ALVER OPTIKK AS

5914 ISDALSTØ

Finances

Return on Equity

22,79 %

Current Ratio

3,07

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020
Revenue	3 403 000	3 437 000	1 377 000
Net Income	124 000	268 000	122 000
Total Assets	1 630 000	2 109 000	1 720 000
Total Equity	544 000	420 000	152 000

Income (NOK)	2022	2021	2020
Revenue	3 403 000	3 437 000	1 377 000
Expenditure	3 263 000	3 083 000	1 213 000
Operating Profit	140 000	354 000	164 000
Financial Income	24 000	16 000	0
Financial Costs	11 000	30 000	8 000
Financial Balance	13 000	−14 000	−8 000
Earnings Before Tax	154 000	340 000	157 000
Tax	30 000	72 000	35 000
Net Income	124 000	268 000	122 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	141 000	264 000	386 000
Total Current Assets	1 489 000	1 845 000	1 334 000
Total Assets	1 630 000	2 109 000	1 720 000
Total Retained Equity	514 000	390 000	122 000
Total Equity	544 000	420 000	152 000
Total Long-Term Debt	600 000	1 193 000	1 368 000
Total Current Debt	485 000	496 000	200 000
Total Equity and Debt	1 630 000	2 109 000	1 720 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 403 000	3 437 000	1 327 000
Other Income	0	0	50 000
Revenue	3 403 000	3 437 000	1 377 000
Cost of Goods Sold	949 000	924 000	259 000
Salary Costs	1 184 000	1 143 000	394 000
Depreciation	143 000	142 000	47 000
Impairment	0	0	0
Expenditure	3 263 000	3 083 000	1 213 000
Operating Profit	140 000	354 000	164 000
Financial Income	24 000	16 000	0
Financial Costs	11 000	30 000	8 000
Financial Balance	13 000	−14 000	−8 000
Dividends	0	0	0
Net Income	124 000	268 000	122 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	19 000	0	0
Real Eastate	17 000	19 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	94 000	235 000	376 000
Total Tangible Assets	111 000	254 000	376 000
Total Fiancial Fixed Assets	10 000	10 000	10 000
Total Fixed Assets	141 000	264 000	386 000
Stock	708 000	654 000	396 000
Total Investments	0	0	0
Cash, Bank	548 000	910 000	884 000
Total Current Assets	1 489 000	1 845 000	1 334 000
Total Assets	1 630 000	2 109 000	1 720 000
Total Equity	544 000	420 000	152 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	600 000	1 193 000	1 368 000
Creditors	171 000	165 000	11 000
Unpaid Taxes	134 000	115 000	117 000
Dividends	0	0	0
Other Current Debt	130 000	127 000	55 000
Total Current Debt	485 000	496 000	200 000
Total Equity and Debt	1 630 000	2 109 000	1 720 000

Financial indicators	2022	2021	2020
Return on Equity	22,79 %	63,81 %	80,26 %
Debt-to-Equity Ratio	1,1	2,84	9
Operating Profit Margin	4,11 %	10,3 %	11,91 %
Current Ratio	3,07	3,72	6,67
Quick Ratio	−6,68	−11,68	−6,81
Equity Ratio	0,33	0,2	0,09
Gross Profit Margin	72,11 %	73,12 %	81,19 %