CHI-ART OF HAIR AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

85,8 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 105 000	2 487 000	2 855 000	3 796 000
Net Income	302 000	202 000	−341 000	122 000
Total Assets	807 000	506 000	651 000	724 000
Total Equity	352 000	51 000	−152 000	189 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 105 000	2 487 000	2 855 000	3 796 000
Expenditure	1 760 000	2 275 000	3 192 000	3 664 000
Operating Profit	344 000	211 000	−337 000	132 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	4 000	9 000	4 000	10 000
Financial Balance	−3 000	−8 000	−3 000	−9 000
Earnings Before Tax	340 000	202 000	−341 000	122 000
Tax	39 000	0	0	0
Net Income	302 000	202 000	−341 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	31 000	54 000	78 000
Total Current Assets	799 000	475 000	596 000	646 000
Total Assets	807 000	506 000	651 000	724 000
Total Retained Equity	107 000	−195 000	−397 000	−56 000
Total Equity	352 000	51 000	−152 000	189 000
Total Long-Term Debt	4 000	30 000	54 000	77 000
Total Current Debt	450 000	426 000	748 000	457 000
Total Equity and Debt	807 000	506 000	651 000	724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 225 000	1 676 000	2 760 000	3 796 000
Other Income	880 000	810 000	95 000	0
Revenue	2 105 000	2 487 000	2 855 000	3 796 000
Cost of Goods Sold	469 000	523 000	869 000	763 000
Salary Costs	583 000	975 000	1 431 000	2 092 000
Depreciation	23 000	23 000	23 000	19 000
Impairment	0	0	0	0
Expenditure	1 760 000	2 275 000	3 192 000	3 664 000
Operating Profit	344 000	211 000	−337 000	132 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	4 000	9 000	4 000	10 000
Financial Balance	−3 000	−8 000	−3 000	−9 000
Dividends	0	0	0	0
Net Income	302 000	202 000	−341 000	122 000

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	8 000	31 000	54 000	78 000
Total Tangible Assets	8 000	31 000	54 000	78 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	31 000	54 000	78 000
Stock	263 000	191 000	203 000	195 000
Total Investments	0	0	0	0
Cash, Bank	529 000	248 000	377 000	439 000
Total Current Assets	799 000	475 000	596 000	646 000
Total Assets	807 000	506 000	651 000	724 000
Total Equity	352 000	51 000	−152 000	189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	30 000	54 000	77 000
Creditors	79 000	158 000	276 000	38 000
Unpaid Taxes	67 000	32 000	120 000	234 000
Dividends	0	0	0	0
Other Current Debt	265 000	236 000	352 000	186 000
Total Current Debt	450 000	426 000	748 000	457 000
Total Equity and Debt	807 000	506 000	651 000	724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,8 %	396,08 %	224,34 %	64,55 %
Debt-to-Equity Ratio	0,01	0,59	−0,36	0,41
Operating Profit Margin	16,34 %	8,48 %	−11,8 %	3,48 %
Current Ratio	1,78	1,12	0,8	1,41
Quick Ratio	4,27	2,02	1,09	2,47
Equity Ratio	0,44	0,1	−0,23	0,26
Gross Profit Margin	77,72 %	78,97 %	69,56 %	79,9 %