KROGH OPTIKK H.IVERSEN AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

345,3 %

Current Ratio

0,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 700 000	23 124 000	21 797 000	22 621 000
Net Income	1 982 000	2 433 000	2 772 000	3 253 000
Total Assets	6 503 000	6 160 000	7 211 000	7 044 000
Total Equity	574 000	572 000	569 000	557 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 700 000	23 124 000	21 797 000	22 621 000
Expenditure	21 156 000	20 005 000	18 243 000	18 449 000
Operating Profit	2 545 000	3 118 000	3 554 000	4 172 000
Financial Income	1 000	2 000	0	1 000
Financial Costs	5 000	1 000	1 000	1 000
Financial Balance	−4 000	1 000	−1 000	0
Earnings Before Tax	2 540 000	3 120 000	3 553 000	4 172 000
Tax	559 000	686 000	782 000	919 000
Net Income	1 982 000	2 433 000	2 772 000	3 253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 299 000	1 924 000	2 330 000	1 397 000
Total Current Assets	5 204 000	4 236 000	4 881 000	5 647 000
Total Assets	6 503 000	6 160 000	7 211 000	7 044 000
Total Retained Equity	374 000	372 000	369 000	357 000
Total Equity	574 000	572 000	569 000	557 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 929 000	5 588 000	6 643 000	6 487 000
Total Equity and Debt	6 503 000	6 160 000	7 211 000	7 044 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 693 000	23 116 000	21 616 000	22 621 000
Other Income	7 000	8 000	181 000	0
Revenue	23 700 000	23 124 000	21 797 000	22 621 000
Cost of Goods Sold	7 674 000	7 186 000	6 708 000	6 988 000
Salary Costs	7 334 000	6 996 000	6 012 000	6 187 000
Depreciation	702 000	704 000	592 000	461 000
Impairment	0	0	0	0
Expenditure	21 156 000	20 005 000	18 243 000	18 449 000
Operating Profit	2 545 000	3 118 000	3 554 000	4 172 000
Financial Income	1 000	2 000	0	1 000
Financial Costs	5 000	1 000	1 000	1 000
Financial Balance	−4 000	1 000	−1 000	0
Dividends	0	0	0	0
Net Income	1 982 000	2 433 000	2 772 000	3 253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	123 000	77 000	64 000	106 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 176 000	1 846 000	2 266 000	1 291 000
Total Tangible Assets	1 176 000	1 846 000	2 266 000	1 291 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 299 000	1 924 000	2 330 000	1 397 000
Stock	2 287 000	1 933 000	1 699 000	1 363 000
Total Investments	0	0	0	0
Cash, Bank	766 000	993 000	973 000	1 353 000
Total Current Assets	5 204 000	4 236 000	4 881 000	5 647 000
Total Assets	6 503 000	6 160 000	7 211 000	7 044 000
Total Equity	574 000	572 000	569 000	557 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 101 000	556 000	1 437 000	676 000
Unpaid Taxes	849 000	808 000	860 000	633 000
Dividends	0	0	0	0
Other Current Debt	3 374 000	3 525 000	3 605 000	4 269 000
Total Current Debt	5 929 000	5 588 000	6 643 000	6 487 000
Total Equity and Debt	6 503 000	6 160 000	7 211 000	7 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	345,3 %	425,35 %	487,17 %	584,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,74 %	13,48 %	16,3 %	18,44 %
Current Ratio	0,88	0,76	0,73	0,87
Quick Ratio	1,43	1,16	0,99	1,1
Equity Ratio	0,09	0,09	0,08	0,08
Gross Profit Margin	67,62 %	68,92 %	69,23 %	69,11 %