OTELLO CORPORATION ASA

0484 OSLO

Finances

Return on Equity

14,8 %

Current Ratio

8,65

Debt-to-Equity Ratio

Key figures (USD)	2022	2021	2020	2019
Revenue	200 000	100 000	259 000 000	240 800 000
Net Income	15 900 000	168 900 000	−23 200 000	−22 600 000
Total Assets	109 800 000	365 000 000	425 300 000	435 400 000
Total Equity	107 400 000	351 300 000	306 400 000	339 100 000

Income (USD)	2022	2021	2020	2019
Revenue	200 000	100 000	259 000 000	240 800 000
Expenditure	4 300 000	9 400 000	268 900 000	255 700 000
Operating Profit	−4 100 000	−9 300 000	−9 900 000	−14 900 000
Financial Income	22 600 000	11 200 000	600 000	5 900 000
Financial Costs	700 000	60 600 000	8 900 000	3 800 000
Financial Balance	21 900 000	−49 400 000	−8 300 000	2 100 000
Earnings Before Tax	17 800 000	−58 700 000	−18 200 000	−12 800 000
Tax	2 200 000	−7 500 000	5 000 000	9 800 000
Net Income	15 900 000	168 900 000	−23 200 000	−22 600 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	89 900 000	92 200 000	286 600 000	317 100 000
Total Current Assets	19 900 000	272 800 000	138 700 000	118 300 000
Total Assets	109 800 000	365 000 000	425 300 000	435 400 000
Total Retained Equity	−7 600 000	205 100 000	−6 600 000	19 200 000
Total Equity	107 400 000	351 300 000	306 400 000	339 100 000
Total Long-Term Debt	100 000	11 000 000	2 800 000	24 100 000
Total Current Debt	2 300 000	2 700 000	116 100 000	72 200 000
Total Equity and Debt	109 800 000	365 000 000	425 300 000	435 400 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	200 000	100 000	259 000 000	240 800 000
Other Income	0	0	0	0
Revenue	200 000	100 000	259 000 000	240 800 000
Cost of Goods Sold	0	0	157 100 000	137 600 000
Salary Costs	2 200 000	6 700 000	55 600 000	54 700 000
Depreciation	700 000	800 000	23 400 000	28 100 000
Impairment	0	0	0	2 300 000
Expenditure	4 300 000	9 400 000	268 900 000	255 700 000
Operating Profit	−4 100 000	−9 300 000	−9 900 000	−14 900 000
Financial Income	22 600 000	11 200 000	600 000	5 900 000
Financial Costs	700 000	60 600 000	8 900 000	3 800 000
Financial Balance	21 900 000	−49 400 000	−8 300 000	2 100 000
Dividends	0	0	0	0
Net Income	15 900 000	168 900 000	−23 200 000	−22 600 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	219 700 000	230 700 000
Total Intangible Assets	0	0	258 600 000	285 300 000
Real Eastate	0	0	0	1 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	300 000	1 000 000	6 000 000	6 400 000
Total Tangible Assets	300 000	1 000 000	6 000 000	8 000 000
Total Fiancial Fixed Assets	89 600 000	91 200 000	22 000 000	23 800 000
Total Fixed Assets	89 900 000	92 200 000	286 600 000	317 100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 400 000	79 000 000	41 900 000	28 300 000
Total Current Assets	19 900 000	272 800 000	138 700 000	118 300 000
Total Assets	109 800 000	365 000 000	425 300 000	435 400 000
Total Equity	107 400 000	351 300 000	306 400 000	339 100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	11 000 000	2 800 000	24 100 000
Creditors	200 000	200 000	25 700 000	22 800 000
Unpaid Taxes	0	200 000	1 300 000	1 400 000
Dividends	0	0	0	0
Other Current Debt	2 100 000	2 300 000	52 100 000	47 500 000
Total Current Debt	2 300 000	2 700 000	116 100 000	72 200 000
Total Equity and Debt	109 800 000	365 000 000	425 300 000	435 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,8 %	48,08 %	−7,57 %	−6,66 %
Debt-to-Equity Ratio	0	0,03	0,01	0,07
Operating Profit Margin	−2 050 %	−9 300 %	−3,82 %	−6,19 %
Current Ratio	8,65	101,04	1,19	1,64
Quick Ratio	8,65	101,04	1,19	1,64
Equity Ratio	0,98	0,96	0,72	0,78
Gross Profit Margin	100 %	100 %	39,34 %	42,86 %