PICASSO SALONG AS

5010 BERGEN

Finances

Share Ownership

Return on Equity

−0,52 %

Current Ratio

0,83

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	385 000	398 000	384 000	366 000
Net Income	−4 000	−102 000	33 000	−33 000
Total Assets	1 202 000	1 209 000	1 312 000	1 278 000
Total Equity	763 000	767 000	869 000	836 000

Income (NOK)	2022	2021	2020	2019
Revenue	385 000	398 000	384 000	366 000
Expenditure	391 000	501 000	352 000	401 000
Operating Profit	−6 000	−103 000	32 000	−34 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	−4 000	−102 000	33 000	−33 000
Tax	0	0	0	0
Net Income	−4 000	−102 000	33 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 140 000	1 167 000	1 194 000	1 220 000
Total Current Assets	62 000	42 000	118 000	58 000
Total Assets	1 202 000	1 209 000	1 312 000	1 278 000
Total Retained Equity	663 000	667 000	769 000	736 000
Total Equity	763 000	767 000	869 000	836 000
Total Long-Term Debt	365 000	365 000	365 000	365 000
Total Current Debt	75 000	77 000	78 000	77 000
Total Equity and Debt	1 202 000	1 209 000	1 312 000	1 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	97 000	110 000	96 000	90 000
Other Income	288 000	288 000	288 000	276 000
Revenue	385 000	398 000	384 000	366 000
Cost of Goods Sold	81 000	94 000	74 000	67 000
Salary Costs	13 000	13 000	9 000	14 000
Depreciation	27 000	27 000	27 000	27 000
Impairment	0	0	0	0
Expenditure	391 000	501 000	352 000	401 000
Operating Profit	−6 000	−103 000	32 000	−34 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	−4 000	−102 000	33 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 140 000	1 167 000	1 194 000	1 220 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 140 000	1 167 000	1 194 000	1 220 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 140 000	1 167 000	1 194 000	1 220 000
Stock	25 000	17 000	15 000	18 000
Total Investments	0	0	0	0
Cash, Bank	30 000	22 000	83 000	28 000
Total Current Assets	62 000	42 000	118 000	58 000
Total Assets	1 202 000	1 209 000	1 312 000	1 278 000
Total Equity	763 000	767 000	869 000	836 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	365 000	365 000	365 000	365 000
Creditors	14 000	9 000	12 000	12 000
Unpaid Taxes	4 000	7 000	8 000	6 000
Dividends	0	0	0	0
Other Current Debt	57 000	61 000	59 000	60 000
Total Current Debt	75 000	77 000	78 000	77 000
Total Equity and Debt	1 202 000	1 209 000	1 312 000	1 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,52 %	−13,3 %	3,8 %	−3,95 %
Debt-to-Equity Ratio	0,48	0,48	0,42	0,44
Operating Profit Margin	−1,56 %	−25,88 %	8,33 %	−9,29 %
Current Ratio	0,83	0,55	1,51	0,75
Quick Ratio	1,24	0,7	1,87	0,98
Equity Ratio	0,63	0,63	0,66	0,65
Gross Profit Margin	78,96 %	76,38 %	80,73 %	81,69 %