OTTEM RESIRK AS

6600 SUNNDALSØRA

Finances

Return on Equity

26,48 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 301 000	40 372 000	37 284 000	40 366 000
Net Income	3 002 000	627 000	4 318 000	3 697 000
Total Assets	20 229 000	21 111 000	22 536 000	23 049 000
Total Equity	11 337 000	8 335 000	7 708 000	6 391 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 301 000	40 372 000	37 284 000	40 366 000
Expenditure	32 150 000	38 840 000	32 187 000	35 522 000
Operating Profit	2 152 000	1 532 000	5 097 000	4 843 000
Financial Income	1 508 000	3 000	157 000	6 000
Financial Costs	184 000	187 000	249 000	105 000
Financial Balance	1 324 000	−184 000	−92 000	−99 000
Earnings Before Tax	3 476 000	1 348 000	5 005 000	4 744 000
Tax	474 000	721 000	687 000	1 047 000
Net Income	3 002 000	627 000	4 318 000	3 697 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 340 000	6 403 000	5 313 000	6 086 000
Total Current Assets	16 889 000	14 709 000	17 223 000	16 963 000
Total Assets	20 229 000	21 111 000	22 536 000	23 049 000
Total Retained Equity	11 037 000	8 035 000	7 408 000	6 091 000
Total Equity	11 337 000	8 335 000	7 708 000	6 391 000
Total Long-Term Debt	2 387 000	3 516 000	4 561 000	4 855 000
Total Current Debt	6 505 000	9 260 000	10 267 000	11 803 000
Total Equity and Debt	20 229 000	21 111 000	22 536 000	23 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 238 000	36 916 000	34 894 000	37 090 000
Other Income	63 000	3 456 000	2 390 000	3 276 000
Revenue	34 301 000	40 372 000	37 284 000	40 366 000
Cost of Goods Sold	9 721 000	17 267 000	14 213 000	13 505 000
Salary Costs	7 447 000	7 301 000	6 586 000	6 013 000
Depreciation	1 355 000	1 514 000	1 636 000	1 830 000
Impairment	0	0	0	0
Expenditure	32 150 000	38 840 000	32 187 000	35 522 000
Operating Profit	2 152 000	1 532 000	5 097 000	4 843 000
Financial Income	1 508 000	3 000	157 000	6 000
Financial Costs	184 000	187 000	249 000	105 000
Financial Balance	1 324 000	−184 000	−92 000	−99 000
Dividends	0	0	0	0
Net Income	3 002 000	627 000	4 318 000	3 697 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 476 000	1 472 000	1 472 000	1 280 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	941 000	1 896 000	2 956 000	4 143 000
Fixtures	808 000	805 000	885 000	663 000
Total Tangible Assets	1 749 000	2 700 000	3 841 000	4 806 000
Total Fiancial Fixed Assets	115 000	2 230 000	0	0
Total Fixed Assets	3 340 000	6 403 000	5 313 000	6 086 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 529 000	6 345 000	3 693 000	6 050 000
Total Current Assets	16 889 000	14 709 000	17 223 000	16 963 000
Total Assets	20 229 000	21 111 000	22 536 000	23 049 000
Total Equity	11 337 000	8 335 000	7 708 000	6 391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 387 000	3 516 000	4 561 000	4 855 000
Creditors	3 011 000	5 493 000	6 043 000	7 687 000
Unpaid Taxes	543 000	640 000	902 000	754 000
Dividends	0	0	0	0
Other Current Debt	2 333 000	2 731 000	2 528 000	2 026 000
Total Current Debt	6 505 000	9 260 000	10 267 000	11 803 000
Total Equity and Debt	20 229 000	21 111 000	22 536 000	23 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,48 %	7,52 %	56,02 %	57,85 %
Debt-to-Equity Ratio	0,21	0,42	0,59	0,76
Operating Profit Margin	6,27 %	3,79 %	13,67 %	12 %
Current Ratio	2,6	1,59	1,68	1,44
Quick Ratio	2,6	1,59	1,68	1,44
Equity Ratio	0,56	0,39	0,34	0,28
Gross Profit Margin	71,66 %	57,23 %	61,88 %	66,54 %