OPTRONICS TECHNOLOGY AS

0667 OSLO

Finances

Share Ownership

Return on Equity

−142,63 %

Current Ratio

4,82

Debt-to-Equity Ratio

4,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 384 000	15 582 000	4 724 000	2 193 000
Net Income	−27 983 000	−19 156 000	−7 491 000	−1 563 000
Total Assets	116 252 000	86 451 000	51 729 000	24 635 000
Total Equity	19 619 000	−2 397 000	−3 241 000	3 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 384 000	15 582 000	4 724 000	2 193 000
Expenditure	66 314 000	29 300 000	11 303 000	3 746 000
Operating Profit	−21 930 000	−13 717 000	−6 580 000	−1 552 000
Financial Income	1 939 000	347 000	121 000	7 000
Financial Costs	7 992 000	5 785 000	1 033 000	18 000
Financial Balance	−6 053 000	−5 438 000	−912 000	−11 000
Earnings Before Tax	−27 983 000	−19 156 000	−7 491 000	−1 563 000
Tax	0	0	0	0
Net Income	−27 983 000	−19 156 000	−7 491 000	−1 563 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 885 000	44 995 000	30 705 000	15 867 000
Total Current Assets	63 368 000	41 455 000	21 024 000	8 767 000
Total Assets	116 252 000	86 451 000	51 729 000	24 635 000
Total Retained Equity	−10 530 000	−31 097 000	−11 941 000	−2 387 000
Total Equity	19 619 000	−2 397 000	−3 241 000	3 318 000
Total Long-Term Debt	83 491 000	74 747 000	44 712 000	15 510 000
Total Current Debt	13 142 000	14 101 000	10 258 000	5 806 000
Total Equity and Debt	116 252 000	86 451 000	51 729 000	24 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 384 000	15 548 000	4 724 000	2 193 000
Other Income	0	35 000	0	0
Revenue	44 384 000	15 582 000	4 724 000	2 193 000
Cost of Goods Sold	29 791 000	11 382 000	488 000	151 000
Salary Costs	19 453 000	7 591 000	5 457 000	1 770 000
Depreciation	7 243 000	4 120 000	711 000	227 000
Impairment	0	0	0	0
Expenditure	66 314 000	29 300 000	11 303 000	3 746 000
Operating Profit	−21 930 000	−13 717 000	−6 580 000	−1 552 000
Financial Income	1 939 000	347 000	121 000	7 000
Financial Costs	7 992 000	5 785 000	1 033 000	18 000
Financial Balance	−6 053 000	−5 438 000	−912 000	−11 000
Dividends	0	0	0	0
Net Income	−27 983 000	−19 156 000	−7 491 000	−1 563 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 284 000	40 670 000	27 232 000	15 005 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 601 000	4 326 000	3 473 000	863 000
Total Tangible Assets	5 601 000	4 326 000	3 473 000	863 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	52 885 000	44 995 000	30 705 000	15 867 000
Stock	41 332 000	19 549 000	9 194 000	368 000
Total Investments	0	0	0	0
Cash, Bank	12 768 000	9 200 000	4 039 000	1 644 000
Total Current Assets	63 368 000	41 455 000	21 024 000	8 767 000
Total Assets	116 252 000	86 451 000	51 729 000	24 635 000
Total Equity	19 619 000	−2 397 000	−3 241 000	3 318 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	83 491 000	74 747 000	44 712 000	15 510 000
Creditors	8 344 000	10 669 000	6 910 000	2 122 000
Unpaid Taxes	1 636 000	1 159 000	857 000	502 000
Dividends	0	0	0	0
Other Current Debt	3 162 000	2 273 000	2 491 000	3 182 000
Total Current Debt	13 142 000	14 101 000	10 258 000	5 806 000
Total Equity and Debt	116 252 000	86 451 000	51 729 000	24 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−142,63 %	799,17 %	231,13 %	−47,11 %
Debt-to-Equity Ratio	4,26	−31,18	−13,8	4,67
Operating Profit Margin	−49,41 %	−88,03 %	−139,29 %	−70,77 %
Current Ratio	4,82	2,94	2,05	1,51
Quick Ratio	−2,25	−7,61	19,76	1,61
Equity Ratio	0,17	−0,03	−0,06	0,13
Gross Profit Margin	32,88 %	26,95 %	89,67 %	93,11 %