OTEO EIENDOM AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

−109,26 %

Current Ratio

17,59

Debt-to-Equity Ratio

45,77

Key figures (NOK)	2022	2021	2020
Revenue	192 000	155 000	74 000
Net Income	−177 000	−70 000	9 000
Total Assets	7 800 000	4 812 000	3 875 000
Total Equity	162 000	339 000	409 000

Income (NOK)	2022	2021	2020
Revenue	192 000	155 000	74 000
Expenditure	132 000	150 000	31 000
Operating Profit	60 000	5 000	43 000
Financial Income	0	0	0
Financial Costs	237 000	74 000	32 000
Financial Balance	−237 000	−74 000	−32 000
Earnings Before Tax	−177 000	−70 000	11 000
Tax	0	0	2 000
Net Income	−177 000	−70 000	9 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 844 000	3 844 000	3 844 000
Total Current Assets	3 957 000	968 000	31 000
Total Assets	7 800 000	4 812 000	3 875 000
Total Retained Equity	−238 000	−61 000	9 000
Total Equity	162 000	339 000	409 000
Total Long-Term Debt	7 414 000	4 347 000	3 464 000
Total Current Debt	225 000	126 000	2 000
Total Equity and Debt	7 800 000	4 812 000	3 875 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	192 000	155 000	74 000
Revenue	192 000	155 000	74 000
Cost of Goods Sold	0	0	0
Salary Costs	0	86 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	132 000	150 000	31 000
Operating Profit	60 000	5 000	43 000
Financial Income	0	0	0
Financial Costs	237 000	74 000	32 000
Financial Balance	−237 000	−74 000	−32 000
Dividends	0	0	0
Net Income	−177 000	−70 000	9 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 844 000	3 844 000	3 844 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	3 844 000	3 844 000	3 844 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 844 000	3 844 000	3 844 000
Stock	3 904 000	770 000	0
Total Investments	0	0	0
Cash, Bank	53 000	198 000	31 000
Total Current Assets	3 957 000	968 000	31 000
Total Assets	7 800 000	4 812 000	3 875 000
Total Equity	162 000	339 000	409 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	7 414 000	4 347 000	3 464 000
Creditors	151 000	85 000	0
Unpaid Taxes	49 000	34 000	0
Dividends	0	0	0
Other Current Debt	25 000	7 000	0
Total Current Debt	225 000	126 000	2 000
Total Equity and Debt	7 800 000	4 812 000	3 875 000

Financial indicators	2022	2021	2020
Return on Equity	−109,26 %	−20,65 %	2,2 %
Debt-to-Equity Ratio	45,77	12,82	8,47
Operating Profit Margin	31,25 %	3,23 %	58,11 %
Current Ratio	17,59	7,68	15,5
Quick Ratio	−1,08	−1,5	15,5
Equity Ratio	0,02	0,07	0,11
Gross Profit Margin	100 %	100 %	100 %