ÅRDAL OPTIKK AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

125,78 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 640 000	7 943 000	7 620 000	7 332 000
Net Income	1 888 000	1 562 000	2 105 000	1 666 000
Total Assets	5 665 000	4 138 000	4 767 000	4 558 000
Total Equity	1 501 000	1 485 000	1 405 000	1 250 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 640 000	7 943 000	7 620 000	7 332 000
Expenditure	6 232 000	5 935 000	4 916 000	5 167 000
Operating Profit	2 407 000	2 008 000	2 704 000	2 165 000
Financial Income	26 000	8 000	18 000	22 000
Financial Costs	0	0	13 000	40 000
Financial Balance	26 000	8 000	5 000	−18 000
Earnings Before Tax	2 433 000	2 016 000	2 709 000	2 146 000
Tax	545 000	454 000	604 000	480 000
Net Income	1 888 000	1 562 000	2 105 000	1 666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 302 000	934 000	82 000	81 000
Total Current Assets	4 363 000	3 204 000	4 686 000	4 478 000
Total Assets	5 665 000	4 138 000	4 767 000	4 558 000
Total Retained Equity	1 301 000	1 285 000	1 205 000	1 050 000
Total Equity	1 501 000	1 485 000	1 405 000	1 250 000
Total Long-Term Debt	451 000	18 000	13 000	571 000
Total Current Debt	3 713 000	2 635 000	3 349 000	2 737 000
Total Equity and Debt	5 665 000	4 138 000	4 767 000	4 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 640 000	7 943 000	7 585 000	7 332 000
Other Income	0	0	35 000	0
Revenue	8 640 000	7 943 000	7 620 000	7 332 000
Cost of Goods Sold	2 027 000	2 048 000	1 907 000	1 859 000
Salary Costs	2 475 000	2 175 000	1 650 000	1 956 000
Depreciation	159 000	40 000	25 000	24 000
Impairment	0	0	0	0
Expenditure	6 232 000	5 935 000	4 916 000	5 167 000
Operating Profit	2 407 000	2 008 000	2 704 000	2 165 000
Financial Income	26 000	8 000	18 000	22 000
Financial Costs	0	0	13 000	40 000
Financial Balance	26 000	8 000	5 000	−18 000
Dividends	0	0	0	0
Net Income	1 888 000	1 562 000	2 105 000	1 666 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	20 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 302 000	934 000	62 000	57 000
Total Tangible Assets	1 302 000	934 000	62 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 302 000	934 000	82 000	81 000
Stock	561 000	588 000	613 000	546 000
Total Investments	0	0	0	0
Cash, Bank	3 553 000	2 404 000	3 876 000	3 876 000
Total Current Assets	4 363 000	3 204 000	4 686 000	4 478 000
Total Assets	5 665 000	4 138 000	4 767 000	4 558 000
Total Equity	1 501 000	1 485 000	1 405 000	1 250 000
Short-Term Group Debt	2 400 000	1 900 000	2 500 000	2 000 000
Total Long-Term Debt	451 000	18 000	13 000	571 000
Creditors	651 000	293 000	293 000	226 000
Unpaid Taxes	383 000	223 000	367 000	299 000
Dividends	0	0	0	0
Other Current Debt	277 000	208 000	139 000	176 000
Total Current Debt	3 713 000	2 635 000	3 349 000	2 737 000
Total Equity and Debt	5 665 000	4 138 000	4 767 000	4 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,78 %	105,19 %	149,82 %	133,28 %
Debt-to-Equity Ratio	0,3	0,01	0,01	0,46
Operating Profit Margin	27,86 %	25,28 %	35,49 %	29,53 %
Current Ratio	1,18	1,22	1,4	1,64
Quick Ratio	1,38	1,57	1,71	2,04
Equity Ratio	0,26	0,36	0,29	0,27
Gross Profit Margin	76,54 %	74,22 %	74,97 %	74,65 %