KIRKEGATA OPTIKK AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−73,86 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 798 000	10 847 000	9 200 000	10 243 000
Net Income	339 000	−61 000	−221 000	−845 000
Total Assets	845 000	543 000	998 000	1 224 000
Total Equity	−459 000	−798 000	−737 000	−516 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 798 000	10 847 000	9 200 000	10 243 000
Expenditure	11 458 000	10 894 000	9 393 000	11 047 000
Operating Profit	340 000	−47 000	−193 000	−804 000
Financial Income	1 000	−1 000	1 000	1 000
Financial Costs	2 000	13 000	29 000	43 000
Financial Balance	−1 000	−14 000	−28 000	−42 000
Earnings Before Tax	339 000	−61 000	−221 000	−845 000
Tax	0	0	0	0
Net Income	339 000	−61 000	−221 000	−845 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	85 000	382 000	652 000
Total Current Assets	819 000	458 000	616 000	572 000
Total Assets	845 000	543 000	998 000	1 224 000
Total Retained Equity	−559 000	−898 000	−837 000	−616 000
Total Equity	−459 000	−798 000	−737 000	−516 000
Total Long-Term Debt	0	43 000	303 000	498 000
Total Current Debt	1 304 000	1 297 000	1 432 000	1 241 000
Total Equity and Debt	845 000	543 000	998 000	1 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 723 000	10 851 000	9 117 000	10 243 000
Other Income	75 000	−4 000	83 000	0
Revenue	11 798 000	10 847 000	9 200 000	10 243 000
Cost of Goods Sold	3 937 000	3 733 000	2 967 000	3 312 000
Salary Costs	3 702 000	3 300 000	2 968 000	3 863 000
Depreciation	58 000	297 000	336 000	343 000
Impairment	0	0	0	0
Expenditure	11 458 000	10 894 000	9 393 000	11 047 000
Operating Profit	340 000	−47 000	−193 000	−804 000
Financial Income	1 000	−1 000	1 000	1 000
Financial Costs	2 000	13 000	29 000	43 000
Financial Balance	−1 000	−14 000	−28 000	−42 000
Dividends	0	0	0	0
Net Income	339 000	−61 000	−221 000	−845 000

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	27 000	85 000	382 000	652 000
Total Tangible Assets	27 000	85 000	382 000	652 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 000	85 000	382 000	652 000
Stock	297 000	282 000	316 000	375 000
Total Investments	0	0	0	0
Cash, Bank	477 000	107 000	239 000	132 000
Total Current Assets	819 000	458 000	616 000	572 000
Total Assets	845 000	543 000	998 000	1 224 000
Total Equity	−459 000	−798 000	−737 000	−516 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	43 000	303 000	498 000
Creditors	599 000	693 000	671 000	584 000
Unpaid Taxes	354 000	284 000	308 000	284 000
Dividends	0	0	0	0
Other Current Debt	351 000	315 000	453 000	373 000
Total Current Debt	1 304 000	1 297 000	1 432 000	1 241 000
Total Equity and Debt	845 000	543 000	998 000	1 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−73,86 %	7,64 %	29,99 %	163,76 %
Debt-to-Equity Ratio	−0	−0,05	−0,41	−0,97
Operating Profit Margin	2,88 %	−0,43 %	−2,1 %	−7,85 %
Current Ratio	0,63	0,35	0,43	0,46
Quick Ratio	0,81	0,45	0,55	0,66
Equity Ratio	−0,54	−1,47	−0,74	−0,42
Gross Profit Margin	66,63 %	65,58 %	67,75 %	67,67 %