KVERNALAND FRISØR AS

4355 KVERNALAND

Finances

Share Ownership

Return on Equity

60,72 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 537 000	5 572 000	5 338 000	5 570 000
Net Income	538 000	567 000	691 000	610 000
Total Assets	2 374 000	1 873 000	2 633 000	1 955 000
Total Equity	886 000	348 000	331 000	990 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 537 000	5 572 000	5 338 000	5 570 000
Expenditure	4 847 000	4 847 000	4 453 000	4 803 000
Operating Profit	691 000	726 000	885 000	767 000
Financial Income	5 000	1 000	1 000	16 000
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	1 000	16 000
Earnings Before Tax	696 000	727 000	886 000	782 000
Tax	158 000	160 000	195 000	172 000
Net Income	538 000	567 000	691 000	610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	146 000	384 000	621 000
Total Current Assets	2 351 000	1 728 000	2 249 000	1 334 000
Total Assets	2 374 000	1 873 000	2 633 000	1 955 000
Total Retained Equity	586 000	48 000	31 000	690 000
Total Equity	886 000	348 000	331 000	990 000
Total Long-Term Debt	0	19 000	18 000	16 000
Total Current Debt	1 488 000	1 506 000	2 284 000	949 000
Total Equity and Debt	2 374 000	1 873 000	2 633 000	1 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 537 000	5 572 000	5 251 000	5 570 000
Other Income	0	0	87 000	0
Revenue	5 537 000	5 572 000	5 338 000	5 570 000
Cost of Goods Sold	500 000	517 000	481 000	521 000
Salary Costs	3 059 000	3 093 000	2 715 000	2 922 000
Depreciation	122 000	238 000	238 000	249 000
Impairment	0	0	0	0
Expenditure	4 847 000	4 847 000	4 453 000	4 803 000
Operating Profit	691 000	726 000	885 000	767 000
Financial Income	5 000	1 000	1 000	16 000
Financial Costs	0	0	0	0
Financial Balance	5 000	1 000	1 000	16 000
Dividends	0	550 000	1 350 000	0
Net Income	538 000	567 000	691 000	610 000

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	23 000	146 000	384 000	621 000
Total Tangible Assets	23 000	146 000	384 000	621 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	146 000	384 000	621 000
Stock	227 000	192 000	184 000	240 000
Total Investments	0	0	0	0
Cash, Bank	1 982 000	1 436 000	1 979 000	1 002 000
Total Current Assets	2 351 000	1 728 000	2 249 000	1 334 000
Total Assets	2 374 000	1 873 000	2 633 000	1 955 000
Total Equity	886 000	348 000	331 000	990 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	19 000	18 000	16 000
Creditors	28 000	33 000	56 000	63 000
Unpaid Taxes	416 000	450 000	409 000	404 000
Dividends	0	550 000	1 350 000	0
Other Current Debt	868 000	315 000	275 000	310 000
Total Current Debt	1 488 000	1 506 000	2 284 000	949 000
Total Equity and Debt	2 374 000	1 873 000	2 633 000	1 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,72 %	162,93 %	208,76 %	61,62 %
Debt-to-Equity Ratio	0	0,05	0,05	0,02
Operating Profit Margin	12,48 %	13,03 %	16,58 %	13,77 %
Current Ratio	1,58	1,15	0,98	1,41
Quick Ratio	1,86	1,32	1,07	1,88
Equity Ratio	0,37	0,19	0,13	0,51
Gross Profit Margin	90,97 %	90,72 %	90,99 %	90,65 %