ODDVAR OLSEN & CO AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

−15,55 %

Current Ratio

3,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 698 000	3 148 000	2 875 000	2 613 000
Net Income	−401 000	237 000	548 000	84 000
Total Assets	3 079 000	3 712 000	3 792 000	3 212 000
Total Equity	2 578 000	2 979 000	2 742 000	2 194 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 698 000	3 148 000	2 875 000	2 613 000
Expenditure	3 147 000	2 830 000	2 142 000	2 480 000
Operating Profit	−449 000	318 000	733 000	134 000
Financial Income	0	0	0	0
Financial Costs	0	14 000	29 000	38 000
Financial Balance	0	−14 000	−29 000	−38 000
Earnings Before Tax	−449 000	304 000	704 000	96 000
Tax	−48 000	67 000	156 000	12 000
Net Income	−401 000	237 000	548 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 206 000	1 340 000	1 456 000	1 356 000
Total Current Assets	1 873 000	2 372 000	2 336 000	1 856 000
Total Assets	3 079 000	3 712 000	3 792 000	3 212 000
Total Retained Equity	1 346 000	1 747 000	1 510 000	963 000
Total Equity	2 578 000	2 979 000	2 742 000	2 194 000
Total Long-Term Debt	0	48 000	486 000	599 000
Total Current Debt	501 000	685 000	564 000	419 000
Total Equity and Debt	3 079 000	3 712 000	3 792 000	3 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 507 000	2 884 000	2 537 000	2 217 000
Other Income	192 000	264 000	338 000	396 000
Revenue	2 698 000	3 148 000	2 875 000	2 613 000
Cost of Goods Sold	743 000	894 000	699 000	831 000
Salary Costs	1 858 000	1 334 000	1 005 000	917 000
Depreciation	141 000	136 000	109 000	69 000
Impairment	0	0	0	0
Expenditure	3 147 000	2 830 000	2 142 000	2 480 000
Operating Profit	−449 000	318 000	733 000	134 000
Financial Income	0	0	0	0
Financial Costs	0	14 000	29 000	38 000
Financial Balance	0	−14 000	−29 000	−38 000
Dividends	0	0	0	0
Net Income	−401 000	237 000	548 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	975 000	1 007 000	1 039 000	1 071 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	224 000	333 000	418 000	285 000
Total Tangible Assets	1 199 000	1 340 000	1 456 000	1 356 000
Total Fiancial Fixed Assets	7 000	0	0	0
Total Fixed Assets	1 206 000	1 340 000	1 456 000	1 356 000
Stock	1 021 000	1 224 000	1 223 000	1 311 000
Total Investments	0	0	0	0
Cash, Bank	607 000	934 000	938 000	177 000
Total Current Assets	1 873 000	2 372 000	2 336 000	1 856 000
Total Assets	3 079 000	3 712 000	3 792 000	3 212 000
Total Equity	2 578 000	2 979 000	2 742 000	2 194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	48 000	486 000	599 000
Creditors	24 000	159 000	74 000	102 000
Unpaid Taxes	211 000	242 000	190 000	135 000
Dividends	0	0	0	0
Other Current Debt	266 000	213 000	184 000	182 000
Total Current Debt	501 000	685 000	564 000	419 000
Total Equity and Debt	3 079 000	3 712 000	3 792 000	3 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,55 %	7,96 %	19,99 %	3,83 %
Debt-to-Equity Ratio	0	0,02	0,18	0,27
Operating Profit Margin	−16,64 %	10,1 %	25,5 %	5,13 %
Current Ratio	3,74	3,46	4,14	4,43
Quick Ratio	−3,6	−4,4	−3,54	−2,08
Equity Ratio	0,84	0,8	0,72	0,68
Gross Profit Margin	72,46 %	71,6 %	75,69 %	68,2 %