CALIFORNIA NAILS AS

5580 ØLEN

Finances

Share Ownership

Return on Equity

50,37 %

Current Ratio

1,72

Debt-to-Equity Ratio

−1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	341 000	393 000	32 000	831 000
Net Income	−136 000	−10 000	−42 000	8 000
Total Assets	91 000	107 000	53 000	90 000
Total Equity	−270 000	−134 000	−124 000	−81 000

Income (NOK)	2022	2021	2020	2019
Revenue	341 000	393 000	32 000	831 000
Expenditure	476 000	400 000	73 000	822 000
Operating Profit	−136 000	−7 000	−42 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	0	1 000
Financial Balance	0	−3 000	0	−1 000
Earnings Before Tax	−136 000	−10 000	−42 000	8 000
Tax	0	0	0	0
Net Income	−136 000	−10 000	−42 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	20 000	0	0
Total Current Assets	81 000	88 000	53 000	90 000
Total Assets	91 000	107 000	53 000	90 000
Total Retained Equity	−300 000	−164 000	−154 000	−161 000
Total Equity	−270 000	−134 000	−124 000	−81 000
Total Long-Term Debt	314 000	0	0	0
Total Current Debt	47 000	241 000	177 000	171 000
Total Equity and Debt	91 000	107 000	53 000	90 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	341 000	393 000	32 000	831 000
Other Income	0	0	0	0
Revenue	341 000	393 000	32 000	831 000
Cost of Goods Sold	56 000	55 000	−12 000	90 000
Salary Costs	214 000	71 000	−67 000	467 000
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	476 000	400 000	73 000	822 000
Operating Profit	−136 000	−7 000	−42 000	9 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	0	1 000
Financial Balance	0	−3 000	0	−1 000
Dividends	0	0	0	0
Net Income	−136 000	−10 000	−42 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	20 000	0	0
Total Intangible Assets	0	20 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 000	0	0	0
Fixtures	3 000	0	0	0
Total Tangible Assets	10 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	20 000	0	0
Stock	68 000	49 000	43 000	31 000
Total Investments	0	0	0	0
Cash, Bank	13 000	39 000	10 000	6 000
Total Current Assets	81 000	88 000	53 000	90 000
Total Assets	91 000	107 000	53 000	90 000
Total Equity	−270 000	−134 000	−124 000	−81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	314 000	0	0	0
Creditors	14 000	20 000	1 000	31 000
Unpaid Taxes	5 000	21 000	2 000	33 000
Dividends	0	0	0	0
Other Current Debt	27 000	201 000	174 000	107 000
Total Current Debt	47 000	241 000	177 000	171 000
Total Equity and Debt	91 000	107 000	53 000	90 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,37 %	7,46 %	33,87 %	−9,88 %
Debt-to-Equity Ratio	−1,16	−0	−0	−0
Operating Profit Margin	−39,88 %	−1,78 %	−131,25 %	1,08 %
Current Ratio	1,72	0,37	0,3	0,53
Quick Ratio	−3,86	0,46	0,4	0,64
Equity Ratio	−2,97	−1,25	−2,34	−0,9
Gross Profit Margin	83,58 %	86,01 %	137,5 %	89,17 %