HAIR CORPORATION NORWAY AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

17,96 %

Current Ratio

0,38

Debt-to-Equity Ratio

−0,09

Key figures (NOK)	2022	2021	2020
Revenue	1 846 000	1 467 000	1 089 000
Net Income	−95 000	2 000	−466 000
Total Assets	292 000	313 000	209 000
Total Equity	−529 000	−434 000	−436 000

Income (NOK)	2022	2021	2020
Revenue	1 846 000	1 467 000	1 089 000
Expenditure	1 938 000	1 504 000	1 511 000
Operating Profit	−92 000	−37 000	−422 000
Financial Income	4 000	44 000	5 000
Financial Costs	7 000	5 000	49 000
Financial Balance	−3 000	39 000	−44 000
Earnings Before Tax	−95 000	2 000	−466 000
Tax	0	0	0
Net Income	−95 000	2 000	−466 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	292 000	313 000	209 000
Total Assets	292 000	313 000	209 000
Total Retained Equity	−559 000	−464 000	−466 000
Total Equity	−529 000	−434 000	−436 000
Total Long-Term Debt	49 000	22 000	261 000
Total Current Debt	771 000	725 000	384 000
Total Equity and Debt	292 000	313 000	209 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 846 000	1 467 000	1 089 000
Other Income	0	0	0
Revenue	1 846 000	1 467 000	1 089 000
Cost of Goods Sold	1 225 000	968 000	838 000
Salary Costs	169 000	65 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 938 000	1 504 000	1 511 000
Operating Profit	−92 000	−37 000	−422 000
Financial Income	4 000	44 000	5 000
Financial Costs	7 000	5 000	49 000
Financial Balance	−3 000	39 000	−44 000
Dividends	0	0	0
Net Income	−95 000	2 000	−466 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	1 000	0	0
Total Investments	0	0	0
Cash, Bank	101 000	232 000	172 000
Total Current Assets	292 000	313 000	209 000
Total Assets	292 000	313 000	209 000
Total Equity	−529 000	−434 000	−436 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	49 000	22 000	261 000
Creditors	681 000	508 000	260 000
Unpaid Taxes	75 000	202 000	98 000
Dividends	0	0	0
Other Current Debt	15 000	15 000	27 000
Total Current Debt	771 000	725 000	384 000
Total Equity and Debt	292 000	313 000	209 000

Financial indicators	2022	2021	2020
Return on Equity	17,96 %	−0,46 %	106,88 %
Debt-to-Equity Ratio	−0,09	−0,05	−0,6
Operating Profit Margin	−4,98 %	−2,52 %	−38,75 %
Current Ratio	0,38	0,43	0,54
Quick Ratio	0,38	0,43	0,54
Equity Ratio	−1,81	−1,39	−2,09
Gross Profit Margin	33,64 %	34,01 %	23,05 %