TANGO FRISØR GULSET AS

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

48,1 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 116 000	4 228 000	3 958 000	3 578 000
Net Income	520 000	543 000	493 000	298 000
Total Assets	2 010 000	1 580 000	1 593 000	1 124 000
Total Equity	1 081 000	560 000	821 000	328 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 116 000	4 228 000	3 958 000	3 578 000
Expenditure	3 451 000	3 528 000	3 323 000	3 188 000
Operating Profit	665 000	700 000	634 000	391 000
Financial Income	3 000	0	0	0
Financial Costs	1 000	3 000	2 000	9 000
Financial Balance	2 000	−3 000	−2 000	−9 000
Earnings Before Tax	667 000	697 000	632 000	382 000
Tax	147 000	153 000	139 000	84 000
Net Income	520 000	543 000	493 000	298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	49 000	70 000	92 000
Total Current Assets	1 982 000	1 531 000	1 523 000	1 033 000
Total Assets	2 010 000	1 580 000	1 593 000	1 124 000
Total Retained Equity	1 051 000	530 000	791 000	298 000
Total Equity	1 081 000	560 000	821 000	328 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	930 000	1 020 000	772 000	797 000
Total Equity and Debt	2 010 000	1 580 000	1 593 000	1 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 116 000	4 228 000	3 894 000	3 578 000
Other Income	0	0	64 000	0
Revenue	4 116 000	4 228 000	3 958 000	3 578 000
Cost of Goods Sold	491 000	491 000	468 000	579 000
Salary Costs	2 073 000	2 171 000	1 972 000	1 829 000
Depreciation	23 000	23 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	3 451 000	3 528 000	3 323 000	3 188 000
Operating Profit	665 000	700 000	634 000	391 000
Financial Income	3 000	0	0	0
Financial Costs	1 000	3 000	2 000	9 000
Financial Balance	2 000	−3 000	−2 000	−9 000
Dividends	0	804 000	0	0
Net Income	520 000	543 000	493 000	298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	3 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	46 000	69 000	92 000
Total Tangible Assets	23 000	46 000	69 000	92 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 000	49 000	70 000	92 000
Stock	310 000	296 000	292 000	282 000
Total Investments	0	0	0	0
Cash, Bank	1 671 000	1 081 000	1 228 000	742 000
Total Current Assets	1 982 000	1 531 000	1 523 000	1 033 000
Total Assets	2 010 000	1 580 000	1 593 000	1 124 000
Total Equity	1 081 000	560 000	821 000	328 000
Short-Term Group Debt	0	193 000	0	115 000
Total Long-Term Debt	0	0	0	0
Creditors	49 000	120 000	156 000	148 000
Unpaid Taxes	276 000	252 000	240 000	269 000
Dividends	0	804 000	0	0
Other Current Debt	455 000	300 000	236 000	181 000
Total Current Debt	930 000	1 020 000	772 000	797 000
Total Equity and Debt	2 010 000	1 580 000	1 593 000	1 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,1 %	96,96 %	60,05 %	90,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,16 %	16,56 %	16,02 %	10,93 %
Current Ratio	2,13	1,5	1,97	1,3
Quick Ratio	3,2	2,11	3,17	2,01
Equity Ratio	0,54	0,35	0,52	0,29
Gross Profit Margin	88,07 %	88,39 %	88,18 %	83,82 %