S. GANGESTAD OPTIKK STORBYEN AS

1723 SARPSBORG

Finances

Share Ownership

Return on Equity

32,28 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 410 000	9 166 000	8 977 000	9 208 000
Net Income	513 000	640 000	696 000	842 000
Total Assets	3 959 000	3 851 000	3 703 000	4 116 000
Total Equity	1 589 000	1 426 000	1 146 000	960 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 410 000	9 166 000	8 977 000	9 208 000
Expenditure	8 693 000	8 308 000	8 033 000	8 078 000
Operating Profit	717 000	858 000	944 000	1 130 000
Financial Income	2 000	3 000	5 000	5 000
Financial Costs	56 000	39 000	56 000	55 000
Financial Balance	−54 000	−36 000	−51 000	−50 000
Earnings Before Tax	662 000	821 000	893 000	1 080 000
Tax	149 000	181 000	197 000	238 000
Net Income	513 000	640 000	696 000	842 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 481 000	1 659 000	1 339 000	1 766 000
Total Current Assets	2 477 000	2 192 000	2 364 000	2 350 000
Total Assets	3 959 000	3 851 000	3 703 000	4 116 000
Total Retained Equity	1 189 000	1 026 000	746 000	560 000
Total Equity	1 589 000	1 426 000	1 146 000	960 000
Total Long-Term Debt	1 143 000	1 182 000	1 313 000	1 345 000
Total Current Debt	1 227 000	1 244 000	1 244 000	1 811 000
Total Equity and Debt	3 959 000	3 851 000	3 703 000	4 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 398 000	9 166 000	8 906 000	9 208 000
Other Income	11 000	0	70 000	0
Revenue	9 410 000	9 166 000	8 977 000	9 208 000
Cost of Goods Sold	2 576 000	2 395 000	2 289 000	2 410 000
Salary Costs	3 366 000	2 955 000	2 728 000	2 977 000
Depreciation	243 000	195 000	131 000	135 000
Impairment	0	0	0	0
Expenditure	8 693 000	8 308 000	8 033 000	8 078 000
Operating Profit	717 000	858 000	944 000	1 130 000
Financial Income	2 000	3 000	5 000	5 000
Financial Costs	56 000	39 000	56 000	55 000
Financial Balance	−54 000	−36 000	−51 000	−50 000
Dividends	250 000	150 000	0	340 000
Net Income	513 000	640 000	696 000	842 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	45 000	45 000	45 000	45 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 436 000	1 614 000	1 294 000	1 721 000
Total Tangible Assets	1 481 000	1 659 000	1 339 000	1 766 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 481 000	1 659 000	1 339 000	1 766 000
Stock	624 000	624 000	637 000	613 000
Total Investments	0	0	0	0
Cash, Bank	1 680 000	1 324 000	1 598 000	1 120 000
Total Current Assets	2 477 000	2 192 000	2 364 000	2 350 000
Total Assets	3 959 000	3 851 000	3 703 000	4 116 000
Total Equity	1 589 000	1 426 000	1 146 000	960 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 143 000	1 182 000	1 313 000	1 345 000
Creditors	221 000	335 000	535 000	684 000
Unpaid Taxes	268 000	247 000	205 000	234 000
Dividends	250 000	150 000	0	340 000
Other Current Debt	330 000	330 000	312 000	391 000
Total Current Debt	1 227 000	1 244 000	1 244 000	1 811 000
Total Equity and Debt	3 959 000	3 851 000	3 703 000	4 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,28 %	44,88 %	60,73 %	87,71 %
Debt-to-Equity Ratio	0,72	0,83	1,15	1,4
Operating Profit Margin	7,62 %	9,36 %	10,52 %	12,27 %
Current Ratio	2,02	1,76	1,9	1,3
Quick Ratio	4,11	3,54	3,89	1,96
Equity Ratio	0,4	0,37	0,31	0,23
Gross Profit Margin	72,62 %	73,87 %	74,5 %	73,83 %