ØLEN FRISØRSALONG AS

5580 ØLEN

Finances

Share Ownership

Return on Equity

9,09 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 873 000	2 349 000	2 073 000	2 446 000
Net Income	29 000	17 000	−6 000	0
Total Assets	1 015 000	860 000	846 000	896 000
Total Equity	319 000	290 000	493 000	499 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 873 000	2 349 000	2 073 000	2 446 000
Expenditure	2 819 000	2 326 000	2 080 000	2 446 000
Operating Profit	54 000	23 000	−7 000	−1 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	1 000	0
Financial Balance	−7 000	0	−1 000	0
Earnings Before Tax	46 000	23 000	−8 000	−1 000
Tax	17 000	6 000	−2 000	0
Net Income	29 000	17 000	−6 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 000	27 000	35 000	39 000
Total Current Assets	774 000	834 000	810 000	857 000
Total Assets	1 015 000	860 000	846 000	896 000
Total Retained Equity	42 000	13 000	−24 000	−18 000
Total Equity	319 000	290 000	493 000	499 000
Total Long-Term Debt	204 000	0	0	0
Total Current Debt	491 000	570 000	353 000	397 000
Total Equity and Debt	1 015 000	860 000	846 000	896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 873 000	2 349 000	2 047 000	2 446 000
Other Income	0	0	26 000	0
Revenue	2 873 000	2 349 000	2 073 000	2 446 000
Cost of Goods Sold	259 000	353 000	272 000	343 000
Salary Costs	1 925 000	1 544 000	1 414 000	1 659 000
Depreciation	37 000	3 000	6 000	18 000
Impairment	0	0	0	0
Expenditure	2 819 000	2 326 000	2 080 000	2 446 000
Operating Profit	54 000	23 000	−7 000	−1 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	1 000	0
Financial Balance	−7 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	29 000	17 000	−6 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	9 000	15 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	240 000	18 000	20 000	27 000
Total Tangible Assets	240 000	18 000	20 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	240 000	27 000	35 000	39 000
Stock	125 000	100 000	159 000	184 000
Total Investments	0	0	0	0
Cash, Bank	647 000	736 000	648 000	691 000
Total Current Assets	774 000	834 000	810 000	857 000
Total Assets	1 015 000	860 000	846 000	896 000
Total Equity	319 000	290 000	493 000	499 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	204 000	0	0	0
Creditors	59 000	42 000	71 000	84 000
Unpaid Taxes	275 000	183 000	165 000	168 000
Dividends	0	0	0	0
Other Current Debt	150 000	346 000	116 000	145 000
Total Current Debt	491 000	570 000	353 000	397 000
Total Equity and Debt	1 015 000	860 000	846 000	896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,09 %	5,86 %	−1,22 %	0 %
Debt-to-Equity Ratio	0,64	0	0	0
Operating Profit Margin	1,88 %	0,98 %	−0,34 %	−0,04 %
Current Ratio	1,58	1,46	2,29	2,16
Quick Ratio	2,11	1,77	4,18	4,02
Equity Ratio	0,31	0,34	0,58	0,56
Gross Profit Margin	90,99 %	84,97 %	86,88 %	85,98 %