Asbjørn Ødegård & Sønn AS

9790 KJØLLEFJORD

Finances

Return on Equity

−9,34 %

Current Ratio

58,75

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 000	16 000	6 629 000	925 000
Net Income	−1 056 000	530 000	3 175 000	1 058 000
Total Assets	12 184 000	14 291 000	16 148 000	15 187 000
Total Equity	11 303 000	12 984 000	11 829 000	11 654 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 000	16 000	6 629 000	925 000
Expenditure	1 258 000	1 199 000	2 392 000	1 573 000
Operating Profit	−1 225 000	−1 183 000	4 237 000	−649 000
Financial Income	677 000	1 515 000	127 000	1 620 000
Financial Costs	591 000	0	231 000	0
Financial Balance	86 000	1 515 000	−104 000	1 620 000
Earnings Before Tax	−1 139 000	332 000	4 133 000	971 000
Tax	−83 000	−198 000	958 000	−87 000
Net Income	−1 056 000	530 000	3 175 000	1 058 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 315 000	11 040 000	2 449 000	14 559 000
Total Current Assets	10 869 000	3 251 000	13 699 000	628 000
Total Assets	12 184 000	14 291 000	16 148 000	15 187 000
Total Retained Equity	11 203 000	12 884 000	11 729 000	11 554 000
Total Equity	11 303 000	12 984 000	11 829 000	11 654 000
Total Long-Term Debt	695 000	954 000	1 149 000	191 000
Total Current Debt	185 000	353 000	3 170 000	3 342 000
Total Equity and Debt	12 184 000	14 291 000	16 148 000	15 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 000	16 000	90 000	44 000
Other Income	0	0	6 539 000	880 000
Revenue	33 000	16 000	6 629 000	925 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	837 000	835 000	831 000	830 000
Depreciation	177 000	172 000	213 000	244 000
Impairment	0	0	0	0
Expenditure	1 258 000	1 199 000	2 392 000	1 573 000
Operating Profit	−1 225 000	−1 183 000	4 237 000	−649 000
Financial Income	677 000	1 515 000	127 000	1 620 000
Financial Costs	591 000	0	231 000	0
Financial Balance	86 000	1 515 000	−104 000	1 620 000
Dividends	0	0	3 000 000	4 000 000
Net Income	−1 056 000	530 000	3 175 000	1 058 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	907 000	375 000	13 000	610 000
Machinery and Plant Facilities	93 000	0	0	0
Fixtures	135 000	341 000	506 000	688 000
Total Tangible Assets	1 135 000	716 000	519 000	1 298 000
Total Fiancial Fixed Assets	180 000	10 323 000	1 930 000	13 261 000
Total Fixed Assets	1 315 000	11 040 000	2 449 000	14 559 000
Stock	0	0	0	0
Total Investments	7 835 000	0	0	0
Cash, Bank	2 969 000	2 393 000	13 612 000	360 000
Total Current Assets	10 869 000	3 251 000	13 699 000	628 000
Total Assets	12 184 000	14 291 000	16 148 000	15 187 000
Total Equity	11 303 000	12 984 000	11 829 000	11 654 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	695 000	954 000	1 149 000	191 000
Creditors	10 000	6 000	0	−858 000
Unpaid Taxes	63 000	0	0	23 000
Dividends	0	0	3 000 000	4 000 000
Other Current Debt	113 000	174 000	170 000	176 000
Total Current Debt	185 000	353 000	3 170 000	3 342 000
Total Equity and Debt	12 184 000	14 291 000	16 148 000	15 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,34 %	4,08 %	26,84 %	9,08 %
Debt-to-Equity Ratio	0,06	0,07	0,1	0,02
Operating Profit Margin	−3 712,12 %	−7 393,75 %	63,92 %	−70,16 %
Current Ratio	58,75	9,21	4,32	0,19
Quick Ratio	58,75	9,21	4,32	0,19
Equity Ratio	0,93	0,91	0,73	0,77
Gross Profit Margin	100 %	100 %	99,94 %	100 %