FINSVEEN HÅRSTUDIO AS

3810 GVARV

Finances

Share Ownership

Return on Equity

15,17 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	965 000	814 000	696 000	710 000
Net Income	32 000	−8 000	126 000	−34 000
Total Assets	360 000	305 000	341 000	235 000
Total Equity	211 000	179 000	187 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	965 000	814 000	696 000	710 000
Expenditure	915 000	821 000	535 000	739 000
Operating Profit	51 000	−8 000	162 000	−28 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	0	5 000
Financial Balance	−9 000	0	0	−5 000
Earnings Before Tax	41 000	−8 000	162 000	−34 000
Tax	9 000	0	36 000	0
Net Income	32 000	−8 000	126 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 000	28 000	52 000
Total Current Assets	360 000	301 000	313 000	182 000
Total Assets	360 000	305 000	341 000	235 000
Total Retained Equity	111 000	79 000	87 000	−40 000
Total Equity	211 000	179 000	187 000	60 000
Total Long-Term Debt	0	6 000	29 000	48 000
Total Current Debt	149 000	120 000	125 000	126 000
Total Equity and Debt	360 000	305 000	341 000	235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	965 000	814 000	696 000	710 000
Other Income	0	0	0	0
Revenue	965 000	814 000	696 000	710 000
Cost of Goods Sold	201 000	185 000	96 000	119 000
Salary Costs	508 000	415 000	281 000	462 000
Depreciation	4 000	24 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	915 000	821 000	535 000	739 000
Operating Profit	51 000	−8 000	162 000	−28 000
Financial Income	0	0	0	0
Financial Costs	9 000	0	0	5 000
Financial Balance	−9 000	0	0	−5 000
Dividends	0	0	0	0
Net Income	32 000	−8 000	126 000	−34 000

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	0	4 000	28 000	52 000
Total Tangible Assets	0	4 000	28 000	52 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	4 000	28 000	52 000
Stock	108 000	71 000	71 000	42 000
Total Investments	0	0	0	0
Cash, Bank	245 000	230 000	242 000	141 000
Total Current Assets	360 000	301 000	313 000	182 000
Total Assets	360 000	305 000	341 000	235 000
Total Equity	211 000	179 000	187 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	6 000	29 000	48 000
Creditors	13 000	25 000	7 000	3 000
Unpaid Taxes	71 000	48 000	51 000	72 000
Dividends	0	0	0	0
Other Current Debt	54 000	45 000	31 000	51 000
Total Current Debt	149 000	120 000	125 000	126 000
Total Equity and Debt	360 000	305 000	341 000	235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,17 %	−4,47 %	67,38 %	−56,67 %
Debt-to-Equity Ratio	0	0,03	0,16	0,8
Operating Profit Margin	5,28 %	−0,98 %	23,28 %	−3,94 %
Current Ratio	2,42	2,51	2,5	1,44
Quick Ratio	8,78	6,14	5,8	2,17
Equity Ratio	0,59	0,59	0,55	0,26
Gross Profit Margin	79,17 %	77,27 %	86,21 %	83,24 %