ARA FRISØR SALONG AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

69,7 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 777 000	2 822 000	2 746 000	3 418 000
Net Income	69 000	188 000	128 000	−169 000
Total Assets	659 000	522 000	436 000	535 000
Total Equity	99 000	112 000	−14 000	−143 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 777 000	2 822 000	2 746 000	3 418 000
Expenditure	3 688 000	2 597 000	2 579 000	3 632 000
Operating Profit	89 000	239 000	167 000	−216 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	2 000	0
Financial Balance	−1 000	−3 000	−2 000	0
Earnings Before Tax	88 000	236 000	165 000	−216 000
Tax	19 000	48 000	37 000	−47 000
Net Income	69 000	188 000	128 000	−169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	0	14 000	40 000
Total Current Assets	639 000	522 000	422 000	496 000
Total Assets	659 000	522 000	436 000	535 000
Total Retained Equity	69 000	82 000	−44 000	−173 000
Total Equity	99 000	112 000	−14 000	−143 000
Total Long-Term Debt	28 000	28 000	28 000	0
Total Current Debt	532 000	382 000	422 000	678 000
Total Equity and Debt	659 000	522 000	436 000	535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 777 000	2 605 000	2 721 000	3 418 000
Other Income	0	216 000	25 000	0
Revenue	3 777 000	2 822 000	2 746 000	3 418 000
Cost of Goods Sold	51 000	41 000	36 000	65 000
Salary Costs	2 937 000	2 029 000	2 094 000	3 060 000
Depreciation	3 000	14 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	3 688 000	2 597 000	2 579 000	3 632 000
Operating Profit	89 000	239 000	167 000	−216 000
Financial Income	0	0	0	0
Financial Costs	1 000	3 000	2 000	0
Financial Balance	−1 000	−3 000	−2 000	0
Dividends	81 000	62 000	0	0
Net Income	69 000	188 000	128 000	−169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	0	14 000	31 000
Total Tangible Assets	20 000	0	14 000	31 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	0	14 000	40 000
Stock	37 000	37 000	22 000	22 000
Total Investments	0	0	0	0
Cash, Bank	271 000	365 000	330 000	386 000
Total Current Assets	639 000	522 000	422 000	496 000
Total Assets	659 000	522 000	436 000	535 000
Total Equity	99 000	112 000	−14 000	−143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	28 000	28 000	28 000	0
Creditors	0	5 000	36 000	9 000
Unpaid Taxes	211 000	121 000	203 000	418 000
Dividends	81 000	62 000	0	0
Other Current Debt	301 000	146 000	183 000	251 000
Total Current Debt	532 000	382 000	422 000	678 000
Total Equity and Debt	659 000	522 000	436 000	535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,7 %	167,86 %	−914,29 %	118,18 %
Debt-to-Equity Ratio	0,28	0,25	−2	−0
Operating Profit Margin	2,36 %	8,47 %	6,08 %	−6,32 %
Current Ratio	1,2	1,37	1	0,73
Quick Ratio	1,29	1,51	1,06	0,76
Equity Ratio	0,15	0,21	−0,03	−0,27
Gross Profit Margin	98,65 %	98,55 %	98,69 %	98,1 %