OTLAV HOLDING AS

6004 ÅLESUND

Finances

Return on Equity

10,98 %

Current Ratio

12,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 743 000	757 000	9 000	346 000
Net Income	761 000	486 000	70 000	634 000
Total Assets	7 521 000	6 481 000	5 863 000	5 856 000
Total Equity	6 933 000	6 173 000	5 687 000	5 617 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 743 000	757 000	9 000	346 000
Expenditure	793 000	231 000	85 000	49 000
Operating Profit	950 000	526 000	−77 000	297 000
Financial Income	22 000	85 000	290 000	387 000
Financial Costs	0	0	159 000	2 000
Financial Balance	22 000	85 000	131 000	385 000
Earnings Before Tax	972 000	611 000	55 000	682 000
Tax	212 000	125 000	−15 000	48 000
Net Income	761 000	486 000	70 000	634 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	0	0	0
Total Current Assets	7 481 000	6 481 000	5 863 000	5 856 000
Total Assets	7 521 000	6 481 000	5 863 000	5 856 000
Total Retained Equity	6 715 000	5 954 000	5 468 000	5 398 000
Total Equity	6 933 000	6 173 000	5 687 000	5 617 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	588 000	309 000	176 000	239 000
Total Equity and Debt	7 521 000	6 481 000	5 863 000	5 856 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 743 000	757 000	9 000	346 000
Other Income	0	0	0	0
Revenue	1 743 000	757 000	9 000	346 000
Cost of Goods Sold	0	0	0	0
Salary Costs	547 000	29 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	793 000	231 000	85 000	49 000
Operating Profit	950 000	526 000	−77 000	297 000
Financial Income	22 000	85 000	290 000	387 000
Financial Costs	0	0	159 000	2 000
Financial Balance	22 000	85 000	131 000	385 000
Dividends	0	0	0	0
Net Income	761 000	486 000	70 000	634 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	40 000	0	0	0
Total Fixed Assets	40 000	0	0	0
Stock	0	0	0	0
Total Investments	5 993 000	5 780 000	5 614 000	1 251 000
Cash, Bank	1 352 000	699 000	235 000	4 600 000
Total Current Assets	7 481 000	6 481 000	5 863 000	5 856 000
Total Assets	7 521 000	6 481 000	5 863 000	5 856 000
Total Equity	6 933 000	6 173 000	5 687 000	5 617 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	3 000	10 000	3 000
Unpaid Taxes	54 000	0	0	9 000
Dividends	0	0	0	0
Other Current Debt	312 000	180 000	167 000	178 000
Total Current Debt	588 000	309 000	176 000	239 000
Total Equity and Debt	7 521 000	6 481 000	5 863 000	5 856 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,98 %	7,87 %	1,23 %	11,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	54,5 %	69,48 %	−855,56 %	85,84 %
Current Ratio	12,72	20,97	33,31	24,5
Quick Ratio	12,72	20,97	33,31	24,5
Equity Ratio	0,92	0,95	0,97	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %