FRONTIER FRISØR AS

4250 KOPERVIK

Finances

Share Ownership

Return on Equity

−59,42 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 748 000	1 673 000	1 434 000	1 527 000
Net Income	−41 000	−81 000	100 000	−25 000
Total Assets	432 000	411 000	483 000	298 000
Total Equity	69 000	109 000	190 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 748 000	1 673 000	1 434 000	1 527 000
Expenditure	1 801 000	1 776 000	1 304 000	1 558 000
Operating Profit	−52 000	−103 000	130 000	−31 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−52 000	−103 000	129 000	−32 000
Tax	−11 000	−23 000	28 000	−7 000
Net Income	−41 000	−81 000	100 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	44 000	36 000	58 000
Total Current Assets	389 000	367 000	447 000	239 000
Total Assets	432 000	411 000	483 000	298 000
Total Retained Equity	39 000	79 000	160 000	59 000
Total Equity	69 000	109 000	190 000	89 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	364 000	302 000	293 000	208 000
Total Equity and Debt	432 000	411 000	483 000	298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 745 000	1 622 000	1 411 000	1 527 000
Other Income	3 000	51 000	23 000	0
Revenue	1 748 000	1 673 000	1 434 000	1 527 000
Cost of Goods Sold	167 000	250 000	176 000	184 000
Salary Costs	1 318 000	1 188 000	792 000	985 000
Depreciation	13 000	14 000	20 000	27 000
Impairment	0	0	0	0
Expenditure	1 801 000	1 776 000	1 304 000	1 558 000
Operating Profit	−52 000	−103 000	130 000	−31 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−41 000	−81 000	100 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	26 000	3 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	18 000	33 000	53 000
Total Tangible Assets	6 000	18 000	33 000	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	44 000	36 000	58 000
Stock	138 000	118 000	172 000	170 000
Total Investments	0	0	0	0
Cash, Bank	245 000	198 000	272 000	66 000
Total Current Assets	389 000	367 000	447 000	239 000
Total Assets	432 000	411 000	483 000	298 000
Total Equity	69 000	109 000	190 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	21 000	4 000	0
Unpaid Taxes	215 000	160 000	155 000	90 000
Dividends	0	0	0	0
Other Current Debt	130 000	121 000	108 000	119 000
Total Current Debt	364 000	302 000	293 000	208 000
Total Equity and Debt	432 000	411 000	483 000	298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,42 %	−74,31 %	52,63 %	−28,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,97 %	−6,16 %	9,07 %	−2,03 %
Current Ratio	1,07	1,22	1,53	1,15
Quick Ratio	1,72	1,99	3,69	6,29
Equity Ratio	0,16	0,27	0,39	0,3
Gross Profit Margin	90,45 %	85,06 %	87,73 %	87,95 %