VÅG-SALONGEN AS

1281 OSLO

Finances

Return on Equity

80,44 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 873 000	16 798 000	16 046 000	18 062 000
Net Income	921 000	562 000	319 000	911 000
Total Assets	4 135 000	4 162 000	5 427 000	7 983 000
Total Equity	1 145 000	724 000	2 661 000	2 342 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 873 000	16 798 000	16 046 000	18 062 000
Expenditure	16 644 000	15 938 000	15 547 000	16 891 000
Operating Profit	1 230 000	859 000	499 000	1 172 000
Financial Income	0	5 000	6 000	6 000
Financial Costs	5 000	94 000	75 000	2 000
Financial Balance	−5 000	−89 000	−69 000	4 000
Earnings Before Tax	1 225 000	770 000	430 000	1 176 000
Tax	304 000	208 000	110 000	265 000
Net Income	921 000	562 000	319 000	911 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	302 000	542 000	851 000	1 142 000
Total Current Assets	3 833 000	3 620 000	4 576 000	6 841 000
Total Assets	4 135 000	4 162 000	5 427 000	7 983 000
Total Retained Equity	1 044 000	623 000	2 561 000	2 241 000
Total Equity	1 145 000	724 000	2 661 000	2 342 000
Total Long-Term Debt	0	0	0	11 000
Total Current Debt	2 990 000	3 438 000	2 765 000	5 630 000
Total Equity and Debt	4 135 000	4 162 000	5 427 000	7 983 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 834 000	16 791 000	15 786 000	18 062 000
Other Income	39 000	7 000	260 000	0
Revenue	17 873 000	16 798 000	16 046 000	18 062 000
Cost of Goods Sold	1 850 000	1 636 000	1 594 000	1 853 000
Salary Costs	10 548 000	10 184 000	9 835 000	10 833 000
Depreciation	240 000	222 000	222 000	217 000
Impairment	0	0	0	0
Expenditure	16 644 000	15 938 000	15 547 000	16 891 000
Operating Profit	1 230 000	859 000	499 000	1 172 000
Financial Income	0	5 000	6 000	6 000
Financial Costs	5 000	94 000	75 000	2 000
Financial Balance	−5 000	−89 000	−69 000	4 000
Dividends	500 000	2 500 000	0	3 000 000
Net Income	921 000	562 000	319 000	911 000

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	210 000	450 000	672 000	894 000
Total Tangible Assets	210 000	450 000	672 000	894 000
Total Fiancial Fixed Assets	92 000	92 000	179 000	248 000
Total Fixed Assets	302 000	542 000	851 000	1 142 000
Stock	817 000	956 000	969 000	956 000
Total Investments	0	19 000	19 000	18 000
Cash, Bank	2 570 000	2 092 000	3 085 000	5 472 000
Total Current Assets	3 833 000	3 620 000	4 576 000	6 841 000
Total Assets	4 135 000	4 162 000	5 427 000	7 983 000
Total Equity	1 145 000	724 000	2 661 000	2 342 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	11 000
Creditors	352 000	329 000	444 000	163 000
Unpaid Taxes	1 260 000	1 333 000	1 181 000	979 000
Dividends	500 000	2 500 000	0	3 000 000
Other Current Debt	1 075 000	1 068 000	1 019 000	1 224 000
Total Current Debt	2 990 000	3 438 000	2 765 000	5 630 000
Total Equity and Debt	4 135 000	4 162 000	5 427 000	7 983 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,44 %	77,62 %	11,99 %	38,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,88 %	5,11 %	3,11 %	6,49 %
Current Ratio	1,28	1,05	1,65	1,22
Quick Ratio	1,76	1,46	2,55	1,46
Equity Ratio	0,28	0,17	0,49	0,29
Gross Profit Margin	89,65 %	90,26 %	90,07 %	89,74 %