STYLE FRISØR & VELVÆRE AS

3260 LARVIK

Finances

Share Ownership

Return on Equity

9,44 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 562 000	2 979 000	2 609 000	2 041 000
Net Income	22 000	143 000	63 000	138 000
Total Assets	644 000	747 000	723 000	587 000
Total Equity	233 000	210 000	138 000	178 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 562 000	2 979 000	2 609 000	2 041 000
Expenditure	2 523 000	2 794 000	2 522 000	1 857 000
Operating Profit	40 000	186 000	87 000	185 000
Financial Income	0	0	0	0
Financial Costs	11 000	2 000	4 000	7 000
Financial Balance	−11 000	−2 000	−4 000	−7 000
Earnings Before Tax	29 000	184 000	83 000	177 000
Tax	7 000	41 000	20 000	39 000
Net Income	22 000	143 000	63 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 000	42 000	62 000	44 000
Total Current Assets	525 000	706 000	661 000	543 000
Total Assets	644 000	747 000	723 000	587 000
Total Retained Equity	203 000	180 000	108 000	148 000
Total Equity	233 000	210 000	138 000	178 000
Total Long-Term Debt	81 000	18 000	61 000	98 000
Total Current Debt	331 000	519 000	524 000	311 000
Total Equity and Debt	644 000	747 000	723 000	587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 562 000	2 979 000	2 551 000	1 981 000
Other Income	0	0	58 000	60 000
Revenue	2 562 000	2 979 000	2 609 000	2 041 000
Cost of Goods Sold	306 000	354 000	314 000	243 000
Salary Costs	1 571 000	1 762 000	1 628 000	1 143 000
Depreciation	14 000	24 000	32 000	25 000
Impairment	0	0	0	0
Expenditure	2 523 000	2 794 000	2 522 000	1 857 000
Operating Profit	40 000	186 000	87 000	185 000
Financial Income	0	0	0	0
Financial Costs	11 000	2 000	4 000	7 000
Financial Balance	−11 000	−2 000	−4 000	−7 000
Dividends	0	70 000	90 000	0
Net Income	22 000	143 000	63 000	138 000

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	119 000	42 000	65 000	45 000
Total Tangible Assets	119 000	42 000	65 000	45 000
Total Fiancial Fixed Assets	0	0	−4 000	0
Total Fixed Assets	119 000	42 000	62 000	44 000
Stock	115 000	112 000	82 000	55 000
Total Investments	0	0	0	0
Cash, Bank	340 000	443 000	442 000	388 000
Total Current Assets	525 000	706 000	661 000	543 000
Total Assets	644 000	747 000	723 000	587 000
Total Equity	233 000	210 000	138 000	178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	81 000	18 000	61 000	98 000
Creditors	14 000	19 000	17 000	18 000
Unpaid Taxes	130 000	185 000	213 000	129 000
Dividends	0	70 000	90 000	0
Other Current Debt	180 000	203 000	177 000	129 000
Total Current Debt	331 000	519 000	524 000	311 000
Total Equity and Debt	644 000	747 000	723 000	587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,44 %	68,1 %	45,65 %	77,53 %
Debt-to-Equity Ratio	0,35	0,09	0,44	0,55
Operating Profit Margin	1,56 %	6,24 %	3,33 %	9,06 %
Current Ratio	1,59	1,36	1,26	1,75
Quick Ratio	2,43	1,73	1,5	2,12
Equity Ratio	0,36	0,28	0,19	0,3
Gross Profit Margin	88,06 %	88,12 %	87,96 %	88,09 %