ODD ARNE LARSEN INVEST AS

5237 RÅDAL

Finances

Return on Equity

20,25 %

Current Ratio

4,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 883 000	1 849 000	1 743 000
Net Income	7 780 000	15 888 000	565 000	356 000
Total Assets	42 954 000	40 614 000	37 102 000	30 593 000
Total Equity	38 419 000	35 639 000	25 451 000	25 985 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 883 000	1 849 000	1 743 000
Expenditure	1 537 000	1 874 000	1 808 000	1 965 000
Operating Profit	−1 537 000	9 000	41 000	−222 000
Financial Income	11 221 000	18 178 000	1 481 000	679 000
Financial Costs	1 919 000	2 188 000	957 000	100 000
Financial Balance	9 302 000	15 990 000	524 000	579 000
Earnings Before Tax	7 765 000	15 998 000	565 000	356 000
Tax	−15 000	110 000	0	0
Net Income	7 780 000	15 888 000	565 000	356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 680 000	19 262 000	25 535 000	26 347 000
Total Current Assets	18 275 000	21 352 000	11 567 000	4 246 000
Total Assets	42 954 000	40 614 000	37 102 000	30 593 000
Total Retained Equity	37 419 000	34 639 000	24 451 000	24 985 000
Total Equity	38 419 000	35 639 000	25 451 000	25 985 000
Total Long-Term Debt	0	15 000	8 181 000	3 846 000
Total Current Debt	4 535 000	4 961 000	3 470 000	761 000
Total Equity and Debt	42 954 000	40 614 000	37 102 000	30 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 883 000	1 849 000	1 743 000
Other Income	0	0	0	0
Revenue	0	1 883 000	1 849 000	1 743 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 241 000	1 734 000	1 750 000	1 695 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 537 000	1 874 000	1 808 000	1 965 000
Operating Profit	−1 537 000	9 000	41 000	−222 000
Financial Income	11 221 000	18 178 000	1 481 000	679 000
Financial Costs	1 919 000	2 188 000	957 000	100 000
Financial Balance	9 302 000	15 990 000	524 000	579 000
Dividends	5 000 000	5 700 000	1 100 000	1 000 000
Net Income	7 780 000	15 888 000	565 000	356 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	24 680 000	19 262 000	25 535 000	26 347 000
Total Fixed Assets	24 680 000	19 262 000	25 535 000	26 347 000
Stock	0	0	0	0
Total Investments	4 485 000	3 661 000	0	0
Cash, Bank	13 786 000	14 170 000	3 752 000	3 561 000
Total Current Assets	18 275 000	21 352 000	11 567 000	4 246 000
Total Assets	42 954 000	40 614 000	37 102 000	30 593 000
Total Equity	38 419 000	35 639 000	25 451 000	25 985 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 000	8 181 000	3 846 000
Creditors	5 000	7 000	104 000	0
Unpaid Taxes	74 000	201 000	207 000	185 000
Dividends	5 000 000	5 700 000	1 100 000	1 000 000
Other Current Debt	4 456 000	4 656 000	3 159 000	575 000
Total Current Debt	4 535 000	4 961 000	3 470 000	761 000
Total Equity and Debt	42 954 000	40 614 000	37 102 000	30 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,25 %	44,58 %	2,22 %	1,37 %
Debt-to-Equity Ratio	0	0	0,32	0,15
Operating Profit Margin	-	0,48 %	2,22 %	−12,74 %
Current Ratio	4,03	4,3	3,33	5,58
Quick Ratio	4,03	4,3	3,33	5,58
Equity Ratio	0,89	0,88	0,69	0,85
Gross Profit Margin	-	100 %	100 %	100 %