OPPLÆRINGSKONTORET FOR TEKNOLOGI FAG I AGDER (OTEK)

4626 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

5,75 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 122 000	15 856 000	12 800 000	12 420 000
Net Income	290 000	206 000	−295 000	99 000
Total Assets	12 357 000	11 158 000	9 742 000	9 611 000
Total Equity	5 046 000	4 756 000	4 550 000	4 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 122 000	15 856 000	12 800 000	12 420 000
Expenditure	17 851 000	15 667 000	13 129 000	12 377 000
Operating Profit	271 000	188 000	−330 000	43 000
Financial Income	19 000	18 000	36 000	57 000
Financial Costs	0	0	1 000	0
Financial Balance	19 000	18 000	35 000	57 000
Earnings Before Tax	290 000	206 000	−295 000	99 000
Tax	0	0	0	0
Net Income	290 000	206 000	−295 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	0	0	0
Total Current Assets	12 325 000	11 158 000	9 742 000	9 611 000
Total Assets	12 357 000	11 158 000	9 742 000	9 611 000
Total Retained Equity	5 046 000	4 756 000	4 550 000	4 845 000
Total Equity	5 046 000	4 756 000	4 550 000	4 845 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 311 000	6 403 000	5 192 000	4 767 000
Total Equity and Debt	12 357 000	11 158 000	9 742 000	9 611 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 965 000	15 711 000	12 641 000	12 216 000
Other Income	157 000	145 000	159 000	203 000
Revenue	18 122 000	15 856 000	12 800 000	12 420 000
Cost of Goods Sold	12 853 000	10 990 000	9 036 000	8 824 000
Salary Costs	3 600 000	3 421 000	3 031 000	2 461 000
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	17 851 000	15 667 000	13 129 000	12 377 000
Operating Profit	271 000	188 000	−330 000	43 000
Financial Income	19 000	18 000	36 000	57 000
Financial Costs	0	0	1 000	0
Financial Balance	19 000	18 000	35 000	57 000
Dividends	0	0	0	0
Net Income	290 000	206 000	−295 000	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	0	0	0	0
Fixtures	32 000	0	0	0
Total Tangible Assets	32 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 070 000	10 925 000	9 565 000	9 308 000
Total Current Assets	12 325 000	11 158 000	9 742 000	9 611 000
Total Assets	12 357 000	11 158 000	9 742 000	9 611 000
Total Equity	5 046 000	4 756 000	4 550 000	4 845 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	109 000	379 000	24 000	129 000
Unpaid Taxes	241 000	178 000	167 000	145 000
Dividends	0	0	0	0
Other Current Debt	6 961 000	5 845 000	5 001 000	4 493 000
Total Current Debt	7 311 000	6 403 000	5 192 000	4 767 000
Total Equity and Debt	12 357 000	11 158 000	9 742 000	9 611 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,75 %	4,33 %	−6,48 %	2,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,5 %	1,19 %	−2,58 %	0,35 %
Current Ratio	1,69	1,74	1,88	2,02
Quick Ratio	1,69	1,74	1,88	2,02
Equity Ratio	0,41	0,43	0,47	0,5
Gross Profit Margin	29,08 %	30,69 %	29,41 %	28,95 %