KOREN OPTIKK AS

7100 RISSA

Finances

Return on Equity

30,89 %

Current Ratio

3,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 107 000	4 873 000	4 428 000	4 489 000
Net Income	739 000	576 000	179 000	139 000
Total Assets	3 317 000	2 942 000	2 468 000	2 660 000
Total Equity	2 392 000	2 103 000	1 827 000	1 648 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 107 000	4 873 000	4 428 000	4 489 000
Expenditure	4 197 000	4 151 000	4 223 000	4 348 000
Operating Profit	911 000	721 000	205 000	142 000
Financial Income	33 000	15 000	34 000	35 000
Financial Costs	1 000	0	6 000	1 000
Financial Balance	32 000	15 000	28 000	34 000
Earnings Before Tax	943 000	736 000	233 000	176 000
Tax	204 000	160 000	54 000	37 000
Net Income	739 000	576 000	179 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	147 000	208 000	343 000
Total Current Assets	3 226 000	2 796 000	2 260 000	2 318 000
Total Assets	3 317 000	2 942 000	2 468 000	2 660 000
Total Retained Equity	2 192 000	1 903 000	1 627 000	1 725 000
Total Equity	2 392 000	2 103 000	1 827 000	1 648 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	926 000	840 000	641 000	1 012 000
Total Equity and Debt	3 317 000	2 942 000	2 468 000	2 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 107 000	4 874 000	4 345 000	4 489 000
Other Income	0	−2 000	83 000	0
Revenue	5 107 000	4 873 000	4 428 000	4 489 000
Cost of Goods Sold	1 556 000	1 516 000	1 332 000	1 436 000
Salary Costs	1 882 000	1 797 000	1 970 000	2 098 000
Depreciation	57 000	81 000	114 000	119 000
Impairment	0	0	0	0
Expenditure	4 197 000	4 151 000	4 223 000	4 348 000
Operating Profit	911 000	721 000	205 000	142 000
Financial Income	33 000	15 000	34 000	35 000
Financial Costs	1 000	0	6 000	1 000
Financial Balance	32 000	15 000	28 000	34 000
Dividends	0	0	0	0
Net Income	739 000	576 000	179 000	139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	35 000	35 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	101 000	162 000	303 000
Total Tangible Assets	44 000	101 000	162 000	303 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	92 000	147 000	208 000	343 000
Stock	865 000	695 000	732 000	840 000
Total Investments	0	0	0	306 000
Cash, Bank	2 069 000	1 804 000	1 145 000	788 000
Total Current Assets	3 226 000	2 796 000	2 260 000	2 318 000
Total Assets	3 317 000	2 942 000	2 468 000	2 660 000
Total Equity	2 392 000	2 103 000	1 827 000	1 648 000
Short-Term Group Debt	0	0	0	331 000
Total Long-Term Debt	0	0	0	0
Creditors	176 000	129 000	94 000	93 000
Unpaid Taxes	248 000	229 000	224 000	194 000
Dividends	0	0	0	0
Other Current Debt	295 000	322 000	263 000	352 000
Total Current Debt	926 000	840 000	641 000	1 012 000
Total Equity and Debt	3 317 000	2 942 000	2 468 000	2 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,89 %	27,39 %	9,8 %	8,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,84 %	14,8 %	4,63 %	3,16 %
Current Ratio	3,48	3,33	3,53	2,29
Quick Ratio	52,89	19,28	−24,84	13,48
Equity Ratio	0,72	0,71	0,74	0,62
Gross Profit Margin	69,53 %	68,89 %	69,92 %	68,01 %