KNUT ØDEGAARD & CO AS

3016 DRAMMEN

Finances

Return on Equity

−175,7 %

Current Ratio

1,69

Debt-to-Equity Ratio

20,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 409 000	21 530 000	20 502 000	5 010 000
Net Income	−441 000	460 000	−834 000	−2 305 000
Total Assets	11 585 000	12 979 000	11 950 000	3 514 000
Total Equity	251 000	692 000	−2 868 000	−2 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 409 000	21 530 000	20 502 000	5 010 000
Expenditure	21 452 000	20 697 000	20 911 000	5 027 000
Operating Profit	−44 000	833 000	−409 000	−17 000
Financial Income	17 000	10 000	24 000	373 000
Financial Costs	415 000	383 000	450 000	2 660 000
Financial Balance	−398 000	−373 000	−426 000	−2 287 000
Earnings Before Tax	−441 000	460 000	−834 000	−2 305 000
Tax	0	0	0	0
Net Income	−441 000	460 000	−834 000	−2 305 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 153 000	857 000	695 000	2 506 000
Total Current Assets	10 432 000	12 121 000	11 255 000	1 008 000
Total Assets	11 585 000	12 979 000	11 950 000	3 514 000
Total Retained Equity	−441 000	0	−4 451 000	−3 617 000
Total Equity	251 000	692 000	−2 868 000	−2 034 000
Total Long-Term Debt	5 175 000	5 809 000	9 466 000	3 228 000
Total Current Debt	6 158 000	6 477 000	5 352 000	2 320 000
Total Equity and Debt	11 585 000	12 979 000	11 950 000	3 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 356 000	20 058 000	18 762 000	0
Other Income	53 000	1 472 000	1 741 000	5 010 000
Revenue	21 409 000	21 530 000	20 502 000	5 010 000
Cost of Goods Sold	9 717 000	9 655 000	9 042 000	0
Salary Costs	6 515 000	5 906 000	6 537 000	3 523 000
Depreciation	277 000	187 000	232 000	57 000
Impairment	0	0	0	0
Expenditure	21 452 000	20 697 000	20 911 000	5 027 000
Operating Profit	−44 000	833 000	−409 000	−17 000
Financial Income	17 000	10 000	24 000	373 000
Financial Costs	415 000	383 000	450 000	2 660 000
Financial Balance	−398 000	−373 000	−426 000	−2 287 000
Dividends	0	0	0	0
Net Income	−441 000	460 000	−834 000	−2 305 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	224 000	39 000	64 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 119 000	596 000	618 000	136 000
Total Tangible Assets	1 119 000	596 000	618 000	136 000
Total Fiancial Fixed Assets	34 000	38 000	38 000	2 306 000
Total Fixed Assets	1 153 000	857 000	695 000	2 506 000
Stock	7 196 000	6 833 000	8 243 000	0
Total Investments	0	0	0	0
Cash, Bank	2 572 000	4 010 000	960 000	302 000
Total Current Assets	10 432 000	12 121 000	11 255 000	1 008 000
Total Assets	11 585 000	12 979 000	11 950 000	3 514 000
Total Equity	251 000	692 000	−2 868 000	−2 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 175 000	5 809 000	9 466 000	3 228 000
Creditors	1 871 000	1 558 000	1 332 000	164 000
Unpaid Taxes	406 000	1 446 000	1 627 000	303 000
Dividends	0	0	0	0
Other Current Debt	805 000	734 000	816 000	1 853 000
Total Current Debt	6 158 000	6 477 000	5 352 000	2 320 000
Total Equity and Debt	11 585 000	12 979 000	11 950 000	3 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−175,7 %	66,47 %	29,08 %	113,32 %
Debt-to-Equity Ratio	20,62	8,39	−3,3	−1,59
Operating Profit Margin	−0,21 %	3,87 %	−1,99 %	−0,34 %
Current Ratio	1,69	1,87	2,1	0,43
Quick Ratio	−10,05	−34,05	−3,89	0,43
Equity Ratio	0,02	0,05	−0,24	−0,58
Gross Profit Margin	54,61 %	55,16 %	55,9 %	100 %