OTTERSEN RACING AS

0489 OSLO

Finances

Share Ownership

Return on Equity

−93,75 %

Current Ratio

0,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 000	79 000	154 000	103 000
Net Income	−165 000	−363 000	−328 000	−444 000
Total Assets	3 296 000	3 314 000	3 717 000	4 187 000
Total Equity	176 000	141 000	304 000	302 000

Income (NOK)	2022	2021	2020	2019
Revenue	108 000	79 000	154 000	103 000
Expenditure	263 000	441 000	482 000	546 000
Operating Profit	−156 000	−362 000	−328 000	−444 000
Financial Income	0	0	0	0
Financial Costs	9 000	1 000	0	0
Financial Balance	−9 000	−1 000	0	0
Earnings Before Tax	−165 000	−363 000	−328 000	−444 000
Tax	0	0	0	0
Net Income	−165 000	−363 000	−328 000	−444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 991 000	3 029 000	3 290 000	3 552 000
Total Current Assets	305 000	286 000	427 000	635 000
Total Assets	3 296 000	3 314 000	3 717 000	4 187 000
Total Retained Equity	−5 654 000	−5 489 000	−5 126 000	−4 798 000
Total Equity	176 000	141 000	304 000	302 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 120 000	3 173 000	3 413 000	3 885 000
Total Equity and Debt	3 296 000	3 314 000	3 717 000	4 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 000	79 000	154 000	103 000
Other Income	0	0	0	0
Revenue	108 000	79 000	154 000	103 000
Cost of Goods Sold	0	0	0	32 000
Salary Costs	0	0	0	0
Depreciation	38 000	262 000	262 000	262 000
Impairment	0	0	0	0
Expenditure	263 000	441 000	482 000	546 000
Operating Profit	−156 000	−362 000	−328 000	−444 000
Financial Income	0	0	0	0
Financial Costs	9 000	1 000	0	0
Financial Balance	−9 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−165 000	−363 000	−328 000	−444 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 991 000	3 029 000	3 066 000	3 104 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	224 000	448 000
Total Tangible Assets	2 991 000	3 029 000	3 290 000	3 552 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 991 000	3 029 000	3 290 000	3 552 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	95 000	68 000	74 000	113 000
Total Current Assets	305 000	286 000	427 000	635 000
Total Assets	3 296 000	3 314 000	3 717 000	4 187 000
Total Equity	176 000	141 000	304 000	302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	59 000	51 000	59 000	32 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 061 000	3 123 000	3 355 000	3 853 000
Total Current Debt	3 120 000	3 173 000	3 413 000	3 885 000
Total Equity and Debt	3 296 000	3 314 000	3 717 000	4 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−93,75 %	−257,45 %	−107,89 %	−147,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−144,44 %	−458,23 %	−212,99 %	−431,07 %
Current Ratio	0,1	0,09	0,13	0,16
Quick Ratio	0,1	0,09	0,13	0,16
Equity Ratio	0,05	0,04	0,08	0,07
Gross Profit Margin	100 %	100 %	100 %	68,93 %