OTTESTAD TRENINGSSENTER AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

106,9 %

Current Ratio

0,8

Debt-to-Equity Ratio

−4,51

Key figures (NOK)	2022	2021	2020
Revenue	3 842 000	2 892 000	4 000
Net Income	−93 000	−130 000	−89 000
Total Assets	804 000	781 000	418 000
Total Equity	−87 000	6 000	136 000

Income (NOK)	2022	2021	2020
Revenue	3 842 000	2 892 000	4 000
Expenditure	3 921 000	3 011 000	92 000
Operating Profit	−79 000	−119 000	−89 000
Financial Income	0	0	0
Financial Costs	14 000	11 000	0
Financial Balance	−14 000	−11 000	0
Earnings Before Tax	−93 000	−130 000	−89 000
Tax	0	0	0
Net Income	−93 000	−130 000	−89 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	406 000	470 000	255 000
Total Current Assets	397 000	311 000	163 000
Total Assets	804 000	781 000	418 000
Total Retained Equity	−312 000	−219 000	−89 000
Total Equity	−87 000	6 000	136 000
Total Long-Term Debt	392 000	366 000	150 000
Total Current Debt	498 000	409 000	132 000
Total Equity and Debt	804 000	781 000	418 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 842 000	2 892 000	4 000
Other Income	0	0	0
Revenue	3 842 000	2 892 000	4 000
Cost of Goods Sold	171 000	151 000	0
Salary Costs	967 000	529 000	0
Depreciation	51 000	37 000	1 000
Impairment	0	0	0
Expenditure	3 921 000	3 011 000	92 000
Operating Profit	−79 000	−119 000	−89 000
Financial Income	0	0	0
Financial Costs	14 000	11 000	0
Financial Balance	−14 000	−11 000	0
Dividends	0	0	0
Net Income	−93 000	−130 000	−89 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	179 000	173 000	183 000
Machinery and Plant Facilities	0	0	0
Fixtures	104 000	135 000	71 000
Total Tangible Assets	284 000	308 000	255 000
Total Fiancial Fixed Assets	123 000	162 000	0
Total Fixed Assets	406 000	470 000	255 000
Stock	0	0	25 000
Total Investments	0	0	0
Cash, Bank	185 000	139 000	93 000
Total Current Assets	397 000	311 000	163 000
Total Assets	804 000	781 000	418 000
Total Equity	−87 000	6 000	136 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	392 000	366 000	150 000
Creditors	105 000	176 000	132 000
Unpaid Taxes	66 000	47 000	0
Dividends	0	0	0
Other Current Debt	327 000	187 000	0
Total Current Debt	498 000	409 000	132 000
Total Equity and Debt	804 000	781 000	418 000

Financial indicators	2022	2021	2020
Return on Equity	106,9 %	−2 166,67 %	−65,44 %
Debt-to-Equity Ratio	−4,51	61	1,1
Operating Profit Margin	−2,06 %	−4,11 %	−2 225 %
Current Ratio	0,8	0,76	1,23
Quick Ratio	0,8	0,76	1,52
Equity Ratio	−0,11	0,01	0,33
Gross Profit Margin	95,55 %	94,78 %	100 %