ODDVAR FLATEBØ MASKINUTLEIE AS

5590 ETNE

Finances

Return on Equity

−84,49 %

Current Ratio

0,97

Debt-to-Equity Ratio

4,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 003 000	4 593 000	4 246 000	4 279 000
Net Income	−632 000	−612 000	−574 000	−558 000
Total Assets	5 850 000	6 064 000	7 641 000	8 122 000
Total Equity	748 000	1 380 000	1 992 000	565 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 003 000	4 593 000	4 246 000	4 279 000
Expenditure	4 789 000	5 349 000	4 929 000	4 909 000
Operating Profit	−785 000	−757 000	−683 000	−630 000
Financial Income	0	0	0	0
Financial Costs	25 000	28 000	53 000	85 000
Financial Balance	−25 000	−28 000	−53 000	−85 000
Earnings Before Tax	−810 000	−784 000	−736 000	−715 000
Tax	−178 000	−172 000	−162 000	−157 000
Net Income	−632 000	−612 000	−574 000	−558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 163 000	3 759 000	4 445 000	5 773 000
Total Current Assets	1 687 000	2 305 000	3 196 000	2 349 000
Total Assets	5 850 000	6 064 000	7 641 000	8 122 000
Total Retained Equity	0	0	0	71 000
Total Equity	748 000	1 380 000	1 992 000	565 000
Total Long-Term Debt	3 357 000	3 593 000	4 435 000	6 947 000
Total Current Debt	1 745 000	1 091 000	1 215 000	610 000
Total Equity and Debt	5 850 000	6 064 000	7 641 000	8 122 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 554 000	4 026 000	3 743 000	3 979 000
Other Income	449 000	566 000	503 000	300 000
Revenue	4 003 000	4 593 000	4 246 000	4 279 000
Cost of Goods Sold	344 000	56 000	98 000	154 000
Salary Costs	1 643 000	1 724 000	1 668 000	1 520 000
Depreciation	752 000	749 000	1 069 000	1 135 000
Impairment	0	0	0	0
Expenditure	4 789 000	5 349 000	4 929 000	4 909 000
Operating Profit	−785 000	−757 000	−683 000	−630 000
Financial Income	0	0	0	0
Financial Costs	25 000	28 000	53 000	85 000
Financial Balance	−25 000	−28 000	−53 000	−85 000
Dividends	0	0	0	0
Net Income	−632 000	−612 000	−574 000	−558 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	638 000	460 000	287 000	125 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 500 000	3 274 000	4 133 000	5 623 000
Total Tangible Assets	3 500 000	3 274 000	4 133 000	5 623 000
Total Fiancial Fixed Assets	25 000	25 000	25 000	25 000
Total Fixed Assets	4 163 000	3 759 000	4 445 000	5 773 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	631 000	100 000	528 000
Total Current Assets	1 687 000	2 305 000	3 196 000	2 349 000
Total Assets	5 850 000	6 064 000	7 641 000	8 122 000
Total Equity	748 000	1 380 000	1 992 000	565 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 357 000	3 593 000	4 435 000	6 947 000
Creditors	574 000	586 000	248 000	181 000
Unpaid Taxes	182 000	205 000	417 000	186 000
Dividends	0	0	0	0
Other Current Debt	357 000	300 000	420 000	242 000
Total Current Debt	1 745 000	1 091 000	1 215 000	610 000
Total Equity and Debt	5 850 000	6 064 000	7 641 000	8 122 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,49 %	−44,35 %	−28,82 %	−98,76 %
Debt-to-Equity Ratio	4,49	2,6	2,23	12,3
Operating Profit Margin	−19,61 %	−16,48 %	−16,09 %	−14,72 %
Current Ratio	0,97	2,11	2,63	3,85
Quick Ratio	0,97	2,11	2,63	3,85
Equity Ratio	0,13	0,23	0,26	0,07
Gross Profit Margin	91,41 %	98,78 %	97,69 %	96,4 %