PICASSO FRISØR & BARBER AS

9510 ALTA

Finances

Return on Equity

76,64 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 214 000	2 837 000	2 657 000	2 729 000
Net Income	1 404 000	6 000	129 000	135 000
Total Assets	3 916 000	3 236 000	3 356 000	3 353 000
Total Equity	1 832 000	1 428 000	1 422 000	1 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 214 000	2 837 000	2 657 000	2 729 000
Expenditure	2 427 000	2 765 000	2 340 000	2 465 000
Operating Profit	1 787 000	71 000	316 000	264 000
Financial Income	16 000	102 000	150 000	76 000
Financial Costs	3 000	163 000	298 000	165 000
Financial Balance	13 000	−61 000	−148 000	−89 000
Earnings Before Tax	1 800 000	10 000	167 000	175 000
Tax	396 000	4 000	38 000	40 000
Net Income	1 404 000	6 000	129 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	662 000	1 658 000	1 158 000	1 238 000
Total Current Assets	3 254 000	1 578 000	2 198 000	2 115 000
Total Assets	3 916 000	3 236 000	3 356 000	3 353 000
Total Retained Equity	1 728 000	1 324 000	1 318 000	1 189 000
Total Equity	1 832 000	1 428 000	1 422 000	1 293 000
Total Long-Term Debt	0	1 250 000	1 293 000	1 505 000
Total Current Debt	2 084 000	558 000	640 000	556 000
Total Equity and Debt	3 916 000	3 236 000	3 356 000	3 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 280 000	2 837 000	2 603 000	2 729 000
Other Income	1 934 000	0	54 000	0
Revenue	4 214 000	2 837 000	2 657 000	2 729 000
Cost of Goods Sold	174 000	197 000	169 000	214 000
Salary Costs	1 572 000	1 922 000	1 728 000	1 805 000
Depreciation	98 000	91 000	85 000	85 000
Impairment	0	0	0	0
Expenditure	2 427 000	2 765 000	2 340 000	2 465 000
Operating Profit	1 787 000	71 000	316 000	264 000
Financial Income	16 000	102 000	150 000	76 000
Financial Costs	3 000	163 000	298 000	165 000
Financial Balance	13 000	−61 000	−148 000	−89 000
Dividends	1 000 000	0	0	0
Net Income	1 404 000	6 000	129 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	14 000	8 000	3 000
Real Eastate	602 000	1 597 000	1 088 000	1 157 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	43 000	59 000	74 000
Total Tangible Assets	659 000	1 641 000	1 146 000	1 232 000
Total Fiancial Fixed Assets	0	3 000	3 000	3 000
Total Fixed Assets	662 000	1 658 000	1 158 000	1 238 000
Stock	227 000	246 000	249 000	229 000
Total Investments	0	0	0	0
Cash, Bank	2 925 000	1 300 000	1 925 000	1 875 000
Total Current Assets	3 254 000	1 578 000	2 198 000	2 115 000
Total Assets	3 916 000	3 236 000	3 356 000	3 353 000
Total Equity	1 832 000	1 428 000	1 422 000	1 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 250 000	1 293 000	1 505 000
Creditors	202 000	50 000	13 000	42 000
Unpaid Taxes	144 000	75 000	167 000	149 000
Dividends	1 000 000	0	0	0
Other Current Debt	353 000	423 000	418 000	321 000
Total Current Debt	2 084 000	558 000	640 000	556 000
Total Equity and Debt	3 916 000	3 236 000	3 356 000	3 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,64 %	0,42 %	9,07 %	10,44 %
Debt-to-Equity Ratio	0	0,88	0,91	1,16
Operating Profit Margin	42,41 %	2,5 %	11,89 %	9,67 %
Current Ratio	1,56	2,83	3,43	3,8
Quick Ratio	1,75	5,06	5,62	6,47
Equity Ratio	0,47	0,44	0,42	0,39
Gross Profit Margin	95,87 %	93,06 %	93,64 %	92,16 %