OLSRØD OPTIKK AS

3154 TOLVSRØD

Finances

Return on Equity

30 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 845 000	8 505 000	7 196 000	7 278 000
Net Income	387 000	830 000	579 000	480 000
Total Assets	2 931 000	2 644 000	3 300 000	3 208 000
Total Equity	1 290 000	1 239 000	1 409 000	1 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 845 000	8 505 000	7 196 000	7 278 000
Expenditure	7 368 000	7 448 000	6 452 000	6 658 000
Operating Profit	477 000	1 058 000	744 000	620 000
Financial Income	21 000	15 000	12 000	12 000
Financial Costs	7 000	12 000	16 000	20 000
Financial Balance	14 000	3 000	−4 000	−8 000
Earnings Before Tax	491 000	1 060 000	740 000	613 000
Tax	104 000	230 000	160 000	132 000
Net Income	387 000	830 000	579 000	480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	312 000	424 000	562 000
Total Current Assets	2 806 000	2 331 000	2 875 000	2 646 000
Total Assets	2 931 000	2 644 000	3 300 000	3 208 000
Total Retained Equity	1 089 000	1 039 000	1 209 000	1 159 000
Total Equity	1 290 000	1 239 000	1 409 000	1 360 000
Total Long-Term Debt	0	80 000	160 000	220 000
Total Current Debt	1 642 000	1 325 000	1 731 000	1 628 000
Total Equity and Debt	2 931 000	2 644 000	3 300 000	3 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 777 000	8 417 000	7 064 000	7 246 000
Other Income	68 000	88 000	133 000	32 000
Revenue	7 845 000	8 505 000	7 196 000	7 278 000
Cost of Goods Sold	2 249 000	2 457 000	2 229 000	2 086 000
Salary Costs	3 329 000	3 027 000	2 867 000	3 261 000
Depreciation	153 000	218 000	213 000	210 000
Impairment	0	0	0	0
Expenditure	7 368 000	7 448 000	6 452 000	6 658 000
Operating Profit	477 000	1 058 000	744 000	620 000
Financial Income	21 000	15 000	12 000	12 000
Financial Costs	7 000	12 000	16 000	20 000
Financial Balance	14 000	3 000	−4 000	−8 000
Dividends	337 000	0	530 000	0
Net Income	387 000	830 000	579 000	480 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	43 000	18 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	56 000	209 000	396 000	552 000
Total Tangible Assets	56 000	209 000	396 000	552 000
Total Fiancial Fixed Assets	10 000	60 000	10 000	10 000
Total Fixed Assets	125 000	312 000	424 000	562 000
Stock	898 000	845 000	764 000	798 000
Total Investments	0	0	0	0
Cash, Bank	1 562 000	1 112 000	1 795 000	1 458 000
Total Current Assets	2 806 000	2 331 000	2 875 000	2 646 000
Total Assets	2 931 000	2 644 000	3 300 000	3 208 000
Total Equity	1 290 000	1 239 000	1 409 000	1 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	80 000	160 000	220 000
Creditors	233 000	175 000	218 000	190 000
Unpaid Taxes	593 000	559 000	543 000	575 000
Dividends	337 000	0	530 000	0
Other Current Debt	360 000	336 000	261 000	287 000
Total Current Debt	1 642 000	1 325 000	1 731 000	1 628 000
Total Equity and Debt	2 931 000	2 644 000	3 300 000	3 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30 %	66,99 %	41,09 %	35,29 %
Debt-to-Equity Ratio	0	0,06	0,11	0,16
Operating Profit Margin	6,08 %	12,44 %	10,34 %	8,52 %
Current Ratio	1,71	1,76	1,66	1,63
Quick Ratio	3,77	4,86	2,97	3,19
Equity Ratio	0,44	0,47	0,43	0,42
Gross Profit Margin	71,33 %	71,11 %	69,02 %	71,34 %