GROW FRISØR OG BARBER AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

4,58 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 222 000	1 929 000	1 620 000	1 236 000
Net Income	12 000	139 000	164 000	60 000
Total Assets	578 000	657 000	596 000	410 000
Total Equity	262 000	249 000	190 000	86 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 222 000	1 929 000	1 620 000	1 236 000
Expenditure	2 203 000	1 748 000	1 405 000	1 150 000
Operating Profit	18 000	181 000	215 000	86 000
Financial Income	0	0	1 000	0
Financial Costs	0	2 000	6 000	9 000
Financial Balance	0	−2 000	−5 000	−9 000
Earnings Before Tax	18 000	179 000	210 000	77 000
Tax	6 000	40 000	46 000	17 000
Net Income	12 000	139 000	164 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	23 000	14 000	20 000
Total Current Assets	544 000	634 000	582 000	389 000
Total Assets	578 000	657 000	596 000	410 000
Total Retained Equity	232 000	225 000	166 000	62 000
Total Equity	262 000	249 000	190 000	86 000
Total Long-Term Debt	0	0	72 000	130 000
Total Current Debt	316 000	408 000	334 000	194 000
Total Equity and Debt	578 000	657 000	596 000	410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 222 000	1 929 000	1 620 000	1 236 000
Other Income	0	0	0	0
Revenue	2 222 000	1 929 000	1 620 000	1 236 000
Cost of Goods Sold	263 000	189 000	145 000	104 000
Salary Costs	1 475 000	1 209 000	972 000	793 000
Depreciation	19 000	7 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	2 203 000	1 748 000	1 405 000	1 150 000
Operating Profit	18 000	181 000	215 000	86 000
Financial Income	0	0	1 000	0
Financial Costs	0	2 000	6 000	9 000
Financial Balance	0	−2 000	−5 000	−9 000
Dividends	0	80 000	60 000	0
Net Income	12 000	139 000	164 000	60 000

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	34 000	23 000	14 000	20 000
Total Tangible Assets	34 000	23 000	14 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	23 000	14 000	20 000
Stock	141 000	125 000	98 000	64 000
Total Investments	0	0	0	0
Cash, Bank	400 000	507 000	483 000	324 000
Total Current Assets	544 000	634 000	582 000	389 000
Total Assets	578 000	657 000	596 000	410 000
Total Equity	262 000	249 000	190 000	86 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	72 000	130 000
Creditors	20 000	35 000	10 000	0
Unpaid Taxes	148 000	140 000	127 000	101 000
Dividends	0	80 000	60 000	0
Other Current Debt	142 000	114 000	91 000	76 000
Total Current Debt	316 000	408 000	334 000	194 000
Total Equity and Debt	578 000	657 000	596 000	410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,58 %	55,82 %	86,32 %	69,77 %
Debt-to-Equity Ratio	0	0	0,38	1,51
Operating Profit Margin	0,81 %	9,38 %	13,27 %	6,96 %
Current Ratio	1,72	1,55	1,74	2,01
Quick Ratio	3,11	2,24	2,47	2,99
Equity Ratio	0,45	0,38	0,32	0,21
Gross Profit Margin	88,16 %	90,2 %	91,05 %	91,59 %