STUDIO HÅRFIN AS

5132 NYBORG

Finances

Return on Equity

46,6 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 214 000	4 407 000	4 037 000	3 922 000
Net Income	151 000	247 000	−368 000	−130 000
Total Assets	1 188 000	1 625 000	1 794 000	1 777 000
Total Equity	324 000	173 000	−74 000	294 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 214 000	4 407 000	4 037 000	3 922 000
Expenditure	4 003 000	4 063 000	4 310 000	3 952 000
Operating Profit	211 000	344 000	−273 000	−30 000
Financial Income	4 000	1 000	0	0
Financial Costs	64 000	66 000	90 000	100 000
Financial Balance	−60 000	−65 000	−90 000	−100 000
Earnings Before Tax	151 000	279 000	−363 000	−130 000
Tax	0	32 000	5 000	0
Net Income	151 000	247 000	−368 000	−130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	230 000	375 000
Total Current Assets	1 188 000	1 625 000	1 565 000	1 402 000
Total Assets	1 188 000	1 625 000	1 794 000	1 777 000
Total Retained Equity	224 000	73 000	−174 000	194 000
Total Equity	324 000	173 000	−74 000	294 000
Total Long-Term Debt	0	0	490 000	535 000
Total Current Debt	864 000	1 452 000	1 378 000	948 000
Total Equity and Debt	1 188 000	1 625 000	1 794 000	1 777 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 214 000	4 180 000	4 037 000	3 853 000
Other Income	0	227 000	0	69 000
Revenue	4 214 000	4 407 000	4 037 000	3 922 000
Cost of Goods Sold	211 000	283 000	322 000	291 000
Salary Costs	2 732 000	2 706 000	2 479 000	2 556 000
Depreciation	0	77 000	131 000	249 000
Impairment	0	0	0	0
Expenditure	4 003 000	4 063 000	4 310 000	3 952 000
Operating Profit	211 000	344 000	−273 000	−30 000
Financial Income	4 000	1 000	0	0
Financial Costs	64 000	66 000	90 000	100 000
Financial Balance	−60 000	−65 000	−90 000	−100 000
Dividends	0	0	0	0
Net Income	151 000	247 000	−368 000	−130 000

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	229 000	361 000
Total Tangible Assets	0	0	229 000	361 000
Total Fiancial Fixed Assets	0	0	0	15 000
Total Fixed Assets	0	0	230 000	375 000
Stock	328 000	229 000	276 000	347 000
Total Investments	0	0	0	0
Cash, Bank	664 000	801 000	664 000	373 000
Total Current Assets	1 188 000	1 625 000	1 565 000	1 402 000
Total Assets	1 188 000	1 625 000	1 794 000	1 777 000
Total Equity	324 000	173 000	−74 000	294 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	490 000	535 000
Creditors	336 000	717 000	786 000	343 000
Unpaid Taxes	204 000	418 000	332 000	341 000
Dividends	0	0	0	0
Other Current Debt	324 000	285 000	256 000	264 000
Total Current Debt	864 000	1 452 000	1 378 000	948 000
Total Equity and Debt	1 188 000	1 625 000	1 794 000	1 777 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,6 %	142,77 %	497,3 %	−44,22 %
Debt-to-Equity Ratio	0	0	−6,62	1,82
Operating Profit Margin	5,01 %	7,81 %	−6,76 %	−0,76 %
Current Ratio	1,38	1,12	1,14	1,48
Quick Ratio	2,22	1,33	1,42	2,33
Equity Ratio	0,27	0,11	−0,04	0,17
Gross Profit Margin	94,99 %	93,58 %	92,02 %	92,58 %