VARDEN HÅRSTUDIO AS

5141 FYLLINGSDALEN

Finances

Share Ownership

Return on Equity

−35,48 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 196 000	1 101 000	1 182 000	963 000
Net Income	−11 000	41 000	16 000	19 000
Total Assets	284 000	277 000	276 000	298 000
Total Equity	31 000	42 000	1 000	−16 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 196 000	1 101 000	1 182 000	963 000
Expenditure	1 206 000	1 041 000	1 154 000	923 000
Operating Profit	−10 000	59 000	27 000	39 000
Financial Income	0	0	0	0
Financial Costs	4 000	6 000	6 000	12 000
Financial Balance	−4 000	−6 000	−6 000	−12 000
Earnings Before Tax	−14 000	53 000	21 000	28 000
Tax	−3 000	12 000	5 000	8 000
Net Income	−11 000	41 000	16 000	19 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	23 000	23 000	39 000	47 000
Total Current Assets	260 000	254 000	238 000	251 000
Total Assets	284 000	277 000	276 000	298 000
Total Retained Equity	−69 000	−58 000	−99 000	−116 000
Total Equity	31 000	42 000	1 000	−16 000
Total Long-Term Debt	23 000	61 000	87 000	118 000
Total Current Debt	230 000	175 000	189 000	196 000
Total Equity and Debt	284 000	277 000	276 000	298 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 196 000	1 083 000	1 182 000	963 000
Other Income	0	18 000	0	0
Revenue	1 196 000	1 101 000	1 182 000	963 000
Cost of Goods Sold	95 000	91 000	74 000	103 000
Salary Costs	832 000	704 000	817 000	590 000
Depreciation	3 000	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	1 206 000	1 041 000	1 154 000	923 000
Operating Profit	−10 000	59 000	27 000	39 000
Financial Income	0	0	0	0
Financial Costs	4 000	6 000	6 000	12 000
Financial Balance	−4 000	−6 000	−6 000	−12 000
Dividends	0	0	0	0
Net Income	−11 000	41 000	16 000	19 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	23 000	20 000	32 000	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	7 000	10 000
Total Tangible Assets	0	3 000	7 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	23 000	39 000	47 000
Stock	57 000	70 000	68 000	63 000
Total Investments	0	0	0	0
Cash, Bank	113 000	68 000	83 000	138 000
Total Current Assets	260 000	254 000	238 000	251 000
Total Assets	284 000	277 000	276 000	298 000
Total Equity	31 000	42 000	1 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 000	61 000	87 000	118 000
Creditors	22 000	1 000	15 000	14 000
Unpaid Taxes	105 000	81 000	88 000	88 000
Dividends	0	0	0	0
Other Current Debt	103 000	93 000	86 000	95 000
Total Current Debt	230 000	175 000	189 000	196 000
Total Equity and Debt	284 000	277 000	276 000	298 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−35,48 %	97,62 %	1 600 %	−118,75 %
Debt-to-Equity Ratio	0,74	1,45	87	−7,38
Operating Profit Margin	−0,84 %	5,36 %	2,28 %	4,05 %
Current Ratio	1,13	1,45	1,26	1,28
Quick Ratio	1,5	2,42	1,97	1,89
Equity Ratio	0,11	0,15	0	−0,05
Gross Profit Margin	92,06 %	91,73 %	93,74 %	89,3 %