ODIN PROSJEKT AS

5059 BERGEN

Finances

Return on Equity

9,09 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 756 000	46 328 000	38 471 000	30 267 000
Net Income	901 000	2 298 000	3 048 000	2 061 000
Total Assets	18 710 000	17 045 000	17 570 000	12 549 000
Total Equity	9 908 000	9 006 000	8 708 000	7 660 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 756 000	46 328 000	38 471 000	30 267 000
Expenditure	48 649 000	43 367 000	34 588 000	27 636 000
Operating Profit	1 106 000	2 961 000	3 882 000	2 630 000
Financial Income	53 000	29 000	29 000	24 000
Financial Costs	4 000	7 000	4 000	3 000
Financial Balance	49 000	22 000	25 000	21 000
Earnings Before Tax	1 156 000	2 984 000	3 907 000	2 651 000
Tax	254 000	686 000	859 000	591 000
Net Income	901 000	2 298 000	3 048 000	2 061 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 262 000	1 951 000	1 307 000	567 000
Total Current Assets	16 449 000	15 094 000	16 263 000	11 981 000
Total Assets	18 710 000	17 045 000	17 570 000	12 549 000
Total Retained Equity	9 813 000	8 911 000	8 613 000	7 565 000
Total Equity	9 908 000	9 006 000	8 708 000	7 660 000
Total Long-Term Debt	10 000	0	0	0
Total Current Debt	8 793 000	8 039 000	8 861 000	4 888 000
Total Equity and Debt	18 710 000	17 045 000	17 570 000	12 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 756 000	46 328 000	38 471 000	30 255 000
Other Income	0	0	0	12 000
Revenue	49 756 000	46 328 000	38 471 000	30 267 000
Cost of Goods Sold	6 703 000	4 810 000	3 981 000	1 727 000
Salary Costs	32 358 000	32 083 000	24 049 000	21 502 000
Depreciation	300 000	201 000	126 000	95 000
Impairment	0	0	0	0
Expenditure	48 649 000	43 367 000	34 588 000	27 636 000
Operating Profit	1 106 000	2 961 000	3 882 000	2 630 000
Financial Income	53 000	29 000	29 000	24 000
Financial Costs	4 000	7 000	4 000	3 000
Financial Balance	49 000	22 000	25 000	21 000
Dividends	0	2 000 000	2 000 000	0
Net Income	901 000	2 298 000	3 048 000	2 061 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 183 000	422 000	370 000	112 000
Total Tangible Assets	1 183 000	422 000	370 000	112 000
Total Fiancial Fixed Assets	1 004 000	1 529 000	937 000	455 000
Total Fixed Assets	2 262 000	1 951 000	1 307 000	567 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 776 000	4 460 000	7 229 000	4 496 000
Total Current Assets	16 449 000	15 094 000	16 263 000	11 981 000
Total Assets	18 710 000	17 045 000	17 570 000	12 549 000
Total Equity	9 908 000	9 006 000	8 708 000	7 660 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	0	0	0
Creditors	2 265 000	585 000	502 000	−55 000
Unpaid Taxes	3 505 000	4 509 000	3 720 000	2 841 000
Dividends	0	2 000 000	2 000 000	0
Other Current Debt	2 779 000	2 259 000	1 780 000	1 512 000
Total Current Debt	8 793 000	8 039 000	8 861 000	4 888 000
Total Equity and Debt	18 710 000	17 045 000	17 570 000	12 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,09 %	25,52 %	35 %	26,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,22 %	6,39 %	10,09 %	8,69 %
Current Ratio	1,87	1,88	1,84	2,45
Quick Ratio	1,87	1,88	1,84	2,45
Equity Ratio	0,53	0,53	0,5	0,61
Gross Profit Margin	86,53 %	89,62 %	89,65 %	94,29 %