QUALITY FRISØR AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

82,76 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 698 000	1 130 000	385 000
Net Income	216 000	3 000	20 000
Total Assets	478 000	183 000	233 000
Total Equity	261 000	44 000	42 000

Income (NOK)	2022	2021	2020
Revenue	1 698 000	1 130 000	385 000
Expenditure	1 420 000	1 127 000	361 000
Operating Profit	278 000	4 000	27 000
Financial Income	0	0	0
Financial Costs	0	0	1 000
Financial Balance	0	0	−1 000
Earnings Before Tax	277 000	4 000	26 000
Tax	61 000	1 000	6 000
Net Income	216 000	3 000	20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	132 000	140 000	150 000
Total Current Assets	346 000	43 000	82 000
Total Assets	478 000	183 000	233 000
Total Retained Equity	239 000	23 000	20 000
Total Equity	261 000	44 000	42 000
Total Long-Term Debt	1 000	1 000	1 000
Total Current Debt	216 000	138 000	190 000
Total Equity and Debt	478 000	183 000	233 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 695 000	1 130 000	385 000
Other Income	2 000	0	0
Revenue	1 698 000	1 130 000	385 000
Cost of Goods Sold	−2 000	61 000	16 000
Salary Costs	1 125 000	789 000	125 000
Depreciation	8 000	10 000	6 000
Impairment	0	0	0
Expenditure	1 420 000	1 127 000	361 000
Operating Profit	278 000	4 000	27 000
Financial Income	0	0	0
Financial Costs	0	0	1 000
Financial Balance	0	0	−1 000
Dividends	0	0	0
Net Income	216 000	3 000	20 000

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	32 000	40 000	50 000
Total Tangible Assets	32 000	40 000	50 000
Total Fiancial Fixed Assets	100 000	100 000	100 000
Total Fixed Assets	132 000	140 000	150 000
Stock	13 000	3 000	22 000
Total Investments	0	0	0
Cash, Bank	324 000	35 000	59 000
Total Current Assets	346 000	43 000	82 000
Total Assets	478 000	183 000	233 000
Total Equity	261 000	44 000	42 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	1 000	1 000
Creditors	1 000	0	0
Unpaid Taxes	71 000	63 000	18 000
Dividends	0	0	0
Other Current Debt	83 000	74 000	167 000
Total Current Debt	216 000	138 000	190 000
Total Equity and Debt	478 000	183 000	233 000

Financial indicators	2022	2021	2020
Return on Equity	82,76 %	6,82 %	47,62 %
Debt-to-Equity Ratio	0	0,02	0,02
Operating Profit Margin	16,37 %	0,35 %	7,01 %
Current Ratio	1,6	0,31	0,43
Quick Ratio	1,7	0,32	0,49
Equity Ratio	0,55	0,24	0,18
Gross Profit Margin	100,12 %	94,6 %	95,84 %