WENTZEL OPTIKK LANGEVÅG AS

6030 LANGEVÅG

Finances

Return on Equity

−141,38 %

Current Ratio

1,42

Debt-to-Equity Ratio

−4,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 289 000	2 611 000	2 139 000	1 990 000
Net Income	328 000	412 000	−133 000	−441 000
Total Assets	1 861 000	1 582 000	1 317 000	716 000
Total Equity	−232 000	−560 000	−972 000	−1 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 289 000	2 611 000	2 139 000	1 990 000
Expenditure	1 946 000	2 190 000	2 298 000	2 396 000
Operating Profit	342 000	421 000	−160 000	−406 000
Financial Income	0	15 000	80 000	12 000
Financial Costs	14 000	24 000	54 000	47 000
Financial Balance	−14 000	−9 000	26 000	−35 000
Earnings Before Tax	328 000	412 000	−133 000	−441 000
Tax	0	0	0	0
Net Income	328 000	412 000	−133 000	−441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	471 000	604 000	734 000	330 000
Total Current Assets	1 390 000	978 000	583 000	386 000
Total Assets	1 861 000	1 582 000	1 317 000	716 000
Total Retained Equity	−660 000	−988 000	−1 400 000	−1 266 000
Total Equity	−232 000	−560 000	−972 000	−1 076 000
Total Long-Term Debt	1 116 000	1 331 000	1 566 000	645 000
Total Current Debt	977 000	811 000	723 000	1 147 000
Total Equity and Debt	1 861 000	1 582 000	1 317 000	716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 234 000	2 611 000	2 128 000	1 908 000
Other Income	54 000	0	11 000	83 000
Revenue	2 289 000	2 611 000	2 139 000	1 990 000
Cost of Goods Sold	584 000	616 000	506 000	469 000
Salary Costs	801 000	914 000	1 119 000	1 175 000
Depreciation	133 000	130 000	99 000	96 000
Impairment	0	0	0	0
Expenditure	1 946 000	2 190 000	2 298 000	2 396 000
Operating Profit	342 000	421 000	−160 000	−406 000
Financial Income	0	15 000	80 000	12 000
Financial Costs	14 000	24 000	54 000	47 000
Financial Balance	−14 000	−9 000	26 000	−35 000
Dividends	0	0	0	0
Net Income	328 000	412 000	−133 000	−441 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	471 000	547 000	609 000	137 000
Fixtures	0	57 000	125 000	193 000
Total Tangible Assets	471 000	604 000	734 000	330 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	471 000	604 000	734 000	330 000
Stock	273 000	270 000	223 000	196 000
Total Investments	0	0	0	0
Cash, Bank	82 000	85 000	106 000	78 000
Total Current Assets	1 390 000	978 000	583 000	386 000
Total Assets	1 861 000	1 582 000	1 317 000	716 000
Total Equity	−232 000	−560 000	−972 000	−1 076 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 116 000	1 331 000	1 566 000	645 000
Creditors	405 000	355 000	448 000	653 000
Unpaid Taxes	170 000	287 000	122 000	174 000
Dividends	0	0	0	0
Other Current Debt	343 000	161 000	129 000	297 000
Total Current Debt	977 000	811 000	723 000	1 147 000
Total Equity and Debt	1 861 000	1 582 000	1 317 000	716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−141,38 %	−73,57 %	13,68 %	40,99 %
Debt-to-Equity Ratio	−4,81	−2,38	−1,61	−0,6
Operating Profit Margin	14,94 %	16,12 %	−7,48 %	−20,4 %
Current Ratio	1,42	1,21	0,81	0,34
Quick Ratio	1,97	1,81	1,17	0,41
Equity Ratio	−0,12	−0,35	−0,74	−1,5
Gross Profit Margin	74,49 %	76,41 %	76,34 %	76,43 %