OTIV INVEST AS

5525 HAUGESUND

Finances

Return on Equity

−9,9 %

Current Ratio

2,01

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	25 000	5 394 000	450 000
Net Income	−131 000	−1 523 000	3 542 000	13 000
Total Assets	4 647 000	5 454 000	7 338 000	7 774 000
Total Equity	1 323 000	1 821 000	3 344 000	−198 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	25 000	5 394 000	450 000
Expenditure	168 000	246 000	522 000	175 000
Operating Profit	−168 000	−221 000	4 872 000	275 000
Financial Income	0	0	0	0
Financial Costs	0	1 350 000	274 000	258 000
Financial Balance	0	−1 350 000	−274 000	−258 000
Earnings Before Tax	−168 000	−1 572 000	4 597 000	17 000
Tax	−37 000	−49 000	1 056 000	4 000
Net Income	−131 000	−1 523 000	3 542 000	13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 580 000	4 376 000	5 276 000	6 632 000
Total Current Assets	1 068 000	1 078 000	2 062 000	1 142 000
Total Assets	4 647 000	5 454 000	7 338 000	7 774 000
Total Retained Equity	1 221 000	1 719 000	3 242 000	−300 000
Total Equity	1 323 000	1 821 000	3 344 000	−198 000
Total Long-Term Debt	2 792 000	3 031 000	2 993 000	7 170 000
Total Current Debt	532 000	602 000	1 001 000	801 000
Total Equity and Debt	4 647 000	5 454 000	7 338 000	7 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	25 000	5 394 000	450 000
Revenue	0	25 000	5 394 000	450 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	41 000
Impairment	0	0	0	0
Expenditure	168 000	246 000	522 000	175 000
Operating Profit	−168 000	−221 000	4 872 000	275 000
Financial Income	0	0	0	0
Financial Costs	0	1 350 000	274 000	258 000
Financial Balance	0	−1 350 000	−274 000	−258 000
Dividends	0	0	0	0
Net Income	−131 000	−1 523 000	3 542 000	13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	2 115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	2 115 000
Total Fiancial Fixed Assets	3 580 000	4 376 000	5 276 000	4 516 000
Total Fixed Assets	3 580 000	4 376 000	5 276 000	6 632 000
Stock	1 033 000	1 033 000	1 033 000	1 033 000
Total Investments	0	0	0	0
Cash, Bank	25 000	5 000	669 000	53 000
Total Current Assets	1 068 000	1 078 000	2 062 000	1 142 000
Total Assets	4 647 000	5 454 000	7 338 000	7 774 000
Total Equity	1 323 000	1 821 000	3 344 000	−198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 792 000	3 031 000	2 993 000	7 170 000
Creditors	42 000	25 000	27 000	406 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	491 000	577 000	974 000	195 000
Total Current Debt	532 000	602 000	1 001 000	801 000
Total Equity and Debt	4 647 000	5 454 000	7 338 000	7 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,9 %	−83,64 %	105,92 %	−6,57 %
Debt-to-Equity Ratio	2,11	1,66	0,9	−36,21
Operating Profit Margin	-	−884 %	90,32 %	61,11 %
Current Ratio	2,01	1,79	2,06	1,43
Quick Ratio	−2,13	−2,5	−64,44	−4,92
Equity Ratio	0,28	0,33	0,46	−0,03
Gross Profit Margin	-	100 %	100 %	100 %