FRISØR LARSEN AS

3724 SKIEN

Finances

Share Ownership

Return on Equity

21,54 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 791 000	1 652 000	1 600 000	1 627 000
Net Income	81 000	109 000	195 000	196 000
Total Assets	686 000	683 000	925 000	683 000
Total Equity	376 000	295 000	585 000	391 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 791 000	1 652 000	1 600 000	1 627 000
Expenditure	1 676 000	1 510 000	1 363 000	1 400 000
Operating Profit	116 000	142 000	237 000	227 000
Financial Income	0	22 000	11 000	22 000
Financial Costs	8 000	17 000	0	2 000
Financial Balance	−8 000	5 000	11 000	20 000
Earnings Before Tax	108 000	148 000	248 000	246 000
Tax	27 000	39 000	53 000	51 000
Net Income	81 000	109 000	195 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	77 000	84 000	126 000	115 000
Total Current Assets	610 000	599 000	799 000	568 000
Total Assets	686 000	683 000	925 000	683 000
Total Retained Equity	276 000	195 000	485 000	291 000
Total Equity	376 000	295 000	585 000	391 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	311 000	388 000	340 000	292 000
Total Equity and Debt	686 000	683 000	925 000	683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 791 000	1 652 000	1 581 000	1 627 000
Other Income	0	0	19 000	0
Revenue	1 791 000	1 652 000	1 600 000	1 627 000
Cost of Goods Sold	217 000	104 000	121 000	128 000
Salary Costs	1 137 000	1 139 000	990 000	1 018 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 676 000	1 510 000	1 363 000	1 400 000
Operating Profit	116 000	142 000	237 000	227 000
Financial Income	0	22 000	11 000	22 000
Financial Costs	8 000	17 000	0	2 000
Financial Balance	−8 000	5 000	11 000	20 000
Dividends	0	400 000	0	0
Net Income	81 000	109 000	195 000	196 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	77 000	84 000	126 000	115 000
Total Fixed Assets	77 000	84 000	126 000	115 000
Stock	199 000	222 000	186 000	95 000
Total Investments	0	0	0	0
Cash, Bank	401 000	371 000	607 000	463 000
Total Current Assets	610 000	599 000	799 000	568 000
Total Assets	686 000	683 000	925 000	683 000
Total Equity	376 000	295 000	585 000	391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	4 000	59 000	5 000
Unpaid Taxes	154 000	137 000	127 000	135 000
Dividends	0	400 000	0	0
Other Current Debt	113 000	108 000	101 000	102 000
Total Current Debt	311 000	388 000	340 000	292 000
Total Equity and Debt	686 000	683 000	925 000	683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,54 %	36,95 %	33,33 %	50,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,48 %	8,6 %	14,81 %	13,95 %
Current Ratio	1,96	1,54	2,35	1,95
Quick Ratio	5,45	3,61	5,19	2,88
Equity Ratio	0,55	0,43	0,63	0,57
Gross Profit Margin	87,88 %	93,7 %	92,44 %	92,13 %