SVINGEN FRISØR AS

6683 VÅGLAND

Finances

Share Ownership

Return on Equity

−47,62 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 189 000	1 292 000	1 025 000	913 000
Net Income	−70 000	168 000	−61 000	50 000
Total Assets	363 000	430 000	266 000	237 000
Total Equity	147 000	217 000	64 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 189 000	1 292 000	1 025 000	913 000
Expenditure	1 260 000	1 099 000	1 099 000	843 000
Operating Profit	−71 000	193 000	−73 000	69 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	5 000
Financial Balance	0	0	−1 000	−5 000
Earnings Before Tax	−70 000	192 000	−74 000	65 000
Tax	0	25 000	−13 000	14 000
Net Income	−70 000	168 000	−61 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	55 000	72 000	90 000
Total Current Assets	325 000	374 000	194 000	147 000
Total Assets	363 000	430 000	266 000	237 000
Total Retained Equity	97 000	167 000	14 000	74 000
Total Equity	147 000	217 000	64 000	124 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	217 000	213 000	202 000	113 000
Total Equity and Debt	363 000	430 000	266 000	237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	55 000	19 000	44 000
Other Income	1 189 000	1 237 000	1 006 000	869 000
Revenue	1 189 000	1 292 000	1 025 000	913 000
Cost of Goods Sold	129 000	107 000	79 000	88 000
Salary Costs	947 000	817 000	834 000	560 000
Depreciation	17 000	17 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	1 260 000	1 099 000	1 099 000	843 000
Operating Profit	−71 000	193 000	−73 000	69 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	5 000
Financial Balance	0	0	−1 000	−5 000
Dividends	0	0	0	0
Net Income	−70 000	168 000	−61 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	55 000	72 000	89 000
Total Tangible Assets	38 000	55 000	72 000	89 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	55 000	72 000	90 000
Stock	94 000	89 000	53 000	55 000
Total Investments	0	0	0	0
Cash, Bank	215 000	274 000	125 000	86 000
Total Current Assets	325 000	374 000	194 000	147 000
Total Assets	363 000	430 000	266 000	237 000
Total Equity	147 000	217 000	64 000	124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	44 000	9 000	13 000	11 000
Unpaid Taxes	79 000	83 000	95 000	46 000
Dividends	0	0	0	0
Other Current Debt	93 000	95 000	93 000	56 000
Total Current Debt	217 000	213 000	202 000	113 000
Total Equity and Debt	363 000	430 000	266 000	237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,62 %	77,42 %	−95,31 %	40,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,97 %	14,94 %	−7,12 %	7,56 %
Current Ratio	1,5	1,76	0,96	1,3
Quick Ratio	2,64	3,02	1,3	2,53
Equity Ratio	0,4	0,5	0,24	0,52
Gross Profit Margin	89,15 %	91,72 %	92,29 %	90,36 %