MANDAL SPECSAVERS AS

4514 MANDAL

Finances

Share Ownership

Return on Equity

44,18 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2023	2022	2021	2020
Revenue	9 598 000	8 978 000	7 728 000	8 054 000
Net Income	319 000	−176 000	−119 000	107 000
Total Assets	2 583 000	2 653 000	3 362 000	3 861 000
Total Equity	722 000	402 000	578 000	697 000

Income (NOK)	2023	2022	2021	2020
Revenue	9 598 000	8 978 000	7 728 000	8 054 000
Expenditure	9 143 000	9 097 000	7 796 000	7 894 000
Operating Profit	456 000	−120 000	−68 000	159 000
Financial Income	0	0	1 000	2 000
Financial Costs	39 000	56 000	67 000	54 000
Financial Balance	−39 000	−56 000	−66 000	−52 000
Earnings Before Tax	417 000	−176 000	−134 000	107 000
Tax	98 000	0	−15 000	0
Net Income	319 000	−176 000	−119 000	107 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	1 085 000	1 489 000	2 042 000	2 155 000
Total Current Assets	1 497 000	1 164 000	1 320 000	1 706 000
Total Assets	2 583 000	2 653 000	3 362 000	3 861 000
Total Retained Equity	691 000	372 000	548 000	667 000
Total Equity	722 000	402 000	578 000	697 000
Total Long-Term Debt	647 000	1 055 000	1 446 000	1 789 000
Total Current Debt	1 214 000	1 195 000	1 338 000	1 375 000
Total Equity and Debt	2 583 000	2 653 000	3 362 000	3 861 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	9 598 000	8 978 000	7 700 000	8 054 000
Other Income	0	0	28 000	0
Revenue	9 598 000	8 978 000	7 728 000	8 054 000
Cost of Goods Sold	3 137 000	2 960 000	2 585 000	2 778 000
Salary Costs	2 898 000	3 162 000	2 534 000	2 428 000
Depreciation	551 000	553 000	583 000	387 000
Impairment	0	0	0	0
Expenditure	9 143 000	9 097 000	7 796 000	7 894 000
Operating Profit	456 000	−120 000	−68 000	159 000
Financial Income	0	0	1 000	2 000
Financial Costs	39 000	56 000	67 000	54 000
Financial Balance	−39 000	−56 000	−66 000	−52 000
Dividends	0	0	0	0
Net Income	319 000	−176 000	−119 000	107 000

Balance details (NOK)	2023	2022	2021	2020
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	1 085 000	1 489 000	2 042 000	2 155 000
Total Tangible Assets	1 085 000	1 489 000	2 042 000	2 155 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 085 000	1 489 000	2 042 000	2 155 000
Stock	269 000	317 000	366 000	343 000
Total Investments	0	0	0	0
Cash, Bank	1 193 000	652 000	794 000	1 230 000
Total Current Assets	1 497 000	1 164 000	1 320 000	1 706 000
Total Assets	2 583 000	2 653 000	3 362 000	3 861 000
Total Equity	722 000	402 000	578 000	697 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	647 000	1 055 000	1 446 000	1 789 000
Creditors	475 000	416 000	631 000	700 000
Unpaid Taxes	257 000	338 000	312 000	220 000
Dividends	0	0	0	0
Other Current Debt	384 000	441 000	396 000	349 000
Total Current Debt	1 214 000	1 195 000	1 338 000	1 375 000
Total Equity and Debt	2 583 000	2 653 000	3 362 000	3 861 000

Financial indicators	2023	2022	2021	2020
Return on Equity	44,18 %	−43,78 %	−20,59 %	15,35 %
Debt-to-Equity Ratio	0,9	2,62	2,5	2,57
Operating Profit Margin	4,75 %	−1,34 %	−0,88 %	1,97 %
Current Ratio	1,23	0,97	0,99	1,24
Quick Ratio	1,58	1,33	1,36	1,65
Equity Ratio	0,28	0,15	0,17	0,18
Gross Profit Margin	67,32 %	67,03 %	66,55 %	65,51 %