OLAV ODDEN SVEISEVERKSTED AS

1383 ASKER

Finances

Share Ownership

Return on Equity

23,4 %

Current Ratio

2,66

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 481 000	4 504 000	4 302 000	5 211 000
Net Income	249 000	399 000	329 000	490 000
Total Assets	1 671 000	2 936 000	2 534 000	1 477 000
Total Equity	1 064 000	815 000	611 000	283 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 481 000	4 504 000	4 302 000	5 211 000
Expenditure	3 177 000	3 986 000	3 875 000	4 582 000
Operating Profit	305 000	518 000	426 000	629 000
Financial Income	19 000	11 000	0	1 000
Financial Costs	3 000	19 000	5 000	0
Financial Balance	16 000	−8 000	−5 000	1 000
Earnings Before Tax	321 000	511 000	421 000	629 000
Tax	72 000	113 000	93 000	139 000
Net Income	249 000	399 000	329 000	490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	882 000	1 140 000	252 000
Total Current Assets	1 571 000	2 054 000	1 394 000	1 226 000
Total Assets	1 671 000	2 936 000	2 534 000	1 477 000
Total Retained Equity	964 000	715 000	511 000	183 000
Total Equity	1 064 000	815 000	611 000	283 000
Total Long-Term Debt	17 000	2 000	0	0
Total Current Debt	590 000	2 119 000	1 923 000	1 195 000
Total Equity and Debt	1 671 000	2 936 000	2 534 000	1 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 362 000	4 504 000	4 302 000	5 211 000
Other Income	120 000	0	0	0
Revenue	3 481 000	4 504 000	4 302 000	5 211 000
Cost of Goods Sold	1 101 000	1 421 000	1 375 000	1 984 000
Salary Costs	1 127 000	1 583 000	1 632 000	1 784 000
Depreciation	52 000	235 000	91 000	41 000
Impairment	0	0	0	0
Expenditure	3 177 000	3 986 000	3 875 000	4 582 000
Operating Profit	305 000	518 000	426 000	629 000
Financial Income	19 000	11 000	0	1 000
Financial Costs	3 000	19 000	5 000	0
Financial Balance	16 000	−8 000	−5 000	1 000
Dividends	0	0	0	0
Net Income	249 000	399 000	329 000	490 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	24 000	40 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	1 000	7 000
Fixtures	100 000	882 000	1 116 000	205 000
Total Tangible Assets	100 000	882 000	1 117 000	212 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	100 000	882 000	1 140 000	252 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	420 000	851 000	569 000	466 000
Total Current Assets	1 571 000	2 054 000	1 394 000	1 226 000
Total Assets	1 671 000	2 936 000	2 534 000	1 477 000
Total Equity	1 064 000	815 000	611 000	283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	2 000	0	0
Creditors	96 000	48 000	33 000	96 000
Unpaid Taxes	128 000	390 000	305 000	239 000
Dividends	0	0	0	0
Other Current Debt	309 000	1 649 000	1 508 000	859 000
Total Current Debt	590 000	2 119 000	1 923 000	1 195 000
Total Equity and Debt	1 671 000	2 936 000	2 534 000	1 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,4 %	48,96 %	53,85 %	173,14 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	8,76 %	11,5 %	9,9 %	12,07 %
Current Ratio	2,66	0,97	0,72	1,03
Quick Ratio	2,66	0,97	0,72	1,03
Equity Ratio	0,64	0,28	0,24	0,19
Gross Profit Margin	68,37 %	68,45 %	68,04 %	61,93 %