ODIN VESTAD AS

2338 ESPA

Finances

Return on Equity

27,26 %

Current Ratio

3,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	242 000	0
Net Income	648 000	−33 000	−333 000	102 000
Total Assets	2 477 000	1 911 000	2 275 000	4 120 000
Total Equity	2 377 000	1 830 000	2 262 000	3 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	242 000	0
Expenditure	54 000	45 000	114 000	41 000
Operating Profit	−54 000	−45 000	128 000	−41 000
Financial Income	724 000	11 000	3 000	198 000
Financial Costs	32 000	1 000	452 000	55 000
Financial Balance	692 000	10 000	−449 000	143 000
Earnings Before Tax	638 000	−35 000	−321 000	102 000
Tax	−9 000	−2 000	11 000	0
Net Income	648 000	−33 000	−333 000	102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 144 000	1 453 000	1 238 000	3 261 000
Total Current Assets	333 000	458 000	1 037 000	859 000
Total Assets	2 477 000	1 911 000	2 275 000	4 120 000
Total Retained Equity	1 867 000	1 320 000	1 752 000	3 085 000
Total Equity	2 377 000	1 830 000	2 262 000	3 595 000
Total Long-Term Debt	0	9 000	11 000	0
Total Current Debt	100 000	72 000	2 000	525 000
Total Equity and Debt	2 477 000	1 911 000	2 275 000	4 120 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	242 000	0
Other Income	0	0	0	0
Revenue	0	0	242 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	54 000	45 000	114 000	41 000
Operating Profit	−54 000	−45 000	128 000	−41 000
Financial Income	724 000	11 000	3 000	198 000
Financial Costs	32 000	1 000	452 000	55 000
Financial Balance	692 000	10 000	−449 000	143 000
Dividends	100 000	400 000	0	0
Net Income	648 000	−33 000	−333 000	102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	205 000	205 000	0	1 488 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	205 000	205 000	0	1 488 000
Total Fiancial Fixed Assets	1 939 000	1 248 000	1 238 000	1 774 000
Total Fixed Assets	2 144 000	1 453 000	1 238 000	3 261 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	275 000	458 000	1 037 000	459 000
Total Current Assets	333 000	458 000	1 037 000	859 000
Total Assets	2 477 000	1 911 000	2 275 000	4 120 000
Total Equity	2 377 000	1 830 000	2 262 000	3 595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	11 000	0
Creditors	0	0	0	123 000
Unpaid Taxes	0	0	0	0
Dividends	100 000	400 000	0	0
Other Current Debt	0	72 000	2 000	402 000
Total Current Debt	100 000	72 000	2 000	525 000
Total Equity and Debt	2 477 000	1 911 000	2 275 000	4 120 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,26 %	−1,8 %	−14,72 %	2,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	52,89 %	-
Current Ratio	3,33	6,36	518,5	1,64
Quick Ratio	3,33	6,36	518,5	1,64
Equity Ratio	0,96	0,96	0,99	0,87
Gross Profit Margin	-	-	100 %	-