PICASSO.FRISØR.AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

8,35 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 991 000	4 149 000	3 346 000	3 521 000
Net Income	165 000	358 000	174 000	237 000
Total Assets	3 384 000	3 730 000	3 489 000	3 320 000
Total Equity	1 975 000	1 810 000	1 452 000	1 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 991 000	4 149 000	3 346 000	3 521 000
Expenditure	3 747 000	3 659 000	3 086 000	3 163 000
Operating Profit	245 000	491 000	259 000	359 000
Financial Income	0	0	0	1 000
Financial Costs	33 000	32 000	36 000	56 000
Financial Balance	−33 000	−32 000	−36 000	−55 000
Earnings Before Tax	212 000	459 000	223 000	304 000
Tax	47 000	101 000	49 000	67 000
Net Income	165 000	358 000	174 000	237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 123 000	2 194 000	2 272 000	2 357 000
Total Current Assets	1 262 000	1 535 000	1 217 000	964 000
Total Assets	3 384 000	3 730 000	3 489 000	3 320 000
Total Retained Equity	1 873 000	1 708 000	1 350 000	1 176 000
Total Equity	1 975 000	1 810 000	1 452 000	1 278 000
Total Long-Term Debt	320 000	760 000	1 095 000	1 161 000
Total Current Debt	1 089 000	1 160 000	942 000	881 000
Total Equity and Debt	3 384 000	3 730 000	3 489 000	3 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 991 000	4 149 000	3 307 000	3 521 000
Other Income	0	0	39 000	0
Revenue	3 991 000	4 149 000	3 346 000	3 521 000
Cost of Goods Sold	483 000	603 000	509 000	439 000
Salary Costs	2 739 000	2 621 000	2 149 000	2 273 000
Depreciation	72 000	78 000	85 000	93 000
Impairment	0	0	0	0
Expenditure	3 747 000	3 659 000	3 086 000	3 163 000
Operating Profit	245 000	491 000	259 000	359 000
Financial Income	0	0	0	1 000
Financial Costs	33 000	32 000	36 000	56 000
Financial Balance	−33 000	−32 000	−36 000	−55 000
Dividends	0	0	0	0
Net Income	165 000	358 000	174 000	237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 881 000	1 920 000	1 959 000	1 999 000
Machinery and Plant Facilities	195 000	217 000	241 000	268 000
Fixtures	46 000	58 000	72 000	90 000
Total Tangible Assets	2 123 000	2 194 000	2 272 000	2 357 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 123 000	2 194 000	2 272 000	2 357 000
Stock	226 000	224 000	222 000	231 000
Total Investments	0	0	0	0
Cash, Bank	1 012 000	1 300 000	955 000	660 000
Total Current Assets	1 262 000	1 535 000	1 217 000	964 000
Total Assets	3 384 000	3 730 000	3 489 000	3 320 000
Total Equity	1 975 000	1 810 000	1 452 000	1 278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	320 000	760 000	1 095 000	1 161 000
Creditors	38 000	39 000	36 000	27 000
Unpaid Taxes	662 000	673 000	577 000	485 000
Dividends	0	0	0	0
Other Current Debt	342 000	347 000	280 000	302 000
Total Current Debt	1 089 000	1 160 000	942 000	881 000
Total Equity and Debt	3 384 000	3 730 000	3 489 000	3 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,35 %	19,78 %	11,98 %	18,54 %
Debt-to-Equity Ratio	0,16	0,42	0,75	0,91
Operating Profit Margin	6,14 %	11,83 %	7,74 %	10,2 %
Current Ratio	1,16	1,32	1,29	1,09
Quick Ratio	1,46	1,64	1,69	1,48
Equity Ratio	0,58	0,49	0,42	0,38
Gross Profit Margin	87,9 %	85,47 %	84,79 %	87,53 %