HORTEN SPECSAVERS AS

3187 HORTEN

Finances

Share Ownership

Return on Equity

89,35 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2023	2021	2020	2019
Revenue	13 551 000	12 150 000	9 245 000	9 124 000
Net Income	889 000	1 381 000	797 000	243 000
Total Assets	2 872 000	3 594 000	2 482 000	1 722 000
Total Equity	995 000	106 000	345 000	297 000

Income (NOK)	2023	2021	2020	2019
Revenue	13 551 000	12 150 000	9 245 000	9 124 000
Expenditure	12 409 000	10 374 000	8 218 000	8 796 000
Operating Profit	1 143 000	1 776 000	1 026 000	327 000
Financial Income	0	0	1 000	1 000
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	1 000	1 000
Earnings Before Tax	1 141 000	1 776 000	1 027 000	328 000
Tax	252 000	395 000	230 000	85 000
Net Income	889 000	1 381 000	797 000	243 000

Balance (NOK)	2023	2021	2020	2019
Total Fixed Assets	31 000	42 000	79 000	62 000
Total Current Assets	2 840 000	3 553 000	2 403 000	1 660 000
Total Assets	2 872 000	3 594 000	2 482 000	1 722 000
Total Retained Equity	965 000	6 000	245 000	197 000
Total Equity	995 000	106 000	345 000	297 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 877 000	3 489 000	2 137 000	1 424 000
Total Equity and Debt	2 872 000	3 594 000	2 482 000	1 722 000

Cash flow (NOK)	2023	2021	2020	2019
Sales Income	13 551 000	12 150 000	9 245 000	9 124 000
Other Income	0	0	0	0
Revenue	13 551 000	12 150 000	9 245 000	9 124 000
Cost of Goods Sold	4 085 000	3 669 000	2 699 000	2 607 000
Salary Costs	3 802 000	3 093 000	2 574 000	3 219 000
Depreciation	30 000	37 000	46 000	74 000
Impairment	0	0	0	0
Expenditure	12 409 000	10 374 000	8 218 000	8 796 000
Operating Profit	1 143 000	1 776 000	1 026 000	327 000
Financial Income	0	0	1 000	1 000
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	1 000	1 000
Dividends	0	1 620 000	750 000	100 000
Net Income	889 000	1 381 000	797 000	243 000

Balance details (NOK)	2023	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	31 000	42 000	79 000	62 000
Total Tangible Assets	31 000	42 000	79 000	62 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	42 000	79 000	62 000
Stock	278 000	273 000	271 000	320 000
Total Investments	0	0	0	0
Cash, Bank	2 191 000	3 059 000	2 066 000	1 291 000
Total Current Assets	2 840 000	3 553 000	2 403 000	1 660 000
Total Assets	2 872 000	3 594 000	2 482 000	1 722 000
Total Equity	995 000	106 000	345 000	297 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	670 000	613 000	555 000	486 000
Unpaid Taxes	344 000	292 000	232 000	214 000
Dividends	0	1 620 000	750 000	100 000
Other Current Debt	611 000	2 190 000	1 120 000	640 000
Total Current Debt	1 877 000	3 489 000	2 137 000	1 424 000
Total Equity and Debt	2 872 000	3 594 000	2 482 000	1 722 000

Financial indicators	2023	2021	2020	2019
Return on Equity	89,35 %	1 302,83 %	231,01 %	81,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,43 %	14,62 %	11,1 %	3,58 %
Current Ratio	1,51	1,02	1,12	1,17
Quick Ratio	1,78	1,1	1,29	1,5
Equity Ratio	0,35	0,03	0,14	0,17
Gross Profit Margin	69,85 %	69,8 %	70,81 %	71,43 %