CONCORD FRISØR AS

4514 MANDAL

Finances

Share Ownership

Return on Equity

7,81 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 358 000	2 301 000	2 123 000	2 244 000
Net Income	25 000	−87 000	92 000	196 000
Total Assets	658 000	676 000	760 000	687 000
Total Equity	320 000	295 000	382 000	290 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 358 000	2 301 000	2 123 000	2 244 000
Expenditure	2 333 000	2 389 000	2 005 000	1 991 000
Operating Profit	25 000	−87 000	117 000	253 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−2 000
Earnings Before Tax	25 000	−87 000	116 000	251 000
Tax	0	0	24 000	55 000
Net Income	25 000	−87 000	92 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	20 000	25 000	6 000
Total Current Assets	611 000	656 000	735 000	681 000
Total Assets	658 000	676 000	760 000	687 000
Total Retained Equity	120 000	95 000	182 000	90 000
Total Equity	320 000	295 000	382 000	290 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	338 000	381 000	378 000	391 000
Total Equity and Debt	658 000	676 000	760 000	687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 358 000	2 301 000	2 093 000	2 244 000
Other Income	0	0	31 000	0
Revenue	2 358 000	2 301 000	2 123 000	2 244 000
Cost of Goods Sold	201 000	239 000	222 000	139 000
Salary Costs	1 660 000	1 608 000	1 310 000	1 367 000
Depreciation	12 000	6 000	9 000	44 000
Impairment	0	0	0	0
Expenditure	2 333 000	2 389 000	2 005 000	1 991 000
Operating Profit	25 000	−87 000	117 000	253 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	−2 000
Dividends	0	0	0	0
Net Income	25 000	−87 000	92 000	196 000

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	47 000	20 000	25 000	6 000
Total Tangible Assets	47 000	20 000	25 000	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 000	20 000	25 000	6 000
Stock	134 000	110 000	144 000	169 000
Total Investments	0	0	0	0
Cash, Bank	456 000	519 000	564 000	470 000
Total Current Assets	611 000	656 000	735 000	681 000
Total Assets	658 000	676 000	760 000	687 000
Total Equity	320 000	295 000	382 000	290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	18 000	20 000	32 000	32 000
Unpaid Taxes	164 000	194 000	188 000	165 000
Dividends	0	0	0	0
Other Current Debt	156 000	166 000	133 000	138 000
Total Current Debt	338 000	381 000	378 000	391 000
Total Equity and Debt	658 000	676 000	760 000	687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,81 %	−29,49 %	24,08 %	67,59 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	1,06 %	−3,78 %	5,51 %	11,27 %
Current Ratio	1,81	1,72	1,94	1,74
Quick Ratio	3	2,42	3,14	3,07
Equity Ratio	0,49	0,44	0,5	0,42
Gross Profit Margin	91,48 %	89,61 %	89,54 %	93,81 %