FRONT HAIRDESIGN AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

−1,25 %

Current Ratio

15,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 000	1 316 000	1 495 000	1 598 000
Net Income	−24 000	126 000	262 000	201 000
Total Assets	2 015 000	2 102 000	2 179 000	1 929 000
Total Equity	1 918 000	1 942 000	1 750 000	1 488 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 000	1 316 000	1 495 000	1 598 000
Expenditure	25 000	1 203 000	1 166 000	1 333 000
Operating Profit	−4 000	113 000	330 000	265 000
Financial Income	4 000	40 000	6 000	4 000
Financial Costs	24 000	2 000	3 000	3 000
Financial Balance	−20 000	38 000	3 000	1 000
Earnings Before Tax	−24 000	150 000	332 000	266 000
Tax	0	25 000	70 000	65 000
Net Income	−24 000	126 000	262 000	201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	546 000	330 000	70 000	0
Total Current Assets	1 469 000	1 772 000	2 109 000	1 929 000
Total Assets	2 015 000	2 102 000	2 179 000	1 929 000
Total Retained Equity	1 818 000	1 776 000	1 650 000	1 388 000
Total Equity	1 918 000	1 942 000	1 750 000	1 488 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	97 000	160 000	429 000	441 000
Total Equity and Debt	2 015 000	2 102 000	2 179 000	1 929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 000	1 316 000	1 468 000	1 598 000
Other Income	0	0	27 000	0
Revenue	22 000	1 316 000	1 495 000	1 598 000
Cost of Goods Sold	0	257 000	199 000	236 000
Salary Costs	1 000	618 000	623 000	718 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 000	1 203 000	1 166 000	1 333 000
Operating Profit	−4 000	113 000	330 000	265 000
Financial Income	4 000	40 000	6 000	4 000
Financial Costs	24 000	2 000	3 000	3 000
Financial Balance	−20 000	38 000	3 000	1 000
Dividends	0	0	0	0
Net Income	−24 000	126 000	262 000	201 000

Balance details (NOK)	2022	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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	546 000	330 000	70 000	0
Total Fixed Assets	546 000	330 000	70 000	0
Stock	0	0	134 000	174 000
Total Investments	0	0	0	0
Cash, Bank	1 456 000	1 649 000	1 899 000	1 711 000
Total Current Assets	1 469 000	1 772 000	2 109 000	1 929 000
Total Assets	2 015 000	2 102 000	2 179 000	1 929 000
Total Equity	1 918 000	1 942 000	1 750 000	1 488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	9 000	65 000	39 000
Unpaid Taxes	0	1 000	74 000	92 000
Dividends	0	0	0	0
Other Current Debt	97 000	124 000	214 000	225 000
Total Current Debt	97 000	160 000	429 000	441 000
Total Equity and Debt	2 015 000	2 102 000	2 179 000	1 929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,25 %	6,49 %	14,97 %	13,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,18 %	8,59 %	22,07 %	16,58 %
Current Ratio	15,14	11,08	4,92	4,37
Quick Ratio	15,14	11,08	7,15	7,22
Equity Ratio	0,95	0,92	0,8	0,77
Gross Profit Margin	100 %	80,47 %	86,69 %	85,23 %