STØRSETH OPTIKK AS

7300 ORKANGER

Finances

Return on Equity

0,6 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 285 000	3 163 000	3 050 000	3 120 000
Net Income	2 000	−36 000	143 000	66 000
Total Assets	892 000	731 000	846 000	946 000
Total Equity	335 000	333 000	369 000	226 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 285 000	3 163 000	3 050 000	3 120 000
Expenditure	3 299 000	3 218 000	2 858 000	3 013 000
Operating Profit	−15 000	−55 000	192 000	108 000
Financial Income	24 000	18 000	14 000	15 000
Financial Costs	12 000	13 000	26 000	40 000
Financial Balance	12 000	5 000	−12 000	−25 000
Earnings Before Tax	−4 000	−50 000	181 000	82 000
Tax	−5 000	−14 000	37 000	16 000
Net Income	2 000	−36 000	143 000	66 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	152 000	153 000	262 000
Total Current Assets	750 000	579 000	693 000	684 000
Total Assets	892 000	731 000	846 000	946 000
Total Retained Equity	235 000	233 000	269 000	126 000
Total Equity	335 000	333 000	369 000	226 000
Total Long-Term Debt	0	46 000	180 000	237 000
Total Current Debt	557 000	352 000	297 000	484 000
Total Equity and Debt	892 000	731 000	846 000	946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 123 000	3 001 000	2 842 000	2 968 000
Other Income	162 000	162 000	208 000	152 000
Revenue	3 285 000	3 163 000	3 050 000	3 120 000
Cost of Goods Sold	796 000	773 000	707 000	767 000
Salary Costs	1 665 000	1 598 000	1 367 000	1 436 000
Depreciation	15 000	15 000	72 000	94 000
Impairment	0	0	0	0
Expenditure	3 299 000	3 218 000	2 858 000	3 013 000
Operating Profit	−15 000	−55 000	192 000	108 000
Financial Income	24 000	18 000	14 000	15 000
Financial Costs	12 000	13 000	26 000	40 000
Financial Balance	12 000	5 000	−12 000	−25 000
Dividends	0	0	0	0
Net Income	2 000	−36 000	143 000	66 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	62 000	48 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	64 000	80 000	95 000	156 000
Fixtures	0	0	0	11 000
Total Tangible Assets	64 000	80 000	95 000	167 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	142 000	152 000	153 000	262 000
Stock	480 000	455 000	467 000	460 000
Total Investments	0	0	0	0
Cash, Bank	59 000	57 000	179 000	68 000
Total Current Assets	750 000	579 000	693 000	684 000
Total Assets	892 000	731 000	846 000	946 000
Total Equity	335 000	333 000	369 000	226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	46 000	180 000	237 000
Creditors	78 000	0	−2 000	15 000
Unpaid Taxes	160 000	158 000	173 000	187 000
Dividends	0	0	0	0
Other Current Debt	319 000	194 000	126 000	124 000
Total Current Debt	557 000	352 000	297 000	484 000
Total Equity and Debt	892 000	731 000	846 000	946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,6 %	−10,81 %	38,75 %	29,2 %
Debt-to-Equity Ratio	0	0,14	0,49	1,05
Operating Profit Margin	−0,46 %	−1,74 %	6,3 %	3,46 %
Current Ratio	1,35	1,64	2,33	1,41
Quick Ratio	9,74	−5,62	−4,08	28,5
Equity Ratio	0,38	0,46	0,44	0,24
Gross Profit Margin	75,77 %	75,56 %	76,82 %	75,42 %