THINK HAIR WEAR KNARVIK AS

5914 ISDALSTØ

Finances

Share Ownership

Return on Equity

113,13 %

Current Ratio

0,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 544 000	5 028 000	4 354 000	4 644 000
Net Income	181 000	209 000	161 000	347 000
Total Assets	1 445 000	1 801 000	1 522 000	1 708 000
Total Equity	160 000	149 000	146 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 544 000	5 028 000	4 354 000	4 644 000
Expenditure	4 650 000	4 169 000	3 500 000	3 634 000
Operating Profit	228 000	267 000	208 000	412 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	3 000	3 000
Financial Balance	1 000	0	−3 000	−2 000
Earnings Before Tax	229 000	267 000	206 000	410 000
Tax	48 000	58 000	45 000	62 000
Net Income	181 000	209 000	161 000	347 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	420 000	408 000	101 000	113 000
Total Current Assets	1 025 000	1 394 000	1 421 000	1 595 000
Total Assets	1 445 000	1 801 000	1 522 000	1 708 000
Total Retained Equity	59 000	47 000	45 000	42 000
Total Equity	160 000	149 000	146 000	143 000
Total Long-Term Debt	0	195 000	92 000	125 000
Total Current Debt	1 284 000	1 457 000	1 284 000	1 440 000
Total Equity and Debt	1 445 000	1 801 000	1 522 000	1 708 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 540 000	5 023 000	4 304 000	4 644 000
Other Income	4 000	5 000	50 000	0
Revenue	5 544 000	5 028 000	4 354 000	4 644 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 062 000	2 747 000	2 161 000	2 482 000
Depreciation	10 000	7 000	6 000	1 000
Impairment	0	0	0	0
Expenditure	4 650 000	4 169 000	3 500 000	3 634 000
Operating Profit	228 000	267 000	208 000	412 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	3 000	3 000
Financial Balance	1 000	0	−3 000	−2 000
Dividends	0	0	0	0
Net Income	181 000	209 000	161 000	347 000

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	82 000	21 000	28 000	0
Total Tangible Assets	82 000	21 000	28 000	0
Total Fiancial Fixed Assets	338 000	386 000	73 000	113 000
Total Fixed Assets	420 000	408 000	101 000	113 000
Stock	381 000	378 000	275 000	307 000
Total Investments	0	0	0	0
Cash, Bank	416 000	685 000	538 000	278 000
Total Current Assets	1 025 000	1 394 000	1 421 000	1 595 000
Total Assets	1 445 000	1 801 000	1 522 000	1 708 000
Total Equity	160 000	149 000	146 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	195 000	92 000	125 000
Creditors	215 000	272 000	117 000	101 000
Unpaid Taxes	344 000	256 000	230 000	313 000
Dividends	0	0	0	0
Other Current Debt	726 000	929 000	937 000	1 026 000
Total Current Debt	1 284 000	1 457 000	1 284 000	1 440 000
Total Equity and Debt	1 445 000	1 801 000	1 522 000	1 708 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,13 %	140,27 %	110,27 %	242,66 %
Debt-to-Equity Ratio	0	1,31	0,63	0,87
Operating Profit Margin	4,11 %	5,31 %	4,78 %	8,87 %
Current Ratio	0,8	0,96	1,11	1,11
Quick Ratio	1,14	1,29	1,41	1,41
Equity Ratio	0,11	0,08	0,1	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %