STUDIO S FRISØR AS

6884 ØVRE ÅRDAL

Finances

Share Ownership

Return on Equity

6,78 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 733 000	2 616 000	2 363 000	2 352 000
Net Income	50 000	64 000	65 000	134 000
Total Assets	1 336 000	1 371 000	1 372 000	1 029 000
Total Equity	738 000	688 000	624 000	559 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 733 000	2 616 000	2 363 000	2 352 000
Expenditure	2 664 000	2 527 000	2 273 000	2 175 000
Operating Profit	68 000	88 000	90 000	176 000
Financial Income	0	0	0	0
Financial Costs	4 000	7 000	6 000	4 000
Financial Balance	−4 000	−7 000	−6 000	−4 000
Earnings Before Tax	64 000	82 000	83 000	172 000
Tax	14 000	18 000	18 000	38 000
Net Income	50 000	64 000	65 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	166 000	225 000	285 000	344 000
Total Current Assets	1 170 000	1 145 000	1 087 000	685 000
Total Assets	1 336 000	1 371 000	1 372 000	1 029 000
Total Retained Equity	708 000	658 000	594 000	529 000
Total Equity	738 000	688 000	624 000	559 000
Total Long-Term Debt	54 000	153 000	254 000	5 000
Total Current Debt	543 000	529 000	494 000	465 000
Total Equity and Debt	1 336 000	1 371 000	1 372 000	1 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 646 000	2 532 000	2 264 000	2 268 000
Other Income	87 000	84 000	99 000	84 000
Revenue	2 733 000	2 616 000	2 363 000	2 352 000
Cost of Goods Sold	432 000	523 000	360 000	241 000
Salary Costs	1 849 000	1 637 000	1 540 000	1 569 000
Depreciation	59 000	59 000	59 000	59 000
Impairment	0	0	0	0
Expenditure	2 664 000	2 527 000	2 273 000	2 175 000
Operating Profit	68 000	88 000	90 000	176 000
Financial Income	0	0	0	0
Financial Costs	4 000	7 000	6 000	4 000
Financial Balance	−4 000	−7 000	−6 000	−4 000
Dividends	0	0	0	0
Net Income	50 000	64 000	65 000	134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	146 000	198 000	249 000	301 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	28 000	35 000	43 000
Total Tangible Assets	166 000	225 000	285 000	344 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	166 000	225 000	285 000	344 000
Stock	288 000	327 000	395 000	329 000
Total Investments	0	0	0	0
Cash, Bank	868 000	784 000	652 000	337 000
Total Current Assets	1 170 000	1 145 000	1 087 000	685 000
Total Assets	1 336 000	1 371 000	1 372 000	1 029 000
Total Equity	738 000	688 000	624 000	559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 000	153 000	254 000	5 000
Creditors	35 000	58 000	57 000	27 000
Unpaid Taxes	280 000	256 000	237 000	224 000
Dividends	0	0	0	0
Other Current Debt	216 000	197 000	181 000	176 000
Total Current Debt	543 000	529 000	494 000	465 000
Total Equity and Debt	1 336 000	1 371 000	1 372 000	1 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,78 %	9,3 %	10,42 %	23,97 %
Debt-to-Equity Ratio	0,07	0,22	0,41	0,01
Operating Profit Margin	2,49 %	3,36 %	3,81 %	7,48 %
Current Ratio	2,15	2,16	2,2	1,47
Quick Ratio	4,59	5,67	10,98	5,04
Equity Ratio	0,55	0,5	0,45	0,54
Gross Profit Margin	84,19 %	80,01 %	84,77 %	89,75 %