OKTAVO AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

39,78 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	729 000	595 000	180 000	10 000
Net Income	72 000	20 000	8 000	−9 000
Total Assets	510 000	269 000	102 000	47 000
Total Equity	181 000	109 000	39 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	729 000	595 000	180 000	10 000
Expenditure	605 000	567 000	170 000	22 000
Operating Profit	124 000	28 000	10 000	−12 000
Financial Income	0	0	0	0
Financial Costs	32 000	2 000	0	0
Financial Balance	−32 000	−2 000	0	0
Earnings Before Tax	92 000	26 000	10 000	−12 000
Tax	20 000	6 000	2 000	−3 000
Net Income	72 000	20 000	8 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	3 000
Total Current Assets	510 000	269 000	101 000	45 000
Total Assets	510 000	269 000	102 000	47 000
Total Retained Equity	81 000	19 000	−2 000	−9 000
Total Equity	181 000	109 000	39 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	329 000	159 000	63 000	16 000
Total Equity and Debt	510 000	269 000	102 000	47 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	729 000	595 000	180 000	0
Other Income	0	0	0	10 000
Revenue	729 000	595 000	180 000	10 000
Cost of Goods Sold	258 000	268 000	110 000	0
Salary Costs	79 000	136 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	605 000	567 000	170 000	22 000
Operating Profit	124 000	28 000	10 000	−12 000
Financial Income	0	0	0	0
Financial Costs	32 000	2 000	0	0
Financial Balance	−32 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	72 000	20 000	8 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
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	0	0	0	0
Total Fixed Assets	0	0	0	3 000
Stock	443 000	96 000	40 000	24 000
Total Investments	0	0	0	0
Cash, Bank	6 000	57 000	62 000	1 000
Total Current Assets	510 000	269 000	101 000	45 000
Total Assets	510 000	269 000	102 000	47 000
Total Equity	181 000	109 000	39 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	46 000	20 000	0
Unpaid Taxes	69 000	56 000	13 000	0
Dividends	0	0	0	0
Other Current Debt	132 000	52 000	29 000	16 000
Total Current Debt	329 000	159 000	63 000	16 000
Total Equity and Debt	510 000	269 000	102 000	47 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,78 %	18,35 %	20,51 %	−29,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,01 %	4,71 %	5,56 %	−120 %
Current Ratio	1,55	1,69	1,6	2,81
Quick Ratio	−4,47	4,27	4,39	−5,63
Equity Ratio	0,35	0,41	0,38	0,66
Gross Profit Margin	64,61 %	54,96 %	38,89 %	100 %