FRISØRINSTITUTTET AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

22,57 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 091 000	1 851 000	2 719 000	2 476 000
Net Income	93 000	−25 000	245 000	269 000
Total Assets	901 000	758 000	875 000	1 719 000
Total Equity	412 000	320 000	345 000	535 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 091 000	1 851 000	2 719 000	2 476 000
Expenditure	2 001 000	1 874 000	2 419 000	2 153 000
Operating Profit	90 000	−24 000	300 000	323 000
Financial Income	10 000	1 000	5 000	6 000
Financial Costs	7 000	3 000	3 000	3 000
Financial Balance	3 000	−2 000	2 000	3 000
Earnings Before Tax	93 000	−25 000	303 000	326 000
Tax	0	0	58 000	57 000
Net Income	93 000	−25 000	245 000	269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	214 000	283 000	43 000
Total Current Assets	741 000	544 000	592 000	1 676 000
Total Assets	901 000	758 000	875 000	1 719 000
Total Retained Equity	93 000	0	0	0
Total Equity	412 000	320 000	345 000	535 000
Total Long-Term Debt	96 000	96 000	96 000	0
Total Current Debt	393 000	343 000	434 000	1 184 000
Total Equity and Debt	901 000	758 000	875 000	1 719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 091 000	1 801 000	2 719 000	2 472 000
Other Income	0	50 000	0	4 000
Revenue	2 091 000	1 851 000	2 719 000	2 476 000
Cost of Goods Sold	258 000	287 000	406 000	293 000
Salary Costs	858 000	880 000	1 044 000	987 000
Depreciation	63 000	66 000	32 000	6 000
Impairment	0	0	0	0
Expenditure	2 001 000	1 874 000	2 419 000	2 153 000
Operating Profit	90 000	−24 000	300 000	323 000
Financial Income	10 000	1 000	5 000	6 000
Financial Costs	7 000	3 000	3 000	3 000
Financial Balance	3 000	−2 000	2 000	3 000
Dividends	0	0	0	0
Net Income	93 000	−25 000	245 000	269 000

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	161 000	203 000	269 000	27 000
Total Tangible Assets	161 000	203 000	269 000	27 000
Total Fiancial Fixed Assets	0	11 000	13 000	16 000
Total Fixed Assets	161 000	214 000	283 000	43 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	415 000	273 000	472 000	656 000
Total Current Assets	741 000	544 000	592 000	1 676 000
Total Assets	901 000	758 000	875 000	1 719 000
Total Equity	412 000	320 000	345 000	535 000
Short-Term Group Debt	0	0	0	810 000
Total Long-Term Debt	96 000	96 000	96 000	0
Creditors	135 000	129 000	111 000	169 000
Unpaid Taxes	91 000	62 000	89 000	78 000
Dividends	0	0	0	0
Other Current Debt	166 000	152 000	176 000	126 000
Total Current Debt	393 000	343 000	434 000	1 184 000
Total Equity and Debt	901 000	758 000	875 000	1 719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,57 %	−7,81 %	71,01 %	50,28 %
Debt-to-Equity Ratio	0,23	0,3	0,28	0
Operating Profit Margin	4,3 %	−1,3 %	11,03 %	13,05 %
Current Ratio	1,89	1,59	1,36	1,42
Quick Ratio	1,89	1,59	1,36	1,42
Equity Ratio	0,46	0,42	0,39	0,31
Gross Profit Margin	87,66 %	84,49 %	85,07 %	88,17 %