SANDVIKA SPECSAVERS AS

1338 SANDVIKA

Finances

Return on Equity

60,69 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0,26

Key figures (NOK)	2023	2022	2021	2020
Revenue	15 568 000	15 834 000	13 388 000	11 833 000
Net Income	−1 482 000	−1 390 000	−965 000	372 000
Total Assets	2 799 000	3 501 000	3 903 000	6 979 000
Total Equity	−2 442 000	−960 000	430 000	1 395 000

Income (NOK)	2023	2022	2021	2020
Revenue	15 568 000	15 834 000	13 388 000	11 833 000
Expenditure	17 015 000	17 135 000	14 378 000	11 339 000
Operating Profit	−1 447 000	−1 300 000	−990 000	493 000
Financial Income	0	0	4 000	2 000
Financial Costs	35 000	46 000	60 000	15 000
Financial Balance	−35 000	−46 000	−56 000	−13 000
Earnings Before Tax	−1 482 000	−1 346 000	−1 047 000	480 000
Tax	0	44 000	−82 000	108 000
Net Income	−1 482 000	−1 390 000	−965 000	372 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	975 000	1 502 000	2 038 000	2 048 000
Total Current Assets	1 823 000	1 999 000	1 865 000	4 931 000
Total Assets	2 799 000	3 501 000	3 903 000	6 979 000
Total Retained Equity	−2 472 000	−990 000	400 000	1 365 000
Total Equity	−2 442 000	−960 000	430 000	1 395 000
Total Long-Term Debt	638 000	937 000	1 225 000	1 530 000
Total Current Debt	4 602 000	3 523 000	2 248 000	4 054 000
Total Equity and Debt	2 799 000	3 501 000	3 903 000	6 979 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	15 568 000	15 834 000	13 228 000	11 833 000
Other Income	0	0	160 000	0
Revenue	15 568 000	15 834 000	13 388 000	11 833 000
Cost of Goods Sold	5 493 000	5 681 000	4 708 000	3 828 000
Salary Costs	5 205 000	5 054 000	4 314 000	3 683 000
Depreciation	526 000	536 000	546 000	177 000
Impairment	0	0	0	0
Expenditure	17 015 000	17 135 000	14 378 000	11 339 000
Operating Profit	−1 447 000	−1 300 000	−990 000	493 000
Financial Income	0	0	4 000	2 000
Financial Costs	35 000	46 000	60 000	15 000
Financial Balance	−35 000	−46 000	−56 000	−13 000
Dividends	0	0	0	0
Net Income	−1 482 000	−1 390 000	−965 000	372 000

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	975 000	1 502 000	2 038 000	2 048 000
Total Tangible Assets	975 000	1 502 000	2 038 000	2 048 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	975 000	1 502 000	2 038 000	2 048 000
Stock	278 000	298 000	357 000	348 000
Total Investments	0	0	0	0
Cash, Bank	568 000	815 000	806 000	4 416 000
Total Current Assets	1 823 000	1 999 000	1 865 000	4 931 000
Total Assets	2 799 000	3 501 000	3 903 000	6 979 000
Total Equity	−2 442 000	−960 000	430 000	1 395 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	638 000	937 000	1 225 000	1 530 000
Creditors	3 548 000	2 297 000	1 290 000	3 059 000
Unpaid Taxes	407 000	588 000	411 000	102 000
Dividends	0	0	0	0
Other Current Debt	648 000	638 000	547 000	666 000
Total Current Debt	4 602 000	3 523 000	2 248 000	4 054 000
Total Equity and Debt	2 799 000	3 501 000	3 903 000	6 979 000

Financial indicators	2023	2022	2021	2020
Return on Equity	60,69 %	144,79 %	−224,42 %	26,67 %
Debt-to-Equity Ratio	−0,26	−0,98	2,85	1,1
Operating Profit Margin	−9,29 %	−8,21 %	−7,39 %	4,17 %
Current Ratio	0,4	0,57	0,83	1,22
Quick Ratio	0,42	0,62	0,99	1,33
Equity Ratio	−0,87	−0,27	0,11	0,2
Gross Profit Margin	64,72 %	64,12 %	64,83 %	67,65 %