OTTESTAD BILVERKSTED AS

3140 NØTTERØY

Finances

Share Ownership

Return on Equity

30,02 %

Current Ratio

2,05

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 780 000	8 315 000	6 870 000	6 578 000
Net Income	184 000	373 000	134 000	99 000
Total Assets	3 160 000	2 073 000	1 977 000	1 755 000
Total Equity	613 000	429 000	256 000	472 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 780 000	8 315 000	6 870 000	6 578 000
Expenditure	9 484 000	7 804 000	6 653 000	6 402 000
Operating Profit	296 000	511 000	217 000	176 000
Financial Income	7 000	1 000	0	1 000
Financial Costs	65 000	34 000	46 000	49 000
Financial Balance	−58 000	−33 000	−46 000	−48 000
Earnings Before Tax	239 000	478 000	172 000	127 000
Tax	54 000	105 000	38 000	28 000
Net Income	184 000	373 000	134 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	861 000	851 000	889 000	799 000
Total Current Assets	2 300 000	1 222 000	1 089 000	955 000
Total Assets	3 160 000	2 073 000	1 977 000	1 755 000
Total Retained Equity	513 000	329 000	156 000	372 000
Total Equity	613 000	429 000	256 000	472 000
Total Long-Term Debt	1 426 000	305 000	422 000	537 000
Total Current Debt	1 121 000	1 339 000	1 299 000	745 000
Total Equity and Debt	3 160 000	2 073 000	1 977 000	1 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 777 000	8 315 000	6 867 000	6 578 000
Other Income	3 000	0	4 000	1 000
Revenue	9 780 000	8 315 000	6 870 000	6 578 000
Cost of Goods Sold	4 189 000	3 284 000	2 729 000	2 574 000
Salary Costs	3 590 000	3 024 000	2 391 000	2 500 000
Depreciation	215 000	220 000	203 000	211 000
Impairment	0	0	0	0
Expenditure	9 484 000	7 804 000	6 653 000	6 402 000
Operating Profit	296 000	511 000	217 000	176 000
Financial Income	7 000	1 000	0	1 000
Financial Costs	65 000	34 000	46 000	49 000
Financial Balance	−58 000	−33 000	−46 000	−48 000
Dividends	0	200 000	200 000	0
Net Income	184 000	373 000	134 000	99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	260 000	185 000	92 000	0
Fixtures	600 000	666 000	797 000	799 000
Total Tangible Assets	861 000	851 000	889 000	799 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	861 000	851 000	889 000	799 000
Stock	92 000	192 000	108 000	54 000
Total Investments	0	0	0	0
Cash, Bank	1 996 000	863 000	788 000	833 000
Total Current Assets	2 300 000	1 222 000	1 089 000	955 000
Total Assets	3 160 000	2 073 000	1 977 000	1 755 000
Total Equity	613 000	429 000	256 000	472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 426 000	305 000	422 000	537 000
Creditors	126 000	327 000	309 000	218 000
Unpaid Taxes	423 000	335 000	333 000	255 000
Dividends	0	200 000	200 000	0
Other Current Debt	505 000	354 000	404 000	273 000
Total Current Debt	1 121 000	1 339 000	1 299 000	745 000
Total Equity and Debt	3 160 000	2 073 000	1 977 000	1 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,02 %	86,95 %	52,34 %	20,97 %
Debt-to-Equity Ratio	2,33	0,71	1,65	1,14
Operating Profit Margin	3,03 %	6,15 %	3,16 %	2,68 %
Current Ratio	2,05	0,91	0,84	1,28
Quick Ratio	2,24	1,07	0,91	1,38
Equity Ratio	0,19	0,21	0,13	0,27
Gross Profit Margin	57,17 %	60,51 %	60,28 %	60,87 %