OTTA TEKSTIL AS

2670 OTTA

Finances

Return on Equity

26,46 %

Current Ratio

2,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 052 000	8 865 000	7 576 000	7 329 000
Net Income	1 139 000	694 000	553 000	293 000
Total Assets	6 677 000	5 403 000	4 373 000	3 903 000
Total Equity	4 305 000	3 766 000	3 272 000	2 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 052 000	8 865 000	7 576 000	7 329 000
Expenditure	9 577 000	7 961 000	6 855 000	6 945 000
Operating Profit	1 476 000	903 000	721 000	384 000
Financial Income	3 000	1 000	2 000	7 000
Financial Costs	19 000	14 000	15 000	15 000
Financial Balance	−16 000	−13 000	−13 000	−8 000
Earnings Before Tax	1 460 000	890 000	709 000	376 000
Tax	321 000	196 000	156 000	83 000
Net Income	1 139 000	694 000	553 000	293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 004 000	84 000	120 000	180 000
Total Current Assets	5 673 000	5 319 000	4 253 000	3 723 000
Total Assets	6 677 000	5 403 000	4 373 000	3 903 000
Total Retained Equity	4 275 000	3 736 000	3 241 000	2 889 000
Total Equity	4 305 000	3 766 000	3 272 000	2 919 000
Total Long-Term Debt	21 000	0	0	0
Total Current Debt	2 351 000	1 637 000	1 101 000	984 000
Total Equity and Debt	6 677 000	5 403 000	4 373 000	3 903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 032 000	8 865 000	7 526 000	7 329 000
Other Income	20 000	0	50 000	0
Revenue	11 052 000	8 865 000	7 576 000	7 329 000
Cost of Goods Sold	5 841 000	5 107 000	4 360 000	4 188 000
Salary Costs	2 136 000	1 498 000	1 288 000	1 531 000
Depreciation	33 000	37 000	67 000	60 000
Impairment	0	0	0	0
Expenditure	9 577 000	7 961 000	6 855 000	6 945 000
Operating Profit	1 476 000	903 000	721 000	384 000
Financial Income	3 000	1 000	2 000	7 000
Financial Costs	19 000	14 000	15 000	15 000
Financial Balance	−16 000	−13 000	−13 000	−8 000
Dividends	600 000	200 000	200 000	0
Net Income	1 139 000	694 000	553 000	293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	14 000	14 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	940 000	27 000	64 000	131 000
Total Tangible Assets	940 000	27 000	64 000	131 000
Total Fiancial Fixed Assets	63 000	42 000	42 000	42 000
Total Fixed Assets	1 004 000	84 000	120 000	180 000
Stock	1 877 000	1 502 000	1 489 000	1 566 000
Total Investments	0	0	0	0
Cash, Bank	3 323 000	3 590 000	2 596 000	1 949 000
Total Current Assets	5 673 000	5 319 000	4 253 000	3 723 000
Total Assets	6 677 000	5 403 000	4 373 000	3 903 000
Total Equity	4 305 000	3 766 000	3 272 000	2 919 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	0	0	0
Creditors	781 000	469 000	27 000	23 000
Unpaid Taxes	157 000	373 000	312 000	286 000
Dividends	600 000	200 000	200 000	0
Other Current Debt	527 000	399 000	399 000	589 000
Total Current Debt	2 351 000	1 637 000	1 101 000	984 000
Total Equity and Debt	6 677 000	5 403 000	4 373 000	3 903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,46 %	18,43 %	16,9 %	10,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,36 %	10,19 %	9,52 %	5,24 %
Current Ratio	2,41	3,25	3,86	3,78
Quick Ratio	11,97	39,4	−10,96	−6,4
Equity Ratio	0,64	0,7	0,75	0,75
Gross Profit Margin	47,15 %	42,39 %	42,45 %	42,86 %