CUTSHIM FRISØR OG SPA AS

3060 SVELVIK

Finances

Share Ownership

Return on Equity

30,44 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 146 000	4 817 000	4 266 000	4 243 000
Net Income	312 000	541 000	239 000	189 000
Total Assets	1 991 000	1 872 000	1 204 000	992 000
Total Equity	1 025 000	714 000	443 000	204 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 146 000	4 817 000	4 266 000	4 243 000
Expenditure	4 762 000	4 180 000	3 958 000	4 002 000
Operating Profit	400 000	695 000	307 000	242 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	0	1 000	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	400 000	695 000	307 000	243 000
Tax	88 000	154 000	68 000	54 000
Net Income	312 000	541 000	239 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 000	0	0	0
Total Current Assets	1 755 000	1 872 000	1 204 000	992 000
Total Assets	1 991 000	1 872 000	1 204 000	992 000
Total Retained Equity	1 010 000	699 000	428 000	189 000
Total Equity	1 025 000	714 000	443 000	204 000
Total Long-Term Debt	6 000	0	0	0
Total Current Debt	960 000	1 158 000	761 000	788 000
Total Equity and Debt	1 991 000	1 872 000	1 204 000	992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 124 000	4 813 000	4 231 000	4 243 000
Other Income	22 000	4 000	35 000	0
Revenue	5 146 000	4 817 000	4 266 000	4 243 000
Cost of Goods Sold	796 000	886 000	761 000	684 000
Salary Costs	3 173 000	2 649 000	2 568 000	2 676 000
Depreciation	4 000	0	0	13 000
Impairment	0	0	0	0
Expenditure	4 762 000	4 180 000	3 958 000	4 002 000
Operating Profit	400 000	695 000	307 000	242 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	0	1 000	0
Financial Balance	0	0	0	1 000
Dividends	0	270 000	0	0
Net Income	312 000	541 000	239 000	189 000

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	236 000	0	0	0
Total Tangible Assets	236 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	236 000	0	0	0
Stock	364 000	348 000	282 000	262 000
Total Investments	0	0	0	0
Cash, Bank	1 331 000	1 516 000	846 000	659 000
Total Current Assets	1 755 000	1 872 000	1 204 000	992 000
Total Assets	1 991 000	1 872 000	1 204 000	992 000
Total Equity	1 025 000	714 000	443 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	0	0	0
Creditors	88 000	217 000	38 000	26 000
Unpaid Taxes	260 000	85 000	290 000	342 000
Dividends	0	270 000	0	0
Other Current Debt	530 000	432 000	365 000	366 000
Total Current Debt	960 000	1 158 000	761 000	788 000
Total Equity and Debt	1 991 000	1 872 000	1 204 000	992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,44 %	75,77 %	53,95 %	92,65 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	7,77 %	14,43 %	7,2 %	5,7 %
Current Ratio	1,83	1,62	1,58	1,26
Quick Ratio	2,94	2,31	2,51	1,89
Equity Ratio	0,51	0,38	0,37	0,21
Gross Profit Margin	84,53 %	81,61 %	82,16 %	83,88 %