PITINGS FRISØR AS

6200 STRANDA

Finances

Share Ownership

Return on Equity

141,22 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 501 000	4 561 000	4 161 000	3 792 000
Net Income	185 000	502 000	544 000	352 000
Total Assets	1 101 000	1 552 000	1 545 000	1 197 000
Total Equity	131 000	147 000	645 000	101 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 501 000	4 561 000	4 161 000	3 792 000
Expenditure	4 268 000	3 922 000	3 464 000	3 342 000
Operating Profit	233 000	640 000	697 000	449 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	3 000	3 000	3 000	3 000
Earnings Before Tax	236 000	643 000	699 000	452 000
Tax	52 000	141 000	156 000	100 000
Net Income	185 000	502 000	544 000	352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	6 000	10 000	20 000
Total Current Assets	1 098 000	1 546 000	1 536 000	1 177 000
Total Assets	1 101 000	1 552 000	1 545 000	1 197 000
Total Retained Equity	101 000	117 000	615 000	71 000
Total Equity	131 000	147 000	645 000	101 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	969 000	1 405 000	901 000	1 096 000
Total Equity and Debt	1 101 000	1 552 000	1 545 000	1 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 499 000	4 559 000	4 109 000	3 790 000
Other Income	2 000	2 000	52 000	2 000
Revenue	4 501 000	4 561 000	4 161 000	3 792 000
Cost of Goods Sold	356 000	277 000	300 000	337 000
Salary Costs	2 605 000	2 506 000	2 213 000	2 040 000
Depreciation	4 000	4 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	4 268 000	3 922 000	3 464 000	3 342 000
Operating Profit	233 000	640 000	697 000	449 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	0	0	0	0
Financial Balance	3 000	3 000	3 000	3 000
Dividends	200 000	500 000	0	350 000
Net Income	185 000	502 000	544 000	352 000

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	2 000	6 000	10 000	20 000
Total Tangible Assets	2 000	6 000	10 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 000	6 000	10 000	20 000
Stock	352 000	354 000	230 000	223 000
Total Investments	0	0	0	0
Cash, Bank	662 000	1 075 000	1 265 000	928 000
Total Current Assets	1 098 000	1 546 000	1 536 000	1 177 000
Total Assets	1 101 000	1 552 000	1 545 000	1 197 000
Total Equity	131 000	147 000	645 000	101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	122 000	99 000	104 000	119 000
Unpaid Taxes	138 000	153 000	155 000	119 000
Dividends	200 000	500 000	0	350 000
Other Current Debt	458 000	512 000	486 000	408 000
Total Current Debt	969 000	1 405 000	901 000	1 096 000
Total Equity and Debt	1 101 000	1 552 000	1 545 000	1 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	141,22 %	341,5 %	84,34 %	348,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,18 %	14,03 %	16,75 %	11,84 %
Current Ratio	1,13	1,1	1,7	1,07
Quick Ratio	1,78	1,47	2,29	1,35
Equity Ratio	0,12	0,09	0,42	0,08
Gross Profit Margin	92,09 %	93,93 %	92,79 %	91,11 %