OTIC AS

4016 STAVANGER

Finances

Return on Equity

21,14 %

Current Ratio

0,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	17 120 000	49 368 000	297 000	4 474 000
Total Assets	126 235 000	132 422 000	122 267 000	122 052 000
Total Equity	80 967 000	78 846 000	49 478 000	49 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	46 000	79 000	31 000	24 000
Operating Profit	−46 000	−79 000	−31 000	−24 000
Financial Income	15 234 000	56 699 000	1 286 000	1 853 000
Financial Costs	−5 273 000	5 926 000	874 000	−2 779 000
Financial Balance	20 507 000	50 773 000	412 000	4 632 000
Earnings Before Tax	20 462 000	50 694 000	381 000	4 608 000
Tax	3 341 000	1 325 000	84 000	134 000
Net Income	17 120 000	49 368 000	297 000	4 474 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 692 000	102 295 000	120 210 000	120 211 000
Total Current Assets	16 543 000	30 127 000	2 057 000	1 841 000
Total Assets	126 235 000	132 422 000	122 267 000	122 052 000
Total Retained Equity	45 575 000	43 454 000	14 086 000	13 992 000
Total Equity	80 967 000	78 846 000	49 478 000	49 384 000
Total Long-Term Debt	0	0	26 918 000	28 278 000
Total Current Debt	45 268 000	53 575 000	45 872 000	44 390 000
Total Equity and Debt	126 235 000	132 422 000	122 267 000	122 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	46 000	79 000	31 000	24 000
Operating Profit	−46 000	−79 000	−31 000	−24 000
Financial Income	15 234 000	56 699 000	1 286 000	1 853 000
Financial Costs	−5 273 000	5 926 000	874 000	−2 779 000
Financial Balance	20 507 000	50 773 000	412 000	4 632 000
Dividends	15 000 000	20 000 000	0	0
Net Income	17 120 000	49 368 000	297 000	4 474 000

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	109 692 000	102 295 000	120 210 000	120 211 000
Total Fixed Assets	109 692 000	102 295 000	120 210 000	120 211 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	3 304 000	292 000	76 000
Total Current Assets	16 543 000	30 127 000	2 057 000	1 841 000
Total Assets	126 235 000	132 422 000	122 267 000	122 052 000
Total Equity	80 967 000	78 846 000	49 478 000	49 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	26 918 000	28 278 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	15 000 000	20 000 000	0	0
Other Current Debt	27 470 000	33 570 000	45 845 000	44 390 000
Total Current Debt	45 268 000	53 575 000	45 872 000	44 390 000
Total Equity and Debt	126 235 000	132 422 000	122 267 000	122 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,14 %	62,61 %	0,6 %	9,06 %
Debt-to-Equity Ratio	0	0	0,54	0,57
Operating Profit Margin	-	-	-	-
Current Ratio	0,37	0,56	0,04	0,04
Quick Ratio	0,37	0,56	0,04	0,04
Equity Ratio	0,64	0,6	0,4	0,4
Gross Profit Margin	-	-	-	-