Otovo AS (OTOVO) - Total Liabilities
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. Also explore net asset momentum of Otovo AS to track the company's year-over-year net asset growth rate.
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.
Otovo AS Competitors by Total Liabilities
The table below lists competitors of Otovo AS ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ernst Russ AG
XETRA:HXCK
|
Germany | €44.93 Million |
|
Richmond Mutual Bancorporation Inc
NASDAQ:RMBI
|
USA | $1.37 Billion |
|
Entrada Therapeutics Inc
NASDAQ:TRDA
|
USA | $72.18 Million |
|
Groupe Pizzorno Environnement SA
PA:GPE
|
France | €257.87 Million |
|
GDI Property Group
AU:GDI
|
Australia | AU$425.93 Million |
|
Naturgy BAN SA
BA:GBAN
|
Argentina | AR$197.08 Billion |
|
Virginia National Bankshares Corp
NASDAQ:VABK
|
USA | $1.46 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 market cap overview.
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 |
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About Otovo AS
Otovo ASA, together with its subsidiaries, operates an online marketplace for solar installations in Norway. It operates through two segments, Marketplace and Subscription SPV. The company develops and manages an online sales platform, which provides subscription for solar panel installations and related products for private households. It operates in Europe, Norway, Sweden, Poland, Italy, German… Read more