LAUVLAND OPTIKK AS

4836 ARENDAL

Finances

Return on Equity

52,29 %

Current Ratio

2,31

Debt-to-Equity Ratio

1,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 479 000	5 301 000	5 459 000	5 895 000
Net Income	320 000	530 000	1 016 000	145 000
Total Assets	2 730 000	3 046 000	3 643 000	2 857 000
Total Equity	612 000	591 000	561 000	415 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 479 000	5 301 000	5 459 000	5 895 000
Expenditure	5 034 000	4 586 000	4 108 000	5 658 000
Operating Profit	446 000	715 000	1 351 000	237 000
Financial Income	22 000	18 000	12 000	13 000
Financial Costs	58 000	52 000	57 000	61 000
Financial Balance	−36 000	−34 000	−45 000	−48 000
Earnings Before Tax	410 000	682 000	1 306 000	189 000
Tax	90 000	151 000	290 000	44 000
Net Income	320 000	530 000	1 016 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	213 000	256 000	334 000	423 000
Total Current Assets	2 517 000	2 790 000	3 309 000	2 434 000
Total Assets	2 730 000	3 046 000	3 643 000	2 857 000
Total Retained Equity	381 000	360 000	330 000	184 000
Total Equity	612 000	591 000	561 000	415 000
Total Long-Term Debt	1 029 000	1 157 000	1 286 000	1 339 000
Total Current Debt	1 090 000	1 298 000	1 796 000	1 103 000
Total Equity and Debt	2 730 000	3 046 000	3 643 000	2 857 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 479 000	5 301 000	5 341 000	5 895 000
Other Income	0	0	118 000	0
Revenue	5 479 000	5 301 000	5 459 000	5 895 000
Cost of Goods Sold	1 548 000	1 362 000	1 401 000	1 683 000
Salary Costs	2 005 000	1 857 000	1 389 000	2 244 000
Depreciation	64 000	74 000	96 000	203 000
Impairment	0	0	0	0
Expenditure	5 034 000	4 586 000	4 108 000	5 658 000
Operating Profit	446 000	715 000	1 351 000	237 000
Financial Income	22 000	18 000	12 000	13 000
Financial Costs	58 000	52 000	57 000	61 000
Financial Balance	−36 000	−34 000	−45 000	−48 000
Dividends	300 000	500 000	870 000	175 000
Net Income	320 000	530 000	1 016 000	145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	34 000	39 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	176 000	212 000	285 000	381 000
Total Tangible Assets	176 000	212 000	285 000	381 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	213 000	256 000	334 000	423 000
Stock	1 242 000	995 000	802 000	757 000
Total Investments	0	0	0	0
Cash, Bank	847 000	1 202 000	1 715 000	549 000
Total Current Assets	2 517 000	2 790 000	3 309 000	2 434 000
Total Assets	2 730 000	3 046 000	3 643 000	2 857 000
Total Equity	612 000	591 000	561 000	415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 029 000	1 157 000	1 286 000	1 339 000
Creditors	162 000	174 000	234 000	341 000
Unpaid Taxes	312 000	274 000	263 000	312 000
Dividends	300 000	500 000	870 000	175 000
Other Current Debt	234 000	203 000	133 000	219 000
Total Current Debt	1 090 000	1 298 000	1 796 000	1 103 000
Total Equity and Debt	2 730 000	3 046 000	3 643 000	2 857 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,29 %	89,68 %	181,11 %	34,94 %
Debt-to-Equity Ratio	1,68	1,96	2,29	3,23
Operating Profit Margin	8,14 %	13,49 %	24,75 %	4,02 %
Current Ratio	2,31	2,15	1,84	2,21
Quick Ratio	−16,56	9,21	3,33	7,03
Equity Ratio	0,22	0,19	0,15	0,15
Gross Profit Margin	71,75 %	74,31 %	74,34 %	71,45 %