STUDIO M FRISØR AS

2615 LILLEHAMMER

Finances

Share Ownership

Return on Equity

28,61 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 005 000	4 813 000	3 705 000	3 159 000
Net Income	224 000	167 000	55 000	84 000
Total Assets	1 738 000	1 504 000	1 350 000	1 319 000
Total Equity	783 000	569 000	401 000	346 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 005 000	4 813 000	3 705 000	3 159 000
Expenditure	4 719 000	4 590 000	3 617 000	3 031 000
Operating Profit	287 000	223 000	88 000	129 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	1 000	8 000	17 000	23 000
Financial Balance	2 000	−7 000	−16 000	−21 000
Earnings Before Tax	289 000	216 000	73 000	108 000
Tax	64 000	48 000	17 000	24 000
Net Income	224 000	167 000	55 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	32 000	99 000	175 000
Total Current Assets	1 574 000	1 472 000	1 251 000	1 145 000
Total Assets	1 738 000	1 504 000	1 350 000	1 319 000
Total Retained Equity	753 000	539 000	371 000	316 000
Total Equity	783 000	569 000	401 000	346 000
Total Long-Term Debt	0	121 000	298 000	420 000
Total Current Debt	955 000	814 000	651 000	553 000
Total Equity and Debt	1 738 000	1 504 000	1 350 000	1 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 005 000	4 813 000	3 678 000	3 159 000
Other Income	0	0	27 000	0
Revenue	5 005 000	4 813 000	3 705 000	3 159 000
Cost of Goods Sold	766 000	881 000	696 000	523 000
Salary Costs	3 199 000	2 982 000	2 202 000	1 794 000
Depreciation	42 000	66 000	75 000	91 000
Impairment	0	0	0	0
Expenditure	4 719 000	4 590 000	3 617 000	3 031 000
Operating Profit	287 000	223 000	88 000	129 000
Financial Income	3 000	1 000	1 000	2 000
Financial Costs	1 000	8 000	17 000	23 000
Financial Balance	2 000	−7 000	−16 000	−21 000
Dividends	10 000	0	0	0
Net Income	224 000	167 000	55 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	7 000	7 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	130 000	0	0	0
Fixtures	32 000	26 000	92 000	166 000
Total Tangible Assets	163 000	26 000	92 000	166 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	163 000	32 000	99 000	175 000
Stock	181 000	245 000	230 000	199 000
Total Investments	0	0	0	0
Cash, Bank	1 318 000	1 202 000	985 000	932 000
Total Current Assets	1 574 000	1 472 000	1 251 000	1 145 000
Total Assets	1 738 000	1 504 000	1 350 000	1 319 000
Total Equity	783 000	569 000	401 000	346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	121 000	298 000	420 000
Creditors	128 000	66 000	106 000	80 000
Unpaid Taxes	391 000	362 000	265 000	225 000
Dividends	10 000	0	0	0
Other Current Debt	368 000	339 000	264 000	222 000
Total Current Debt	955 000	814 000	651 000	553 000
Total Equity and Debt	1 738 000	1 504 000	1 350 000	1 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,61 %	29,35 %	13,72 %	24,28 %
Debt-to-Equity Ratio	0	0,21	0,74	1,21
Operating Profit Margin	5,73 %	4,63 %	2,38 %	4,08 %
Current Ratio	1,65	1,81	1,92	2,07
Quick Ratio	2,03	2,59	2,97	3,23
Equity Ratio	0,45	0,38	0,3	0,26
Gross Profit Margin	84,7 %	81,7 %	81,21 %	83,44 %