Otovo AS (OTOVO) - Total Liabilities

Latest as of June 2025: Nkr178.96 Million NOK ≈ $18.83 Million USD

Based on the latest financial reports, Otovo AS (OTOVO) has total liabilities worth Nkr178.96 Million NOK (≈ $18.83 Million USD) as of June 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Otovo AS operating cash flow efficiency to assess how effectively this company generates cash.

Otovo AS - Total Liabilities Trend (2017–2024)

This chart illustrates how Otovo AS's total liabilities have evolved over time, based on quarterly financial data. Check Otovo AS asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Otovo AS Competitors by Total Liabilities

The table below lists competitors of Otovo AS ranked by their total liabilities.

Company	Country	Total Liabilities
Nitco Limited NSE:NITCO	India	Rs6.85 Billion
Humacyte Inc NASDAQ:HUMA	USA	$113.26 Million
Ernst Russ AG XETRA:HXCK	Germany	€44.93 Million
Kg Chemical KO:001390	Korea	₩4.66 Trillion
Groupe Pizzorno Environnement SA PA:GPE	France	€257.87 Million
Becamex Infrastructure Development JSC VN:IJC	Vietnam	₫2.28 Trillion
Acadian Timber Corp TO:ADN	Canada	CA$272.06 Million
Topco Technologies TWO:3388	Taiwan	NT$1.92 Billion

Liability Composition Analysis (2017–2024)

This chart breaks down Otovo AS's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Otovo AS stock valuation.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.79	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	0.88	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	0.48	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.32	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Otovo AS's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Otovo AS (2017–2024)

The table below shows the annual total liabilities of Otovo AS from 2017 to 2024.

Year	Total Liabilities	Change
2024-12-31	Nkr615.66 Million ≈ $64.79 Million	+27.34%
2023-12-31	Nkr483.49 Million ≈ $50.88 Million	+19.15%
2022-12-31	Nkr405.77 Million ≈ $42.70 Million	+187.33%
2021-12-31	Nkr141.22 Million ≈ $14.86 Million	+65.07%
2020-12-31	Nkr85.55 Million ≈ $9.00 Million	-26.47%
2019-12-31	Nkr116.35 Million ≈ $12.24 Million	+241.63%
2018-12-31	Nkr34.06 Million ≈ $3.58 Million	+82.82%
2017-12-31	Nkr18.63 Million ≈ $1.96 Million	--

About Otovo AS

OL:OTOVO Norway Solar

Market Cap

$312.11 Million

Nkr2.97 Billion NOK

Market Cap Rank

#16055 Global

#127 in Norway

Share Price

Nkr10.60

Change (1 day)

+9.05%

52-Week Range

Nkr0.64 - Nkr16.40

All Time High

Nkr30.00