FAGERNES OPTISKE AS

2900 FAGERNES

Finances

Share Ownership

Return on Equity

17,56 %

Current Ratio

4,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 932 000	5 699 000	5 476 000	5 254 000
Net Income	445 000	268 000	749 000	566 000
Total Assets	3 200 000	4 725 000	4 962 000	4 746 000
Total Equity	2 534 000	2 089 000	3 820 000	3 571 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 932 000	5 699 000	5 476 000	5 254 000
Expenditure	4 368 000	5 344 000	4 533 000	4 540 000
Operating Profit	564 000	356 000	943 000	714 000
Financial Income	3 000	1 000	6 000	17 000
Financial Costs	0	1 000	0	0
Financial Balance	3 000	0	6 000	17 000
Earnings Before Tax	567 000	356 000	949 000	731 000
Tax	122 000	88 000	200 000	165 000
Net Income	445 000	268 000	749 000	566 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	68 000	115 000	87 000
Total Current Assets	3 160 000	4 657 000	4 847 000	4 659 000
Total Assets	3 200 000	4 725 000	4 962 000	4 746 000
Total Retained Equity	2 234 000	1 789 000	3 720 000	3 471 000
Total Equity	2 534 000	2 089 000	3 820 000	3 571 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	666 000	2 636 000	1 141 000	1 175 000
Total Equity and Debt	3 200 000	4 725 000	4 962 000	4 746 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 062 000	4 593 000	4 431 000	4 403 000
Other Income	870 000	1 106 000	1 045 000	850 000
Revenue	4 932 000	5 699 000	5 476 000	5 254 000
Cost of Goods Sold	1 237 000	1 495 000	1 401 000	1 388 000
Salary Costs	2 012 000	2 593 000	2 088 000	2 238 000
Depreciation	28 000	47 000	43 000	51 000
Impairment	0	0	0	0
Expenditure	4 368 000	5 344 000	4 533 000	4 540 000
Operating Profit	564 000	356 000	943 000	714 000
Financial Income	3 000	1 000	6 000	17 000
Financial Costs	0	1 000	0	0
Financial Balance	3 000	0	6 000	17 000
Dividends	0	0	500 000	500 000
Net Income	445 000	268 000	749 000	566 000

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	0	0	0	0
Fixtures	40 000	68 000	115 000	87 000
Total Tangible Assets	40 000	68 000	115 000	87 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	68 000	115 000	87 000
Stock	1 224 000	1 157 000	1 308 000	1 324 000
Total Investments	0	0	0	0
Cash, Bank	1 851 000	3 365 000	3 400 000	3 166 000
Total Current Assets	3 160 000	4 657 000	4 847 000	4 659 000
Total Assets	3 200 000	4 725 000	4 962 000	4 746 000
Total Equity	2 534 000	2 089 000	3 820 000	3 571 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	109 000	35 000	9 000	23 000
Unpaid Taxes	224 000	261 000	229 000	267 000
Dividends	0	0	500 000	500 000
Other Current Debt	211 000	2 252 000	203 000	220 000
Total Current Debt	666 000	2 636 000	1 141 000	1 175 000
Total Equity and Debt	3 200 000	4 725 000	4 962 000	4 746 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,56 %	12,83 %	19,61 %	15,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,44 %	6,25 %	17,22 %	13,59 %
Current Ratio	4,74	1,77	4,25	3,97
Quick Ratio	−5,66	3,15	−29,02	−31,27
Equity Ratio	0,79	0,44	0,77	0,75
Gross Profit Margin	74,92 %	73,77 %	74,42 %	73,58 %