ODAL EIENDOMSUTVIKLING AS

2100 SKARNES

Finances

Return on Equity

41,99 %

Current Ratio

38,71

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 913 000	16 190 000	18 988 000	19 903 000
Net Income	1 908 000	489 000	−345 000	−601 000
Total Assets	6 539 000	7 259 000	9 055 000	10 573 000
Total Equity	4 544 000	2 636 000	2 147 000	2 492 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 913 000	16 190 000	18 988 000	19 903 000
Expenditure	882 000	15 516 000	19 121 000	20 561 000
Operating Profit	2 032 000	674 000	−133 000	−658 000
Financial Income	0	0	10 000	311 000
Financial Costs	124 000	185 000	223 000	254 000
Financial Balance	−124 000	−185 000	−213 000	57 000
Earnings Before Tax	1 908 000	489 000	−345 000	−601 000
Tax	0	0	0	0
Net Income	1 908 000	489 000	−345 000	−601 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 455 000	6 279 000	6 831 000	7 523 000
Total Current Assets	1 084 000	980 000	2 224 000	3 050 000
Total Assets	6 539 000	7 259 000	9 055 000	10 573 000
Total Retained Equity	4 444 000	2 536 000	2 047 000	2 392 000
Total Equity	4 544 000	2 636 000	2 147 000	2 492 000
Total Long-Term Debt	1 967 000	2 556 000	3 173 000	4 762 000
Total Current Debt	28 000	2 066 000	3 735 000	3 319 000
Total Equity and Debt	6 539 000	7 259 000	9 055 000	10 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	465 000	15 605 000	18 283 000	19 536 000
Other Income	2 448 000	585 000	705 000	367 000
Revenue	2 913 000	16 190 000	18 988 000	19 903 000
Cost of Goods Sold	0	1 900 000	2 757 000	2 763 000
Salary Costs	−60 000	5 183 000	6 146 000	6 648 000
Depreciation	35 000	275 000	502 000	899 000
Impairment	0	0	0	436 000
Expenditure	882 000	15 516 000	19 121 000	20 561 000
Operating Profit	2 032 000	674 000	−133 000	−658 000
Financial Income	0	0	10 000	311 000
Financial Costs	124 000	185 000	223 000	254 000
Financial Balance	−124 000	−185 000	−213 000	57 000
Dividends	0	0	0	0
Net Income	1 908 000	489 000	−345 000	−601 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	879 000	1 431 000	2 123 000
Total Tangible Assets	55 000	879 000	1 431 000	2 123 000
Total Fiancial Fixed Assets	5 400 000	5 400 000	5 400 000	5 400 000
Total Fixed Assets	5 455 000	6 279 000	6 831 000	7 523 000
Stock	0	0	0	0
Total Investments	0	0	0	7 000
Cash, Bank	1 073 000	192 000	359 000	375 000
Total Current Assets	1 084 000	980 000	2 224 000	3 050 000
Total Assets	6 539 000	7 259 000	9 055 000	10 573 000
Total Equity	4 544 000	2 636 000	2 147 000	2 492 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 967 000	2 556 000	3 173 000	4 762 000
Creditors	0	421 000	1 456 000	1 242 000
Unpaid Taxes	0	344 000	597 000	724 000
Dividends	0	0	0	0
Other Current Debt	28 000	487 000	845 000	1 353 000
Total Current Debt	28 000	2 066 000	3 735 000	3 319 000
Total Equity and Debt	6 539 000	7 259 000	9 055 000	10 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,99 %	18,55 %	−16,07 %	−24,12 %
Debt-to-Equity Ratio	0,43	0,97	1,48	1,91
Operating Profit Margin	69,76 %	4,16 %	−0,7 %	−3,31 %
Current Ratio	38,71	0,47	0,6	0,92
Quick Ratio	38,71	0,47	0,6	0,92
Equity Ratio	0,69	0,36	0,24	0,24
Gross Profit Margin	100 %	88,26 %	85,48 %	86,12 %