FROST FRISØR AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

103,59 %

Current Ratio

1,16

Debt-to-Equity Ratio

1,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 884 000	6 117 000	4 407 000	3 726 000
Net Income	202 000	149 000	639 000	14 000
Total Assets	2 641 000	2 240 000	2 314 000	1 449 000
Total Equity	195 000	243 000	94 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 884 000	6 117 000	4 407 000	3 726 000
Expenditure	7 589 000	5 878 000	3 595 000	3 674 000
Operating Profit	296 000	240 000	812 000	53 000
Financial Income	3 000	2 000	0	3 000
Financial Costs	37 000	50 000	49 000	42 000
Financial Balance	−34 000	−48 000	−49 000	−39 000
Earnings Before Tax	261 000	192 000	763 000	14 000
Tax	58 000	43 000	124 000	0
Net Income	202 000	149 000	639 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	321 000	205 000	247 000
Total Current Assets	2 419 000	1 919 000	2 109 000	1 202 000
Total Assets	2 641 000	2 240 000	2 314 000	1 449 000
Total Retained Equity	165 000	213 000	64 000	64 000
Total Equity	195 000	243 000	94 000	94 000
Total Long-Term Debt	361 000	618 000	876 000	733 000
Total Current Debt	2 085 000	1 379 000	1 344 000	621 000
Total Equity and Debt	2 641 000	2 240 000	2 314 000	1 449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 858 000	6 117 000	4 296 000	3 717 000
Other Income	27 000	0	111 000	9 000
Revenue	7 884 000	6 117 000	4 407 000	3 726 000
Cost of Goods Sold	870 000	850 000	496 000	500 000
Salary Costs	5 353 000	3 972 000	2 206 000	2 270 000
Depreciation	62 000	51 000	66 000	53 000
Impairment	0	0	0	0
Expenditure	7 589 000	5 878 000	3 595 000	3 674 000
Operating Profit	296 000	240 000	812 000	53 000
Financial Income	3 000	2 000	0	3 000
Financial Costs	37 000	50 000	49 000	42 000
Financial Balance	−34 000	−48 000	−49 000	−39 000
Dividends	250 000	0	639 000	0
Net Income	202 000	149 000	639 000	14 000

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	169 000	231 000	205 000	247 000
Total Tangible Assets	169 000	231 000	205 000	247 000
Total Fiancial Fixed Assets	53 000	90 000	0	0
Total Fixed Assets	221 000	321 000	205 000	247 000
Stock	670 000	447 000	499 000	315 000
Total Investments	0	0	0	0
Cash, Bank	1 618 000	1 382 000	1 551 000	862 000
Total Current Assets	2 419 000	1 919 000	2 109 000	1 202 000
Total Assets	2 641 000	2 240 000	2 314 000	1 449 000
Total Equity	195 000	243 000	94 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	361 000	618 000	876 000	733 000
Creditors	69 000	77 000	19 000	105 000
Unpaid Taxes	574 000	426 000	277 000	259 000
Dividends	250 000	0	639 000	0
Other Current Debt	1 133 000	833 000	284 000	249 000
Total Current Debt	2 085 000	1 379 000	1 344 000	621 000
Total Equity and Debt	2 641 000	2 240 000	2 314 000	1 449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,59 %	61,32 %	679,79 %	14,89 %
Debt-to-Equity Ratio	1,85	2,54	9,32	7,8
Operating Profit Margin	3,75 %	3,92 %	18,43 %	1,42 %
Current Ratio	1,16	1,39	1,57	1,94
Quick Ratio	1,71	2,06	2,5	3,93
Equity Ratio	0,07	0,11	0,04	0,06
Gross Profit Margin	88,96 %	86,1 %	88,75 %	86,58 %