OTOVO ASA financials
OTOVO ASA
Country: NO Reporting currency: NOK Latest annual report: 2023-12-31
LEI:
213800GFRKV96MLT9G04 Financial statements
(NOK, as reported — unscaled; 91 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 1.01B | NOK 637.5M |
| Other income | NOK 82.0M | NOK 14.8M |
| Operating expenses | NOK 1.49B | NOK 969.8M |
| Employee benefits expense | NOK 347.3M | NOK 219.1M |
| Operating profit (EBIT) | -NOK 399.5M | -NOK 317.5M |
| Net finance income / (cost) | NOK 9.6M | -NOK 1.5M |
| Finance costs | NOK 29.2M | NOK 4.1M |
| Profit before tax | -NOK 389.8M | -NOK 319.0M |
| Income tax expense | -NOK 5.0M | -NOK 7.8M |
| Profit for the year | -NOK 384.8M | -NOK 311.3M |
| — attributable to owners | -NOK 384.8M | -NOK 309.5M |
| — attributable to NCI | NOK 0 | -NOK 1.8M |
| Total comprehensive income | -NOK 384.6M | -NOK 314.4M |
| Per share | ||
| Basic EPS | NOK -2.43 | NOK -2.47 |
| Diluted EPS | NOK -2.43 | NOK -2.47 |
| Free cash flow / share | NOK -3.62 | NOK -3.18 |
| Cash flow statement | ||
| Cash generated from operations | -NOK 188.8M | -NOK 264.3M |
| Net cash from operating activities | -NOK 203.7M | -NOK 267.1M |
| Net cash from investing activities | -NOK 166.2M | -NOK 178.9M |
| Purchase of PP&E (capex) | NOK 369.4M | NOK 133.6M |
| Purchase of intangibles | NOK 36.7M | NOK 29.9M |
| Net cash from financing activities | NOK 750.1M | NOK 416.6M |
| Lease liability payments | NOK 7.2M | NOK 5.7M |
| Net change in cash | NOK 380.2M | -NOK 29.3M |
| Balance sheet | ||
| Total assets | NOK 1.36B | NOK 937.3M |
| Non-current assets | NOK 623.6M | NOK 478.4M |
| Property, plant & equipment | NOK 344.1M | NOK 200.5M |
| Right-of-use assets | NOK 13.9M | NOK 14.3M |
| Intangible assets & goodwill | NOK 164.6M | NOK 158.2M |
| Current assets | NOK 734.0M | NOK 458.8M |
| Inventories | NOK 1.1M | NOK 10.8M |
| Trade & other receivables | NOK 46.2M | NOK 44.1M |
| Cash & equivalents | NOK 582.7M | NOK 193.9M |
| Total equity | NOK 874.2M | NOK 531.5M |
| Non-current liabilities | NOK 244.2M | NOK 141.4M |
| Long-term borrowings | NOK 235.4M | NOK 125.7M |
| Lease liabilities (non-current) | NOK 6.7M | NOK 6.1M |
| Current liabilities | NOK 239.2M | NOK 264.4M |
| Lease liabilities (current) | NOK 8.4M | NOK 8.7M |
| Deferred tax liabilities | NOK 2.1M | NOK 9.6M |
| Derived metrics | ||
| Free cash flow | -NOK 573.1M | -NOK 400.7M |
| Operating margin | -39.5% | -49.8% |
| Net margin | -38.1% | -48.8% |
| Return on equity | -44.0% | -58.6% |
| Cash conversion ratio | 0.53× | 0.86× |
| Capex coverage | -0.55× | -2.00× |
| Other reported items | ||
| Additional Paidin Capital | NOK 85.0M | NOK 37.3M |
| Adjustments For Decrease Increase In Trade Account Receivable | NOK 1.9M | -NOK 21.9M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 75.2M | NOK 64.3M |
| Adjustments For Increase Decrease In Trade Account Payable | -NOK 8.6M | NOK 41.6M |
| Adjustments For Sharebased Payments | NOK 47.6M | NOK 24.9M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | NOK 13.8M | -NOK 9.9M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -NOK 22.1M | -NOK 7.4M |
| Changes In Inventories of Finished Goods and Work In Progress | NOK 809.6M | NOK 523.2M |
| Comprehensive Income Attributable To Noncontrolling Interests | — | -NOK 1.8M |
| Comprehensive Income Attributable To Owners of Parent | -NOK 384.6M | -NOK 312.6M |
| Current Finance Lease Receivables | NOK 717.0K | NOK 0 |
| Current Tax Liabilities Current | NOK 99.0K | NOK 0 |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | NOK 75.2M | NOK 64.3M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | NOK 8.6M | -NOK 991.0K |
| Equity and Liabilities | NOK 1.36B | NOK 937.3M |
| Finance Income | NOK 4.5M | NOK 1.8M |
| Gains Losses On Disposals of Investments | NOK 13.8M | NOK 0 |
| Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss | NOK 20.6M | NOK 10.6M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | — | NOK 0 |
| Increase Decrease Through Exercise of Options | — | NOK 9.7M |
| Increase Decrease Through Sharebased Payment Transactions | NOK 47.6M | NOK 24.9M |
| Intangible Assets Other Than Goodwill | NOK 83.7M | NOK 102.8M |
| Interest Paid Classified As Operating Activities | NOK 19.2M | NOK 3.8M |
| Interest Received Classified As Operating Activities | NOK 4.3M | NOK 1.0M |
| Issue of Equity | NOK 700.0M | NOK 300.2M |
| Issued Capital | NOK 2.8M | NOK 1.4M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | NOK 0 | NOK 9.7M |
| Noncurrent Finance Lease Receivables | NOK 13.0M | NOK 0 |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | NOK 0 | NOK 15.4M |
| Other Comprehensive Income | NOK 125.0K | -NOK 3.1M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | NOK 125.0K | -NOK 3.1M |
| Other Current Liabilities | NOK 161.4M | NOK 184.1M |
| Other Expense By Nature | NOK 259.9M | NOK 163.2M |
| Other Noncurrent Assets | NOK 4.3M | NOK 2.6M |
| Proceeds From Issue of Ordinary Shares | NOK 679.7M | NOK 299.9M |
| Proceeds From Noncurrent Borrowings | NOK 423.3M | NOK 125.6M |
| Proceeds From Sales of Interests In Associates | NOK 23.5M | NOK 0 |
| Repayments of Noncurrent Borrowings | NOK 345.7M | NOK 3.2M |
| Reserve of Exchange Differences On Translation | NOK 393.0K | NOK 268.0K |
| Retained Earnings | -NOK 1.05B | -NOK 663.8M |
| Revenue and Operating Income | NOK 1.09B | NOK 652.3M |
| Share Issue Related Cost | NOK 20.3M | NOK 10.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | NOK 0 | -NOK 9.9M |
| Share Premium | NOK 1.83B | NOK 1.16B |
| Trade and Other Current Payables To Trade Suppliers | NOK 69.3M | NOK 71.5M |
Methodology
Every line item above is a fact tagged in OTOVO ASA's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (NOK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.