TWINS FRISØR AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

172,73 %

Current Ratio

7,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	267 000	350 000	126 000
Net Income	114 000	37 000	−109 000
Total Assets	76 000	355 000	76 000
Total Equity	66 000	−48 000	−85 000

Income (NOK)	2022	2021	2020
Revenue	267 000	350 000	126 000
Expenditure	142 000	313 000	236 000
Operating Profit	124 000	37 000	−109 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	124 000	37 000	−109 000
Tax	10 000	0	0
Net Income	114 000	37 000	−109 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	76 000	355 000	76 000
Total Assets	76 000	355 000	76 000
Total Retained Equity	42 000	−72 000	−109 000
Total Equity	66 000	−48 000	−85 000
Total Long-Term Debt	0	0	0
Total Current Debt	10 000	403 000	161 000
Total Equity and Debt	76 000	355 000	76 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	216 000	126 000
Other Income	267 000	133 000	0
Revenue	267 000	350 000	126 000
Cost of Goods Sold	0	32 000	15 000
Salary Costs	105 000	156 000	29 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	142 000	313 000	236 000
Operating Profit	124 000	37 000	−109 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	114 000	37 000	−109 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	31 000	26 000	35 000
Total Investments	0	0	0
Cash, Bank	29 000	328 000	30 000
Total Current Assets	76 000	355 000	76 000
Total Assets	76 000	355 000	76 000
Total Equity	66 000	−48 000	−85 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	13 000	65 000
Unpaid Taxes	0	34 000	0
Dividends	0	0	0
Other Current Debt	0	355 000	96 000
Total Current Debt	10 000	403 000	161 000
Total Equity and Debt	76 000	355 000	76 000

Financial indicators	2022	2021	2020
Return on Equity	172,73 %	−77,08 %	128,24 %
Debt-to-Equity Ratio	0	−0	−0
Operating Profit Margin	46,44 %	10,57 %	−86,51 %
Current Ratio	7,6	0,88	0,47
Quick Ratio	−3,62	0,94	0,6
Equity Ratio	0,87	−0,14	−1,12
Gross Profit Margin	100 %	90,86 %	88,1 %