OTIMO AS

5171 LODDEFJORD

Finances

Share Ownership

Return on Equity

1,76 %

Current Ratio

23,35

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	265 000	266 000	128 000	75 000
Net Income	15 000	22 000	−17 000	−26 000
Total Assets	1 227 000	70 000	50 000	45 000
Total Equity	854 000	840 000	818 000	835 000

Income (NOK)	2022	2021	2020	2019
Revenue	265 000	266 000	128 000	75 000
Expenditure	237 000	244 000	145 000	100 000
Operating Profit	27 000	22 000	−17 000	−25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	27 000	22 000	−17 000	−26 000
Tax	12 000	0	0	0
Net Income	15 000	22 000	−17 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	13 000	13 000	13 000
Total Current Assets	1 214 000	57 000	37 000	32 000
Total Assets	1 227 000	70 000	50 000	45 000
Total Retained Equity	704 000	690 000	668 000	685 000
Total Equity	854 000	840 000	818 000	835 000
Total Long-Term Debt	321 000	310 000	347 000	327 000
Total Current Debt	52 000	−1 080 000	−1 114 000	−1 117 000
Total Equity and Debt	1 227 000	70 000	50 000	45 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	265 000	266 000	128 000	75 000
Other Income	0	0	0	0
Revenue	265 000	266 000	128 000	75 000
Cost of Goods Sold	64 000	111 000	21 000	11 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	237 000	244 000	145 000	100 000
Operating Profit	27 000	22 000	−17 000	−25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	15 000	22 000	−17 000	−26 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	13 000	13 000	13 000	13 000
Total Fixed Assets	13 000	13 000	13 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	30 000	10 000	1 000
Total Current Assets	1 214 000	57 000	37 000	32 000
Total Assets	1 227 000	70 000	50 000	45 000
Total Equity	854 000	840 000	818 000	835 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	321 000	310 000	347 000	327 000
Creditors	0	−31 000	−31 000	−31 000
Unpaid Taxes	36 000	71 000	37 000	34 000
Dividends	0	0	0	0
Other Current Debt	0	−1 117 000	−1 117 000	−1 117 000
Total Current Debt	52 000	−1 080 000	−1 114 000	−1 117 000
Total Equity and Debt	1 227 000	70 000	50 000	45 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,76 %	2,62 %	−2,08 %	−3,11 %
Debt-to-Equity Ratio	0,38	0,37	0,42	0,39
Operating Profit Margin	10,19 %	8,27 %	−13,28 %	−33,33 %
Current Ratio	23,35	−0,05	−0,03	−0,03
Quick Ratio	23,35	−0,05	−0,03	−0,03
Equity Ratio	0,7	12	16,36	18,56
Gross Profit Margin	75,85 %	58,27 %	83,59 %	85,33 %