ODINS ØYE AS

3126 TØNSBERG

Finances

Return on Equity

−1,81 %

Current Ratio

7,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 053 000	836 000	1 133 000	1 082 000
Net Income	−24 000	147 000	529 000	−90 000
Total Assets	1 527 000	1 540 000	1 669 000	1 017 000
Total Equity	1 329 000	1 353 000	1 206 000	837 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 053 000	836 000	1 133 000	1 082 000
Expenditure	1 041 000	791 000	499 000	1 203 000
Operating Profit	13 000	45 000	634 000	−121 000
Financial Income	13 000	115 000	16 000	31 000
Financial Costs	44 000	0	0	0
Financial Balance	−31 000	115 000	16 000	31 000
Earnings Before Tax	−19 000	159 000	650 000	−90 000
Tax	5 000	12 000	121 000	0
Net Income	−24 000	147 000	529 000	−90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	26 000	200 000	195 000
Total Current Assets	1 501 000	1 514 000	1 468 000	822 000
Total Assets	1 527 000	1 540 000	1 669 000	1 017 000
Total Retained Equity	1 135 000	1 159 000	1 012 000	643 000
Total Equity	1 329 000	1 353 000	1 206 000	837 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	198 000	187 000	462 000	180 000
Total Equity and Debt	1 527 000	1 540 000	1 669 000	1 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 053 000	836 000	1 133 000	1 082 000
Other Income	0	0	0	0
Revenue	1 053 000	836 000	1 133 000	1 082 000
Cost of Goods Sold	35 000	57 000	48 000	162 000
Salary Costs	780 000	554 000	298 000	822 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 041 000	791 000	499 000	1 203 000
Operating Profit	13 000	45 000	634 000	−121 000
Financial Income	13 000	115 000	16 000	31 000
Financial Costs	44 000	0	0	0
Financial Balance	−31 000	115 000	16 000	31 000
Dividends	0	0	160 000	0
Net Income	−24 000	147 000	529 000	−90 000

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	21 000	21 000	21 000	21 000
Total Tangible Assets	21 000	21 000	21 000	21 000
Total Fiancial Fixed Assets	5 000	5 000	179 000	174 000
Total Fixed Assets	26 000	26 000	200 000	195 000
Stock	0	0	0	0
Total Investments	235 000	280 000	0	0
Cash, Bank	1 194 000	1 166 000	1 428 000	811 000
Total Current Assets	1 501 000	1 514 000	1 468 000	822 000
Total Assets	1 527 000	1 540 000	1 669 000	1 017 000
Total Equity	1 329 000	1 353 000	1 206 000	837 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	6 000	17 000	7 000
Unpaid Taxes	80 000	84 000	70 000	83 000
Dividends	0	0	160 000	0
Other Current Debt	105 000	84 000	255 000	90 000
Total Current Debt	198 000	187 000	462 000	180 000
Total Equity and Debt	1 527 000	1 540 000	1 669 000	1 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,81 %	10,86 %	43,86 %	−10,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,23 %	5,38 %	55,96 %	−11,18 %
Current Ratio	7,58	8,1	3,18	4,57
Quick Ratio	7,58	8,1	3,18	4,57
Equity Ratio	0,87	0,88	0,72	0,82
Gross Profit Margin	96,68 %	93,18 %	95,76 %	85,03 %