HORDALAND OPTOMETRIE OG KONTAKTLINSEINSTITUTT AS

5700 VOSS

Finances

Share Ownership

Return on Equity

47,52 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 165 000	8 455 000	7 701 000	7 284 000
Net Income	1 339 000	2 191 000	1 717 000	1 658 000
Total Assets	5 685 000	5 659 000	5 679 000	6 280 000
Total Equity	2 818 000	2 805 000	1 935 000	2 560 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 165 000	8 455 000	7 701 000	7 284 000
Expenditure	6 372 000	5 628 000	5 551 000	5 208 000
Operating Profit	1 793 000	2 829 000	2 150 000	2 075 000
Financial Income	22 000	7 000	26 000	44 000
Financial Costs	1 000	2 000	1 000	2 000
Financial Balance	21 000	5 000	25 000	42 000
Earnings Before Tax	1 814 000	2 834 000	2 176 000	2 118 000
Tax	475 000	642 000	459 000	459 000
Net Income	1 339 000	2 191 000	1 717 000	1 658 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 000	158 000	196 000	201 000
Total Current Assets	5 565 000	5 501 000	5 484 000	6 079 000
Total Assets	5 685 000	5 659 000	5 679 000	6 280 000
Total Retained Equity	2 718 000	2 705 000	1 835 000	2 460 000
Total Equity	2 818 000	2 805 000	1 935 000	2 560 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 867 000	2 854 000	3 744 000	3 720 000
Total Equity and Debt	5 685 000	5 659 000	5 679 000	6 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 165 000	8 455 000	7 670 000	7 284 000
Other Income	0	0	31 000	0
Revenue	8 165 000	8 455 000	7 701 000	7 284 000
Cost of Goods Sold	2 123 000	1 783 000	2 124 000	1 638 000
Salary Costs	2 392 000	2 339 000	2 021 000	2 241 000
Depreciation	38 000	38 000	39 000	35 000
Impairment	0	0	0	0
Expenditure	6 372 000	5 628 000	5 551 000	5 208 000
Operating Profit	1 793 000	2 829 000	2 150 000	2 075 000
Financial Income	22 000	7 000	26 000	44 000
Financial Costs	1 000	2 000	1 000	2 000
Financial Balance	21 000	5 000	25 000	42 000
Dividends	1 000 000	1 000 000	1 800 000	1 000 000
Net Income	1 339 000	2 191 000	1 717 000	1 658 000

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	120 000	158 000	196 000	201 000
Total Tangible Assets	120 000	158 000	196 000	201 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 000	158 000	196 000	201 000
Stock	673 000	579 000	323 000	624 000
Total Investments	0	0	0	0
Cash, Bank	4 247 000	3 198 000	4 432 000	4 757 000
Total Current Assets	5 565 000	5 501 000	5 484 000	6 079 000
Total Assets	5 685 000	5 659 000	5 679 000	6 280 000
Total Equity	2 818 000	2 805 000	1 935 000	2 560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	404 000	174 000	401 000	227 000
Unpaid Taxes	318 000	420 000	292 000	297 000
Dividends	1 000 000	1 000 000	1 800 000	1 000 000
Other Current Debt	762 000	708 000	944 000	1 782 000
Total Current Debt	2 867 000	2 854 000	3 744 000	3 720 000
Total Equity and Debt	5 685 000	5 659 000	5 679 000	6 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,52 %	78,11 %	88,73 %	64,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,96 %	33,46 %	27,92 %	28,49 %
Current Ratio	1,94	1,93	1,46	1,63
Quick Ratio	2,54	2,42	1,6	1,96
Equity Ratio	0,5	0,5	0,34	0,41
Gross Profit Margin	74 %	78,91 %	72,42 %	77,51 %