Otello Corporation ASA (OTEC) - Total Assets
Based on the latest financial reports, Otello Corporation ASA (OTEC) holds total assets worth Nkr133.89 Million NOK (≈ $14.09 Million USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Otello Corporation ASA - Total Assets Trend (2004–2024)
This chart illustrates how Otello Corporation ASA's total assets have evolved over time, based on quarterly financial data. Also see Otello Corporation ASA (OTEC) market capitalisation for the company's overall valuation and market capitalisation.
Otello Corporation ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Otello Corporation ASA's total assets of Nkr133.89 Million consist of 13.2% current assets and 86.8% non-current assets. Review Otello Corporation ASA total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr10.45 Million | 13.0% |
| Accounts Receivable | Nkr0.00 | 0.0% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how Otello Corporation ASA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Otello Corporation ASA stock quote for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Otello Corporation ASA's current assets represent 13.2% of total assets in 2024, a decrease from 97.5% in 2004.
- Cash Position: Cash and equivalents constituted 13.0% of total assets in 2024, down from 85.6% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2004.
- Asset Diversification: The largest asset category is cash and equivalents at 13.0% of total assets.
Otello Corporation ASA Competitors by Total Assets
Key competitors of Otello Corporation ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Infas Holding AG
F:IFS
|
Germany | €60.82 Million |
|
QMMM Holdings Limited Ordinary Shares
NASDAQ:QMMM
|
USA | $573.15K |
|
Liftoff Mobile, Inc. Common Stock
NASDAQ:LFTO
|
USA | $2.07 Billion |
|
Easy Click Worldwide Network Technology Co. Ltd. A
SHE:301171
|
China | CN¥6.76 Billion |
|
Eletromidia S.A
SA:ELMD3
|
Brazil | R$3.20 Billion |
|
Shanghai Fengyuzhu Exhibition Co Ltd Class A
SHG:603466
|
China | CN¥4.62 Billion |
|
Ooh!Media Ltd
AU:OML
|
Australia | AU$1.90 Billion |
|
Guangdong Brandmax Marketing Co Ltd
SHE:300805
|
China | CN¥2.22 Billion |
Otello Corporation ASA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 27.99 | 22.83 | 1.86 |
| Quick Ratio | 27.99 | 22.83 | 1.86 |
| Cash Ratio | 0.00 | 22.44 | 0.00 |
| Working Capital | Nkr14.38 Million | Nkr14.12 Million | Nkr50.00 Million |
Otello Corporation ASA - Advanced Valuation Insights
This section examines the relationship between Otello Corporation ASA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.95 |
| Latest Market Cap to Assets Ratio | 1.74 |
| Asset Growth Rate (YoY) | -27.1% |
| Total Assets | Nkr80.29 Million |
| Market Capitalization | $139.90 Million USD |
Valuation Analysis
Above Book Valuation: The market values Otello Corporation ASA's assets above their book value (1.74x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Otello Corporation ASA's assets decreased by 27.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Otello Corporation ASA (2004–2024)
The table below shows the annual total assets of Otello Corporation ASA from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr80.29 Million ≈ $8.45 Million |
-27.14% |
| 2023-12-31 | Nkr110.19 Million ≈ $11.60 Million |
+0.36% |
| 2022-12-31 | Nkr109.80 Million ≈ $11.55 Million |
-69.92% |
| 2021-12-31 | Nkr365.00 Million ≈ $38.41 Million |
-14.18% |
| 2020-12-31 | Nkr425.30 Million ≈ $44.75 Million |
-2.32% |
| 2019-12-31 | Nkr435.40 Million ≈ $45.82 Million |
-4.41% |
| 2018-12-31 | Nkr455.50 Million ≈ $47.93 Million |
-28.45% |
| 2017-12-31 | Nkr636.60 Million ≈ $66.99 Million |
-23.93% |
| 2016-12-31 | Nkr836.90 Million ≈ $88.07 Million |
-7.61% |
| 2015-12-31 | Nkr905.80 Million ≈ $95.32 Million |
+11.92% |
| 2014-12-31 | Nkr809.30 Million ≈ $85.16 Million |
+51.84% |
| 2013-12-31 | Nkr533.00 Million ≈ $56.09 Million |
+122.55% |
| 2012-12-31 | Nkr239.50 Million ≈ $25.20 Million |
+44.16% |
| 2011-12-31 | Nkr166.14 Million ≈ $17.48 Million |
+2.36% |
| 2010-12-31 | Nkr162.30 Million ≈ $17.08 Million |
+14.46% |
| 2009-12-31 | Nkr141.80 Million ≈ $14.92 Million |
+23.09% |
| 2008-12-31 | Nkr115.20 Million ≈ $12.12 Million |
+2.15% |
| 2007-12-31 | Nkr112.78 Million ≈ $11.87 Million |
+24.86% |
| 2006-12-31 | Nkr90.33 Million ≈ $9.50 Million |
+87.13% |
| 2005-12-31 | Nkr48.27 Million ≈ $5.08 Million |
+4.16% |
| 2004-12-31 | Nkr46.34 Million ≈ $4.88 Million |
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About Otello Corporation ASA
Otello Corporation ASA, through its subsidiary, provides mobile solutions and platforms for digital payments, customer engagement, microfinance, and digital services in Norway. It provides Apps Club subscription service to mobile carriers and smartphone OEMs. The company was formerly known as Opera Software ASA and changed its name to Otello Corporation ASA in January 2018. Otello Corporation ASA… Read more