ODE PROCESSING AS

6170 VARTDAL

Finances

Share Ownership

Return on Equity

−79,54 %

Current Ratio

1,11

Debt-to-Equity Ratio

8,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 782 000	15 781 000	13 202 000	21 564 000
Net Income	−1 952 000	−2 559 000	161 000	814 000
Total Assets	34 186 000	30 546 000	24 510 000	34 314 000
Total Equity	2 454 000	3 481 000	3 828 000	3 950 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 782 000	15 781 000	13 202 000	21 564 000
Expenditure	18 787 000	18 544 000	12 866 000	20 320 000
Operating Profit	−2 005 000	−2 763 000	335 000	1 245 000
Financial Income	15 000	0	1 000	4 000
Financial Costs	512 000	514 000	130 000	182 000
Financial Balance	−497 000	−514 000	−129 000	−178 000
Earnings Before Tax	−2 502 000	−3 277 000	206 000	1 067 000
Tax	−550 000	−719 000	45 000	252 000
Net Income	−1 952 000	−2 559 000	161 000	814 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 017 000	18 649 000	19 856 000	21 758 000
Total Current Assets	13 169 000	11 897 000	4 654 000	12 555 000
Total Assets	34 186 000	30 546 000	24 510 000	34 314 000
Total Retained Equity	−3 556 000	−1 604 000	955 000	1 077 000
Total Equity	2 454 000	3 481 000	3 828 000	3 950 000
Total Long-Term Debt	19 875 000	18 651 000	4 802 000	5 998 000
Total Current Debt	11 858 000	8 415 000	15 880 000	24 366 000
Total Equity and Debt	34 186 000	30 546 000	24 510 000	34 314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 782 000	15 781 000	13 202 000	21 564 000
Other Income	0	0	0	0
Revenue	16 782 000	15 781 000	13 202 000	21 564 000
Cost of Goods Sold	3 822 000	7 524 000	4 223 000	6 642 000
Salary Costs	5 842 000	6 460 000	4 266 000	7 802 000
Depreciation	2 903 000	2 611 000	2 512 000	2 610 000
Impairment	0	0	0	0
Expenditure	18 787 000	18 544 000	12 866 000	20 320 000
Operating Profit	−2 005 000	−2 763 000	335 000	1 245 000
Financial Income	15 000	0	1 000	4 000
Financial Costs	512 000	514 000	130 000	182 000
Financial Balance	−497 000	−514 000	−129 000	−178 000
Dividends	0	0	0	0
Net Income	−1 952 000	−2 559 000	161 000	814 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 072 000	9 180 000	9 428 000	9 654 000
Machinery and Plant Facilities	3 095 000	2 764 000	2 954 000	2 894 000
Fixtures	0	6 383 000	7 134 000	8 784 000
Total Tangible Assets	21 017 000	18 649 000	19 856 000	21 758 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 017 000	18 649 000	19 856 000	21 758 000
Stock	353 000	341 000	275 000	326 000
Total Investments	0	0	0	0
Cash, Bank	4 851 000	2 732 000	258 000	389 000
Total Current Assets	13 169 000	11 897 000	4 654 000	12 555 000
Total Assets	34 186 000	30 546 000	24 510 000	34 314 000
Total Equity	2 454 000	3 481 000	3 828 000	3 950 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 875 000	18 651 000	4 802 000	5 998 000
Creditors	9 121 000	5 261 000	1 759 000	3 648 000
Unpaid Taxes	1 250 000	1 670 000	1 467 000	1 700 000
Dividends	0	0	0	0
Other Current Debt	1 486 000	1 483 000	12 654 000	19 019 000
Total Current Debt	11 858 000	8 415 000	15 880 000	24 366 000
Total Equity and Debt	34 186 000	30 546 000	24 510 000	34 314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−79,54 %	−73,51 %	4,21 %	20,61 %
Debt-to-Equity Ratio	8,1	5,36	1,25	1,52
Operating Profit Margin	−11,95 %	−17,51 %	2,54 %	5,77 %
Current Ratio	1,11	1,41	0,29	0,52
Quick Ratio	1,14	1,47	0,3	0,52
Equity Ratio	0,07	0,11	0,16	0,12
Gross Profit Margin	77,23 %	52,32 %	68,01 %	69,2 %