KVALA FRISØRTEAM AS

5516 HAUGESUND

Finances

Share Ownership

Return on Equity

47,33 %

Current Ratio

2,98

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 758 000	3 107 000	2 645 000	3 363 000
Net Income	532 000	49 000	75 000	369 000
Total Assets	1 963 000	1 556 000	1 633 000	1 779 000
Total Equity	1 124 000	592 000	543 000	468 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 758 000	3 107 000	2 645 000	3 363 000
Expenditure	3 074 000	3 004 000	2 506 000	2 845 000
Operating Profit	683 000	103 000	140 000	518 000
Financial Income	2 000	0	2 000	3 000
Financial Costs	14 000	16 000	23 000	26 000
Financial Balance	−12 000	−16 000	−21 000	−23 000
Earnings Before Tax	671 000	87 000	119 000	494 000
Tax	139 000	38 000	43 000	125 000
Net Income	532 000	49 000	75 000	369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	11 000	175 000	339 000
Total Current Assets	1 963 000	1 545 000	1 458 000	1 440 000
Total Assets	1 963 000	1 556 000	1 633 000	1 779 000
Total Retained Equity	1 024 000	492 000	443 000	368 000
Total Equity	1 124 000	592 000	543 000	468 000
Total Long-Term Debt	181 000	260 000	337 000	409 000
Total Current Debt	658 000	704 000	753 000	903 000
Total Equity and Debt	1 963 000	1 556 000	1 633 000	1 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 718 000	3 107 000	2 645 000	3 363 000
Other Income	39 000	0	0	0
Revenue	3 758 000	3 107 000	2 645 000	3 363 000
Cost of Goods Sold	344 000	345 000	231 000	312 000
Salary Costs	2 273 000	2 139 000	1 766 000	1 947 000
Depreciation	11 000	164 000	164 000	161 000
Impairment	0	0	0	0
Expenditure	3 074 000	3 004 000	2 506 000	2 845 000
Operating Profit	683 000	103 000	140 000	518 000
Financial Income	2 000	0	2 000	3 000
Financial Costs	14 000	16 000	23 000	26 000
Financial Balance	−12 000	−16 000	−21 000	−23 000
Dividends	0	0	0	300 000
Net Income	532 000	49 000	75 000	369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	160 000	320 000
Total Intangible Assets	0	0	160 000	320 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	11 000	15 000	19 000
Total Tangible Assets	0	11 000	15 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	11 000	175 000	339 000
Stock	171 000	224 000	269 000	285 000
Total Investments	0	0	0	0
Cash, Bank	1 787 000	1 321 000	1 189 000	1 155 000
Total Current Assets	1 963 000	1 545 000	1 458 000	1 440 000
Total Assets	1 963 000	1 556 000	1 633 000	1 779 000
Total Equity	1 124 000	592 000	543 000	468 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	181 000	260 000	337 000	409 000
Creditors	20 000	50 000	36 000	25 000
Unpaid Taxes	239 000	236 000	227 000	214 000
Dividends	0	0	0	300 000
Other Current Debt	261 000	380 000	447 000	239 000
Total Current Debt	658 000	704 000	753 000	903 000
Total Equity and Debt	1 963 000	1 556 000	1 633 000	1 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,33 %	8,28 %	13,81 %	78,85 %
Debt-to-Equity Ratio	0,16	0,44	0,62	0,87
Operating Profit Margin	18,17 %	3,32 %	5,29 %	15,4 %
Current Ratio	2,98	2,19	1,94	1,59
Quick Ratio	4,03	3,22	3,01	2,33
Equity Ratio	0,57	0,38	0,33	0,26
Gross Profit Margin	90,85 %	88,9 %	91,27 %	90,72 %