ODDVAR STRAND AS

6142 EIDSÅ

Finances

Return on Equity

−10,44 %

Current Ratio

15,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 000	0	1 706 000	912 000
Net Income	−383 000	−344 000	1 664 000	227 000
Total Assets	3 719 000	4 192 000	4 932 000	3 743 000
Total Equity	3 669 000	4 052 000	4 596 000	3 332 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 000	0	1 706 000	912 000
Expenditure	438 000	362 000	613 000	591 000
Operating Profit	−394 000	−361 000	1 094 000	322 000
Financial Income	11 000	5 000	724 000	6 000
Financial Costs	0	−12 000	0	30 000
Financial Balance	11 000	17 000	724 000	−24 000
Earnings Before Tax	−383 000	−344 000	1 817 000	298 000
Tax	0	−1 000	153 000	71 000
Net Income	−383 000	−344 000	1 664 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 966 000	2 246 000	1 729 000	2 310 000
Total Current Assets	753 000	1 946 000	3 203 000	1 433 000
Total Assets	3 719 000	4 192 000	4 932 000	3 743 000
Total Retained Equity	2 955 000	3 338 000	3 882 000	2 618 000
Total Equity	3 669 000	4 052 000	4 596 000	3 332 000
Total Long-Term Debt	0	0	1 000	88 000
Total Current Debt	50 000	140 000	335 000	323 000
Total Equity and Debt	3 719 000	4 192 000	4 932 000	3 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 000	0	1 606 000	912 000
Other Income	0	0	100 000	0
Revenue	44 000	0	1 706 000	912 000
Cost of Goods Sold	0	0	30 000	0
Salary Costs	0	178 000	288 000	273 000
Depreciation	15 000	21 000	6 000	5 000
Impairment	0	0	0	0
Expenditure	438 000	362 000	613 000	591 000
Operating Profit	−394 000	−361 000	1 094 000	322 000
Financial Income	11 000	5 000	724 000	6 000
Financial Costs	0	−12 000	0	30 000
Financial Balance	11 000	17 000	724 000	−24 000
Dividends	0	0	400 000	0
Net Income	−383 000	−344 000	1 664 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 976 000	1 235 000	834 000	603 000
Machinery and Plant Facilities	172 000	36 000	12 000	15 000
Fixtures	17 000	23 000	49 000	10 000
Total Tangible Assets	2 165 000	1 293 000	895 000	628 000
Total Fiancial Fixed Assets	801 000	953 000	834 000	1 683 000
Total Fixed Assets	2 966 000	2 246 000	1 729 000	2 310 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	699 000	1 725 000	2 958 000	907 000
Total Current Assets	753 000	1 946 000	3 203 000	1 433 000
Total Assets	3 719 000	4 192 000	4 932 000	3 743 000
Total Equity	3 669 000	4 052 000	4 596 000	3 332 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	88 000
Creditors	13 000	47 000	4 000	16 000
Unpaid Taxes	0	0	23 000	156 000
Dividends	0	0	400 000	0
Other Current Debt	37 000	93 000	69 000	90 000
Total Current Debt	50 000	140 000	335 000	323 000
Total Equity and Debt	3 719 000	4 192 000	4 932 000	3 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,44 %	−8,49 %	36,21 %	6,81 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	−895,45 %	-	64,13 %	35,31 %
Current Ratio	15,06	13,9	9,56	4,44
Quick Ratio	15,06	13,9	9,56	4,44
Equity Ratio	0,99	0,97	0,93	0,89
Gross Profit Margin	100 %	-	98,24 %	100 %