OVT AS

0791 OSLO

Finances

Share Ownership

Return on Equity

45,69 %

Current Ratio

1,54

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 324 000	5 124 000	4 294 000	3 491 000
Net Income	212 000	279 000	−64 000	10 000
Total Assets	2 548 000	1 635 000	1 940 000	1 720 000
Total Equity	464 000	252 000	−27 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 324 000	5 124 000	4 294 000	3 491 000
Expenditure	5 027 000	4 752 000	4 362 000	3 478 000
Operating Profit	298 000	373 000	−67 000	13 000
Financial Income	3 000	3 000	2 000	0
Financial Costs	25 000	18 000	16 000	1 000
Financial Balance	−22 000	−15 000	−14 000	−1 000
Earnings Before Tax	275 000	358 000	−82 000	12 000
Tax	63 000	79 000	−18 000	3 000
Net Income	212 000	279 000	−64 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	514 000	820 000	1 156 000	916 000
Total Current Assets	2 034 000	814 000	784 000	804 000
Total Assets	2 548 000	1 635 000	1 940 000	1 720 000
Total Retained Equity	434 000	222 000	−57 000	7 000
Total Equity	464 000	252 000	−27 000	37 000
Total Long-Term Debt	762 000	405 000	425 000	0
Total Current Debt	1 322 000	978 000	1 542 000	1 683 000
Total Equity and Debt	2 548 000	1 635 000	1 940 000	1 720 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 324 000	5 124 000	4 261 000	3 491 000
Other Income	0	0	34 000	0
Revenue	5 324 000	5 124 000	4 294 000	3 491 000
Cost of Goods Sold	3 261 000	3 058 000	2 744 000	2 212 000
Salary Costs	821 000	872 000	704 000	629 000
Depreciation	322 000	317 000	253 000	229 000
Impairment	0	0	0	0
Expenditure	5 027 000	4 752 000	4 362 000	3 478 000
Operating Profit	298 000	373 000	−67 000	13 000
Financial Income	3 000	3 000	2 000	0
Financial Costs	25 000	18 000	16 000	1 000
Financial Balance	−22 000	−15 000	−14 000	−1 000
Dividends	0	0	0	0
Net Income	212 000	279 000	−64 000	10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	18 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	514 000	820 000	1 138 000	916 000
Total Tangible Assets	514 000	820 000	1 138 000	916 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	514 000	820 000	1 156 000	916 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 040 000	276 000	288 000	358 000
Total Current Assets	2 034 000	814 000	784 000	804 000
Total Assets	2 548 000	1 635 000	1 940 000	1 720 000
Total Equity	464 000	252 000	−27 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	762 000	405 000	425 000	0
Creditors	714 000	23 000	301 000	576 000
Unpaid Taxes	40 000	49 000	47 000	43 000
Dividends	0	0	0	0
Other Current Debt	478 000	881 000	1 194 000	1 063 000
Total Current Debt	1 322 000	978 000	1 542 000	1 683 000
Total Equity and Debt	2 548 000	1 635 000	1 940 000	1 720 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,69 %	110,71 %	237,04 %	27,03 %
Debt-to-Equity Ratio	1,64	1,61	−15,74	0
Operating Profit Margin	5,6 %	7,28 %	−1,56 %	0,37 %
Current Ratio	1,54	0,83	0,51	0,48
Quick Ratio	1,54	0,83	0,51	0,48
Equity Ratio	0,18	0,15	−0,01	0,02
Gross Profit Margin	38,75 %	40,32 %	36,1 %	36,64 %