SPECSAVERS NORWAY AS

0164 OSLO

Finances

Return on Equity

13,43 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	569 916 000	483 678 000	498 819 000	448 663 000
Net Income	7 566 000	4 837 000	6 368 000	6 792 000
Total Assets	165 662 000	174 958 000	152 135 000	151 058 000
Total Equity	56 349 000	48 782 000	43 945 000	37 577 000

Income (NOK)	2022	2021	2020	2019
Revenue	569 916 000	483 678 000	498 819 000	448 663 000
Expenditure	559 524 000	475 120 000	489 767 000	440 272 000
Operating Profit	10 392 000	8 558 000	9 051 000	8 391 000
Financial Income	1 004 000	740 000	835 000	891 000
Financial Costs	1 494 000	2 527 000	1 441 000	497 000
Financial Balance	−490 000	−1 787 000	−606 000	394 000
Earnings Before Tax	9 902 000	6 771 000	8 446 000	8 784 000
Tax	2 336 000	1 933 000	2 078 000	1 992 000
Net Income	7 566 000	4 837 000	6 368 000	6 792 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 908 000	23 050 000	17 018 000	11 176 000
Total Current Assets	139 753 000	151 908 000	135 118 000	139 882 000
Total Assets	165 662 000	174 958 000	152 135 000	151 058 000
Total Retained Equity	56 249 000	48 682 000	43 845 000	37 477 000
Total Equity	56 349 000	48 782 000	43 945 000	37 577 000
Total Long-Term Debt	12 043 000	47 441 000	27 826 000	36 396 000
Total Current Debt	97 270 000	78 735 000	80 364 000	77 085 000
Total Equity and Debt	165 662 000	174 958 000	152 135 000	151 058 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	511 777 000	415 783 000	444 212 000	399 014 000
Other Income	58 140 000	67 895 000	54 607 000	49 649 000
Revenue	569 916 000	483 678 000	498 819 000	448 663 000
Cost of Goods Sold	365 977 000	304 091 000	304 242 000	280 791 000
Salary Costs	61 712 000	51 093 000	55 656 000	57 567 000
Depreciation	572 000	692 000	762 000	765 000
Impairment	0	0	0	0
Expenditure	559 524 000	475 120 000	489 767 000	440 272 000
Operating Profit	10 392 000	8 558 000	9 051 000	8 391 000
Financial Income	1 004 000	740 000	835 000	891 000
Financial Costs	1 494 000	2 527 000	1 441 000	497 000
Financial Balance	−490 000	−1 787 000	−606 000	394 000
Dividends	0	0	0	0
Net Income	7 566 000	4 837 000	6 368 000	6 792 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 810 000	2 827 000	1 873 000	1 654 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	369 000	828 000	1 427 000	1 587 000
Total Tangible Assets	369 000	828 000	1 427 000	1 587 000
Total Fiancial Fixed Assets	22 730 000	19 394 000	13 718 000	7 934 000
Total Fixed Assets	25 908 000	23 050 000	17 018 000	11 176 000
Stock	0	0	0	0
Total Investments	4 039 000	4 182 000	135 000	1 642 000
Cash, Bank	61 910 000	66 883 000	48 845 000	55 292 000
Total Current Assets	139 753 000	151 908 000	135 118 000	139 882 000
Total Assets	165 662 000	174 958 000	152 135 000	151 058 000
Total Equity	56 349 000	48 782 000	43 945 000	37 577 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 043 000	47 441 000	27 826 000	36 396 000
Creditors	60 627 000	42 504 000	47 145 000	41 605 000
Unpaid Taxes	20 114 000	18 684 000	19 321 000	18 839 000
Dividends	0	0	0	0
Other Current Debt	12 497 000	13 371 000	10 335 000	13 361 000
Total Current Debt	97 270 000	78 735 000	80 364 000	77 085 000
Total Equity and Debt	165 662 000	174 958 000	152 135 000	151 058 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,43 %	9,92 %	14,49 %	18,07 %
Debt-to-Equity Ratio	0,21	0,97	0,63	0,97
Operating Profit Margin	1,82 %	1,77 %	1,81 %	1,87 %
Current Ratio	1,44	1,93	1,68	1,81
Quick Ratio	1,44	1,93	1,68	1,81
Equity Ratio	0,34	0,28	0,29	0,25
Gross Profit Margin	35,78 %	37,13 %	39,01 %	37,42 %