VIRVEL FRISØR AS

0251 OSLO

Finances

Share Ownership

Return on Equity

41,98 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 171 000	3 924 000	3 823 000	4 107 000
Net Income	631 000	210 000	300 000	239 000
Total Assets	3 375 000	2 150 000	2 113 000	2 042 000
Total Equity	1 503 000	1 272 000	1 062 000	962 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 171 000	3 924 000	3 823 000	4 107 000
Expenditure	5 355 000	3 670 000	3 448 000	3 811 000
Operating Profit	815 000	254 000	376 000	298 000
Financial Income	0	0	1 000	4 000
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−1 000	4 000
Earnings Before Tax	816 000	254 000	376 000	301 000
Tax	185 000	44 000	76 000	62 000
Net Income	631 000	210 000	300 000	239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	804 000	916 000	0	9 000
Total Current Assets	2 571 000	1 235 000	2 113 000	2 033 000
Total Assets	3 375 000	2 150 000	2 113 000	2 042 000
Total Retained Equity	1 473 000	1 242 000	1 032 000	932 000
Total Equity	1 503 000	1 272 000	1 062 000	962 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 872 000	878 000	1 051 000	1 080 000
Total Equity and Debt	3 375 000	2 150 000	2 113 000	2 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 164 000	3 924 000	3 771 000	4 107 000
Other Income	7 000	0	51 000	0
Revenue	6 171 000	3 924 000	3 823 000	4 107 000
Cost of Goods Sold	660 000	505 000	437 000	449 000
Salary Costs	3 225 000	2 062 000	1 987 000	2 229 000
Depreciation	112 000	43 000	9 000	27 000
Impairment	0	0	0	0
Expenditure	5 355 000	3 670 000	3 448 000	3 811 000
Operating Profit	815 000	254 000	376 000	298 000
Financial Income	0	0	1 000	4 000
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−1 000	4 000
Dividends	400 000	0	200 000	400 000
Net Income	631 000	210 000	300 000	239 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	352 000	450 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	53 000	68 000	0	9 000
Total Tangible Assets	405 000	517 000	0	9 000
Total Fiancial Fixed Assets	399 000	398 000	0	0
Total Fixed Assets	804 000	916 000	0	9 000
Stock	234 000	165 000	130 000	144 000
Total Investments	0	0	0	0
Cash, Bank	2 294 000	1 026 000	1 950 000	1 815 000
Total Current Assets	2 571 000	1 235 000	2 113 000	2 033 000
Total Assets	3 375 000	2 150 000	2 113 000	2 042 000
Total Equity	1 503 000	1 272 000	1 062 000	962 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	126 000	100 000	101 000	90 000
Unpaid Taxes	513 000	317 000	260 000	324 000
Dividends	400 000	0	200 000	400 000
Other Current Debt	647 000	417 000	415 000	404 000
Total Current Debt	1 872 000	878 000	1 051 000	1 080 000
Total Equity and Debt	3 375 000	2 150 000	2 113 000	2 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,98 %	16,51 %	28,25 %	24,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,21 %	6,47 %	9,84 %	7,26 %
Current Ratio	1,37	1,41	2,01	1,88
Quick Ratio	1,57	1,73	2,29	2,17
Equity Ratio	0,45	0,59	0,5	0,47
Gross Profit Margin	89,3 %	87,13 %	88,57 %	89,07 %