SALONG NO. 11 AS

7236 HOVIN I GAULDAL

Finances

Share Ownership

Return on Equity

23,26 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	929 000	904 000	979 000	1 211 000
Net Income	30 000	13 000	67 000	−59 000
Total Assets	347 000	292 000	387 000	428 000
Total Equity	129 000	99 000	86 000	79 000

Income (NOK)	2022	2021	2020	2019
Revenue	929 000	904 000	979 000	1 211 000
Expenditure	893 000	891 000	894 000	1 266 000
Operating Profit	36 000	13 000	85 000	−55 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	36 000	13 000	85 000	−55 000
Tax	6 000	0	17 000	3 000
Net Income	30 000	13 000	67 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	37 000
Total Current Assets	347 000	292 000	387 000	391 000
Total Assets	347 000	292 000	387 000	428 000
Total Retained Equity	99 000	69 000	56 000	49 000
Total Equity	129 000	99 000	86 000	79 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	218 000	193 000	301 000	349 000
Total Equity and Debt	347 000	292 000	387 000	428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	919 000	884 000	943 000	1 211 000
Other Income	10 000	20 000	36 000	0
Revenue	929 000	904 000	979 000	1 211 000
Cost of Goods Sold	102 000	111 000	99 000	172 000
Salary Costs	583 000	579 000	570 000	805 000
Depreciation	0	0	37 000	50 000
Impairment	0	0	0	0
Expenditure	893 000	891 000	894 000	1 266 000
Operating Profit	36 000	13 000	85 000	−55 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	60 000	0
Net Income	30 000	13 000	67 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	37 000
Total Intangible Assets	0	0	0	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	37 000
Stock	62 000	50 000	27 000	39 000
Total Investments	0	0	0	0
Cash, Bank	285 000	242 000	359 000	352 000
Total Current Assets	347 000	292 000	387 000	391 000
Total Assets	347 000	292 000	387 000	428 000
Total Equity	129 000	99 000	86 000	79 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	10 000	49 000	22 000
Unpaid Taxes	83 000	66 000	60 000	94 000
Dividends	0	0	60 000	0
Other Current Debt	109 000	117 000	114 000	234 000
Total Current Debt	218 000	193 000	301 000	349 000
Total Equity and Debt	347 000	292 000	387 000	428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,26 %	13,13 %	77,91 %	−74,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,88 %	1,44 %	8,68 %	−4,54 %
Current Ratio	1,59	1,51	1,29	1,12
Quick Ratio	2,22	2,04	1,41	1,26
Equity Ratio	0,37	0,34	0,22	0,18
Gross Profit Margin	89,02 %	87,72 %	89,89 %	85,8 %