Otovo AS Total Liabilities
Otovo AS 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. Check Otovo AS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Otovo AS (2017–2024)
Total liabilities of Otovo AS from 2017 to 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 |
|---|---|---|
|
Shanghai Sanmao Enterprise Group Co Ltd A
SHG:600689
|
China | CN¥499.24 Million |
|
Spring Valley Acquisition Corp. IV Class A Ordinary Shares
NASDAQ:SVIV
|
USA | $9.28 Million |
|
Nautilus Biotechnology Inc
NASDAQ:NAUT
|
USA | $32.46 Million |
|
New Best Wire Industrial Co Ltd
TWO:5013
|
Taiwan | NT$3.70 Billion |
|
Australian Strategic Materials Ltd
AU:ASM
|
Australia | AU$38.00 Million |
|
Biostar Microtech International Corp
TW:2399
|
Taiwan | NT$636.03 Million |
|
Petron Malaysia Refining Marketing
KLSE:3042
|
Malaysia | RM2.22 Billion |
|
ICBC Turkey Bank AS
IS:ICBCT
|
Turkey | TL93.98 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 complete balance sheet picture, see Otovo AS assets under control.
Liquidity & Leverage Metrics
Otovo AS Total Liabilities Ratios Explained
Otovo AS total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| 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
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