OTIUM INFORMATION TECHNOLOGY AS

4617 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−62,18 %

Current Ratio

0,2

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 265 000	1 147 000	1 533 000	903 000
Net Income	360 000	187 000	135 000	59 000
Total Assets	959 000	1 072 000	1 386 000	1 080 000
Total Equity	−579 000	−939 000	−1 126 000	−1 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 265 000	1 147 000	1 533 000	903 000
Expenditure	905 000	952 000	1 351 000	762 000
Operating Profit	360 000	195 000	182 000	141 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	7 000	4 000
Financial Balance	0	−7 000	−7 000	−4 000
Earnings Before Tax	360 000	187 000	174 000	137 000
Tax	0	0	39 000	78 000
Net Income	360 000	187 000	135 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	659 000	659 000	852 000	807 000
Total Current Assets	300 000	412 000	534 000	273 000
Total Assets	959 000	1 072 000	1 386 000	1 080 000
Total Retained Equity	−1 979 000	−2 339 000	−2 526 000	−2 662 000
Total Equity	−579 000	−939 000	−1 126 000	−1 262 000
Total Long-Term Debt	0	0	149 000	186 000
Total Current Debt	1 538 000	2 011 000	2 363 000	2 155 000
Total Equity and Debt	959 000	1 072 000	1 386 000	1 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	304 000	829 000	1 319 000	93 000
Other Income	961 000	318 000	215 000	810 000
Revenue	1 265 000	1 147 000	1 533 000	903 000
Cost of Goods Sold	137 000	177 000	292 000	72 000
Salary Costs	8 000	12 000	2 000	0
Depreciation	0	0	40 000	32 000
Impairment	0	0	0	0
Expenditure	905 000	952 000	1 351 000	762 000
Operating Profit	360 000	195 000	182 000	141 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	7 000	4 000
Financial Balance	0	−7 000	−7 000	−4 000
Dividends	0	0	0	0
Net Income	360 000	187 000	135 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	659 000	659 000	659 000	698 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	193 000	108 000
Total Tangible Assets	0	0	193 000	108 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	659 000	659 000	852 000	807 000
Stock	71 000	59 000	59 000	99 000
Total Investments	0	0	0	0
Cash, Bank	14 000	43 000	17 000	30 000
Total Current Assets	300 000	412 000	534 000	273 000
Total Assets	959 000	1 072 000	1 386 000	1 080 000
Total Equity	−579 000	−939 000	−1 126 000	−1 262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	149 000	186 000
Creditors	0	14 000	137 000	61 000
Unpaid Taxes	3 000	−9 000	−5 000	−59 000
Dividends	0	0	0	0
Other Current Debt	1 535 000	2 006 000	2 231 000	2 153 000
Total Current Debt	1 538 000	2 011 000	2 363 000	2 155 000
Total Equity and Debt	959 000	1 072 000	1 386 000	1 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,18 %	−19,91 %	−11,99 %	−4,68 %
Debt-to-Equity Ratio	−0	−0	−0,13	−0,15
Operating Profit Margin	28,46 %	17 %	11,87 %	15,61 %
Current Ratio	0,2	0,2	0,23	0,13
Quick Ratio	0,2	0,21	0,23	0,13
Equity Ratio	−0,6	−0,88	−0,81	−1,17
Gross Profit Margin	89,17 %	84,57 %	80,95 %	92,03 %