ØTA DRIFT AS

3612 KONGSBERG

Finances

Share Ownership

Return on Equity

−30,48 %

Current Ratio

1,07

Debt-to-Equity Ratio

10,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 954 000	3 235 000	2 774 000	2 667 000
Net Income	−1 009 000	−1 638 000	−1 078 000	−1 623 000
Total Assets	39 244 000	38 736 000	39 705 000	40 917 000
Total Equity	3 310 000	4 320 000	5 957 000	7 035 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 954 000	3 235 000	2 774 000	2 667 000
Expenditure	4 618 000	3 694 000	2 526 000	2 821 000
Operating Profit	336 000	−458 000	248 000	−153 000
Financial Income	6 000	9 000	6 000	6 000
Financial Costs	1 351 000	1 189 000	1 333 000	1 476 000
Financial Balance	−1 345 000	−1 180 000	−1 327 000	−1 470 000
Earnings Before Tax	−1 009 000	−1 638 000	−1 078 000	−1 623 000
Tax	0	0	0	0
Net Income	−1 009 000	−1 638 000	−1 078 000	−1 623 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 479 000	38 120 000	39 449 000	40 777 000
Total Current Assets	1 765 000	615 000	256 000	139 000
Total Assets	39 244 000	38 736 000	39 705 000	40 917 000
Total Retained Equity	−13 690 000	−12 680 000	−11 043 000	−9 965 000
Total Equity	3 310 000	4 320 000	5 957 000	7 035 000
Total Long-Term Debt	34 286 000	33 886 000	33 218 000	33 435 000
Total Current Debt	1 647 000	530 000	530 000	446 000
Total Equity and Debt	39 244 000	38 736 000	39 705 000	40 917 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 696 000	3 235 000	2 774 000	2 667 000
Other Income	1 258 000	0	0	0
Revenue	4 954 000	3 235 000	2 774 000	2 667 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 391 000	1 329 000	1 329 000	1 329 000
Impairment	0	0	0	0
Expenditure	4 618 000	3 694 000	2 526 000	2 821 000
Operating Profit	336 000	−458 000	248 000	−153 000
Financial Income	6 000	9 000	6 000	6 000
Financial Costs	1 351 000	1 189 000	1 333 000	1 476 000
Financial Balance	−1 345 000	−1 180 000	−1 327 000	−1 470 000
Dividends	0	0	0	0
Net Income	−1 009 000	−1 638 000	−1 078 000	−1 623 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	37 431 000	38 058 000	39 372 000	40 686 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	62 000	77 000	91 000
Total Tangible Assets	37 479 000	38 120 000	39 449 000	40 777 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 479 000	38 120 000	39 449 000	40 777 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	490 000	1 000	103 000
Total Current Assets	1 765 000	615 000	256 000	139 000
Total Assets	39 244 000	38 736 000	39 705 000	40 917 000
Total Equity	3 310 000	4 320 000	5 957 000	7 035 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 286 000	33 886 000	33 218 000	33 435 000
Creditors	1 217 000	277 000	323 000	189 000
Unpaid Taxes	0	0	0	65 000
Dividends	0	0	0	0
Other Current Debt	431 000	253 000	207 000	192 000
Total Current Debt	1 647 000	530 000	530 000	446 000
Total Equity and Debt	39 244 000	38 736 000	39 705 000	40 917 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,48 %	−37,92 %	−18,1 %	−23,07 %
Debt-to-Equity Ratio	10,36	7,84	5,58	4,75
Operating Profit Margin	6,78 %	−14,16 %	8,94 %	−5,74 %
Current Ratio	1,07	1,16	0,48	0,31
Quick Ratio	1,07	1,16	0,48	0,31
Equity Ratio	0,08	0,11	0,15	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %