ARENDAL SPECSAVERS AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

−20,52 %

Current Ratio

0,99

Debt-to-Equity Ratio

2,11

Key figures (NOK)	2023	2022	2021	2020
Revenue	12 188 000	10 873 000	8 671 000	7 476 000
Net Income	−127 000	378 000	132 000	−668 000
Total Assets	4 260 000	2 854 000	2 007 000	1 786 000
Total Equity	619 000	747 000	369 000	237 000

Income (NOK)	2023	2022	2021	2020
Revenue	12 188 000	10 873 000	8 671 000	7 476 000
Expenditure	12 274 000	10 494 000	8 544 000	8 141 000
Operating Profit	−86 000	379 000	127 000	−665 000
Financial Income	0	6 000	1 000	1 000
Financial Costs	41 000	7 000	9 000	4 000
Financial Balance	−41 000	−1 000	−8 000	−3 000
Earnings Before Tax	−127 000	378 000	119 000	−668 000
Tax	0	0	−12 000	0
Net Income	−127 000	378 000	132 000	−668 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	1 959 000	34 000	56 000	28 000
Total Current Assets	2 300 000	2 820 000	1 951 000	1 757 000
Total Assets	4 260 000	2 854 000	2 007 000	1 786 000
Total Retained Equity	589 000	716 000	338 000	207 000
Total Equity	619 000	747 000	369 000	237 000
Total Long-Term Debt	1 305 000	246 000	246 000	246 000
Total Current Debt	2 335 000	1 861 000	1 392 000	1 303 000
Total Equity and Debt	4 260 000	2 854 000	2 007 000	1 786 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	12 188 000	10 873 000	8 664 000	7 476 000
Other Income	0	0	7 000	0
Revenue	12 188 000	10 873 000	8 671 000	7 476 000
Cost of Goods Sold	4 091 000	3 747 000	2 950 000	2 588 000
Salary Costs	3 864 000	3 125 000	2 638 000	2 424 000
Depreciation	101 000	22 000	28 000	351 000
Impairment	0	0	0	0
Expenditure	12 274 000	10 494 000	8 544 000	8 141 000
Operating Profit	−86 000	379 000	127 000	−665 000
Financial Income	0	6 000	1 000	1 000
Financial Costs	41 000	7 000	9 000	4 000
Financial Balance	−41 000	−1 000	−8 000	−3 000
Dividends	0	0	0	0
Net Income	−127 000	378 000	132 000	−668 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 959 000	34 000	56 000	28 000
Total Tangible Assets	1 959 000	34 000	56 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 959 000	34 000	56 000	28 000
Stock	334 000	357 000	349 000	343 000
Total Investments	0	0	0	0
Cash, Bank	1 743 000	2 249 000	1 213 000	1 352 000
Total Current Assets	2 300 000	2 820 000	1 951 000	1 757 000
Total Assets	4 260 000	2 854 000	2 007 000	1 786 000
Total Equity	619 000	747 000	369 000	237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 305 000	246 000	246 000	246 000
Creditors	1 222 000	727 000	586 000	520 000
Unpaid Taxes	263 000	365 000	335 000	192 000
Dividends	0	0	0	0
Other Current Debt	851 000	769 000	471 000	332 000
Total Current Debt	2 335 000	1 861 000	1 392 000	1 303 000
Total Equity and Debt	4 260 000	2 854 000	2 007 000	1 786 000

Financial indicators	2023	2022	2021	2020
Return on Equity	−20,52 %	50,6 %	35,77 %	−281,86 %
Debt-to-Equity Ratio	2,11	0,33	0,67	1,04
Operating Profit Margin	−0,71 %	3,49 %	1,46 %	−8,9 %
Current Ratio	0,99	1,52	1,4	1,35
Quick Ratio	1,15	1,88	1,87	1,83
Equity Ratio	0,15	0,26	0,18	0,13
Gross Profit Margin	66,43 %	65,54 %	65,98 %	65,38 %