GRØNNESTAD HÅRKLINIKK & FRISØR AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

17,88 %

Current Ratio

2,74

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 588 000	2 893 000	2 723 000	2 451 000
Net Income	182 000	39 000	183 000	−257 000
Total Assets	1 864 000	1 856 000	1 393 000	1 215 000
Total Equity	1 018 000	836 000	798 000	614 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 588 000	2 893 000	2 723 000	2 451 000
Expenditure	3 371 000	2 847 000	2 494 000	2 687 000
Operating Profit	218 000	45 000	228 000	−235 000
Financial Income	1 000	0	1 000	7 000
Financial Costs	0	7 000	27 000	29 000
Financial Balance	1 000	−7 000	−26 000	−22 000
Earnings Before Tax	219 000	39 000	201 000	−257 000
Tax	37 000	0	18 000	0
Net Income	182 000	39 000	183 000	−257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	124 000	137 000	176 000	225 000
Total Current Assets	1 740 000	1 719 000	1 217 000	990 000
Total Assets	1 864 000	1 856 000	1 393 000	1 215 000
Total Retained Equity	901 000	719 000	680 000	497 000
Total Equity	1 018 000	836 000	798 000	614 000
Total Long-Term Debt	212 000	200 000	200 000	0
Total Current Debt	634 000	820 000	395 000	600 000
Total Equity and Debt	1 864 000	1 856 000	1 393 000	1 215 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 588 000	2 878 000	2 690 000	2 451 000
Other Income	0	15 000	33 000	0
Revenue	3 588 000	2 893 000	2 723 000	2 451 000
Cost of Goods Sold	1 266 000	1 001 000	898 000	872 000
Salary Costs	1 318 000	1 083 000	861 000	980 000
Depreciation	35 000	39 000	49 000	129 000
Impairment	0	0	0	100 000
Expenditure	3 371 000	2 847 000	2 494 000	2 687 000
Operating Profit	218 000	45 000	228 000	−235 000
Financial Income	1 000	0	1 000	7 000
Financial Costs	0	7 000	27 000	29 000
Financial Balance	1 000	−7 000	−26 000	−22 000
Dividends	0	0	0	0
Net Income	182 000	39 000	183 000	−257 000

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	124 000	137 000	176 000	225 000
Total Tangible Assets	124 000	137 000	176 000	225 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	124 000	137 000	176 000	225 000
Stock	435 000	386 000	401 000	302 000
Total Investments	0	0	0	0
Cash, Bank	953 000	791 000	504 000	438 000
Total Current Assets	1 740 000	1 719 000	1 217 000	990 000
Total Assets	1 864 000	1 856 000	1 393 000	1 215 000
Total Equity	1 018 000	836 000	798 000	614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	212 000	200 000	200 000	0
Creditors	262 000	250 000	122 000	210 000
Unpaid Taxes	138 000	115 000	89 000	80 000
Dividends	0	0	0	0
Other Current Debt	210 000	455 000	167 000	310 000
Total Current Debt	634 000	820 000	395 000	600 000
Total Equity and Debt	1 864 000	1 856 000	1 393 000	1 215 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,88 %	4,67 %	22,93 %	−41,86 %
Debt-to-Equity Ratio	0,21	0,24	0,25	0
Operating Profit Margin	6,08 %	1,56 %	8,37 %	−9,59 %
Current Ratio	2,74	2,1	3,08	1,65
Quick Ratio	8,74	3,96	−202,83	3,32
Equity Ratio	0,55	0,45	0,57	0,51
Gross Profit Margin	64,72 %	65,4 %	67,02 %	64,42 %