FRANTSEN FRISØR AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

3,76 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	726 000	816 000	858 000	995 000
Net Income	5 000	−12 000	−1 000	−10 000
Total Assets	270 000	277 000	296 000	332 000
Total Equity	133 000	128 000	140 000	141 000

Income (NOK)	2022	2021	2020	2019
Revenue	726 000	816 000	858 000	995 000
Expenditure	719 000	831 000	859 000	1 008 000
Operating Profit	7 000	−16 000	−1 000	−13 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	6 000	−16 000	−1 000	−13 000
Tax	1 000	−3 000	0	−3 000
Net Income	5 000	−12 000	−1 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	35 000	32 000	39 000
Total Current Assets	237 000	242 000	265 000	293 000
Total Assets	270 000	277 000	296 000	332 000
Total Retained Equity	33 000	28 000	40 000	41 000
Total Equity	133 000	128 000	140 000	141 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	137 000	149 000	156 000	191 000
Total Equity and Debt	270 000	277 000	296 000	332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	726 000	816 000	858 000	995 000
Other Income	0	0	0	0
Revenue	726 000	816 000	858 000	995 000
Cost of Goods Sold	158 000	142 000	153 000	192 000
Salary Costs	430 000	556 000	569 000	684 000
Depreciation	0	0	7 000	7 000
Impairment	0	0	0	0
Expenditure	719 000	831 000	859 000	1 008 000
Operating Profit	7 000	−16 000	−1 000	−13 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	5 000	−12 000	−1 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	35 000	32 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	35 000	32 000	39 000
Stock	101 000	110 000	133 000	121 000
Total Investments	0	0	0	0
Cash, Bank	125 000	121 000	114 000	153 000
Total Current Assets	237 000	242 000	265 000	293 000
Total Assets	270 000	277 000	296 000	332 000
Total Equity	133 000	128 000	140 000	141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	31 000	36 000	32 000	32 000
Unpaid Taxes	63 000	61 000	69 000	81 000
Dividends	0	0	0	0
Other Current Debt	44 000	51 000	55 000	78 000
Total Current Debt	137 000	149 000	156 000	191 000
Total Equity and Debt	270 000	277 000	296 000	332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,76 %	−9,38 %	−0,71 %	−7,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,96 %	−1,96 %	−0,12 %	−1,31 %
Current Ratio	1,73	1,62	1,7	1,53
Quick Ratio	6,58	6,21	11,52	4,19
Equity Ratio	0,49	0,46	0,47	0,42
Gross Profit Margin	78,24 %	82,6 %	82,17 %	80,7 %