SMESTAD FRISØR AS

2624 LILLEHAMMER

Finances

Share Ownership

Return on Equity

17,09 %

Current Ratio

3,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 319 000	2 189 000	1 907 000	1 923 000
Net Income	127 000	153 000	165 000	184 000
Total Assets	1 097 000	1 047 000	925 000	728 000
Total Equity	743 000	776 000	624 000	458 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 319 000	2 189 000	1 907 000	1 923 000
Expenditure	2 156 000	1 994 000	1 696 000	1 687 000
Operating Profit	163 000	196 000	212 000	236 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	163 000	196 000	212 000	236 000
Tax	36 000	43 000	47 000	52 000
Net Income	127 000	153 000	165 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	18 000	33 000	49 000
Total Current Assets	1 094 000	1 030 000	891 000	679 000
Total Assets	1 097 000	1 047 000	925 000	728 000
Total Retained Equity	643 000	676 000	524 000	358 000
Total Equity	743 000	776 000	624 000	458 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	354 000	271 000	301 000	270 000
Total Equity and Debt	1 097 000	1 047 000	925 000	728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 319 000	2 189 000	1 877 000	1 923 000
Other Income	0	0	31 000	0
Revenue	2 319 000	2 189 000	1 907 000	1 923 000
Cost of Goods Sold	185 000	190 000	148 000	135 000
Salary Costs	1 319 000	1 164 000	946 000	974 000
Depreciation	13 000	18 000	18 000	23 000
Impairment	0	0	0	0
Expenditure	2 156 000	1 994 000	1 696 000	1 687 000
Operating Profit	163 000	196 000	212 000	236 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	127 000	153 000	165 000	184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	13 000	31 000	49 000
Total Intangible Assets	3 000	18 000	33 000	49 000
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	0	0	0	0
Total Fixed Assets	3 000	18 000	33 000	49 000
Stock	105 000	110 000	112 000	70 000
Total Investments	0	0	0	0
Cash, Bank	991 000	919 000	777 000	608 000
Total Current Assets	1 094 000	1 030 000	891 000	679 000
Total Assets	1 097 000	1 047 000	925 000	728 000
Total Equity	743 000	776 000	624 000	458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	12 000	19 000	10 000
Unpaid Taxes	151 000	78 000	127 000	117 000
Dividends	0	0	0	0
Other Current Debt	148 000	135 000	106 000	89 000
Total Current Debt	354 000	271 000	301 000	270 000
Total Equity and Debt	1 097 000	1 047 000	925 000	728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,09 %	19,72 %	26,44 %	40,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,03 %	8,95 %	11,12 %	12,27 %
Current Ratio	3,09	3,8	2,96	2,51
Quick Ratio	4,39	6,4	4,71	3,4
Equity Ratio	0,68	0,74	0,67	0,63
Gross Profit Margin	92,02 %	91,32 %	92,24 %	92,98 %