JOSEF FRISØR AS

3724 SKIEN

Finances

Share Ownership

Return on Equity

57,14 %

Current Ratio

0,26

Debt-to-Equity Ratio

1,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 654 000	1 554 000	1 420 000	1 512 000
Net Income	524 000	363 000	206 000	93 000
Total Assets	3 184 000	807 000	535 000	541 000
Total Equity	917 000	393 000	190 000	249 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 654 000	1 554 000	1 420 000	1 512 000
Expenditure	939 000	1 089 000	1 157 000	1 393 000
Operating Profit	715 000	466 000	264 000	119 000
Financial Income	0	0	0	0
Financial Costs	43 000	0	0	0
Financial Balance	−43 000	0	0	0
Earnings Before Tax	673 000	465 000	264 000	119 000
Tax	149 000	102 000	58 000	26 000
Net Income	524 000	363 000	206 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 026 000	0	0	0
Total Current Assets	158 000	807 000	535 000	541 000
Total Assets	3 184 000	807 000	535 000	541 000
Total Retained Equity	887 000	363 000	160 000	219 000
Total Equity	917 000	393 000	190 000	249 000
Total Long-Term Debt	1 648 000	0	0	0
Total Current Debt	619 000	414 000	345 000	292 000
Total Equity and Debt	3 184 000	807 000	535 000	541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 646 000	1 554 000	1 409 000	1 512 000
Other Income	8 000	0	12 000	0
Revenue	1 654 000	1 554 000	1 420 000	1 512 000
Cost of Goods Sold	42 000	22 000	31 000	35 000
Salary Costs	583 000	822 000	886 000	1 154 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	939 000	1 089 000	1 157 000	1 393 000
Operating Profit	715 000	466 000	264 000	119 000
Financial Income	0	0	0	0
Financial Costs	43 000	0	0	0
Financial Balance	−43 000	0	0	0
Dividends	0	160 000	80 000	0
Net Income	524 000	363 000	206 000	93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 026 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 026 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 026 000	0	0	0
Stock	22 000	26 000	4 000	4 000
Total Investments	0	0	0	0
Cash, Bank	114 000	754 000	518 000	331 000
Total Current Assets	158 000	807 000	535 000	541 000
Total Assets	3 184 000	807 000	535 000	541 000
Total Equity	917 000	393 000	190 000	249 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 648 000	0	0	0
Creditors	2 000	23 000	12 000	0
Unpaid Taxes	97 000	105 000	82 000	86 000
Dividends	0	160 000	80 000	0
Other Current Debt	371 000	184 000	193 000	179 000
Total Current Debt	619 000	414 000	345 000	292 000
Total Equity and Debt	3 184 000	807 000	535 000	541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,14 %	92,37 %	108,42 %	37,35 %
Debt-to-Equity Ratio	1,8	0	0	0
Operating Profit Margin	43,23 %	29,99 %	18,59 %	7,87 %
Current Ratio	0,26	1,95	1,55	1,85
Quick Ratio	0,26	2,08	1,57	1,88
Equity Ratio	0,29	0,49	0,36	0,46
Gross Profit Margin	97,46 %	98,58 %	97,82 %	97,69 %