OTEK AS

5268 HAUKELAND

Finances

Share Ownership

Return on Equity

28,46 %

Current Ratio

4,04

Debt-to-Equity Ratio

4,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	576 000	510 000	669 000	644 000
Net Income	107 000	−12 000	74 000	−123 000
Total Assets	2 150 000	2 091 000	2 018 000	1 881 000
Total Equity	376 000	269 000	281 000	207 000

Income (NOK)	2022	2021	2020	2019
Revenue	576 000	510 000	669 000	644 000
Expenditure	389 000	482 000	536 000	721 000
Operating Profit	187 000	27 000	133 000	−77 000
Financial Income	5 000	4 000	4 000	1 000
Financial Costs	59 000	41 000	58 000	58 000
Financial Balance	−54 000	−37 000	−54 000	−57 000
Earnings Before Tax	133 000	−10 000	78 000	−135 000
Tax	26 000	2 000	4 000	−12 000
Net Income	107 000	−12 000	74 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 129 000	1 172 000	1 191 000	1 210 000
Total Current Assets	1 021 000	919 000	827 000	671 000
Total Assets	2 150 000	2 091 000	2 018 000	1 881 000
Total Retained Equity	276 000	169 000	181 000	107 000
Total Equity	376 000	269 000	281 000	207 000
Total Long-Term Debt	1 521 000	1 500 000	1 504 000	1 500 000
Total Current Debt	253 000	322 000	233 000	174 000
Total Equity and Debt	2 150 000	2 091 000	2 018 000	1 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	0	159 000	145 000
Other Income	546 000	510 000	510 000	499 000
Revenue	576 000	510 000	669 000	644 000
Cost of Goods Sold	45 000	51 000	176 000	161 000
Salary Costs	5 000	81 000	0	0
Depreciation	43 000	35 000	35 000	48 000
Impairment	0	0	0	0
Expenditure	389 000	482 000	536 000	721 000
Operating Profit	187 000	27 000	133 000	−77 000
Financial Income	5 000	4 000	4 000	1 000
Financial Costs	59 000	41 000	58 000	58 000
Financial Balance	−54 000	−37 000	−54 000	−57 000
Dividends	0	0	0	0
Net Income	107 000	−12 000	74 000	−123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 118 000	1 147 000	1 178 000	1 210 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	25 000	13 000	0
Total Tangible Assets	1 129 000	1 172 000	1 191 000	1 210 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 129 000	1 172 000	1 191 000	1 210 000
Stock	163 000	203 000	80 000	240 000
Total Investments	0	0	0	0
Cash, Bank	808 000	666 000	703 000	410 000
Total Current Assets	1 021 000	919 000	827 000	671 000
Total Assets	2 150 000	2 091 000	2 018 000	1 881 000
Total Equity	376 000	269 000	281 000	207 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 521 000	1 500 000	1 504 000	1 500 000
Creditors	0	1 000	0	0
Unpaid Taxes	26 000	22 000	22 000	21 000
Dividends	0	0	0	0
Other Current Debt	222 000	293 000	212 000	154 000
Total Current Debt	253 000	322 000	233 000	174 000
Total Equity and Debt	2 150 000	2 091 000	2 018 000	1 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,46 %	−4,46 %	26,33 %	−59,42 %
Debt-to-Equity Ratio	4,05	5,58	5,35	7,25
Operating Profit Margin	32,47 %	5,29 %	19,88 %	−11,96 %
Current Ratio	4,04	2,85	3,55	3,86
Quick Ratio	11,34	7,72	5,41	−10,17
Equity Ratio	0,17	0,13	0,14	0,11
Gross Profit Margin	92,19 %	90 %	73,69 %	75 %