SALONG MICHEL LEVANGER AS

7600 LEVANGER

Finances

Share Ownership

Return on Equity

184,48 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 185 000	3 095 000	2 868 000	3 129 000
Net Income	214 000	343 000	257 000	158 000
Total Assets	921 000	1 074 000	1 275 000	961 000
Total Equity	116 000	102 000	119 000	362 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 185 000	3 095 000	2 868 000	3 129 000
Expenditure	2 910 000	2 655 000	2 538 000	2 926 000
Operating Profit	274 000	441 000	330 000	203 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	0
Earnings Before Tax	274 000	440 000	330 000	203 000
Tax	60 000	97 000	73 000	46 000
Net Income	214 000	343 000	257 000	158 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	21 000	30 000	48 000
Total Current Assets	909 000	1 054 000	1 245 000	913 000
Total Assets	921 000	1 074 000	1 275 000	961 000
Total Retained Equity	16 000	2 000	19 000	262 000
Total Equity	116 000	102 000	119 000	362 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	805 000	972 000	1 156 000	598 000
Total Equity and Debt	921 000	1 074 000	1 275 000	961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 185 000	3 095 000	2 806 000	3 129 000
Other Income	0	0	62 000	0
Revenue	3 185 000	3 095 000	2 868 000	3 129 000
Cost of Goods Sold	322 000	317 000	256 000	268 000
Salary Costs	2 032 000	1 812 000	1 720 000	2 103 000
Depreciation	10 000	10 000	20 000	20 000
Impairment	0	0	0	0
Expenditure	2 910 000	2 655 000	2 538 000	2 926 000
Operating Profit	274 000	441 000	330 000	203 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	1 000	2 000
Financial Balance	0	0	−1 000	0
Dividends	200 000	360 000	500 000	0
Net Income	214 000	343 000	257 000	158 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	2 000	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	18 000	28 000	48 000
Total Tangible Assets	9 000	18 000	28 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	21 000	30 000	48 000
Stock	184 000	204 000	216 000	190 000
Total Investments	0	0	0	0
Cash, Bank	707 000	835 000	1 016 000	701 000
Total Current Assets	909 000	1 054 000	1 245 000	913 000
Total Assets	921 000	1 074 000	1 275 000	961 000
Total Equity	116 000	102 000	119 000	362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	34 000	52 000	36 000	32 000
Unpaid Taxes	180 000	160 000	183 000	174 000
Dividends	200 000	360 000	500 000	0
Other Current Debt	329 000	302 000	361 000	344 000
Total Current Debt	805 000	972 000	1 156 000	598 000
Total Equity and Debt	921 000	1 074 000	1 275 000	961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	184,48 %	336,27 %	215,97 %	43,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,6 %	14,25 %	11,51 %	6,49 %
Current Ratio	1,13	1,08	1,08	1,53
Quick Ratio	1,46	1,37	1,32	2,24
Equity Ratio	0,13	0,09	0,09	0,38
Gross Profit Margin	89,89 %	89,76 %	91,07 %	91,43 %