ORKANGER SPECSAVERS AS

7300 ORKANGER

Finances

Share Ownership

Return on Equity

62,56 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	16 342 000	13 976 000	11 190 000	10 672 000
Net Income	1 248 000	676 000	580 000	355 000
Total Assets	4 524 000	4 103 000	3 663 000	2 848 000
Total Equity	1 995 000	748 000	1 213 000	633 000

Income (NOK)	2023	2022	2021	2020
Revenue	16 342 000	13 976 000	11 190 000	10 672 000
Expenditure	14 757 000	13 135 000	10 372 000	10 272 000
Operating Profit	1 585 000	841 000	817 000	400 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	9 000	14 000	23 000
Financial Balance	−2 000	−9 000	−14 000	−22 000
Earnings Before Tax	1 583 000	831 000	804 000	378 000
Tax	335 000	156 000	224 000	23 000
Net Income	1 248 000	676 000	580 000	355 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	12 000	48 000	109 000	373 000
Total Current Assets	4 512 000	4 055 000	3 553 000	2 474 000
Total Assets	4 524 000	4 103 000	3 663 000	2 848 000
Total Retained Equity	1 925 000	678 000	1 143 000	563 000
Total Equity	1 995 000	748 000	1 213 000	633 000
Total Long-Term Debt	0	126 000	309 000	470 000
Total Current Debt	2 529 000	3 230 000	2 141 000	1 744 000
Total Equity and Debt	4 524 000	4 103 000	3 663 000	2 848 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	16 342 000	13 976 000	11 103 000	10 672 000
Other Income	0	0	87 000	0
Revenue	16 342 000	13 976 000	11 190 000	10 672 000
Cost of Goods Sold	5 017 000	4 190 000	3 316 000	3 173 000
Salary Costs	4 807 000	4 583 000	3 245 000	3 183 000
Depreciation	36 000	61 000	326 000	362 000
Impairment	0	0	0	0
Expenditure	14 757 000	13 135 000	10 372 000	10 272 000
Operating Profit	1 585 000	841 000	817 000	400 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	9 000	14 000	23 000
Financial Balance	−2 000	−9 000	−14 000	−22 000
Dividends	0	1 141 000	0	0
Net Income	1 248 000	676 000	580 000	355 000

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	12 000	49 000	120 000
Fixtures	12 000	36 000	60 000	254 000
Total Tangible Assets	12 000	48 000	109 000	373 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	48 000	109 000	373 000
Stock	377 000	317 000	351 000	357 000
Total Investments	0	0	0	0
Cash, Bank	3 814 000	3 398 000	2 958 000	1 861 000
Total Current Assets	4 512 000	4 055 000	3 553 000	2 474 000
Total Assets	4 524 000	4 103 000	3 663 000	2 848 000
Total Equity	1 995 000	748 000	1 213 000	633 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	126 000	309 000	470 000
Creditors	870 000	948 000	896 000	938 000
Unpaid Taxes	501 000	449 000	388 000	316 000
Dividends	0	1 141 000	0	0
Other Current Debt	655 000	853 000	611 000	467 000
Total Current Debt	2 529 000	3 230 000	2 141 000	1 744 000
Total Equity and Debt	4 524 000	4 103 000	3 663 000	2 848 000

Financial indicators	2023	2022	2021	2020
Return on Equity	62,56 %	90,37 %	47,82 %	56,08 %
Debt-to-Equity Ratio	0	0,17	0,25	0,74
Operating Profit Margin	9,7 %	6,02 %	7,3 %	3,75 %
Current Ratio	1,78	1,26	1,66	1,42
Quick Ratio	2,1	1,39	1,98	1,78
Equity Ratio	0,44	0,18	0,33	0,22
Gross Profit Margin	69,3 %	70,02 %	70,37 %	70,27 %