OTOVO ASA

0181 OSLO

Finances

Return on Equity

−58,56 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	652 264 000	289 402 000	152 022 000	193 662 000
Net Income	−311 267 000	−153 760 000	−102 222 000	−51 406 000
Total Assets	937 266 000	662 265 000	260 035 000	356 199 000
Total Equity	531 497 000	521 048 000	174 486 000	239 854 000

Income (NOK)	2022	2021	2020	2019
Revenue	652 264 000	289 402 000	152 022 000	193 662 000
Expenditure	969 799 000	464 696 000	254 816 000	260 342 000
Operating Profit	−317 535 000	−175 294 000	−102 793 000	−66 680 000
Financial Income	1 806 000	27 841 000	2 613 000	496 000
Financial Costs	3 319 000	6 764 000	2 128 000	2 237 000
Financial Balance	−1 513 000	21 077 000	485 000	−1 741 000
Earnings Before Tax	−319 048 000	−154 217 000	−102 308 000	−68 421 000
Tax	−7 781 000	−457 000	−86 000	−17 015 000
Net Income	−311 267 000	−153 760 000	−102 222 000	−51 406 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	478 440 000	365 265 000	164 317 000	132 308 000
Total Current Assets	458 826 000	297 000 000	95 718 000	223 890 000
Total Assets	937 266 000	662 265 000	260 035 000	356 199 000
Total Retained Equity	−663 525 000	−347 442 000	−183 190 000	−89 127 000
Total Equity	531 497 000	521 048 000	174 486 000	239 854 000
Total Long-Term Debt	141 409 000	30 391 000	22 416 000	74 035 000
Total Current Debt	264 359 000	110 827 000	63 133 000	42 310 000
Total Equity and Debt	937 265 000	662 266 000	260 035 000	356 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	637 501 000	285 265 000	147 532 000	193 662 000
Other Income	14 763 000	4 137 000	4 490 000	0
Revenue	652 264 000	289 402 000	152 022 000	193 662 000
Cost of Goods Sold	523 152 000	240 362 000	121 309 000	165 827 000
Salary Costs	219 117 000	113 548 000	52 825 000	43 180 000
Depreciation	64 333 000	21 649 000	10 564 000	12 624 000
Impairment	0	0	10 199 000	0
Expenditure	969 799 000	464 696 000	254 816 000	260 342 000
Operating Profit	−317 535 000	−175 294 000	−102 793 000	−66 680 000
Financial Income	1 806 000	27 841 000	2 613 000	496 000
Financial Costs	3 319 000	6 764 000	2 128 000	2 237 000
Financial Balance	−1 513 000	21 077 000	485 000	−1 741 000
Dividends	0	0	0	0
Net Income	−311 267 000	−153 760 000	−102 222 000	−51 406 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	158 181 000	153 637 000	82 135 000	86 736 000
Total Intangible Assets	260 984 000	278 046 000	131 583 000	126 943 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	217 456 000	83 859 000	4 205 000	4 555 000
Total Tangible Assets	217 456 000	83 859 000	4 205 000	4 555 000
Total Fiancial Fixed Assets	0	3 360 000	28 529 000	811 000
Total Fixed Assets	478 440 000	365 265 000	164 317 000	132 308 000
Stock	0	0	0	0
Total Investments	20 509 000	0	0	0
Cash, Bank	193 868 000	224 187 000	73 677 000	193 036 000
Total Current Assets	458 826 000	297 000 000	95 718 000	223 890 000
Total Assets	937 266 000	662 265 000	260 035 000	356 199 000
Total Equity	531 497 000	521 048 000	174 486 000	239 854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	141 409 000	30 391 000	22 416 000	74 035 000
Creditors	71 473 000	29 889 000	12 494 000	9 856 000
Unpaid Taxes	0	0	9 391 000	20 670 000
Dividends	0	0	0	0
Other Current Debt	192 886 000	80 938 000	41 248 000	11 785 000
Total Current Debt	264 359 000	110 827 000	63 133 000	42 310 000
Total Equity and Debt	937 265 000	662 266 000	260 035 000	356 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,56 %	−29,51 %	−58,58 %	−21,43 %
Debt-to-Equity Ratio	0,27	0,06	0,13	0,31
Operating Profit Margin	−48,68 %	−60,57 %	−67,62 %	−34,43 %
Current Ratio	1,74	2,68	1,52	5,29
Quick Ratio	1,74	2,68	1,52	5,29
Equity Ratio	0,57	0,79	0,67	0,67
Gross Profit Margin	19,79 %	16,95 %	20,2 %	14,37 %