STUDIO HM FRISØR AS

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

59,11 %

Current Ratio

1,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 162 000	2 882 000	2 741 000	2 808 000
Net Income	146 000	178 000	252 000	117 000
Total Assets	934 000	753 000	979 000	1 070 000
Total Equity	247 000	101 000	432 000	180 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 162 000	2 882 000	2 741 000	2 808 000
Expenditure	2 978 000	2 652 000	2 415 000	2 657 000
Operating Profit	184 000	230 000	326 000	151 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Earnings Before Tax	184 000	230 000	325 000	151 000
Tax	37 000	52 000	73 000	34 000
Net Income	146 000	178 000	252 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	8 000	17 000
Total Current Assets	934 000	753 000	971 000	1 053 000
Total Assets	934 000	753 000	979 000	1 070 000
Total Retained Equity	147 000	1 000	332 000	80 000
Total Equity	247 000	101 000	432 000	180 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	688 000	652 000	546 000	890 000
Total Equity and Debt	934 000	753 000	979 000	1 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 162 000	2 882 000	2 701 000	2 808 000
Other Income	0	0	40 000	0
Revenue	3 162 000	2 882 000	2 741 000	2 808 000
Cost of Goods Sold	303 000	369 000	239 000	330 000
Salary Costs	2 061 000	1 847 000	1 677 000	1 876 000
Depreciation	0	8 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	2 978 000	2 652 000	2 415 000	2 657 000
Operating Profit	184 000	230 000	326 000	151 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Dividends	0	510 000	0	400 000
Net Income	146 000	178 000	252 000	117 000

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	8 000	17 000
Total Tangible Assets	0	0	8 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	8 000	17 000
Stock	184 000	161 000	216 000	214 000
Total Investments	0	0	0	0
Cash, Bank	736 000	582 000	744 000	829 000
Total Current Assets	934 000	753 000	971 000	1 053 000
Total Assets	934 000	753 000	979 000	1 070 000
Total Equity	247 000	101 000	432 000	180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	14 000	25 000	19 000
Unpaid Taxes	314 000	265 000	263 000	274 000
Dividends	0	510 000	0	400 000
Other Current Debt	326 000	136 000	185 000	163 000
Total Current Debt	688 000	652 000	546 000	890 000
Total Equity and Debt	934 000	753 000	979 000	1 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,11 %	176,24 %	58,33 %	65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,82 %	7,98 %	11,89 %	5,38 %
Current Ratio	1,36	1,15	1,78	1,18
Quick Ratio	1,85	1,53	2,94	1,56
Equity Ratio	0,26	0,13	0,44	0,17
Gross Profit Margin	90,42 %	87,2 %	91,28 %	88,25 %