STORFJORD FRISØRTJENESTER AS

9046 OTEREN

Finances

Share Ownership

Return on Equity

31,06 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 719 000	1 677 000	1 577 000	1 376 000
Net Income	82 000	−3 000	36 000	−91 000
Total Assets	570 000	490 000	543 000	461 000
Total Equity	264 000	232 000	235 000	199 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 719 000	1 677 000	1 577 000	1 376 000
Expenditure	1 637 000	1 680 000	1 540 000	1 466 000
Operating Profit	82 000	−3 000	37 000	−90 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	82 000	−3 000	36 000	−91 000
Tax	0	0	0	0
Net Income	82 000	−3 000	36 000	−91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	28 000	36 000	20 000
Total Current Assets	550 000	462 000	507 000	441 000
Total Assets	570 000	490 000	543 000	461 000
Total Retained Equity	234 000	202 000	205 000	169 000
Total Equity	264 000	232 000	235 000	199 000
Total Long-Term Debt	0	0	50 000	50 000
Total Current Debt	306 000	258 000	258 000	212 000
Total Equity and Debt	570 000	490 000	543 000	461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 719 000	1 677 000	1 561 000	1 376 000
Other Income	0	0	16 000	0
Revenue	1 719 000	1 677 000	1 577 000	1 376 000
Cost of Goods Sold	212 000	236 000	225 000	203 000
Salary Costs	1 157 000	1 185 000	961 000	980 000
Depreciation	8 000	8 000	24 000	40 000
Impairment	0	0	0	0
Expenditure	1 637 000	1 680 000	1 540 000	1 466 000
Operating Profit	82 000	−3 000	37 000	−90 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	50 000	0	0	0
Net Income	82 000	−3 000	36 000	−91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	13 000
Total Intangible Assets	0	0	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	28 000	36 000	7 000
Total Tangible Assets	20 000	28 000	36 000	7 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	28 000	36 000	20 000
Stock	170 000	186 000	213 000	223 000
Total Investments	0	0	0	0
Cash, Bank	371 000	260 000	259 000	216 000
Total Current Assets	550 000	462 000	507 000	441 000
Total Assets	570 000	490 000	543 000	461 000
Total Equity	264 000	232 000	235 000	199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	50 000	50 000
Creditors	21 000	21 000	27 000	47 000
Unpaid Taxes	120 000	115 000	113 000	84 000
Dividends	50 000	0	0	0
Other Current Debt	115 000	122 000	119 000	81 000
Total Current Debt	306 000	258 000	258 000	212 000
Total Equity and Debt	570 000	490 000	543 000	461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,06 %	−1,29 %	15,32 %	−45,73 %
Debt-to-Equity Ratio	0	0	0,21	0,25
Operating Profit Margin	4,77 %	−0,18 %	2,35 %	−6,54 %
Current Ratio	1,8	1,79	1,97	2,08
Quick Ratio	4,04	6,42	11,27	−40,09
Equity Ratio	0,46	0,47	0,43	0,43
Gross Profit Margin	87,67 %	85,93 %	85,73 %	85,25 %