ART FRISØRSALONG AS

8656 MOSJØEN

Finances

Share Ownership

Return on Equity

20,4 %

Current Ratio

2,46

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 639 000	1 685 000	1 597 000	1 680 000
Net Income	92 000	45 000	65 000	−16 000
Total Assets	874 000	778 000	800 000	536 000
Total Equity	451 000	359 000	314 000	249 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 639 000	1 685 000	1 597 000	1 680 000
Expenditure	1 510 000	1 614 000	1 507 000	1 696 000
Operating Profit	128 000	71 000	88 000	−17 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	11 000	13 000	7 000	0
Financial Balance	−10 000	−13 000	−6 000	1 000
Earnings Before Tax	118 000	58 000	82 000	−16 000
Tax	26 000	13 000	17 000	0
Net Income	92 000	45 000	65 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 000	170 000	8 000	17 000
Total Current Assets	728 000	608 000	792 000	519 000
Total Assets	874 000	778 000	800 000	536 000
Total Retained Equity	349 000	257 000	212 000	147 000
Total Equity	451 000	359 000	314 000	249 000
Total Long-Term Debt	127 000	165 000	200 000	0
Total Current Debt	296 000	255 000	286 000	288 000
Total Equity and Debt	874 000	778 000	800 000	536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 639 000	1 685 000	1 567 000	1 680 000
Other Income	0	0	30 000	0
Revenue	1 639 000	1 685 000	1 597 000	1 680 000
Cost of Goods Sold	177 000	153 000	135 000	143 000
Salary Costs	1 049 000	1 097 000	1 040 000	1 184 000
Depreciation	24 000	23 000	9 000	18 000
Impairment	0	0	0	0
Expenditure	1 510 000	1 614 000	1 507 000	1 696 000
Operating Profit	128 000	71 000	88 000	−17 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	11 000	13 000	7 000	0
Financial Balance	−10 000	−13 000	−6 000	1 000
Dividends	0	0	0	0
Net Income	92 000	45 000	65 000	−16 000

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	13 000	21 000	8 000	17 000
Fixtures	133 000	149 000	0	0
Total Tangible Assets	146 000	170 000	8 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	146 000	170 000	8 000	17 000
Stock	202 000	164 000	151 000	132 000
Total Investments	0	0	0	0
Cash, Bank	517 000	440 000	639 000	387 000
Total Current Assets	728 000	608 000	792 000	519 000
Total Assets	874 000	778 000	800 000	536 000
Total Equity	451 000	359 000	314 000	249 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	127 000	165 000	200 000	0
Creditors	21 000	12 000	12 000	22 000
Unpaid Taxes	116 000	106 000	126 000	130 000
Dividends	0	0	0	0
Other Current Debt	133 000	123 000	131 000	136 000
Total Current Debt	296 000	255 000	286 000	288 000
Total Equity and Debt	874 000	778 000	800 000	536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,4 %	12,53 %	20,7 %	−6,43 %
Debt-to-Equity Ratio	0,28	0,46	0,64	0
Operating Profit Margin	7,81 %	4,21 %	5,51 %	−1,01 %
Current Ratio	2,46	2,38	2,77	1,8
Quick Ratio	7,74	6,68	5,87	3,33
Equity Ratio	0,52	0,46	0,39	0,46
Gross Profit Margin	89,2 %	90,92 %	91,55 %	91,49 %