MIN FRISØR LOFOTEN AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

−3,3 %

Current Ratio

1,86

Debt-to-Equity Ratio

3,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 171 000	1 136 000	975 000	945 000
Net Income	−3 000	5 000	57 000	37 000
Total Assets	500 000	571 000	435 000	178 000
Total Equity	91 000	94 000	89 000	32 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 171 000	1 136 000	975 000	945 000
Expenditure	1 165 000	1 129 000	901 000	916 000
Operating Profit	−4 000	7 000	74 000	29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−4 000	7 000	73 000	29 000
Tax	−1 000	2 000	16 000	−8 000
Net Income	−3 000	5 000	57 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	269 000	322 000	207 000	61 000
Total Current Assets	231 000	249 000	228 000	117 000
Total Assets	500 000	571 000	435 000	178 000
Total Retained Equity	61 000	64 000	59 000	2 000
Total Equity	91 000	94 000	89 000	32 000
Total Long-Term Debt	285 000	308 000	0	0
Total Current Debt	124 000	169 000	346 000	146 000
Total Equity and Debt	500 000	571 000	435 000	178 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 171 000	1 086 000	975 000	945 000
Other Income	0	50 000	0	0
Revenue	1 171 000	1 136 000	975 000	945 000
Cost of Goods Sold	82 000	75 000	30 000	45 000
Salary Costs	789 000	779 000	666 000	701 000
Depreciation	53 000	50 000	13 000	8 000
Impairment	0	0	0	0
Expenditure	1 165 000	1 129 000	901 000	916 000
Operating Profit	−4 000	7 000	74 000	29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−3 000	5 000	57 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	16 000
Real Eastate	181 000	197 000	174 000	0
Machinery and Plant Facilities	85 000	122 000	33 000	45 000
Fixtures	0	0	0	0
Total Tangible Assets	266 000	319 000	207 000	45 000
Total Fiancial Fixed Assets	0	3 000	0	0
Total Fixed Assets	269 000	322 000	207 000	61 000
Stock	14 000	25 000	38 000	30 000
Total Investments	0	0	0	0
Cash, Bank	214 000	222 000	191 000	70 000
Total Current Assets	231 000	249 000	228 000	117 000
Total Assets	500 000	571 000	435 000	178 000
Total Equity	91 000	94 000	89 000	32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	285 000	308 000	0	0
Creditors	0	3 000	8 000	1 000
Unpaid Taxes	27 000	80 000	70 000	78 000
Dividends	0	0	0	0
Other Current Debt	94 000	85 000	268 000	67 000
Total Current Debt	124 000	169 000	346 000	146 000
Total Equity and Debt	500 000	571 000	435 000	178 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,3 %	5,32 %	64,04 %	115,63 %
Debt-to-Equity Ratio	3,13	3,28	0	0
Operating Profit Margin	−0,34 %	0,62 %	7,59 %	3,07 %
Current Ratio	1,86	1,47	0,66	0,8
Quick Ratio	2,1	1,73	0,74	1,01
Equity Ratio	0,18	0,16	0,2	0,18
Gross Profit Margin	93 %	93,4 %	96,92 %	95,24 %