M&T BEAUTY NAILS AS

6017 ÅLESUND

Finances

Share Ownership

Return on Equity

64,78 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 155 000	2 579 000	1 821 000	1 022 000
Net Income	550 000	284 000	19 000	168 000
Total Assets	1 650 000	702 000	231 000	601 000
Total Equity	849 000	298 000	14 000	192 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 155 000	2 579 000	1 821 000	1 022 000
Expenditure	3 446 000	2 210 000	1 783 000	806 000
Operating Profit	709 000	369 000	38 000	216 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	10 000	2 000
Financial Balance	−1 000	0	−10 000	−1 000
Earnings Before Tax	707 000	369 000	28 000	215 000
Tax	157 000	85 000	9 000	48 000
Net Income	550 000	284 000	19 000	168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	47 000	38 000	262 000
Total Current Assets	1 603 000	655 000	193 000	339 000
Total Assets	1 650 000	702 000	231 000	601 000
Total Retained Equity	824 000	274 000	−10 000	168 000
Total Equity	849 000	298 000	14 000	192 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	801 000	404 000	217 000	406 000
Total Equity and Debt	1 650 000	702 000	231 000	601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 155 000	2 579 000	1 821 000	1 022 000
Other Income	0	0	0	0
Revenue	4 155 000	2 579 000	1 821 000	1 022 000
Cost of Goods Sold	55 000	33 000	15 000	3 000
Salary Costs	2 732 000	1 660 000	1 296 000	580 000
Depreciation	12 000	12 000	22 000	0
Impairment	0	0	0	0
Expenditure	3 446 000	2 210 000	1 783 000	806 000
Operating Profit	709 000	369 000	38 000	216 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	10 000	2 000
Financial Balance	−1 000	0	−10 000	−1 000
Dividends	0	0	196 000	0
Net Income	550 000	284 000	19 000	168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	14 000	26 000	38 000	60 000
Total Intangible Assets	14 000	26 000	38 000	60 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	33 000	21 000	0	202 000
Total Fixed Assets	47 000	47 000	38 000	262 000
Stock	5 000	5 000	10 000	0
Total Investments	0	0	0	0
Cash, Bank	1 564 000	645 000	175 000	333 000
Total Current Assets	1 603 000	655 000	193 000	339 000
Total Assets	1 650 000	702 000	231 000	601 000
Total Equity	849 000	298 000	14 000	192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	−93 000	1 000	3 000	39 000
Unpaid Taxes	352 000	151 000	97 000	192 000
Dividends	0	0	196 000	0
Other Current Debt	385 000	167 000	104 000	130 000
Total Current Debt	801 000	404 000	217 000	406 000
Total Equity and Debt	1 650 000	702 000	231 000	601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,78 %	95,3 %	135,71 %	87,5 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	17,06 %	14,31 %	2,09 %	21,14 %
Current Ratio	2	1,62	0,89	0,83
Quick Ratio	2,01	1,64	0,93	0,83
Equity Ratio	0,51	0,42	0,06	0,32
Gross Profit Margin	98,68 %	98,72 %	99,18 %	99,71 %