THINK HAIR WEAR FLØYBANEN AS

5014 BERGEN

Finances

Share Ownership

Return on Equity

42,63 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 156 000	5 192 000	4 537 000	4 250 000
Net Income	243 000	38 000	57 000	187 000
Total Assets	2 348 000	2 221 000	1 947 000	2 352 000
Total Equity	570 000	578 000	578 000	574 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 156 000	5 192 000	4 537 000	4 250 000
Expenditure	4 845 000	5 144 000	4 461 000	4 019 000
Operating Profit	312 000	48 000	76 000	231 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	2 000
Financial Balance	0	0	−2 000	−2 000
Earnings Before Tax	311 000	48 000	74 000	228 000
Tax	69 000	11 000	17 000	42 000
Net Income	243 000	38 000	57 000	187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	656 000	814 000	100 000	1 072 000
Total Current Assets	1 693 000	1 408 000	1 847 000	1 280 000
Total Assets	2 348 000	2 221 000	1 947 000	2 352 000
Total Retained Equity	254 000	262 000	262 000	259 000
Total Equity	570 000	578 000	578 000	574 000
Total Long-Term Debt	1 000	418 000	3 000	2 000
Total Current Debt	1 778 000	1 226 000	1 366 000	1 776 000
Total Equity and Debt	2 348 000	2 221 000	1 947 000	2 352 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 013 000	5 091 000	4 463 000	4 250 000
Other Income	143 000	101 000	74 000	0
Revenue	5 156 000	5 192 000	4 537 000	4 250 000
Cost of Goods Sold	758 000	932 000	782 000	696 000
Salary Costs	2 371 000	2 496 000	2 184 000	2 144 000
Depreciation	17 000	22 000	15 000	10 000
Impairment	0	0	0	0
Expenditure	4 845 000	5 144 000	4 461 000	4 019 000
Operating Profit	312 000	48 000	76 000	231 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	2 000
Financial Balance	0	0	−2 000	−2 000
Dividends	0	0	0	0
Net Income	243 000	38 000	57 000	187 000

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	30 000	47 000	68 000	40 000
Total Tangible Assets	30 000	47 000	68 000	40 000
Total Fiancial Fixed Assets	626 000	767 000	32 000	1 032 000
Total Fixed Assets	656 000	814 000	100 000	1 072 000
Stock	504 000	396 000	352 000	353 000
Total Investments	0	0	0	0
Cash, Bank	468 000	555 000	441 000	156 000
Total Current Assets	1 693 000	1 408 000	1 847 000	1 280 000
Total Assets	2 348 000	2 221 000	1 947 000	2 352 000
Total Equity	570 000	578 000	578 000	574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	418 000	3 000	2 000
Creditors	83 000	278 000	159 000	60 000
Unpaid Taxes	236 000	282 000	236 000	283 000
Dividends	0	0	0	0
Other Current Debt	1 459 000	665 000	972 000	1 433 000
Total Current Debt	1 778 000	1 226 000	1 366 000	1 776 000
Total Equity and Debt	2 348 000	2 221 000	1 947 000	2 352 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,63 %	6,57 %	9,86 %	32,58 %
Debt-to-Equity Ratio	0	0,72	0,01	0
Operating Profit Margin	6,05 %	0,92 %	1,68 %	5,44 %
Current Ratio	0,95	1,15	1,35	0,72
Quick Ratio	1,33	1,7	1,82	0,9
Equity Ratio	0,24	0,26	0,3	0,24
Gross Profit Margin	85,3 %	82,05 %	82,76 %	83,62 %