HAIRFORCE AS

4027 STAVANGER

Finances

Share Ownership

Return on Equity

40,59 %

Current Ratio

2,28

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 369 000	4 788 000	2 023 000	1 023 000
Net Income	317 000	370 000	−208 000	−350 000
Total Assets	1 934 000	1 659 000	625 000	481 000
Total Equity	781 000	464 000	−586 000	−378 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 369 000	4 788 000	2 023 000	1 023 000
Expenditure	4 923 000	4 272 000	2 276 000	1 458 000
Operating Profit	447 000	517 000	−253 000	−434 000
Financial Income	0	0	0	0
Financial Costs	40 000	42 000	14 000	15 000
Financial Balance	−40 000	−42 000	−14 000	−15 000
Earnings Before Tax	406 000	475 000	−267 000	−449 000
Tax	89 000	104 000	−59 000	−99 000
Net Income	317 000	370 000	−208 000	−350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	485 000	751 000	394 000	311 000
Total Current Assets	1 449 000	907 000	231 000	170 000
Total Assets	1 934 000	1 659 000	625 000	481 000
Total Retained Equity	−87 000	−404 000	−775 000	−566 000
Total Equity	781 000	464 000	−586 000	−378 000
Total Long-Term Debt	517 000	567 000	0	0
Total Current Debt	636 000	628 000	1 211 000	859 000
Total Equity and Debt	1 934 000	1 659 000	625 000	481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 369 000	4 788 000	2 005 000	1 023 000
Other Income	0	0	18 000	0
Revenue	5 369 000	4 788 000	2 023 000	1 023 000
Cost of Goods Sold	573 000	460 000	222 000	79 000
Salary Costs	2 860 000	2 574 000	1 329 000	852 000
Depreciation	177 000	148 000	48 000	41 000
Impairment	0	0	0	0
Expenditure	4 923 000	4 272 000	2 276 000	1 458 000
Operating Profit	447 000	517 000	−253 000	−434 000
Financial Income	0	0	0	0
Financial Costs	40 000	42 000	14 000	15 000
Financial Balance	−40 000	−42 000	−14 000	−15 000
Dividends	0	0	0	0
Net Income	317 000	370 000	−208 000	−350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	318 000	416 000	0	0
Total Intangible Assets	346 000	533 000	222 000	163 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	139 000	218 000	172 000	148 000
Total Tangible Assets	139 000	218 000	172 000	148 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	485 000	751 000	394 000	311 000
Stock	474 000	239 000	174 000	134 000
Total Investments	0	0	0	0
Cash, Bank	921 000	588 000	51 000	24 000
Total Current Assets	1 449 000	907 000	231 000	170 000
Total Assets	1 934 000	1 659 000	625 000	481 000
Total Equity	781 000	464 000	−586 000	−378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	517 000	567 000	0	0
Creditors	34 000	21 000	16 000	24 000
Unpaid Taxes	268 000	287 000	161 000	65 000
Dividends	0	0	0	0
Other Current Debt	334 000	320 000	855 000	617 000
Total Current Debt	636 000	628 000	1 211 000	859 000
Total Equity and Debt	1 934 000	1 659 000	625 000	481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,59 %	79,74 %	35,49 %	92,59 %
Debt-to-Equity Ratio	0,66	1,22	−0	−0
Operating Profit Margin	8,33 %	10,8 %	−12,51 %	−42,42 %
Current Ratio	2,28	1,44	0,19	0,2
Quick Ratio	8,94	2,33	0,22	0,23
Equity Ratio	0,4	0,28	−0,94	−0,79
Gross Profit Margin	89,33 %	90,39 %	89,03 %	92,28 %