SALONG 88 AS

7232 LUNDAMO

Finances

Share Ownership

Return on Equity

7,14 %

Current Ratio

1,96

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	1 526 000	1 659 000	556 000
Net Income	13 000	56 000	82 000
Total Assets	340 000	408 000	324 000
Total Equity	182 000	168 000	112 000

Income (NOK)	2022	2021	2020
Revenue	1 526 000	1 659 000	556 000
Expenditure	1 508 000	1 584 000	453 000
Operating Profit	18 000	74 000	102 000
Financial Income	0	0	0
Financial Costs	1 000	2 000	0
Financial Balance	−1 000	−2 000	0
Earnings Before Tax	17 000	73 000	102 000
Tax	4 000	16 000	20 000
Net Income	13 000	56 000	82 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	35 000	48 000	61 000
Total Current Assets	305 000	360 000	263 000
Total Assets	340 000	408 000	324 000
Total Retained Equity	152 000	138 000	82 000
Total Equity	182 000	168 000	112 000
Total Long-Term Debt	3 000	4 000	3 000
Total Current Debt	156 000	236 000	209 000
Total Equity and Debt	340 000	408 000	324 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 526 000	1 659 000	556 000
Other Income	0	0	0
Revenue	1 526 000	1 659 000	556 000
Cost of Goods Sold	298 000	317 000	104 000
Salary Costs	920 000	996 000	268 000
Depreciation	13 000	13 000	4 000
Impairment	0	0	0
Expenditure	1 508 000	1 584 000	453 000
Operating Profit	18 000	74 000	102 000
Financial Income	0	0	0
Financial Costs	1 000	2 000	0
Financial Balance	−1 000	−2 000	0
Dividends	0	0	0
Net Income	13 000	56 000	82 000

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	35 000	48 000	61 000
Total Tangible Assets	35 000	48 000	61 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	35 000	48 000	61 000
Stock	110 000	99 000	119 000
Total Investments	0	0	0
Cash, Bank	191 000	258 000	143 000
Total Current Assets	305 000	360 000	263 000
Total Assets	340 000	408 000	324 000
Total Equity	182 000	168 000	112 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	4 000	3 000
Creditors	0	22 000	77 000
Unpaid Taxes	130 000	92 000	88 000
Dividends	0	0	0
Other Current Debt	21 000	106 000	26 000
Total Current Debt	156 000	236 000	209 000
Total Equity and Debt	340 000	408 000	324 000

Financial indicators	2022	2021	2020
Return on Equity	7,14 %	33,33 %	73,21 %
Debt-to-Equity Ratio	0,02	0,02	0,03
Operating Profit Margin	1,18 %	4,46 %	18,35 %
Current Ratio	1,96	1,53	1,26
Quick Ratio	6,63	2,63	2,92
Equity Ratio	0,54	0,41	0,35
Gross Profit Margin	80,47 %	80,89 %	81,29 %