VIDAR OTTESEN AS

0277 OSLO

Finances

Return on Equity

−217 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 984 000	2 726 000	3 075 000	10 507 000
Net Income	−217 000	32 000	−473 000	4 111 000
Total Assets	1 002 000	571 000	2 103 000	6 511 000
Total Equity	100 000	317 000	361 000	834 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 984 000	2 726 000	3 075 000	10 507 000
Expenditure	3 193 000	2 694 000	3 256 000	5 213 000
Operating Profit	−210 000	32 000	−181 000	5 295 000
Financial Income	0	1 000	32 000	10 000
Financial Costs	8 000	0	319 000	6 000
Financial Balance	−8 000	1 000	−287 000	4 000
Earnings Before Tax	−217 000	32 000	−469 000	5 299 000
Tax	0	0	5 000	1 188 000
Net Income	−217 000	32 000	−473 000	4 111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	71 000	665 000	413 000
Total Current Assets	944 000	500 000	1 438 000	6 098 000
Total Assets	1 002 000	571 000	2 103 000	6 511 000
Total Retained Equity	0	217 000	261 000	734 000
Total Equity	100 000	317 000	361 000	834 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	902 000	254 000	1 742 000	5 677 000
Total Equity and Debt	1 002 000	571 000	2 103 000	6 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	506 000	769 000	1 740 000	8 530 000
Other Income	2 478 000	1 957 000	1 335 000	1 977 000
Revenue	2 984 000	2 726 000	3 075 000	10 507 000
Cost of Goods Sold	57 000	190 000	134 000	210 000
Salary Costs	627 000	178 000	722 000	1 713 000
Depreciation	12 000	67 000	163 000	19 000
Impairment	0	0	0	0
Expenditure	3 193 000	2 694 000	3 256 000	5 213 000
Operating Profit	−210 000	32 000	−181 000	5 295 000
Financial Income	0	1 000	32 000	10 000
Financial Costs	8 000	0	319 000	6 000
Financial Balance	−8 000	1 000	−287 000	4 000
Dividends	0	76 000	0	3 500 000
Net Income	−217 000	32 000	−473 000	4 111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	71 000	665 000	108 000
Total Tangible Assets	58 000	71 000	665 000	108 000
Total Fiancial Fixed Assets	0	0	0	300 000
Total Fixed Assets	58 000	71 000	665 000	413 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	899 000	432 000	1 301 000	5 742 000
Total Current Assets	944 000	500 000	1 438 000	6 098 000
Total Assets	1 002 000	571 000	2 103 000	6 511 000
Total Equity	100 000	317 000	361 000	834 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	44 000	42 000	35 000	108 000
Unpaid Taxes	63 000	41 000	158 000	151 000
Dividends	0	76 000	0	3 500 000
Other Current Debt	795 000	94 000	1 549 000	728 000
Total Current Debt	902 000	254 000	1 742 000	5 677 000
Total Equity and Debt	1 002 000	571 000	2 103 000	6 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−217 %	10,09 %	−131,02 %	492,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,04 %	1,17 %	−5,89 %	50,39 %
Current Ratio	1,05	1,97	0,83	1,07
Quick Ratio	1,05	1,97	0,83	1,07
Equity Ratio	0,1	0,56	0,17	0,13
Gross Profit Margin	98,09 %	93,03 %	95,64 %	98 %