ODD THORSEN A/S

0178 OSLO

Finances

Return on Equity

24,53 %

Current Ratio

2,69

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 915 000	6 344 000	4 221 000	3 088 000
Net Income	557 000	217 000	613 000	−106 000
Total Assets	3 539 000	3 001 000	2 499 000	1 736 000
Total Equity	2 271 000	1 715 000	1 598 000	1 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 915 000	6 344 000	4 221 000	3 088 000
Expenditure	5 190 000	6 044 000	3 352 000	3 202 000
Operating Profit	725 000	299 000	870 000	−114 000
Financial Income	4 000	1 000	0	0
Financial Costs	15 000	7 000	72 000	1 000
Financial Balance	−11 000	−6 000	−72 000	−1 000
Earnings Before Tax	714 000	292 000	799 000	−114 000
Tax	157 000	75 000	185 000	−7 000
Net Income	557 000	217 000	613 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	856 000	994 000	322 000	440 000
Total Current Assets	2 683 000	2 007 000	2 178 000	1 296 000
Total Assets	3 539 000	3 001 000	2 499 000	1 736 000
Total Retained Equity	1 771 000	1 215 000	1 098 000	584 000
Total Equity	2 271 000	1 715 000	1 598 000	1 084 000
Total Long-Term Debt	269 000	334 000	0	0
Total Current Debt	998 000	952 000	902 000	651 000
Total Equity and Debt	3 539 000	3 001 000	2 499 000	1 736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 915 000	6 344 000	4 221 000	3 088 000
Other Income	0	0	0	0
Revenue	5 915 000	6 344 000	4 221 000	3 088 000
Cost of Goods Sold	1 398 000	2 832 000	1 085 000	380 000
Salary Costs	2 524 000	2 136 000	1 422 000	1 898 000
Depreciation	188 000	51 000	41 000	42 000
Impairment	0	0	0	0
Expenditure	5 190 000	6 044 000	3 352 000	3 202 000
Operating Profit	725 000	299 000	870 000	−114 000
Financial Income	4 000	1 000	0	0
Financial Costs	15 000	7 000	72 000	1 000
Financial Balance	−11 000	−6 000	−72 000	−1 000
Dividends	0	100 000	100 000	300 000
Net Income	557 000	217 000	613 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	759 000	924 000	248 000	288 000
Total Tangible Assets	759 000	924 000	248 000	288 000
Total Fiancial Fixed Assets	97 000	69 000	69 000	141 000
Total Fixed Assets	856 000	994 000	322 000	440 000
Stock	0	0	0	0
Total Investments	359 000	166 000	9 000	2 000
Cash, Bank	115 000	633 000	692 000	401 000
Total Current Assets	2 683 000	2 007 000	2 178 000	1 296 000
Total Assets	3 539 000	3 001 000	2 499 000	1 736 000
Total Equity	2 271 000	1 715 000	1 598 000	1 084 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	269 000	334 000	0	0
Creditors	169 000	233 000	150 000	103 000
Unpaid Taxes	244 000	273 000	246 000	161 000
Dividends	0	100 000	100 000	300 000
Other Current Debt	422 000	401 000	326 000	387 000
Total Current Debt	998 000	952 000	902 000	651 000
Total Equity and Debt	3 539 000	3 001 000	2 499 000	1 736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,53 %	12,65 %	38,36 %	−9,78 %
Debt-to-Equity Ratio	0,12	0,19	0	0
Operating Profit Margin	12,26 %	4,71 %	20,61 %	−3,69 %
Current Ratio	2,69	2,11	2,41	1,99
Quick Ratio	2,69	2,11	2,41	1,99
Equity Ratio	0,64	0,57	0,64	0,62
Gross Profit Margin	76,37 %	55,36 %	74,3 %	87,69 %