M. OTTERSHAGEN & SØNN AS

2340 LØTEN

Finances

Share Ownership

Return on Equity

−29,86 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 856 000	3 690 000	2 184 000	2 253 000
Net Income	−510 000	609 000	290 000	189 000
Total Assets	2 218 000	3 254 000	2 000 000	2 135 000
Total Equity	1 708 000	2 217 000	1 659 000	1 423 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 856 000	3 690 000	2 184 000	2 253 000
Expenditure	2 511 000	2 908 000	1 832 000	1 985 000
Operating Profit	−654 000	782 000	353 000	269 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	2 000	8 000	14 000
Financial Balance	0	−2 000	−7 000	−12 000
Earnings Before Tax	−654 000	780 000	346 000	257 000
Tax	−144 000	172 000	56 000	68 000
Net Income	−510 000	609 000	290 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 138 000	1 393 000	314 000	680 000
Total Current Assets	1 080 000	1 861 000	1 685 000	1 455 000
Total Assets	2 218 000	3 254 000	2 000 000	2 135 000
Total Retained Equity	1 563 000	2 072 000	1 514 000	1 278 000
Total Equity	1 708 000	2 217 000	1 659 000	1 423 000
Total Long-Term Debt	11 000	155 000	88 000	210 000
Total Current Debt	499 000	881 000	253 000	503 000
Total Equity and Debt	2 218 000	3 254 000	2 000 000	2 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 856 000	3 137 000	1 872 000	2 253 000
Other Income	0	553 000	312 000	0
Revenue	1 856 000	3 690 000	2 184 000	2 253 000
Cost of Goods Sold	451 000	638 000	633 000	159 000
Salary Costs	580 000	882 000	394 000	755 000
Depreciation	250 000	115 000	209 000	209 000
Impairment	0	0	0	0
Expenditure	2 511 000	2 908 000	1 832 000	1 985 000
Operating Profit	−654 000	782 000	353 000	269 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	2 000	8 000	14 000
Financial Balance	0	−2 000	−7 000	−12 000
Dividends	0	0	0	0
Net Income	−510 000	609 000	290 000	189 000

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	130 000	150 000	266 000	475 000
Fixtures	920 000	1 150 000	0	0
Total Tangible Assets	1 050 000	1 300 000	266 000	475 000
Total Fiancial Fixed Assets	87 000	93 000	49 000	205 000
Total Fixed Assets	1 138 000	1 393 000	314 000	680 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	734 000	1 465 000	1 475 000	1 415 000
Total Current Assets	1 080 000	1 861 000	1 685 000	1 455 000
Total Assets	2 218 000	3 254 000	2 000 000	2 135 000
Total Equity	1 708 000	2 217 000	1 659 000	1 423 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	155 000	88 000	210 000
Creditors	277 000	152 000	61 000	230 000
Unpaid Taxes	41 000	292 000	14 000	77 000
Dividends	0	0	0	0
Other Current Debt	182 000	404 000	139 000	127 000
Total Current Debt	499 000	881 000	253 000	503 000
Total Equity and Debt	2 218 000	3 254 000	2 000 000	2 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,86 %	27,47 %	17,48 %	13,28 %
Debt-to-Equity Ratio	0,01	0,07	0,05	0,15
Operating Profit Margin	−35,24 %	21,19 %	16,16 %	11,94 %
Current Ratio	2,16	2,11	6,66	2,89
Quick Ratio	2,16	2,11	6,66	2,89
Equity Ratio	0,77	0,68	0,83	0,67
Gross Profit Margin	75,7 %	82,71 %	71,02 %	92,94 %