SAX FRISØRSALONG AS

6763 HORNINDAL

Finances

Share Ownership

Return on Equity

16,67 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	964 000	936 000	717 000	730 000
Net Income	27 000	50 000	50 000	−67 000
Total Assets	475 000	466 000	399 000	365 000
Total Equity	162 000	162 000	162 000	144 000

Income (NOK)	2022	2021	2020	2019
Revenue	964 000	936 000	717 000	730 000
Expenditure	928 000	879 000	667 000	797 000
Operating Profit	35 000	56 000	50 000	−67 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	35 000	56 000	50 000	−67 000
Tax	8 000	6 000	0	0
Net Income	27 000	50 000	50 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	475 000	466 000	399 000	365 000
Total Assets	475 000	466 000	399 000	365 000
Total Retained Equity	62 000	62 000	62 000	44 000
Total Equity	162 000	162 000	162 000	144 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	313 000	304 000	237 000	221 000
Total Equity and Debt	475 000	466 000	399 000	365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	964 000	936 000	705 000	730 000
Other Income	0	0	12 000	0
Revenue	964 000	936 000	717 000	730 000
Cost of Goods Sold	161 000	149 000	57 000	145 000
Salary Costs	548 000	519 000	414 000	500 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	928 000	879 000	667 000	797 000
Operating Profit	35 000	56 000	50 000	−67 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	27 000	50 000	32 000	0
Net Income	27 000	50 000	50 000	−67 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	157 000	135 000	134 000	109 000
Total Investments	0	0	0	0
Cash, Bank	287 000	303 000	227 000	207 000
Total Current Assets	475 000	466 000	399 000	365 000
Total Assets	475 000	466 000	399 000	365 000
Total Equity	162 000	162 000	162 000	144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	6 000	4 000	−1 000
Unpaid Taxes	178 000	179 000	146 000	156 000
Dividends	27 000	50 000	32 000	0
Other Current Debt	100 000	63 000	55 000	66 000
Total Current Debt	313 000	304 000	237 000	221 000
Total Equity and Debt	475 000	466 000	399 000	365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,67 %	30,86 %	30,86 %	−46,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,63 %	5,98 %	6,97 %	−9,18 %
Current Ratio	1,52	1,53	1,68	1,65
Quick Ratio	3,04	2,76	3,87	3,26
Equity Ratio	0,34	0,35	0,41	0,39
Gross Profit Margin	83,3 %	84,08 %	92,05 %	80,14 %