ODIN COMPOSITES DESIGN AND ENGINEERING AS

1623 GRESSVIK

Finances

Share Ownership

Return on Equity

−10,73 %

Current Ratio

250

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 000	149 000	208 000	752 000
Net Income	−118 000	−61 000	−220 000	43 000
Total Assets	1 101 000	1 262 000	1 323 000	1 579 000
Total Equity	1 100 000	1 262 000	1 323 000	1 543 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 000	149 000	208 000	752 000
Expenditure	156 000	263 000	433 000	701 000
Operating Profit	−122 000	−114 000	−224 000	52 000
Financial Income	3 000	4 000	5 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	3 000	4 000	5 000	3 000
Earnings Before Tax	−118 000	−110 000	−220 000	55 000
Tax	0	−48 000	0	12 000
Net Income	−118 000	−61 000	−220 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	851 000	896 000	946 000	999 000
Total Current Assets	250 000	366 000	378 000	580 000
Total Assets	1 101 000	1 262 000	1 323 000	1 579 000
Total Retained Equity	1 070 000	1 232 000	1 293 000	1 513 000
Total Equity	1 100 000	1 262 000	1 323 000	1 543 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 000	1 000	1 000	36 000
Total Equity and Debt	1 101 000	1 262 000	1 323 000	1 579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 000	149 000	208 000	752 000
Other Income	0	0	0	0
Revenue	33 000	149 000	208 000	752 000
Cost of Goods Sold	3 000	20 000	40 000	241 000
Salary Costs	1 000	1 000	1 000	1 000
Depreciation	46 000	49 000	53 000	58 000
Impairment	0	0	0	0
Expenditure	156 000	263 000	433 000	701 000
Operating Profit	−122 000	−114 000	−224 000	52 000
Financial Income	3 000	4 000	5 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	3 000	4 000	5 000	3 000
Dividends	44 000	0	0	0
Net Income	−118 000	−61 000	−220 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	838 000	881 000	926 000	975 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	16 000	19 000	24 000
Total Tangible Assets	851 000	896 000	946 000	999 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	851 000	896 000	946 000	999 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	250 000	366 000	358 000	580 000
Total Current Assets	250 000	366 000	378 000	580 000
Total Assets	1 101 000	1 262 000	1 323 000	1 579 000
Total Equity	1 100 000	1 262 000	1 323 000	1 543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	1 000	1 000	1 000	24 000
Dividends	44 000	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	1 000	1 000	36 000
Total Equity and Debt	1 101 000	1 262 000	1 323 000	1 579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,73 %	−4,83 %	−16,63 %	2,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−369,7 %	−76,51 %	−107,69 %	6,91 %
Current Ratio	250	366	378	16,11
Quick Ratio	250	366	378	16,11
Equity Ratio	1	1	1	0,98
Gross Profit Margin	90,91 %	86,58 %	80,77 %	67,95 %