STUDIO 1 FRISØR SORTLAND AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

−24,58 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 344 000	2 065 000	2 132 000	1 941 000
Net Income	−58 000	40 000	116 000	10 000
Total Assets	781 000	810 000	1 092 000	980 000
Total Equity	236 000	294 000	255 000	139 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 344 000	2 065 000	2 132 000	1 941 000
Expenditure	2 408 000	1 999 000	1 954 000	1 890 000
Operating Profit	−65 000	66 000	177 000	51 000
Financial Income	0	0	0	0
Financial Costs	10 000	15 000	29 000	39 000
Financial Balance	−10 000	−15 000	−29 000	−39 000
Earnings Before Tax	−75 000	51 000	148 000	12 000
Tax	−16 000	11 000	33 000	3 000
Net Income	−58 000	40 000	116 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	182 000	306 000	457 000	618 000
Total Current Assets	599 000	504 000	634 000	363 000
Total Assets	781 000	810 000	1 092 000	980 000
Total Retained Equity	206 000	264 000	225 000	109 000
Total Equity	236 000	294 000	255 000	139 000
Total Long-Term Debt	0	0	8 000	505 000
Total Current Debt	544 000	515 000	828 000	335 000
Total Equity and Debt	781 000	810 000	1 092 000	980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 344 000	2 065 000	2 132 000	1 941 000
Other Income	0	0	0	0
Revenue	2 344 000	2 065 000	2 132 000	1 941 000
Cost of Goods Sold	503 000	396 000	402 000	297 000
Salary Costs	1 301 000	1 047 000	1 014 000	1 003 000
Depreciation	162 000	160 000	160 000	147 000
Impairment	0	0	0	0
Expenditure	2 408 000	1 999 000	1 954 000	1 890 000
Operating Profit	−65 000	66 000	177 000	51 000
Financial Income	0	0	0	0
Financial Costs	10 000	15 000	29 000	39 000
Financial Balance	−10 000	−15 000	−29 000	−39 000
Dividends	0	0	0	0
Net Income	−58 000	40 000	116 000	10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	9 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	154 000	297 000	457 000	618 000
Total Tangible Assets	154 000	297 000	457 000	618 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	182 000	306 000	457 000	618 000
Stock	145 000	160 000	131 000	114 000
Total Investments	0	0	0	0
Cash, Bank	453 000	324 000	498 000	234 000
Total Current Assets	599 000	504 000	634 000	363 000
Total Assets	781 000	810 000	1 092 000	980 000
Total Equity	236 000	294 000	255 000	139 000
Short-Term Group Debt	160 000	160 000	485 000	0
Total Long-Term Debt	0	0	8 000	505 000
Creditors	39 000	24 000	6 000	27 000
Unpaid Taxes	155 000	128 000	116 000	123 000
Dividends	0	0	0	0
Other Current Debt	187 000	175 000	176 000	179 000
Total Current Debt	544 000	515 000	828 000	335 000
Total Equity and Debt	781 000	810 000	1 092 000	980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,58 %	13,61 %	45,49 %	7,19 %
Debt-to-Equity Ratio	0	0	0,03	3,63
Operating Profit Margin	−2,77 %	3,2 %	8,3 %	2,63 %
Current Ratio	1,1	0,98	0,77	1,08
Quick Ratio	1,5	1,42	0,91	1,64
Equity Ratio	0,3	0,36	0,23	0,14
Gross Profit Margin	78,54 %	80,82 %	81,14 %	84,7 %