Org.nr 915 501 680 2018 → 2019 Year-over-year analysis

OTOVO ASA: årsregnskap 2019 vs 2018

Grew 45% on revenue, fresh owner capital

approved 2020-03-20; registry 2020-06-27; journal 2020 489303

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for OTOVO ASA. Revenue 77.19m NOK → 112.01m NOK (+45.1%). Equity 131.81m NOK → 297.13m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for OTOVO ASA.

At a glance

Revenue

77.19m NOK 112.01m NOK

+45.1%

Equity

131.81m NOK 297.13m NOK

+125.4%

Cash

117.36m NOK 176.00m NOK

+50.0%

Total assets

160.33m NOK 383.17m NOK

+139.0%

↑
Revenue rose

Operating income / revenue moved from 77.19m NOK to 112.01m NOK (+45.1% YoY). Calculated
↑
Equity strengthened

Book equity 131.81m NOK → 297.13m NOK (equity ratio 82.2% → 77.5%). Calculated
↑
Cash rose

Bank deposits 117.36m NOK → 176.00m NOK (+50.0% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 131.81m NOK → 328.53m NOK (+196.72m NOK). Reported fact

·
COGS moved

COGS / varekostnad 73.68m NOK → 93.32m NOK (+26.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 15.97m NOK → 148.91m NOK. Reported fact