OTTO ELIASSEN AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

1 061,47 %

Current Ratio

1,33

Debt-to-Equity Ratio

35,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 197 000	2 252 000	12 383 000	2 591 000
Net Income	2 452 000	337 000	7 309 000	−2 012 000
Total Assets	8 707 000	11 878 000	12 582 000	18 545 000
Total Equity	231 000	−2 221 000	−2 558 000	−9 867 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 197 000	2 252 000	12 383 000	2 591 000
Expenditure	1 721 000	1 628 000	2 881 000	2 447 000
Operating Profit	475 000	624 000	9 502 000	144 000
Financial Income	1 216 000	199 000	260 000	90 000
Financial Costs	514 000	486 000	2 453 000	2 246 000
Financial Balance	702 000	−287 000	−2 193 000	−2 156 000
Earnings Before Tax	1 177 000	337 000	7 309 000	−2 012 000
Tax	−1 275 000	0	0	0
Net Income	2 452 000	337 000	7 309 000	−2 012 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 460 000	9 164 000	9 524 000	15 651 000
Total Current Assets	247 000	2 714 000	3 057 000	2 894 000
Total Assets	8 707 000	11 878 000	12 582 000	18 545 000
Total Retained Equity	131 000	−2 321 000	−2 658 000	−9 967 000
Total Equity	231 000	−2 221 000	−2 558 000	−9 867 000
Total Long-Term Debt	8 290 000	13 908 000	14 908 000	28 213 000
Total Current Debt	186 000	191 000	232 000	200 000
Total Equity and Debt	8 707 000	11 878 000	12 582 000	18 545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	745 000	822 000	196 000	577 000
Other Income	1 453 000	1 429 000	12 187 000	2 014 000
Revenue	2 197 000	2 252 000	12 383 000	2 591 000
Cost of Goods Sold	214 000	126 000	53 000	199 000
Salary Costs	728 000	785 000	841 000	771 000
Depreciation	339 000	339 000	528 000	715 000
Impairment	0	0	0	0
Expenditure	1 721 000	1 628 000	2 881 000	2 447 000
Operating Profit	475 000	624 000	9 502 000	144 000
Financial Income	1 216 000	199 000	260 000	90 000
Financial Costs	514 000	486 000	2 453 000	2 246 000
Financial Balance	702 000	−287 000	−2 193 000	−2 156 000
Dividends	0	0	0	0
Net Income	2 452 000	337 000	7 309 000	−2 012 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 275 000	0	0	0
Real Eastate	5 988 000	6 327 000	6 666 000	11 371 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 198 000	1 167 000	1 188 000	2 610 000
Total Tangible Assets	7 185 000	7 494 000	7 854 000	13 981 000
Total Fiancial Fixed Assets	0	1 670 000	1 670 000	1 670 000
Total Fixed Assets	8 460 000	9 164 000	9 524 000	15 651 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	164 000	58 000	473 000	475 000
Total Current Assets	247 000	2 714 000	3 057 000	2 894 000
Total Assets	8 707 000	11 878 000	12 582 000	18 545 000
Total Equity	231 000	−2 221 000	−2 558 000	−9 867 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 290 000	13 908 000	14 908 000	28 213 000
Creditors	7 000	1 000	3 000	10 000
Unpaid Taxes	75 000	92 000	131 000	68 000
Dividends	0	0	0	0
Other Current Debt	104 000	98 000	98 000	122 000
Total Current Debt	186 000	191 000	232 000	200 000
Total Equity and Debt	8 707 000	11 878 000	12 582 000	18 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 061,47 %	−15,17 %	−285,73 %	20,39 %
Debt-to-Equity Ratio	35,89	−6,26	−5,83	−2,86
Operating Profit Margin	21,62 %	27,71 %	76,73 %	5,56 %
Current Ratio	1,33	14,21	13,18	14,47
Quick Ratio	1,33	14,21	13,18	14,47
Equity Ratio	0,03	−0,19	−0,2	−0,53
Gross Profit Margin	90,26 %	94,4 %	99,57 %	92,32 %