ARENDAL OPTIKK AS

4846 ARENDAL

Finances

Return on Equity

12,18 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 734 000	5 833 000	5 183 000	5 883 000
Net Income	129 000	193 000	254 000	159 000
Total Assets	1 803 000	2 064 000	2 045 000	1 873 000
Total Equity	1 059 000	952 000	1 069 000	837 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 734 000	5 833 000	5 183 000	5 883 000
Expenditure	5 595 000	5 599 000	4 853 000	5 691 000
Operating Profit	139 000	234 000	331 000	193 000
Financial Income	24 000	16 000	12 000	13 000
Financial Costs	0	5 000	12 000	2 000
Financial Balance	24 000	11 000	0	11 000
Earnings Before Tax	162 000	244 000	330 000	203 000
Tax	33 000	51 000	77 000	44 000
Net Income	129 000	193 000	254 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 000	99 000	37 000	52 000
Total Current Assets	1 710 000	1 965 000	2 009 000	1 821 000
Total Assets	1 803 000	2 064 000	2 045 000	1 873 000
Total Retained Equity	774 000	667 000	784 000	552 000
Total Equity	1 059 000	952 000	1 069 000	837 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	744 000	1 112 000	976 000	1 036 000
Total Equity and Debt	1 803 000	2 064 000	2 045 000	1 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 717 000	5 836 000	5 109 000	5 879 000
Other Income	17 000	−3 000	74 000	4 000
Revenue	5 734 000	5 833 000	5 183 000	5 883 000
Cost of Goods Sold	1 688 000	1 599 000	1 423 000	1 655 000
Salary Costs	2 722 000	2 804 000	2 237 000	2 901 000
Depreciation	32 000	28 000	15 000	17 000
Impairment	0	0	0	0
Expenditure	5 595 000	5 599 000	4 853 000	5 691 000
Operating Profit	139 000	234 000	331 000	193 000
Financial Income	24 000	16 000	12 000	13 000
Financial Costs	0	5 000	12 000	2 000
Financial Balance	24 000	11 000	0	11 000
Dividends	0	300 000	0	0
Net Income	129 000	193 000	254 000	159 000

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	83 000	89 000	27 000	42 000
Total Tangible Assets	83 000	89 000	27 000	42 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	93 000	99 000	37 000	52 000
Stock	550 000	524 000	507 000	594 000
Total Investments	0	0	0	0
Cash, Bank	919 000	1 236 000	1 253 000	981 000
Total Current Assets	1 710 000	1 965 000	2 009 000	1 821 000
Total Assets	1 803 000	2 064 000	2 045 000	1 873 000
Total Equity	1 059 000	952 000	1 069 000	837 000
Short-Term Group Debt	35 000	318 000	268 000	255 000
Total Long-Term Debt	0	0	0	0
Creditors	106 000	145 000	156 000	40 000
Unpaid Taxes	299 000	326 000	249 000	282 000
Dividends	0	300 000	0	0
Other Current Debt	270 000	268 000	225 000	415 000
Total Current Debt	744 000	1 112 000	976 000	1 036 000
Total Equity and Debt	1 803 000	2 064 000	2 045 000	1 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,18 %	20,27 %	23,76 %	19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,42 %	4,01 %	6,39 %	3,28 %
Current Ratio	2,3	1,77	2,06	1,76
Quick Ratio	8,81	3,34	4,28	4,12
Equity Ratio	0,59	0,46	0,52	0,45
Gross Profit Margin	70,56 %	72,59 %	72,54 %	71,87 %