FREDRIKSTAD SPECSAVERS AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

41,83 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	14 125 000	13 111 000	10 818 000	10 853 000
Net Income	845 000	893 000	923 000	680 000
Total Assets	4 406 000	3 554 000	3 495 000	3 150 000
Total Equity	2 020 000	1 176 000	1 676 000	1 245 000

Income (NOK)	2023	2022	2021	2020
Revenue	14 125 000	13 111 000	10 818 000	10 853 000
Expenditure	13 039 000	11 963 000	9 627 000	9 994 000
Operating Profit	1 087 000	1 147 000	1 190 000	858 000
Financial Income	0	0	1 000	4 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	−1 000	0	−2 000	3 000
Earnings Before Tax	1 086 000	1 147 000	1 188 000	862 000
Tax	241 000	254 000	265 000	181 000
Net Income	845 000	893 000	923 000	680 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	315 000	421 000	212 000	223 000
Total Current Assets	4 090 000	3 132 000	3 283 000	2 927 000
Total Assets	4 406 000	3 554 000	3 495 000	3 150 000
Total Retained Equity	2 000 000	1 156 000	1 656 000	1 225 000
Total Equity	2 020 000	1 176 000	1 676 000	1 245 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 385 000	2 378 000	1 819 000	1 904 000
Total Equity and Debt	4 406 000	3 554 000	3 495 000	3 150 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	14 125 000	13 111 000	10 766 000	10 824 000
Other Income	0	0	51 000	28 000
Revenue	14 125 000	13 111 000	10 818 000	10 853 000
Cost of Goods Sold	4 500 000	4 234 000	3 313 000	3 208 000
Salary Costs	4 088 000	3 731 000	3 162 000	3 454 000
Depreciation	119 000	70 000	73 000	51 000
Impairment	0	0	0	0
Expenditure	13 039 000	11 963 000	9 627 000	9 994 000
Operating Profit	1 087 000	1 147 000	1 190 000	858 000
Financial Income	0	0	1 000	4 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	−1 000	0	−2 000	3 000
Dividends	0	1 393 000	492 000	0
Net Income	845 000	893 000	923 000	680 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	22 000	10 000	18 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	293 000	412 000	194 000	203 000
Total Tangible Assets	293 000	412 000	194 000	203 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	315 000	421 000	212 000	223 000
Stock	331 000	297 000	324 000	336 000
Total Investments	0	0	0	0
Cash, Bank	3 390 000	2 480 000	2 644 000	2 414 000
Total Current Assets	4 090 000	3 132 000	3 283 000	2 927 000
Total Assets	4 406 000	3 554 000	3 495 000	3 150 000
Total Equity	2 020 000	1 176 000	1 676 000	1 245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 056 000	395 000	713 000	662 000
Unpaid Taxes	377 000	344 000	295 000	348 000
Dividends	0	1 393 000	492 000	0
Other Current Debt	452 000	436 000	361 000	419 000
Total Current Debt	2 385 000	2 378 000	1 819 000	1 904 000
Total Equity and Debt	4 406 000	3 554 000	3 495 000	3 150 000

Financial indicators	2023	2022	2021	2020
Return on Equity	41,83 %	75,94 %	55,07 %	54,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,7 %	8,75 %	11 %	7,91 %
Current Ratio	1,71	1,32	1,8	1,54
Quick Ratio	1,99	1,51	2,2	1,87
Equity Ratio	0,46	0,33	0,48	0,4
Gross Profit Margin	68,14 %	67,71 %	69,38 %	70,44 %