VAGLE OPTIKK AS

4307 SANDNES

Finances

Return on Equity

123,63 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 030 000	5 554 000	4 819 000	3 785 000
Net Income	1 240 000	929 000	955 000	428 000
Total Assets	3 365 000	2 102 000	2 888 000	1 636 000
Total Equity	1 003 000	1 263 000	1 534 000	1 179 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 030 000	5 554 000	4 819 000	3 785 000
Expenditure	4 465 000	4 381 000	3 628 000	3 256 000
Operating Profit	1 565 000	1 174 000	1 192 000	528 000
Financial Income	21 000	15 000	12 000	14 000
Financial Costs	2 000	2 000	5 000	2 000
Financial Balance	19 000	13 000	7 000	12 000
Earnings Before Tax	1 584 000	1 187 000	1 198 000	540 000
Tax	344 000	258 000	243 000	112 000
Net Income	1 240 000	929 000	955 000	428 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	544 000	627 000	817 000	242 000
Total Current Assets	2 820 000	1 475 000	2 071 000	1 394 000
Total Assets	3 365 000	2 102 000	2 888 000	1 636 000
Total Retained Equity	803 000	1 063 000	1 334 000	979 000
Total Equity	1 003 000	1 263 000	1 534 000	1 179 000
Total Long-Term Debt	0	0	11 000	0
Total Current Debt	2 362 000	839 000	1 343 000	457 000
Total Equity and Debt	3 365 000	2 102 000	2 888 000	1 636 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 014 000	5 554 000	4 819 000	3 785 000
Other Income	16 000	0	0	0
Revenue	6 030 000	5 554 000	4 819 000	3 785 000
Cost of Goods Sold	1 590 000	1 605 000	1 299 000	1 080 000
Salary Costs	2 012 000	1 905 000	1 539 000	1 448 000
Depreciation	209 000	190 000	106 000	59 000
Impairment	0	0	0	0
Expenditure	4 465 000	4 381 000	3 628 000	3 256 000
Operating Profit	1 565 000	1 174 000	1 192 000	528 000
Financial Income	21 000	15 000	12 000	14 000
Financial Costs	2 000	2 000	5 000	2 000
Financial Balance	19 000	13 000	7 000	12 000
Dividends	1 500 000	1 200 000	600 000	0
Net Income	1 240 000	929 000	955 000	428 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	523 000	617 000	807 000	232 000
Total Tangible Assets	523 000	617 000	807 000	232 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	544 000	627 000	817 000	242 000
Stock	692 000	700 000	621 000	547 000
Total Investments	0	0	0	0
Cash, Bank	2 117 000	592 000	1 387 000	793 000
Total Current Assets	2 820 000	1 475 000	2 071 000	1 394 000
Total Assets	3 365 000	2 102 000	2 888 000	1 636 000
Total Equity	1 003 000	1 263 000	1 534 000	1 179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	11 000	0
Creditors	7 000	121 000	95 000	49 000
Unpaid Taxes	325 000	286 000	270 000	181 000
Dividends	1 500 000	1 200 000	600 000	0
Other Current Debt	174 000	163 000	146 000	116 000
Total Current Debt	2 362 000	839 000	1 343 000	457 000
Total Equity and Debt	3 365 000	2 102 000	2 888 000	1 636 000

Financial indicators	2022	2021	2020	2019
Return on Equity	123,63 %	73,56 %	62,26 %	36,3 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	25,95 %	21,14 %	24,74 %	13,95 %
Current Ratio	1,19	1,76	1,54	3,05
Quick Ratio	1,69	10,61	2,87	−15,49
Equity Ratio	0,3	0,6	0,53	0,72
Gross Profit Margin	73,63 %	71,1 %	73,04 %	71,47 %