ARCTIC FRISØR AS

9690 HAVØYSUND

Finances

Share Ownership

Return on Equity

14,84 %

Current Ratio

4,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	691 000	830 000	853 000	903 000
Net Income	69 000	158 000	77 000	94 000
Total Assets	594 000	585 000	430 000	351 000
Total Equity	465 000	396 000	238 000	161 000

Income (NOK)	2022	2021	2020	2019
Revenue	691 000	830 000	853 000	903 000
Expenditure	626 000	628 000	754 000	790 000
Operating Profit	69 000	203 000	99 000	113 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	69 000	203 000	99 000	114 000
Tax	0	45 000	22 000	20 000
Net Income	69 000	158 000	77 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	594 000	585 000	430 000	351 000
Total Assets	594 000	585 000	430 000	351 000
Total Retained Equity	435 000	366 000	208 000	131 000
Total Equity	465 000	396 000	238 000	161 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	129 000	189 000	192 000	190 000
Total Equity and Debt	594 000	585 000	430 000	351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	691 000	830 000	848 000	903 000
Other Income	0	0	5 000	0
Revenue	691 000	830 000	853 000	903 000
Cost of Goods Sold	147 000	122 000	149 000	160 000
Salary Costs	321 000	392 000	512 000	551 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	626 000	628 000	754 000	790 000
Operating Profit	69 000	203 000	99 000	113 000
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	69 000	158 000	77 000	94 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	66 000	61 000	71 000	52 000
Total Investments	0	0	0	0
Cash, Bank	527 000	524 000	359 000	299 000
Total Current Assets	594 000	585 000	430 000	351 000
Total Assets	594 000	585 000	430 000	351 000
Total Equity	465 000	396 000	238 000	161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	3 000	14 000
Unpaid Taxes	40 000	30 000	54 000	58 000
Dividends	0	0	0	0
Other Current Debt	0	113 000	112 000	98 000
Total Current Debt	129 000	189 000	192 000	190 000
Total Equity and Debt	594 000	585 000	430 000	351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,84 %	39,9 %	32,35 %	58,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,99 %	24,46 %	11,61 %	12,51 %
Current Ratio	4,6	3,1	2,24	1,85
Quick Ratio	9,43	4,57	3,55	2,54
Equity Ratio	0,78	0,68	0,55	0,46
Gross Profit Margin	78,73 %	85,3 %	82,53 %	82,28 %