OTK SERVICE AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

−11,21 %

Current Ratio

2,98

Debt-to-Equity Ratio

7,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 022 000	4 237 000	3 782 000	3 163 000
Net Income	−25 000	246 000	19 000	76 000
Total Assets	2 766 000	2 503 000	2 249 000	1 993 000
Total Equity	223 000	248 000	2 000	−17 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 022 000	4 237 000	3 782 000	3 163 000
Expenditure	4 863 000	3 909 000	3 674 000	2 956 000
Operating Profit	159 000	327 000	108 000	207 000
Financial Income	0	−3 000	−4 000	0
Financial Costs	66 000	78 000	85 000	132 000
Financial Balance	−66 000	−81 000	−89 000	−132 000
Earnings Before Tax	92 000	246 000	19 000	76 000
Tax	117 000	0	0	0
Net Income	−25 000	246 000	19 000	76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	177 000	274 000	142 000	165 000
Total Current Assets	2 589 000	2 229 000	2 107 000	1 829 000
Total Assets	2 766 000	2 503 000	2 249 000	1 993 000
Total Retained Equity	123 000	148 000	−98 000	−117 000
Total Equity	223 000	248 000	2 000	−17 000
Total Long-Term Debt	1 674 000	1 808 000	1 492 000	1 558 000
Total Current Debt	869 000	447 000	755 000	452 000
Total Equity and Debt	2 766 000	2 503 000	2 249 000	1 993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 991 000	4 237 000	3 714 000	3 163 000
Other Income	32 000	0	68 000	0
Revenue	5 022 000	4 237 000	3 782 000	3 163 000
Cost of Goods Sold	3 906 000	3 361 000	3 115 000	2 214 000
Salary Costs	139 000	90 000	1 000	82 000
Depreciation	43 000	28 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	4 863 000	3 909 000	3 674 000	2 956 000
Operating Profit	159 000	327 000	108 000	207 000
Financial Income	0	−3 000	−4 000	0
Financial Costs	66 000	78 000	85 000	132 000
Financial Balance	−66 000	−81 000	−89 000	−132 000
Dividends	0	0	0	0
Net Income	−25 000	246 000	19 000	76 000

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	27 000	27 000	27 000	27 000
Fixtures	151 000	248 000	116 000	138 000
Total Tangible Assets	177 000	274 000	142 000	165 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	177 000	274 000	142 000	165 000
Stock	2 379 000	2 379 000	2 379 000	2 279 000
Total Investments	0	0	0	0
Cash, Bank	13 000	−259 000	−429 000	−572 000
Total Current Assets	2 589 000	2 229 000	2 107 000	1 829 000
Total Assets	2 766 000	2 503 000	2 249 000	1 993 000
Total Equity	223 000	248 000	2 000	−17 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 674 000	1 808 000	1 492 000	1 558 000
Creditors	359 000	245 000	213 000	211 000
Unpaid Taxes	125 000	185 000	356 000	195 000
Dividends	0	0	0	0
Other Current Debt	24 000	26 000	186 000	47 000
Total Current Debt	869 000	447 000	755 000	452 000
Total Equity and Debt	2 766 000	2 503 000	2 249 000	1 993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,21 %	99,19 %	950 %	−447,06 %
Debt-to-Equity Ratio	7,51	7,29	746	−91,65
Operating Profit Margin	3,17 %	7,72 %	2,86 %	6,54 %
Current Ratio	2,98	4,99	2,79	4,05
Quick Ratio	−1,71	−1,15	−1,3	−1
Equity Ratio	0,08	0,1	0	−0,01
Gross Profit Margin	22,22 %	20,68 %	17,64 %	30 %