K&R FRISØRER AS

5013 BERGEN

Finances

Share Ownership

Return on Equity

16,89 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 164 000	3 050 000	2 715 000	2 804 000
Net Income	125 000	151 000	100 000	190 000
Total Assets	1 333 000	1 213 000	1 271 000	1 325 000
Total Equity	740 000	615 000	464 000	364 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 164 000	3 050 000	2 715 000	2 804 000
Expenditure	3 004 000	2 851 000	2 566 000	2 534 000
Operating Profit	160 000	199 000	149 000	270 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	0	5 000	18 000	27 000
Financial Balance	2 000	−5 000	−17 000	−26 000
Earnings Before Tax	162 000	194 000	131 000	244 000
Tax	36 000	43 000	31 000	54 000
Net Income	125 000	151 000	100 000	190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	185 000	266 000	266 000
Total Current Assets	1 205 000	1 029 000	1 005 000	1 059 000
Total Assets	1 333 000	1 213 000	1 271 000	1 325 000
Total Retained Equity	710 000	585 000	434 000	334 000
Total Equity	740 000	615 000	464 000	364 000
Total Long-Term Debt	0	0	178 000	371 000
Total Current Debt	593 000	599 000	629 000	590 000
Total Equity and Debt	1 333 000	1 213 000	1 271 000	1 325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 018 000	2 921 000	2 586 000	2 690 000
Other Income	146 000	130 000	130 000	115 000
Revenue	3 164 000	3 050 000	2 715 000	2 804 000
Cost of Goods Sold	408 000	451 000	383 000	394 000
Salary Costs	1 809 000	1 732 000	1 533 000	1 485 000
Depreciation	64 000	93 000	93 000	93 000
Impairment	0	0	0	0
Expenditure	3 004 000	2 851 000	2 566 000	2 534 000
Operating Profit	160 000	199 000	149 000	270 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	0	5 000	18 000	27 000
Financial Balance	2 000	−5 000	−17 000	−26 000
Dividends	0	0	0	0
Net Income	125 000	151 000	100 000	190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	25 000	12 000	4 000
Real Eastate	11 000	29 000	46 000	64 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	46 000	122 000	198 000
Total Tangible Assets	11 000	75 000	169 000	262 000
Total Fiancial Fixed Assets	85 000	85 000	85 000	0
Total Fixed Assets	128 000	185 000	266 000	266 000
Stock	142 000	127 000	133 000	149 000
Total Investments	0	0	0	0
Cash, Bank	1 011 000	883 000	865 000	905 000
Total Current Assets	1 205 000	1 029 000	1 005 000	1 059 000
Total Assets	1 333 000	1 213 000	1 271 000	1 325 000
Total Equity	740 000	615 000	464 000	364 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	178 000	371 000
Creditors	29 000	21 000	11 000	32 000
Unpaid Taxes	225 000	207 000	219 000	193 000
Dividends	0	0	0	0
Other Current Debt	295 000	315 000	360 000	301 000
Total Current Debt	593 000	599 000	629 000	590 000
Total Equity and Debt	1 333 000	1 213 000	1 271 000	1 325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,89 %	24,55 %	21,55 %	52,2 %
Debt-to-Equity Ratio	0	0	0,38	1,02
Operating Profit Margin	5,06 %	6,52 %	5,49 %	9,63 %
Current Ratio	2,03	1,72	1,6	1,79
Quick Ratio	2,67	2,18	2,03	2,4
Equity Ratio	0,56	0,51	0,37	0,27
Gross Profit Margin	87,1 %	85,21 %	85,89 %	85,95 %