	8 742 000	1 646 000
Cost of Goods Sold	5 105 000	6 134 000	1 334 000
Salary Costs	1 133 000	1 193 000	96 000
Depreciation	21 000	20 000	1 000
Impairment	0	0	0
Expenditure	7 585 000	8 643 000	1 783 000
Operating Profit	−473 000	99 000	−137 000
Financial Income	3 000	0	0
Financial Costs	31 000	74 000	6 000
Financial Balance	−28 000	−74 000	−6 000
Dividends	0	0	0
Net Income	−500 000	5 000	−143 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	64 000	86 000	70 000
Total Tangible Assets	64 000	86 000	70 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	64 000	86 000	70 000
Stock	2 618 000	2 559 000	2 012 000
Total Investments	0	0	0
Cash, Bank	50 000	1 054 000	1 835 000
Total Current Assets	3 090 000	3 869 000	3 938 000
Total Assets	3 154 000	3 955 000	4 008 000
Total Equity	−493 000	7 000	1 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 645 000	1 645 000	2 467 000
Creditors	1 589 000	1 863 000	2 030 000
Unpaid Taxes	80 000	284 000	−500 000
Dividends	0	0	0
Other Current Debt	146 000	137 000	10 000
Total Current Debt	2 003 000	2 303 000	1 540 000
Total Equity and Debt	3 154 000	3 955 000	4 008 000

Financial indicators	2022	2021	2020
Return on Equity	101,42 %	71,43 %	−14 300 %
Debt-to-Equity Ratio	−3,34	235	2 467
Operating Profit Margin	−6,65 %	1,13 %	−8,32 %
Current Ratio	1,54	1,68	2,56
Quick Ratio	−5,02	−15,11	−8,34
Equity Ratio	−0,16	0	0
Gross Profit Margin	28,23 %	29,83 %	18,96 %