C) OPTIKK HARDANGER AS

5750 ODDA

Finances

Return on Equity

23,49 %

Current Ratio

5,87

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 901 000	3 052 000	2 794 000	2 858 000
Net Income	411 000	249 000	287 000	337 000
Total Assets	2 331 000	2 582 000	2 429 000	2 251 000
Total Equity	1 750 000	1 340 000	1 091 000	804 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 901 000	3 052 000	2 794 000	2 858 000
Expenditure	2 385 000	2 714 000	2 397 000	2 391 000
Operating Profit	517 000	338 000	398 000	467 000
Financial Income	25 000	17 000	12 000	12 000
Financial Costs	20 000	39 000	44 000	49 000
Financial Balance	5 000	−22 000	−32 000	−37 000
Earnings Before Tax	522 000	316 000	366 000	431 000
Tax	111 000	67 000	79 000	93 000
Net Income	411 000	249 000	287 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	443 000	509 000	485 000	625 000
Total Current Assets	1 889 000	2 073 000	1 944 000	1 627 000
Total Assets	2 331 000	2 582 000	2 429 000	2 251 000
Total Retained Equity	1 720 000	1 310 000	1 061 000	774 000
Total Equity	1 750 000	1 340 000	1 091 000	804 000
Total Long-Term Debt	259 000	874 000	975 000	830 000
Total Current Debt	322 000	369 000	363 000	617 000
Total Equity and Debt	2 331 000	2 582 000	2 429 000	2 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 586 000	3 052 000	2 782 000	2 858 000
Other Income	315 000	0	13 000	0
Revenue	2 901 000	3 052 000	2 794 000	2 858 000
Cost of Goods Sold	837 000	914 000	784 000	815 000
Salary Costs	898 000	1 147 000	990 000	917 000
Depreciation	67 000	138 000	140 000	140 000
Impairment	0	0	0	0
Expenditure	2 385 000	2 714 000	2 397 000	2 391 000
Operating Profit	517 000	338 000	398 000	467 000
Financial Income	25 000	17 000	12 000	12 000
Financial Costs	20 000	39 000	44 000	49 000
Financial Balance	5 000	−22 000	−32 000	−37 000
Dividends	0	0	0	0
Net Income	411 000	249 000	287 000	337 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	48 000	101 000
Total Intangible Assets	0	0	48 000	101 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	433 000	499 000	427 000	514 000
Total Tangible Assets	433 000	499 000	427 000	514 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	443 000	509 000	485 000	625 000
Stock	511 000	552 000	592 000	601 000
Total Investments	0	0	0	0
Cash, Bank	1 306 000	1 396 000	1 251 000	923 000
Total Current Assets	1 889 000	2 073 000	1 944 000	1 627 000
Total Assets	2 331 000	2 582 000	2 429 000	2 251 000
Total Equity	1 750 000	1 340 000	1 091 000	804 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	259 000	874 000	975 000	830 000
Creditors	0	4 000	12 000	13 000
Unpaid Taxes	73 000	150 000	135 000	158 000
Dividends	0	0	0	0
Other Current Debt	141 000	146 000	127 000	365 000
Total Current Debt	322 000	369 000	363 000	617 000
Total Equity and Debt	2 331 000	2 582 000	2 429 000	2 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,49 %	18,58 %	26,31 %	41,92 %
Debt-to-Equity Ratio	0,15	0,65	0,89	1,03
Operating Profit Margin	17,82 %	11,07 %	14,24 %	16,34 %
Current Ratio	5,87	5,62	5,36	2,64
Quick Ratio	−9,99	−11,33	−8,49	101,69
Equity Ratio	0,75	0,52	0,45	0,36
Gross Profit Margin	71,15 %	70,05 %	71,94 %	71,48 %