Otello Corporation ASA (OTEC) - Net Assets

Latest as of June 2025: Nkr132.19 Million NOK ≈ $13.91 Million USD

Based on the latest financial reports, Otello Corporation ASA (OTEC) has net assets worth Nkr132.19 Million NOK (≈ $13.91 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr133.89 Million ≈ $14.09 Million USD) and total liabilities (Nkr1.70 Million ≈ $178.78K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check OTEC asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr132.19 Million
% of Total Assets	98.73%
Annual Growth Rate	3.07%
5-Year Change	-74.23%
10-Year Change	-77.75%
Growth Volatility	38.85

Otello Corporation ASA - Net Assets Trend (2004–2024)

This chart illustrates how Otello Corporation ASA's net assets have evolved over time, based on quarterly financial data. Also explore Otello Corporation ASA balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Otello Corporation ASA (2004–2024)

The table below shows the annual net assets of Otello Corporation ASA from 2004 to 2024. For live valuation and market cap data, see OTEC market cap overview.

Year	Net Assets	Change
2024-12-31	Nkr78.96 Million ≈ $8.31 Million	-27.58%
2023-12-31	Nkr109.02 Million ≈ $11.47 Million	+1.51%
2022-12-31	Nkr107.40 Million ≈ $11.30 Million	-69.43%
2021-12-31	Nkr351.30 Million ≈ $36.97 Million	+14.65%
2020-12-31	Nkr306.40 Million ≈ $32.24 Million	-9.64%
2019-12-31	Nkr339.10 Million ≈ $35.68 Million	-6.82%
2018-12-31	Nkr363.90 Million ≈ $38.29 Million	-22.24%
2017-12-31	Nkr468.00 Million ≈ $49.25 Million	-9.93%
2016-12-31	Nkr519.60 Million ≈ $54.68 Million	+46.41%
2015-12-31	Nkr354.90 Million ≈ $37.35 Million	-3.38%
2014-12-31	Nkr367.30 Million ≈ $38.65 Million	+16.97%
2013-12-31	Nkr314.00 Million ≈ $33.04 Million	+118.36%
2012-12-31	Nkr143.80 Million ≈ $15.13 Million	+22.71%
2011-12-31	Nkr117.18 Million ≈ $12.33 Million	+10.84%
2010-12-31	Nkr105.72 Million ≈ $11.13 Million	+1.61%
2009-12-31	Nkr104.04 Million ≈ $10.95 Million	+21.28%
2008-12-31	Nkr85.79 Million ≈ $9.03 Million	-12.27%
2007-12-31	Nkr97.79 Million ≈ $10.29 Million	+21.88%
2006-12-31	Nkr80.24 Million ≈ $8.44 Million	+86.61%
2005-12-31	Nkr43.00 Million ≈ $4.52 Million	-0.36%
2004-12-31	Nkr43.15 Million ≈ $4.54 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Otello Corporation ASA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	Nkr209.00K	0.26%
Other Components	Nkr78.75 Million	99.74%
Total Equity	Nkr78.96 Million	100.00%

Otello Corporation ASA Competitors by Market Cap

The table below lists competitors of Otello Corporation ASA ranked by their market capitalization.

Company	Market Cap
HIM International Music TWO:8446	$140.70 Million
mPLUS Corp KQ:259630	$140.70 Million
Salasar Techno Engineering Limited NSE:SALASAR	$140.83 Million
S&P Syndicate Public Company Limited BK:SNP	$140.86 Million
Beijing Tongtech Co Ltd SHE:300379	$140.42 Million
Gabelli Healthcare & WellnessRx Trust NYSE:GRX	$140.42 Million
Abonmax Co Ltd TW:2429	$140.34 Million
CB Industrial Product Holding KLSE:7076	$140.33 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Otello Corporation ASA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 109,024,000 to 78,957,000, a change of -30,067,000 (-27.6%).
Net loss of 16,260,000 reduced equity.
Share repurchases of 3,066,000 reduced equity.
Other factors decreased equity by 10,741,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Nkr-16.26 Million	-20.59%
Share Repurchases	Nkr3.07 Million	-3.88%
Other Changes	Nkr-10.74 Million	-13.6%
Total Change	Nkr-	-27.58%

Book Value vs Market Value Analysis

This analysis compares Otello Corporation ASA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 20.58x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 47.25x to 20.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	Nkr0.40	Nkr18.72	x
2005-12-31	Nkr0.40	Nkr18.72	x
2006-12-31	Nkr0.78	Nkr18.72	x
2007-12-31	Nkr0.82	Nkr18.72	x
2008-12-31	Nkr0.71	Nkr18.72	x
2009-12-31	Nkr0.86	Nkr18.72	x
2010-12-31	Nkr0.88	Nkr18.72	x
2011-12-31	Nkr0.97	Nkr18.72	x
2012-12-31	Nkr1.19	Nkr18.72	x
2013-12-31	Nkr2.50	Nkr18.72	x
2014-12-31	Nkr2.68	Nkr18.72	x
2015-12-31	Nkr2.46	Nkr18.72	x
2016-12-31	Nkr3.48	Nkr18.72	x
2017-12-31	Nkr3.24	Nkr18.72	x
2018-12-31	Nkr2.59	Nkr18.72	x
2019-12-31	Nkr2.45	Nkr18.72	x
2020-12-31	Nkr2.23	Nkr18.72	x
2021-12-31	Nkr2.82	Nkr18.72	x
2022-12-31	Nkr1.15	Nkr18.72	x
2023-12-31	Nkr1.24	Nkr18.72	x
2024-12-31	Nkr0.91	Nkr18.72	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Otello Corporation ASA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -20.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.00%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.02x
Recent ROE (-20.59%) is below the historical average (4.15%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	21.92%	57.92%	0.35x	1.07x	Nkr5.15 Million
2005	0.97%	1.82%	0.47x	1.12x	Nkr-3.88 Million
2006	-3.64%	-8.51%	0.38x	1.13x	Nkr-10.95 Million
2007	2.34%	3.95%	0.51x	1.15x	Nkr-7.49 Million
2008	14.66%	17.64%	0.62x	1.34x	Nkr4.00 Million
2009	5.12%	5.04%	0.75x	1.36x	Nkr-5.08 Million
2010	3.72%	3.34%	0.73x	1.54x	Nkr-6.64 Million
2011	20.29%	15.82%	0.90x	1.42x	Nkr12.06 Million
2012	11.82%	7.87%	0.90x	1.67x	Nkr2.62 Million
2013	19.20%	20.09%	0.56x	1.70x	Nkr28.90 Million
2014	-15.82%	-12.08%	0.59x	2.20x	Nkr-94.83 Million
2015	-14.43%	-8.31%	0.68x	2.55x	Nkr-86.69 Million
2016	82.06%	79.45%	0.64x	1.61x	Nkr374.44 Million
2017	-7.74%	-8.64%	0.66x	1.36x	Nkr-83.00 Million
2018	-25.75%	-33.93%	0.60x	1.26x	Nkr-129.67 Million
2019	-6.70%	-9.39%	0.55x	1.29x	Nkr-56.32 Million
2020	-7.59%	-9.00%	0.61x	1.39x	Nkr-53.98 Million
2021	-14.57%	-51200.00%	0.00x	1.04x	Nkr-86.33 Million
2022	14.90%	8000.00%	0.00x	1.02x	Nkr5.26 Million
2023	6.94%	0.00%	0.00x	1.01x	Nkr-3.34 Million
2024	-20.59%	0.00%	0.00x	1.02x	Nkr-24.16 Million

Industry Comparison

This section compares Otello Corporation ASA's net assets metrics with peer companies in the Advertising Agencies industry.

No peer company data available for comparison.

About Otello Corporation ASA

OL:OTEC Norway Advertising Agencies

Market Cap

$140.50 Million

Nkr1.34 Billion NOK

Market Cap Rank

#17875 Global

#152 in Norway

Share Price

Nkr18.72

Change (1 day)

-0.53%

52-Week Range

Nkr9.86 - Nkr20.15

All Time High

Nkr50.26