MORTEN ODDEN AS

0681 OSLO

Finances

Return on Equity

22,08 %

Current Ratio

9,08

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	450 000	871 000	890 000	939 000
Net Income	1 975 000	538 000	1 894 000	464 000
Total Assets	16 511 000	17 788 000	14 472 000	15 377 000
Total Equity	8 945 000	6 969 000	6 431 000	4 537 000

Income (NOK)	2022	2021	2020	2019
Revenue	450 000	871 000	890 000	939 000
Expenditure	454 000	355 000	549 000	309 000
Operating Profit	−5 000	515 000	341 000	630 000
Financial Income	2 217 000	191 000	1 930 000	12 000
Financial Costs	237 000	167 000	377 000	177 000
Financial Balance	1 980 000	24 000	1 553 000	−165 000
Earnings Before Tax	1 975 000	538 000	1 894 000	464 000
Tax	0	0	0	0
Net Income	1 975 000	538 000	1 894 000	464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 313 000	17 577 000	10 290 000	12 327 000
Total Current Assets	1 198 000	211 000	4 183 000	3 050 000
Total Assets	16 511 000	17 788 000	14 472 000	15 377 000
Total Retained Equity	5 479 000	3 504 000	2 966 000	1 072 000
Total Equity	8 945 000	6 969 000	6 431 000	4 537 000
Total Long-Term Debt	7 434 000	10 582 000	5 093 000	9 935 000
Total Current Debt	132 000	237 000	2 948 000	906 000
Total Equity and Debt	16 511 000	17 788 000	14 472 000	15 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	450 000	835 000	890 000	814 000
Other Income	0	36 000	0	125 000
Revenue	450 000	871 000	890 000	939 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	0	−60 000	−65 000
Impairment	0	0	0	0
Expenditure	454 000	355 000	549 000	309 000
Operating Profit	−5 000	515 000	341 000	630 000
Financial Income	2 217 000	191 000	1 930 000	12 000
Financial Costs	237 000	167 000	377 000	177 000
Financial Balance	1 980 000	24 000	1 553 000	−165 000
Dividends	0	0	0	0
Net Income	1 975 000	538 000	1 894 000	464 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 782 000	8 056 000	6 612 000	9 929 000
Machinery and Plant Facilities	13 000	16 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 794 000	8 072 000	6 612 000	9 929 000
Total Fiancial Fixed Assets	8 518 000	9 505 000	3 677 000	2 398 000
Total Fixed Assets	15 313 000	17 577 000	10 290 000	12 327 000
Stock	0	0	0	0
Total Investments	25 000	25 000	0	0
Cash, Bank	953 000	121 000	485 000	51 000
Total Current Assets	1 198 000	211 000	4 183 000	3 050 000
Total Assets	16 511 000	17 788 000	14 472 000	15 377 000
Total Equity	8 945 000	6 969 000	6 431 000	4 537 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 434 000	10 582 000	5 093 000	9 935 000
Creditors	48 000	112 000	508 000	508 000
Unpaid Taxes	7 000	20 000	448 000	326 000
Dividends	0	0	0	0
Other Current Debt	78 000	106 000	1 992 000	72 000
Total Current Debt	132 000	237 000	2 948 000	906 000
Total Equity and Debt	16 511 000	17 788 000	14 472 000	15 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,08 %	7,72 %	29,45 %	10,23 %
Debt-to-Equity Ratio	0,83	1,52	0,79	2,19
Operating Profit Margin	−1,11 %	59,13 %	38,31 %	67,09 %
Current Ratio	9,08	0,89	1,42	3,37
Quick Ratio	9,08	0,89	1,42	3,37
Equity Ratio	0,54	0,39	0,44	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %