KOREN OPTIKK TRONDHEIM AS

7010 TRONDHEIM

Finances

Return on Equity

22,67 %

Current Ratio

2,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 443 000	7 784 000	7 309 000	6 885 000
Net Income	564 000	697 000	1 132 000	307 000
Total Assets	3 937 000	3 334 000	3 372 000	2 510 000
Total Equity	2 488 000	1 924 000	2 227 000	1 494 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 443 000	7 784 000	7 309 000	6 885 000
Expenditure	6 743 000	6 906 000	5 864 000	6 496 000
Operating Profit	701 000	877 000	1 445 000	390 000
Financial Income	23 000	15 000	12 000	13 000
Financial Costs	7 000	3 000	7 000	13 000
Financial Balance	16 000	12 000	5 000	0
Earnings Before Tax	717 000	890 000	1 451 000	390 000
Tax	153 000	193 000	318 000	83 000
Net Income	564 000	697 000	1 132 000	307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	645 000	435 000	223 000	380 000
Total Current Assets	3 292 000	2 899 000	3 149 000	2 130 000
Total Assets	3 937 000	3 334 000	3 372 000	2 510 000
Total Retained Equity	2 380 000	1 816 000	2 119 000	1 386 000
Total Equity	2 488 000	1 924 000	2 227 000	1 494 000
Total Long-Term Debt	0	0	0	171 000
Total Current Debt	1 449 000	1 410 000	1 145 000	844 000
Total Equity and Debt	3 937 000	3 334 000	3 372 000	2 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 443 000	7 783 000	7 228 000	6 885 000
Other Income	0	0	81 000	0
Revenue	7 443 000	7 784 000	7 309 000	6 885 000
Cost of Goods Sold	2 381 000	2 459 000	2 018 000	2 195 000
Salary Costs	2 760 000	2 885 000	2 356 000	2 841 000
Depreciation	96 000	119 000	168 000	181 000
Impairment	0	0	0	0
Expenditure	6 743 000	6 906 000	5 864 000	6 496 000
Operating Profit	701 000	877 000	1 445 000	390 000
Financial Income	23 000	15 000	12 000	13 000
Financial Costs	7 000	3 000	7 000	13 000
Financial Balance	16 000	12 000	5 000	0
Dividends	0	0	0	0
Net Income	564 000	697 000	1 132 000	307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	28 000	38 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	615 000	397 000	175 000	343 000
Total Tangible Assets	615 000	397 000	175 000	343 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	645 000	435 000	223 000	380 000
Stock	799 000	633 000	778 000	810 000
Total Investments	0	0	0	0
Cash, Bank	1 729 000	1 405 000	1 927 000	847 000
Total Current Assets	3 292 000	2 899 000	3 149 000	2 130 000
Total Assets	3 937 000	3 334 000	3 372 000	2 510 000
Total Equity	2 488 000	1 924 000	2 227 000	1 494 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	171 000
Creditors	673 000	400 000	268 000	160 000
Unpaid Taxes	289 000	385 000	269 000	274 000
Dividends	0	0	0	0
Other Current Debt	342 000	442 000	278 000	315 000
Total Current Debt	1 449 000	1 410 000	1 145 000	844 000
Total Equity and Debt	3 937 000	3 334 000	3 372 000	2 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,67 %	36,23 %	50,83 %	20,55 %
Debt-to-Equity Ratio	0	0	0	0,11
Operating Profit Margin	9,42 %	11,27 %	19,77 %	5,66 %
Current Ratio	2,27	2,06	2,75	2,52
Quick Ratio	5,06	3,73	8,58	62,65
Equity Ratio	0,63	0,58	0,66	0,6
Gross Profit Margin	68,01 %	68,41 %	72,39 %	68,12 %