OTRETEK AS

7340 OPPDAL

Finances

Return on Equity

24,29 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 173 000	45 726 000	32 703 000	33 930 000
Net Income	1 219 000	366 000	316 000	308 000
Total Assets	13 936 000	18 203 000	11 803 000	16 526 000
Total Equity	5 018 000	3 799 000	3 434 000	2 019 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 173 000	45 726 000	32 703 000	33 930 000
Expenditure	37 440 000	45 129 000	32 178 000	33 252 000
Operating Profit	1 734 000	598 000	524 000	677 000
Financial Income	42 000	21 000	31 000	16 000
Financial Costs	213 000	215 000	217 000	336 000
Financial Balance	−171 000	−194 000	−186 000	−320 000
Earnings Before Tax	1 563 000	404 000	339 000	357 000
Tax	344 000	38 000	22 000	49 000
Net Income	1 219 000	366 000	316 000	308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	342 000	408 000	502 000
Total Current Assets	13 631 000	17 861 000	11 395 000	16 025 000
Total Assets	13 936 000	18 203 000	11 803 000	16 526 000
Total Retained Equity	2 999 000	1 780 000	1 414 000	0
Total Equity	5 018 000	3 799 000	3 434 000	2 019 000
Total Long-Term Debt	1 593 000	3 327 000	2 178 000	1 546 000
Total Current Debt	7 325 000	11 076 000	6 191 000	12 961 000
Total Equity and Debt	13 936 000	18 203 000	11 803 000	16 526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 777 000	45 223 000	32 666 000	33 930 000
Other Income	396 000	504 000	37 000	0
Revenue	39 173 000	45 726 000	32 703 000	33 930 000
Cost of Goods Sold	13 146 000	22 261 000	14 105 000	14 609 000
Salary Costs	17 342 000	15 733 000	12 594 000	12 985 000
Depreciation	128 000	134 000	169 000	137 000
Impairment	0	0	0	0
Expenditure	37 440 000	45 129 000	32 178 000	33 252 000
Operating Profit	1 734 000	598 000	524 000	677 000
Financial Income	42 000	21 000	31 000	16 000
Financial Costs	213 000	215 000	217 000	336 000
Financial Balance	−171 000	−194 000	−186 000	−320 000
Dividends	0	0	0	0
Net Income	1 219 000	366 000	316 000	308 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	154 000	196 000	274 000	226 000
Fixtures	148 000	76 000	132 000	224 000
Total Tangible Assets	302 000	272 000	405 000	449 000
Total Fiancial Fixed Assets	3 000	70 000	3 000	53 000
Total Fixed Assets	305 000	342 000	408 000	502 000
Stock	2 024 000	1 839 000	1 368 000	1 109 000
Total Investments	0	0	0	0
Cash, Bank	2 834 000	677 000	502 000	1 623 000
Total Current Assets	13 631 000	17 861 000	11 395 000	16 025 000
Total Assets	13 936 000	18 203 000	11 803 000	16 526 000
Total Equity	5 018 000	3 799 000	3 434 000	2 019 000
Short-Term Group Debt	0	3 938 000	0	7 486 000
Total Long-Term Debt	1 593 000	3 327 000	2 178 000	1 546 000
Creditors	1 298 000	3 198 000	1 509 000	1 232 000
Unpaid Taxes	1 773 000	1 409 000	1 796 000	1 886 000
Dividends	0	0	0	0
Other Current Debt	2 175 000	2 521 000	2 125 000	2 356 000
Total Current Debt	7 325 000	11 076 000	6 191 000	12 961 000
Total Equity and Debt	13 936 000	18 203 000	11 803 000	16 526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,29 %	9,63 %	9,2 %	15,26 %
Debt-to-Equity Ratio	0,32	0,88	0,63	0,77
Operating Profit Margin	4,43 %	1,31 %	1,6 %	2 %
Current Ratio	1,86	1,61	1,84	1,24
Quick Ratio	2,57	1,93	2,36	1,35
Equity Ratio	0,36	0,21	0,29	0,12
Gross Profit Margin	66,44 %	51,32 %	56,87 %	56,94 %