STYLING TECH AS

7606 LEVANGER

Finances

Share Ownership

Return on Equity

17,38 %

Current Ratio

0,8

Debt-to-Equity Ratio

−0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 074 000	3 226 000	2 938 000	2 339 000
Net Income	−215 000	39 000	229 000	280 000
Total Assets	2 105 000	2 001 000	1 922 000	1 537 000
Total Equity	−1 237 000	−1 022 000	−1 061 000	−1 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 074 000	3 226 000	2 938 000	2 339 000
Expenditure	3 137 000	2 988 000	2 548 000	1 904 000
Operating Profit	−62 000	238 000	391 000	434 000
Financial Income	5 000	0	2 000	1 000
Financial Costs	157 000	200 000	163 000	155 000
Financial Balance	−152 000	−200 000	−161 000	−154 000
Earnings Before Tax	−215 000	39 000	229 000	280 000
Tax	0	0	0	0
Net Income	−215 000	39 000	229 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 105 000	2 001 000	1 922 000	1 537 000
Total Assets	2 105 000	2 001 000	1 922 000	1 537 000
Total Retained Equity	−1 337 000	−1 122 000	−1 161 000	−1 390 000
Total Equity	−1 237 000	−1 022 000	−1 061 000	−1 290 000
Total Long-Term Debt	711 000	891 000	1 060 000	1 071 000
Total Current Debt	2 631 000	2 132 000	1 923 000	1 757 000
Total Equity and Debt	2 105 000	2 001 000	1 922 000	1 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 074 000	3 226 000	2 938 000	2 339 000
Other Income	0	0	0	0
Revenue	3 074 000	3 226 000	2 938 000	2 339 000
Cost of Goods Sold	2 410 000	2 198 000	2 030 000	1 438 000
Salary Costs	92 000	176 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 137 000	2 988 000	2 548 000	1 904 000
Operating Profit	−62 000	238 000	391 000	434 000
Financial Income	5 000	0	2 000	1 000
Financial Costs	157 000	200 000	163 000	155 000
Financial Balance	−152 000	−200 000	−161 000	−154 000
Dividends	0	0	0	0
Net Income	−215 000	39 000	229 000	280 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 089 000	1 791 000	1 693 000	1 498 000
Total Investments	0	0	0	0
Cash, Bank	4 000	1 000	19 000	0
Total Current Assets	2 105 000	2 001 000	1 922 000	1 537 000
Total Assets	2 105 000	2 001 000	1 922 000	1 537 000
Total Equity	−1 237 000	−1 022 000	−1 061 000	−1 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	711 000	891 000	1 060 000	1 071 000
Creditors	606 000	555 000	526 000	451 000
Unpaid Taxes	299 000	318 000	389 000	213 000
Dividends	0	0	0	0
Other Current Debt	1 363 000	960 000	1 008 000	1 093 000
Total Current Debt	2 631 000	2 132 000	1 923 000	1 757 000
Total Equity and Debt	2 105 000	2 001 000	1 922 000	1 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,38 %	−3,82 %	−21,58 %	−21,71 %
Debt-to-Equity Ratio	−0,57	−0,87	−1	−0,83
Operating Profit Margin	−2,02 %	7,38 %	13,31 %	18,55 %
Current Ratio	0,8	0,94	1	0,87
Quick Ratio	3,88	5,87	8,36	5,93
Equity Ratio	−0,59	−0,51	−0,55	−0,84
Gross Profit Margin	21,6 %	31,87 %	30,91 %	38,52 %