OTTE AS

0161 OSLO

Finances

Return on Equity

75,65 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 424 000	6 795 000	3 501 000	142 000
Net Income	1 401 000	849 000	706 000	90 000
Total Assets	4 584 000	3 820 000	1 909 000	192 000
Total Equity	1 852 000	1 001 000	820 000	114 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 424 000	6 795 000	3 501 000	142 000
Expenditure	6 587 000	5 664 000	2 590 000	27 000
Operating Profit	1 836 000	1 130 000	912 000	115 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	1 834 000	1 130 000	912 000	115 000
Tax	433 000	281 000	206 000	25 000
Net Income	1 401 000	849 000	706 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	251 000	271 000	0	0
Total Current Assets	4 333 000	3 549 000	1 909 000	192 000
Total Assets	4 584 000	3 820 000	1 909 000	192 000
Total Retained Equity	1 740 000	889 000	790 000	84 000
Total Equity	1 852 000	1 001 000	820 000	114 000
Total Long-Term Debt	9 000	17 000	4 000	1 000
Total Current Debt	2 723 000	2 802 000	1 085 000	77 000
Total Equity and Debt	4 584 000	3 820 000	1 909 000	192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 424 000	6 795 000	3 501 000	142 000
Other Income	0	0	0	0
Revenue	8 424 000	6 795 000	3 501 000	142 000
Cost of Goods Sold	162 000	0	0	0
Salary Costs	4 678 000	4 899 000	2 193 000	1 000
Depreciation	57 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	6 587 000	5 664 000	2 590 000	27 000
Operating Profit	1 836 000	1 130 000	912 000	115 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	550 000	0	0	0
Net Income	1 401 000	849 000	706 000	90 000

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	236 000	256 000	0	0
Total Tangible Assets	236 000	256 000	0	0
Total Fiancial Fixed Assets	15 000	15 000	0	0
Total Fixed Assets	251 000	271 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 902 000	1 870 000	1 052 000	43 000
Total Current Assets	4 333 000	3 549 000	1 909 000	192 000
Total Assets	4 584 000	3 820 000	1 909 000	192 000
Total Equity	1 852 000	1 001 000	820 000	114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 000	17 000	4 000	1 000
Creditors	569 000	322 000	38 000	8 000
Unpaid Taxes	786 000	1 056 000	649 000	20 000
Dividends	550 000	0	0	0
Other Current Debt	926 000	1 156 000	196 000	24 000
Total Current Debt	2 723 000	2 802 000	1 085 000	77 000
Total Equity and Debt	4 584 000	3 820 000	1 909 000	192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,65 %	84,82 %	86,1 %	78,95 %
Debt-to-Equity Ratio	0	0,02	0	0,01
Operating Profit Margin	21,79 %	16,63 %	26,05 %	80,99 %
Current Ratio	1,59	1,27	1,76	2,49
Quick Ratio	1,59	1,27	1,76	2,49
Equity Ratio	0,4	0,26	0,43	0,59
Gross Profit Margin	98,08 %	100 %	100 %	100 %