PARK FRISØRER AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

17,7 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 863 000	3 870 000	3 383 000	3 347 000
Net Income	103 000	245 000	112 000	125 000
Total Assets	1 420 000	1 524 000	1 249 000	1 134 000
Total Equity	582 000	478 000	383 000	352 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 863 000	3 870 000	3 383 000	3 347 000
Expenditure	3 727 000	3 555 000	3 237 000	3 186 000
Operating Profit	136 000	316 000	145 000	161 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	1 000
Financial Balance	−2 000	−1 000	−1 000	−1 000
Earnings Before Tax	134 000	314 000	144 000	161 000
Tax	31 000	70 000	33 000	35 000
Net Income	103 000	245 000	112 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	42 000	82 000	122 000
Total Current Assets	1 417 000	1 482 000	1 167 000	1 012 000
Total Assets	1 420 000	1 524 000	1 249 000	1 134 000
Total Retained Equity	264 000	160 000	65 000	34 000
Total Equity	582 000	478 000	383 000	352 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	838 000	1 045 000	865 000	782 000
Total Equity and Debt	1 420 000	1 524 000	1 249 000	1 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 863 000	3 869 000	3 336 000	3 345 000
Other Income	0	1 000	47 000	1 000
Revenue	3 863 000	3 870 000	3 383 000	3 347 000
Cost of Goods Sold	459 000	471 000	447 000	404 000
Salary Costs	2 625 000	2 508 000	2 249 000	2 216 000
Depreciation	39 000	40 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	3 727 000	3 555 000	3 237 000	3 186 000
Operating Profit	136 000	316 000	145 000	161 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	1 000	1 000
Financial Balance	−2 000	−1 000	−1 000	−1 000
Dividends	0	150 000	80 000	100 000
Net Income	103 000	245 000	112 000	125 000

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	3 000	42 000	82 000	122 000
Total Tangible Assets	3 000	42 000	82 000	122 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	42 000	82 000	122 000
Stock	211 000	268 000	219 000	169 000
Total Investments	0	0	0	0
Cash, Bank	1 183 000	1 185 000	921 000	819 000
Total Current Assets	1 417 000	1 482 000	1 167 000	1 012 000
Total Assets	1 420 000	1 524 000	1 249 000	1 134 000
Total Equity	582 000	478 000	383 000	352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	45 000	77 000	97 000	27 000
Unpaid Taxes	376 000	374 000	312 000	303 000
Dividends	0	150 000	80 000	100 000
Other Current Debt	387 000	375 000	343 000	315 000
Total Current Debt	838 000	1 045 000	865 000	782 000
Total Equity and Debt	1 420 000	1 524 000	1 249 000	1 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,7 %	51,26 %	29,24 %	35,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,52 %	8,17 %	4,29 %	4,81 %
Current Ratio	1,69	1,42	1,35	1,29
Quick Ratio	2,26	1,91	1,81	1,65
Equity Ratio	0,41	0,31	0,31	0,31
Gross Profit Margin	88,12 %	87,83 %	86,79 %	87,93 %