FOLK FRISØR AS

6973 SANDE I SUNNFJORD

Finances

Share Ownership

Return on Equity

62,11 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 643 000	1 594 000	1 071 000	1 237 000
Net Income	141 000	87 000	−113 000	49 000
Total Assets	566 000	465 000	416 000	516 000
Total Equity	227 000	86 000	−1 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 643 000	1 594 000	1 071 000	1 237 000
Expenditure	1 453 000	1 473 000	1 174 000	1 164 000
Operating Profit	190 000	121 000	−103 000	72 000
Financial Income	0	0	0	0
Financial Costs	6 000	12 000	15 000	18 000
Financial Balance	−6 000	−12 000	−15 000	−18 000
Earnings Before Tax	184 000	108 000	−118 000	54 000
Tax	43 000	21 000	−5 000	5 000
Net Income	141 000	87 000	−113 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	83 000	141 000	170 000	269 000
Total Current Assets	483 000	324 000	246 000	247 000
Total Assets	566 000	465 000	416 000	516 000
Total Retained Equity	127 000	−14 000	−101 000	12 000
Total Equity	227 000	86 000	−1 000	112 000
Total Long-Term Debt	0	59 000	174 000	211 000
Total Current Debt	339 000	319 000	243 000	194 000
Total Equity and Debt	566 000	465 000	416 000	516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 642 000	1 591 000	1 046 000	1 237 000
Other Income	1 000	2 000	25 000	0
Revenue	1 643 000	1 594 000	1 071 000	1 237 000
Cost of Goods Sold	174 000	188 000	154 000	160 000
Salary Costs	931 000	927 000	625 000	632 000
Depreciation	58 000	93 000	99 000	99 000
Impairment	0	0	0	0
Expenditure	1 453 000	1 473 000	1 174 000	1 164 000
Operating Profit	190 000	121 000	−103 000	72 000
Financial Income	0	0	0	0
Financial Costs	6 000	12 000	15 000	18 000
Financial Balance	−6 000	−12 000	−15 000	−18 000
Dividends	0	0	0	0
Net Income	141 000	87 000	−113 000	49 000

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	83 000	141 000	170 000	269 000
Total Tangible Assets	83 000	141 000	170 000	269 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	83 000	141 000	170 000	269 000
Stock	182 000	173 000	112 000	110 000
Total Investments	0	0	0	0
Cash, Bank	291 000	114 000	98 000	104 000
Total Current Assets	483 000	324 000	246 000	247 000
Total Assets	566 000	465 000	416 000	516 000
Total Equity	227 000	86 000	−1 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	59 000	174 000	211 000
Creditors	28 000	33 000	34 000	36 000
Unpaid Taxes	101 000	93 000	72 000	76 000
Dividends	0	0	0	0
Other Current Debt	166 000	173 000	137 000	76 000
Total Current Debt	339 000	319 000	243 000	194 000
Total Equity and Debt	566 000	465 000	416 000	516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,11 %	101,16 %	11 300 %	43,75 %
Debt-to-Equity Ratio	0	0,69	−174	1,88
Operating Profit Margin	11,56 %	7,59 %	−9,62 %	5,82 %
Current Ratio	1,42	1,02	1,01	1,27
Quick Ratio	3,08	2,22	1,88	2,94
Equity Ratio	0,4	0,18	−0	0,22
Gross Profit Margin	89,41 %	88,21 %	85,62 %	87,07 %