LEVEL FRISØR FROSTA AS

7633 FROSTA

Finances

Share Ownership

Return on Equity

27,96 %

Current Ratio

3,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 067 000	1 005 000	985 000	881 000
Net Income	111 000	38 000	76 000	31 000
Total Assets	587 000	462 000	471 000	310 000
Total Equity	397 000	286 000	248 000	172 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 067 000	1 005 000	985 000	881 000
Expenditure	924 000	956 000	886 000	840 000
Operating Profit	143 000	48 000	99 000	40 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Earnings Before Tax	142 000	48 000	98 000	40 000
Tax	31 000	11 000	21 000	9 000
Net Income	111 000	38 000	76 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	587 000	462 000	471 000	310 000
Total Assets	587 000	462 000	471 000	310 000
Total Retained Equity	373 000	262 000	224 000	148 000
Total Equity	397 000	286 000	248 000	172 000
Total Long-Term Debt	0	10 000	12 000	9 000
Total Current Debt	190 000	166 000	211 000	130 000
Total Equity and Debt	587 000	462 000	471 000	310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 050 000	988 000	965 000	877 000
Other Income	16 000	17 000	20 000	4 000
Revenue	1 067 000	1 005 000	985 000	881 000
Cost of Goods Sold	128 000	143 000	140 000	128 000
Salary Costs	580 000	594 000	512 000	478 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	924 000	956 000	886 000	840 000
Operating Profit	143 000	48 000	99 000	40 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	0
Dividends	0	0	0	0
Net Income	111 000	38 000	76 000	31 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	128 000	116 000	122 000	111 000
Total Investments	0	0	0	0
Cash, Bank	443 000	346 000	348 000	199 000
Total Current Assets	587 000	462 000	471 000	310 000
Total Assets	587 000	462 000	471 000	310 000
Total Equity	397 000	286 000	248 000	172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	10 000	12 000	9 000
Creditors	9 000	25 000	14 000	19 000
Unpaid Taxes	68 000	59 000	71 000	52 000
Dividends	0	0	0	0
Other Current Debt	72 000	69 000	107 000	59 000
Total Current Debt	190 000	166 000	211 000	130 000
Total Equity and Debt	587 000	462 000	471 000	310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,96 %	13,29 %	30,65 %	18,02 %
Debt-to-Equity Ratio	0	0,03	0,05	0,05
Operating Profit Margin	13,4 %	4,78 %	10,05 %	4,54 %
Current Ratio	3,09	2,78	2,23	2,38
Quick Ratio	9,47	9,24	5,29	16,32
Equity Ratio	0,68	0,62	0,53	0,55
Gross Profit Margin	88 %	85,77 %	85,79 %	85,47 %