ODDVAR HARESTAD AS

4070 RANDABERG

Finances

Return on Equity

31,38 %

Current Ratio

3,94

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 550 000	2 407 000	3 550 000	3 304 000
Net Income	503 000	−171 000	311 000	332 000
Total Assets	2 139 000	1 405 000	2 006 000	1 809 000
Total Equity	1 603 000	1 100 000	1 272 000	961 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 550 000	2 407 000	3 550 000	3 304 000
Expenditure	2 713 000	1 876 000	3 103 000	2 958 000
Operating Profit	838 000	531 000	448 000	347 000
Financial Income	138 000	303 000	147 000	84 000
Financial Costs	290 000	888 000	182 000	22 000
Financial Balance	−152 000	−585 000	−35 000	62 000
Earnings Before Tax	687 000	−54 000	412 000	408 000
Tax	184 000	117 000	101 000	76 000
Net Income	503 000	−171 000	311 000	332 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	367 000	239 000	934 000	1 029 000
Total Current Assets	1 771 000	1 166 000	1 072 000	780 000
Total Assets	2 139 000	1 405 000	2 006 000	1 809 000
Total Retained Equity	1 503 000	1 000 000	1 172 000	861 000
Total Equity	1 603 000	1 100 000	1 272 000	961 000
Total Long-Term Debt	87 000	91 000	374 000	404 000
Total Current Debt	449 000	214 000	361 000	444 000
Total Equity and Debt	2 139 000	1 405 000	2 006 000	1 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 455 000	1 967 000	3 542 000	3 250 000
Other Income	95 000	440 000	8 000	53 000
Revenue	3 550 000	2 407 000	3 550 000	3 304 000
Cost of Goods Sold	1 471 000	923 000	1 166 000	708 000
Salary Costs	874 000	549 000	1 409 000	1 758 000
Depreciation	6 000	49 000	96 000	55 000
Impairment	0	0	0	0
Expenditure	2 713 000	1 876 000	3 103 000	2 958 000
Operating Profit	838 000	531 000	448 000	347 000
Financial Income	138 000	303 000	147 000	84 000
Financial Costs	290 000	888 000	182 000	22 000
Financial Balance	−152 000	−585 000	−35 000	62 000
Dividends	0	0	0	0
Net Income	503 000	−171 000	311 000	332 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	612 000	628 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	267 000	139 000	222 000	301 000
Total Tangible Assets	267 000	139 000	834 000	929 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	367 000	239 000	934 000	1 029 000
Stock	0	0	0	0
Total Investments	1 148 000	779 000	464 000	159 000
Cash, Bank	504 000	247 000	402 000	338 000
Total Current Assets	1 771 000	1 166 000	1 072 000	780 000
Total Assets	2 139 000	1 405 000	2 006 000	1 809 000
Total Equity	1 603 000	1 100 000	1 272 000	961 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	87 000	91 000	374 000	404 000
Creditors	94 000	31 000	31 000	66 000
Unpaid Taxes	85 000	91 000	116 000	170 000
Dividends	0	0	0	0
Other Current Debt	82 000	52 000	112 000	153 000
Total Current Debt	449 000	214 000	361 000	444 000
Total Equity and Debt	2 139 000	1 405 000	2 006 000	1 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,38 %	−15,55 %	24,45 %	34,55 %
Debt-to-Equity Ratio	0,05	0,08	0,29	0,42
Operating Profit Margin	23,61 %	22,06 %	12,62 %	10,5 %
Current Ratio	3,94	5,45	2,97	1,76
Quick Ratio	3,94	5,45	2,97	1,76
Equity Ratio	0,75	0,78	0,63	0,53
Gross Profit Margin	58,56 %	61,65 %	67,15 %	78,57 %