FRISØRKJEDEN TANGO NORGE AS

3915 PORSGRUNN

Finances

Return on Equity

9,5 %

Current Ratio

0,94

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 202 000	12 423 000	99 813 000	84 391 000
Net Income	4 547 000	15 609 000	4 729 000	3 182 000
Total Assets	80 546 000	76 396 000	54 149 000	40 500 000
Total Equity	47 880 000	44 169 000	16 487 000	12 468 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 202 000	12 423 000	99 813 000	84 391 000
Expenditure	11 337 000	11 006 000	92 706 000	79 538 000
Operating Profit	6 865 000	1 417 000	7 107 000	4 853 000
Financial Income	10 000	14 933 000	0	200 000
Financial Costs	1 012 000	512 000	506 000	426 000
Financial Balance	−1 002 000	14 421 000	−506 000	−226 000
Earnings Before Tax	5 863 000	15 838 000	6 601 000	4 627 000
Tax	1 316 000	229 000	1 872 000	1 445 000
Net Income	4 547 000	15 609 000	4 729 000	3 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 901 000	55 606 000	10 576 000	15 310 000
Total Current Assets	3 646 000	20 790 000	43 573 000	25 190 000
Total Assets	80 546 000	76 396 000	54 149 000	40 500 000
Total Retained Equity	34 859 000	31 148 000	1 827 000	−304 000
Total Equity	47 880 000	44 169 000	16 487 000	12 468 000
Total Long-Term Debt	28 789 000	25 997 000	18 282 000	12 168 000
Total Current Debt	3 878 000	6 230 000	19 381 000	15 864 000
Total Equity and Debt	80 546 000	76 396 000	54 149 000	40 500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 202 000	12 423 000	98 041 000	84 391 000
Other Income	0	0	1 772 000	0
Revenue	18 202 000	12 423 000	99 813 000	84 391 000
Cost of Goods Sold	0	0	13 172 000	11 383 000
Salary Costs	7 141 000	7 347 000	56 574 000	49 186 000
Depreciation	288 000	455 000	4 582 000	4 255 000
Impairment	0	0	0	0
Expenditure	11 337 000	11 006 000	92 706 000	79 538 000
Operating Profit	6 865 000	1 417 000	7 107 000	4 853 000
Financial Income	10 000	14 933 000	0	200 000
Financial Costs	1 012 000	512 000	506 000	426 000
Financial Balance	−1 002 000	14 421 000	−506 000	−226 000
Dividends	0	3 000 000	0	0
Net Income	4 547 000	15 609 000	4 729 000	3 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	5 810 000	6 472 000
Total Intangible Assets	104 000	94 000	6 009 000	6 630 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	497 000	514 000	4 308 000	5 140 000
Total Tangible Assets	497 000	514 000	4 308 000	5 140 000
Total Fiancial Fixed Assets	76 300 000	54 999 000	259 000	3 540 000
Total Fixed Assets	76 901 000	55 606 000	10 576 000	15 310 000
Stock	0	0	9 058 000	6 783 000
Total Investments	0	0	0	0
Cash, Bank	393 000	4 867 000	32 156 000	15 066 000
Total Current Assets	3 646 000	20 790 000	43 573 000	25 190 000
Total Assets	80 546 000	76 396 000	54 149 000	40 500 000
Total Equity	47 880 000	44 169 000	16 487 000	12 468 000
Short-Term Group Debt	659 000	1 213 000	0	0
Total Long-Term Debt	28 789 000	25 997 000	18 282 000	12 168 000
Creditors	63 000	472 000	1 962 000	2 290 000
Unpaid Taxes	1 159 000	1 117 000	8 325 000	6 008 000
Dividends	0	3 000 000	0	0
Other Current Debt	906 000	2 626 000	7 105 000	6 130 000
Total Current Debt	3 878 000	6 230 000	19 381 000	15 864 000
Total Equity and Debt	80 546 000	76 396 000	54 149 000	40 500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,5 %	35,34 %	28,68 %	25,52 %
Debt-to-Equity Ratio	0,6	0,59	1,11	0,98
Operating Profit Margin	37,72 %	11,41 %	7,12 %	5,75 %
Current Ratio	0,94	3,34	2,25	1,59
Quick Ratio	0,94	3,34	4,22	2,77
Equity Ratio	0,59	0,58	0,3	0,31
Gross Profit Margin	100 %	100 %	86,8 %	86,51 %