PICASSO FRISØR AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

−11,31 %

Current Ratio

0,99

Debt-to-Equity Ratio

−0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 660 000	3 161 000	3 189 000	3 667 000
Net Income	76 000	−317 000	−537 000	18 000
Total Assets	742 000	1 092 000	1 061 000	1 113 000
Total Equity	−672 000	−748 000	−431 000	105 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 660 000	3 161 000	3 189 000	3 667 000
Expenditure	3 550 000	3 469 000	3 705 000	3 629 000
Operating Profit	109 000	−307 000	−514 000	38 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	33 000	10 000	24 000	22 000
Financial Balance	−32 000	−9 000	−23 000	−20 000
Earnings Before Tax	76 000	−317 000	−537 000	18 000
Tax	0	0	0	0
Net Income	76 000	−317 000	−537 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	80 000	197 000	341 000
Total Current Assets	742 000	1 012 000	864 000	771 000
Total Assets	742 000	1 092 000	1 061 000	1 113 000
Total Retained Equity	−774 000	−850 000	−533 000	3 000
Total Equity	−672 000	−748 000	−431 000	105 000
Total Long-Term Debt	663 000	288 000	357 000	439 000
Total Current Debt	751 000	1 552 000	1 135 000	568 000
Total Equity and Debt	742 000	1 092 000	1 061 000	1 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 600 000	3 138 000	3 138 000	3 667 000
Other Income	60 000	23 000	51 000	0
Revenue	3 660 000	3 161 000	3 189 000	3 667 000
Cost of Goods Sold	265 000	258 000	326 000	292 000
Salary Costs	2 387 000	2 131 000	2 354 000	2 479 000
Depreciation	80 000	117 000	145 000	134 000
Impairment	0	0	0	0
Expenditure	3 550 000	3 469 000	3 705 000	3 629 000
Operating Profit	109 000	−307 000	−514 000	38 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	33 000	10 000	24 000	22 000
Financial Balance	−32 000	−9 000	−23 000	−20 000
Dividends	0	0	0	0
Net Income	76 000	−317 000	−537 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 000	4 000	7 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	79 000	192 000	334 000
Total Tangible Assets	0	80 000	197 000	341 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	80 000	197 000	341 000
Stock	193 000	220 000	235 000	219 000
Total Investments	0	0	0	0
Cash, Bank	11 000	283 000	341 000	449 000
Total Current Assets	742 000	1 012 000	864 000	771 000
Total Assets	742 000	1 092 000	1 061 000	1 113 000
Total Equity	−672 000	−748 000	−431 000	105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	663 000	288 000	357 000	439 000
Creditors	200 000	432 000	131 000	43 000
Unpaid Taxes	294 000	872 000	774 000	271 000
Dividends	0	0	0	0
Other Current Debt	257 000	249 000	231 000	254 000
Total Current Debt	751 000	1 552 000	1 135 000	568 000
Total Equity and Debt	742 000	1 092 000	1 061 000	1 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,31 %	42,38 %	124,59 %	17,14 %
Debt-to-Equity Ratio	−0,99	−0,39	−0,83	4,18
Operating Profit Margin	2,98 %	−9,71 %	−16,12 %	1,04 %
Current Ratio	0,99	0,65	0,76	1,36
Quick Ratio	1,33	0,76	0,96	2,21
Equity Ratio	−0,91	−0,68	−0,41	0,09
Gross Profit Margin	92,76 %	91,84 %	89,78 %	92,04 %