MYNTE FRISØRER AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

6,49 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 348 000	4 959 000	4 971 000	5 004 000
Net Income	54 000	402 000	191 000	224 000
Total Assets	2 020 000	2 009 000	1 795 000	1 721 000
Total Equity	832 000	777 000	676 000	485 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 348 000	4 959 000	4 971 000	5 004 000
Expenditure	5 276 000	4 443 000	4 724 000	4 713 000
Operating Profit	71 000	515 000	247 000	292 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	5 000
Financial Balance	0	0	1 000	−3 000
Earnings Before Tax	71 000	515 000	247 000	288 000
Tax	17 000	113 000	57 000	65 000
Net Income	54 000	402 000	191 000	224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	18 000	29 000	41 000
Total Current Assets	2 010 000	1 991 000	1 766 000	1 680 000
Total Assets	2 020 000	2 009 000	1 795 000	1 721 000
Total Retained Equity	807 000	753 000	651 000	461 000
Total Equity	832 000	777 000	676 000	485 000
Total Long-Term Debt	0	0	1 000	0
Total Current Debt	1 188 000	1 232 000	1 118 000	1 236 000
Total Equity and Debt	2 020 000	2 009 000	1 795 000	1 721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 298 000	4 903 000	4 862 000	4 932 000
Other Income	49 000	56 000	109 000	72 000
Revenue	5 348 000	4 959 000	4 971 000	5 004 000
Cost of Goods Sold	720 000	701 000	704 000	586 000
Salary Costs	3 849 000	3 129 000	3 274 000	3 326 000
Depreciation	8 000	11 000	11 000	16 000
Impairment	0	0	0	0
Expenditure	5 276 000	4 443 000	4 724 000	4 713 000
Operating Profit	71 000	515 000	247 000	292 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	5 000
Financial Balance	0	0	1 000	−3 000
Dividends	0	300 000	0	0
Net Income	54 000	402 000	191 000	224 000

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	10 000	18 000	29 000	41 000
Total Tangible Assets	10 000	18 000	29 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	18 000	29 000	41 000
Stock	504 000	412 000	330 000	271 000
Total Investments	0	0	0	0
Cash, Bank	1 434 000	1 521 000	1 351 000	1 304 000
Total Current Assets	2 010 000	1 991 000	1 766 000	1 680 000
Total Assets	2 020 000	2 009 000	1 795 000	1 721 000
Total Equity	832 000	777 000	676 000	485 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	0
Creditors	87 000	39 000	44 000	81 000
Unpaid Taxes	412 000	413 000	401 000	441 000
Dividends	0	300 000	0	0
Other Current Debt	672 000	665 000	617 000	649 000
Total Current Debt	1 188 000	1 232 000	1 118 000	1 236 000
Total Equity and Debt	2 020 000	2 009 000	1 795 000	1 721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,49 %	51,74 %	28,25 %	46,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,33 %	10,39 %	4,97 %	5,84 %
Current Ratio	1,69	1,62	1,58	1,36
Quick Ratio	2,94	2,43	2,24	1,74
Equity Ratio	0,41	0,39	0,38	0,28
Gross Profit Margin	86,54 %	85,86 %	85,84 %	88,29 %