ROYAL OPTIKK AS

8514 NARVIK

Finances

Return on Equity

18,2 %

Current Ratio

4,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 719 000	13 139 000	16 051 000	18 099 000
Net Income	2 104 000	2 420 000	2 830 000	4 221 000
Total Assets	14 018 000	13 569 000	16 730 000	16 968 000
Total Equity	11 559 000	11 125 000	13 105 000	13 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 719 000	13 139 000	16 051 000	18 099 000
Expenditure	9 303 000	9 993 000	11 063 000	12 813 000
Operating Profit	2 416 000	3 147 000	4 988 000	5 287 000
Financial Income	286 000	105 000	145 000	150 000
Financial Costs	1 000	117 000	1 158 000	15 000
Financial Balance	285 000	−12 000	−1 013 000	135 000
Earnings Before Tax	2 701 000	3 135 000	3 975 000	5 422 000
Tax	596 000	715 000	1 145 000	1 201 000
Net Income	2 104 000	2 420 000	2 830 000	4 221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 325 000	3 874 000	4 185 000	4 662 000
Total Current Assets	10 693 000	9 695 000	12 545 000	12 307 000
Total Assets	14 018 000	13 569 000	16 730 000	16 968 000
Total Retained Equity	11 459 000	11 024 000	13 004 000	13 575 000
Total Equity	11 559 000	11 125 000	13 105 000	13 676 000
Total Long-Term Debt	0	6 000	58 000	112 000
Total Current Debt	2 459 000	2 438 000	3 567 000	3 180 000
Total Equity and Debt	14 018 000	13 569 000	16 730 000	16 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 671 000	13 080 000	15 701 000	18 099 000
Other Income	47 000	59 000	351 000	0
Revenue	11 719 000	13 139 000	16 051 000	18 099 000
Cost of Goods Sold	2 559 000	2 751 000	2 937 000	3 741 000
Salary Costs	4 014 000	4 522 000	4 643 000	5 841 000
Depreciation	604 000	726 000	756 000	645 000
Impairment	0	0	0	0
Expenditure	9 303 000	9 993 000	11 063 000	12 813 000
Operating Profit	2 416 000	3 147 000	4 988 000	5 287 000
Financial Income	286 000	105 000	145 000	150 000
Financial Costs	1 000	117 000	1 158 000	15 000
Financial Balance	285 000	−12 000	−1 013 000	135 000
Dividends	0	0	0	0
Net Income	2 104 000	2 420 000	2 830 000	4 221 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	68 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 438 000	2 042 000	2 377 000	2 423 000
Total Tangible Assets	1 438 000	2 042 000	2 377 000	2 423 000
Total Fiancial Fixed Assets	1 818 000	1 832 000	1 808 000	2 238 000
Total Fixed Assets	3 325 000	3 874 000	4 185 000	4 662 000
Stock	1 028 000	985 000	1 092 000	1 282 000
Total Investments	0	0	0	0
Cash, Bank	4 216 000	5 711 000	7 520 000	7 298 000
Total Current Assets	10 693 000	9 695 000	12 545 000	12 307 000
Total Assets	14 018 000	13 569 000	16 730 000	16 968 000
Total Equity	11 559 000	11 125 000	13 105 000	13 676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	58 000	112 000
Creditors	691 000	610 000	412 000	155 000
Unpaid Taxes	624 000	419 000	754 000	902 000
Dividends	0	0	0	0
Other Current Debt	472 000	706 000	1 413 000	910 000
Total Current Debt	2 459 000	2 438 000	3 567 000	3 180 000
Total Equity and Debt	14 018 000	13 569 000	16 730 000	16 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,2 %	21,75 %	21,59 %	30,86 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	20,62 %	23,95 %	31,08 %	29,21 %
Current Ratio	4,35	3,98	3,52	3,87
Quick Ratio	7,47	6,67	5,07	6,48
Equity Ratio	0,82	0,82	0,78	0,81
Gross Profit Margin	78,16 %	79,06 %	81,7 %	79,33 %