HØYANGER OPTIKK AS

6993 HØYANGER

Finances

Share Ownership

Return on Equity

13,27 %

Current Ratio

2,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 410 000	2 580 000	2 345 000	2 277 000
Net Income	104 000	221 000	210 000	258 000
Total Assets	1 171 000	1 064 000	1 206 000	1 187 000
Total Equity	784 000	680 000	759 000	649 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 410 000	2 580 000	2 345 000	2 277 000
Expenditure	2 274 000	2 295 000	2 077 000	1 945 000
Operating Profit	137 000	285 000	269 000	331 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	137 000	285 000	269 000	331 000
Tax	32 000	65 000	59 000	73 000
Net Income	104 000	221 000	210 000	258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	75 000	106 000	52 000
Total Current Assets	1 091 000	989 000	1 100 000	1 135 000
Total Assets	1 171 000	1 064 000	1 206 000	1 187 000
Total Retained Equity	634 000	530 000	609 000	499 000
Total Equity	784 000	680 000	759 000	649 000
Total Long-Term Debt	0	0	2 000	4 000
Total Current Debt	387 000	384 000	445 000	534 000
Total Equity and Debt	1 171 000	1 064 000	1 206 000	1 187 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 371 000	2 538 000	2 371 000	2 295 000
Other Income	39 000	42 000	−26 000	−18 000
Revenue	2 410 000	2 580 000	2 345 000	2 277 000
Cost of Goods Sold	651 000	811 000	667 000	601 000
Salary Costs	1 143 000	1 024 000	924 000	972 000
Depreciation	33 000	31 000	31 000	14 000
Impairment	0	0	0	0
Expenditure	2 274 000	2 295 000	2 077 000	1 945 000
Operating Profit	137 000	285 000	269 000	331 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	300 000	100 000	150 000
Net Income	104 000	221 000	210 000	258 000

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	80 000	75 000	106 000	52 000
Total Tangible Assets	80 000	75 000	106 000	52 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	80 000	75 000	106 000	52 000
Stock	431 000	340 000	426 000	422 000
Total Investments	0	0	0	0
Cash, Bank	441 000	476 000	604 000	510 000
Total Current Assets	1 091 000	989 000	1 100 000	1 135 000
Total Assets	1 171 000	1 064 000	1 206 000	1 187 000
Total Equity	784 000	680 000	759 000	649 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	4 000
Creditors	80 000	90 000	88 000	80 000
Unpaid Taxes	166 000	138 000	109 000	141 000
Dividends	0	300 000	100 000	150 000
Other Current Debt	108 000	90 000	87 000	92 000
Total Current Debt	387 000	384 000	445 000	534 000
Total Equity and Debt	1 171 000	1 064 000	1 206 000	1 187 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,27 %	32,5 %	27,67 %	39,75 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	5,68 %	11,05 %	11,47 %	14,54 %
Current Ratio	2,82	2,58	2,47	2,13
Quick Ratio	−24,8	22,48	57,89	10,13
Equity Ratio	0,67	0,64	0,63	0,55
Gross Profit Margin	72,99 %	68,57 %	71,56 %	73,61 %