SANDNES SPECSAVERS AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

47,23 %

Current Ratio

0,68

Debt-to-Equity Ratio

−0,79

Key figures (NOK)	2023	2021	2020	2019
Revenue	11 772 000	10 205 000	8 860 000	9 336 000
Net Income	−222 000	246 000	334 000	−417 000
Total Assets	1 477 000	1 005 000	1 517 000	994 000
Total Equity	−470 000	−248 000	−495 000	−828 000

Income (NOK)	2023	2021	2020	2019
Revenue	11 772 000	10 205 000	8 860 000	9 336 000
Expenditure	11 984 000	9 945 000	8 526 000	9 751 000
Operating Profit	−213 000	260 000	334 000	−415 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	0	1 000	2 000
Financial Balance	−10 000	0	0	−2 000
Earnings Before Tax	−222 000	260 000	334 000	−417 000
Tax	0	13 000	0	0
Net Income	−222 000	246 000	334 000	−417 000

Balance (NOK)	2023	2021	2020	2019
Total Fixed Assets	410 000	66 000	64 000	69 000
Total Current Assets	1 067 000	939 000	1 453 000	924 000
Total Assets	1 477 000	1 005 000	1 517 000	994 000
Total Retained Equity	−500 000	−398 000	−645 000	−978 000
Total Equity	−470 000	−248 000	−495 000	−828 000
Total Long-Term Debt	370 000	21 000	103 000	179 000
Total Current Debt	1 577 000	1 233 000	1 908 000	1 643 000
Total Equity and Debt	1 477 000	1 005 000	1 517 000	994 000

Cash flow (NOK)	2023	2021	2020	2019
Sales Income	11 772 000	10 205 000	8 844 000	9 333 000
Other Income	0	0	16 000	3 000
Revenue	11 772 000	10 205 000	8 860 000	9 336 000
Cost of Goods Sold	3 939 000	3 417 000	2 796 000	2 876 000
Salary Costs	3 993 000	3 373 000	2 781 000	3 520 000
Depreciation	66 000	29 000	60 000	267 000
Impairment	0	0	0	0
Expenditure	11 984 000	9 945 000	8 526 000	9 751 000
Operating Profit	−213 000	260 000	334 000	−415 000
Financial Income	0	0	1 000	0
Financial Costs	10 000	0	1 000	2 000
Financial Balance	−10 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	−222 000	246 000	334 000	−417 000

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	410 000	66 000	64 000	69 000
Total Tangible Assets	410 000	66 000	64 000	69 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	410 000	66 000	64 000	69 000
Stock	299 000	279 000	364 000	325 000
Total Investments	0	0	0	0
Cash, Bank	528 000	604 000	1 039 000	531 000
Total Current Assets	1 067 000	939 000	1 453 000	924 000
Total Assets	1 477 000	1 005 000	1 517 000	994 000
Total Equity	−470 000	−248 000	−495 000	−828 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	370 000	21 000	103 000	179 000
Creditors	928 000	559 000	1 243 000	1 013 000
Unpaid Taxes	277 000	369 000	346 000	252 000
Dividends	0	0	0	0
Other Current Debt	372 000	292 000	319 000	378 000
Total Current Debt	1 577 000	1 233 000	1 908 000	1 643 000
Total Equity and Debt	1 477 000	1 005 000	1 517 000	994 000

Financial indicators	2023	2021	2020	2019
Return on Equity	47,23 %	−99,19 %	−67,47 %	50,36 %
Debt-to-Equity Ratio	−0,79	−0,08	−0,21	−0,22
Operating Profit Margin	−1,81 %	2,55 %	3,77 %	−4,45 %
Current Ratio	0,68	0,76	0,76	0,56
Quick Ratio	0,83	0,98	0,94	0,7
Equity Ratio	−0,32	−0,25	−0,33	−0,83
Gross Profit Margin	66,54 %	66,52 %	68,44 %	69,19 %