ERØY OPTIKK AS

4638 KRISTIANSAND S

Finances

Return on Equity

50,13 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 676 000	3 449 000	2 930 000	2 603 000
Net Income	374 000	190 000	277 000	242 000
Total Assets	1 951 000	1 848 000	1 248 000	1 315 000
Total Equity	746 000	372 000	682 000	405 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 676 000	3 449 000	2 930 000	2 603 000
Expenditure	3 255 000	3 264 000	2 661 000	2 367 000
Operating Profit	420 000	185 000	269 000	236 000
Financial Income	22 000	15 000	11 000	12 000
Financial Costs	22 000	10 000	3 000	6 000
Financial Balance	0	5 000	8 000	6 000
Earnings Before Tax	420 000	190 000	277 000	242 000
Tax	46 000	0	0	0
Net Income	374 000	190 000	277 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	709 000	824 000	222 000	328 000
Total Current Assets	1 242 000	1 024 000	1 026 000	987 000
Total Assets	1 951 000	1 848 000	1 248 000	1 315 000
Total Retained Equity	583 000	210 000	520 000	242 000
Total Equity	746 000	372 000	682 000	405 000
Total Long-Term Debt	547 000	620 000	0	0
Total Current Debt	659 000	856 000	565 000	910 000
Total Equity and Debt	1 951 000	1 848 000	1 248 000	1 315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 533 000	3 327 000	2 906 000	2 603 000
Other Income	143 000	121 000	24 000	0
Revenue	3 676 000	3 449 000	2 930 000	2 603 000
Cost of Goods Sold	898 000	898 000	716 000	607 000
Salary Costs	1 380 000	1 292 000	952 000	831 000
Depreciation	171 000	173 000	106 000	106 000
Impairment	0	0	0	0
Expenditure	3 255 000	3 264 000	2 661 000	2 367 000
Operating Profit	420 000	185 000	269 000	236 000
Financial Income	22 000	15 000	11 000	12 000
Financial Costs	22 000	10 000	3 000	6 000
Financial Balance	0	5 000	8 000	6 000
Dividends	0	500 000	0	0
Net Income	374 000	190 000	277 000	242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	25 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	699 000	814 000	187 000	275 000
Total Tangible Assets	699 000	814 000	187 000	275 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	709 000	824 000	222 000	328 000
Stock	714 000	674 000	667 000	635 000
Total Investments	0	0	0	0
Cash, Bank	358 000	237 000	294 000	292 000
Total Current Assets	1 242 000	1 024 000	1 026 000	987 000
Total Assets	1 951 000	1 848 000	1 248 000	1 315 000
Total Equity	746 000	372 000	682 000	405 000
Short-Term Group Debt	180 000	0	307 000	707 000
Total Long-Term Debt	547 000	620 000	0	0
Creditors	114 000	15 000	14 000	7 000
Unpaid Taxes	187 000	204 000	140 000	108 000
Dividends	0	500 000	0	0
Other Current Debt	141 000	137 000	104 000	88 000
Total Current Debt	659 000	856 000	565 000	910 000
Total Equity and Debt	1 951 000	1 848 000	1 248 000	1 315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,13 %	51,08 %	40,62 %	59,75 %
Debt-to-Equity Ratio	0,73	1,67	0	0
Operating Profit Margin	11,43 %	5,36 %	9,18 %	9,07 %
Current Ratio	1,88	1,2	1,82	1,08
Quick Ratio	−22,58	5,63	−10,06	3,59
Equity Ratio	0,38	0,2	0,55	0,31
Gross Profit Margin	75,57 %	73,96 %	75,56 %	76,68 %