PICASSO-FRISØR AS

6514 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−78,13 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 027 000	1 111 000	1 226 000	1 315 000
Net Income	−25 000	−41 000	68 000	24 000
Total Assets	216 000	246 000	281 000	268 000
Total Equity	32 000	57 000	98 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 027 000	1 111 000	1 226 000	1 315 000
Expenditure	1 053 000	1 157 000	1 153 000	1 291 000
Operating Profit	−26 000	−46 000	71 000	24 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Earnings Before Tax	−25 000	−45 000	71 000	24 000
Tax	0	−4 000	4 000	0
Net Income	−25 000	−41 000	68 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	14 000	16 000	19 000
Total Current Assets	204 000	232 000	265 000	249 000
Total Assets	216 000	246 000	281 000	268 000
Total Retained Equity	−68 000	−43 000	−2 000	−69 000
Total Equity	32 000	57 000	98 000	31 000
Total Long-Term Debt	0	0	4 000	0
Total Current Debt	184 000	189 000	179 000	237 000
Total Equity and Debt	216 000	246 000	281 000	268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 027 000	1 111 000	1 209 000	1 315 000
Other Income	0	0	16 000	0
Revenue	1 027 000	1 111 000	1 226 000	1 315 000
Cost of Goods Sold	111 000	170 000	114 000	158 000
Salary Costs	646 000	699 000	734 000	873 000
Depreciation	2 000	2 000	2 000	1 000
Impairment	0	0	0	0
Expenditure	1 053 000	1 157 000	1 153 000	1 291 000
Operating Profit	−26 000	−46 000	71 000	24 000
Financial Income	1 000	1 000	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	0	0
Dividends	0	0	0	0
Net Income	−25 000	−41 000	68 000	24 000

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	11 000	14 000	16 000	19 000
Total Tangible Assets	11 000	14 000	16 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	14 000	16 000	19 000
Stock	108 000	104 000	126 000	94 000
Total Investments	1 000	1 000	1 000	1 000
Cash, Bank	25 000	63 000	56 000	62 000
Total Current Assets	204 000	232 000	265 000	249 000
Total Assets	216 000	246 000	281 000	268 000
Total Equity	32 000	57 000	98 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 000	0
Creditors	18 000	22 000	28 000	41 000
Unpaid Taxes	58 000	66 000	95 000	105 000
Dividends	0	0	0	0
Other Current Debt	108 000	101 000	56 000	91 000
Total Current Debt	184 000	189 000	179 000	237 000
Total Equity and Debt	216 000	246 000	281 000	268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−78,13 %	−71,93 %	69,39 %	77,42 %
Debt-to-Equity Ratio	0	0	0,04	0
Operating Profit Margin	−2,53 %	−4,14 %	5,79 %	1,83 %
Current Ratio	1,11	1,23	1,48	1,05
Quick Ratio	2,68	2,73	5	1,74
Equity Ratio	0,15	0,23	0,35	0,12
Gross Profit Margin	89,19 %	84,7 %	90,7 %	87,98 %