ODFJELL ENGINEERING AS

5257 KOKSTAD

Finances

Return on Equity

260,56 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	498 654 000	324 880 000	293 604 000	251 214 000
Net Income	41 745 000	7 357 000	33 139 000	26 800 000
Total Assets	186 784 000	129 006 000	106 119 000	303 593 000
Total Equity	16 021 000	16 164 000	8 807 000	224 291 000

Income (NOK)	2022	2021	2020	2019
Revenue	498 654 000	324 880 000	293 604 000	251 214 000
Expenditure	441 303 000	313 503 000	254 193 000	219 084 000
Operating Profit	57 351 000	11 377 000	39 411 000	32 130 000
Financial Income	282 000	6 000	3 757 000	2 835 000
Financial Costs	3 864 000	1 370 000	111 000	35 000
Financial Balance	−3 582 000	−1 364 000	3 646 000	2 800 000
Earnings Before Tax	53 769 000	10 013 000	43 057 000	34 930 000
Tax	12 024 000	2 656 000	9 918 000	8 130 000
Net Income	41 745 000	7 357 000	33 139 000	26 800 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 139 000	5 944 000	6 636 000	7 786 000
Total Current Assets	178 645 000	123 062 000	99 483 000	295 807 000
Total Assets	186 784 000	129 006 000	106 119 000	303 593 000
Total Retained Equity	0	−55 445 000	−62 801 000	−62 802 000
Total Equity	16 021 000	16 164 000	8 807 000	224 291 000
Total Long-Term Debt	747 000	621 000	579 000	145 000
Total Current Debt	170 017 000	112 221 000	96 733 000	79 157 000
Total Equity and Debt	186 784 000	129 006 000	106 119 000	303 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	491 640 000	324 880 000	293 604 000	251 214 000
Other Income	7 014 000	0	0	0
Revenue	498 654 000	324 880 000	293 604 000	251 214 000
Cost of Goods Sold	0	0	0	0
Salary Costs	196 826 000	136 817 000	96 680 000	84 831 000
Depreciation	947 000	2 353 000	2 282 000	1 996 000
Impairment	0	0	0	0
Expenditure	441 303 000	313 503 000	254 193 000	219 084 000
Operating Profit	57 351 000	11 377 000	39 411 000	32 130 000
Financial Income	282 000	6 000	3 757 000	2 835 000
Financial Costs	3 864 000	1 370 000	111 000	35 000
Financial Balance	−3 582 000	−1 364 000	3 646 000	2 800 000
Dividends	0	0	0	0
Net Income	41 745 000	7 357 000	33 139 000	26 800 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	496 000	2 479 000	4 462 000
Total Intangible Assets	1 869 000	496 000	2 479 000	4 462 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 439 000	1 830 000	678 000	0
Fixtures	407 000	0	0	374 000
Total Tangible Assets	1 846 000	1 830 000	678 000	374 000
Total Fiancial Fixed Assets	4 424 000	3 618 000	3 479 000	2 950 000
Total Fixed Assets	8 139 000	5 944 000	6 636 000	7 786 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 481 000	5 708 000	4 378 000	3 462 000
Total Current Assets	178 645 000	123 062 000	99 483 000	295 807 000
Total Assets	186 784 000	129 006 000	106 119 000	303 593 000
Total Equity	16 021 000	16 164 000	8 807 000	224 291 000
Short-Term Group Debt	0	9 374 000	51 042 000	36 775 000
Total Long-Term Debt	747 000	621 000	579 000	145 000
Creditors	57 618 000	19 312 000	16 126 000	14 300 000
Unpaid Taxes	19 886 000	52 611 000	7 165 000	6 452 000
Dividends	0	0	0	0
Other Current Debt	92 513 000	30 924 000	22 400 000	21 630 000
Total Current Debt	170 017 000	112 221 000	96 733 000	79 157 000
Total Equity and Debt	186 784 000	129 006 000	106 119 000	303 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	260,56 %	45,51 %	376,28 %	11,95 %
Debt-to-Equity Ratio	0,05	0,04	0,07	0
Operating Profit Margin	11,5 %	3,5 %	13,42 %	12,79 %
Current Ratio	1,05	1,1	1,03	3,74
Quick Ratio	1,05	1,1	1,03	3,74
Equity Ratio	0,09	0,13	0,08	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %