MAX MILAN FRISØR AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

73,17 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 357 000	2 354 000	2 030 000	1 965 000
Net Income	90 000	136 000	207 000	−118 000
Total Assets	508 000	667 000	512 000	359 000
Total Equity	123 000	377 000	241 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 357 000	2 354 000	2 030 000	1 965 000
Expenditure	2 226 000	2 183 000	1 802 000	2 081 000
Operating Profit	131 000	171 000	228 000	−116 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	1 000	1 000	2 000
Financial Balance	−3 000	−1 000	−1 000	−2 000
Earnings Before Tax	128 000	170 000	227 000	−118 000
Tax	38 000	34 000	20 000	0
Net Income	90 000	136 000	207 000	−118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	10 000	20 000
Total Current Assets	508 000	667 000	502 000	339 000
Total Assets	508 000	667 000	512 000	359 000
Total Retained Equity	23 000	277 000	141 000	−66 000
Total Equity	123 000	377 000	241 000	34 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	384 000	290 000	271 000	325 000
Total Equity and Debt	508 000	667 000	512 000	359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 357 000	2 341 000	2 030 000	1 965 000
Other Income	0	13 000	0	0
Revenue	2 357 000	2 354 000	2 030 000	1 965 000
Cost of Goods Sold	277 000	333 000	215 000	186 000
Salary Costs	1 278 000	1 268 000	1 037 000	1 364 000
Depreciation	0	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	2 226 000	2 183 000	1 802 000	2 081 000
Operating Profit	131 000	171 000	228 000	−116 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	1 000	1 000	2 000
Financial Balance	−3 000	−1 000	−1 000	−2 000
Dividends	343 000	0	0	0
Net Income	90 000	136 000	207 000	−118 000

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	10 000	20 000
Total Tangible Assets	0	0	10 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	10 000	20 000
Stock	168 000	163 000	202 000	202 000
Total Investments	0	0	0	0
Cash, Bank	309 000	475 000	249 000	70 000
Total Current Assets	508 000	667 000	502 000	339 000
Total Assets	508 000	667 000	512 000	359 000
Total Equity	123 000	377 000	241 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	−94 000	−33 000	−4 000
Unpaid Taxes	142 000	164 000	136 000	176 000
Dividends	343 000	0	0	0
Other Current Debt	179 000	186 000	147 000	153 000
Total Current Debt	384 000	290 000	271 000	325 000
Total Equity and Debt	508 000	667 000	512 000	359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,17 %	36,07 %	85,89 %	−347,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,56 %	7,26 %	11,23 %	−5,9 %
Current Ratio	1,32	2,3	1,85	1,04
Quick Ratio	2,35	5,25	7,28	2,76
Equity Ratio	0,24	0,57	0,47	0,09
Gross Profit Margin	88,25 %	85,85 %	89,41 %	90,53 %