STORM FRISØRSALONG AS

6980 ASKVOLL

Finances

Share Ownership

Return on Equity

43,01 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 619 000	1 747 000	1 588 000	1 706 000
Net Income	83 000	−45 000	83 000	−4 000
Total Assets	475 000	503 000	582 000	586 000
Total Equity	193 000	110 000	155 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 619 000	1 747 000	1 588 000	1 706 000
Expenditure	1 505 000	1 792 000	1 465 000	1 691 000
Operating Profit	113 000	−44 000	123 000	15 000
Financial Income	0	0	0	0
Financial Costs	6 000	13 000	16 000	21 000
Financial Balance	−6 000	−13 000	−16 000	−21 000
Earnings Before Tax	107 000	−57 000	106 000	−6 000
Tax	25 000	−13 000	23 000	−1 000
Net Income	83 000	−45 000	83 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 000	61 000	64 000	118 000
Total Current Assets	444 000	442 000	518 000	468 000
Total Assets	475 000	503 000	582 000	586 000
Total Retained Equity	93 000	10 000	55 000	−28 000
Total Equity	193 000	110 000	155 000	72 000
Total Long-Term Debt	0	69 000	148 000	202 000
Total Current Debt	283 000	323 000	280 000	312 000
Total Equity and Debt	475 000	503 000	582 000	586 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 619 000	1 747 000	1 560 000	1 706 000
Other Income	0	0	27 000	0
Revenue	1 619 000	1 747 000	1 588 000	1 706 000
Cost of Goods Sold	193 000	239 000	217 000	262 000
Salary Costs	976 000	1 210 000	914 000	1 108 000
Depreciation	15 000	16 000	31 000	40 000
Impairment	0	0	0	0
Expenditure	1 505 000	1 792 000	1 465 000	1 691 000
Operating Profit	113 000	−44 000	123 000	15 000
Financial Income	0	0	0	0
Financial Costs	6 000	13 000	16 000	21 000
Financial Balance	−6 000	−13 000	−16 000	−21 000
Dividends	0	0	0	0
Net Income	83 000	−45 000	83 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	18 000	6 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	43 000	58 000	89 000
Total Tangible Assets	27 000	43 000	58 000	89 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	31 000	61 000	64 000	118 000
Stock	189 000	195 000	186 000	189 000
Total Investments	0	0	0	0
Cash, Bank	197 000	127 000	140 000	52 000
Total Current Assets	444 000	442 000	518 000	468 000
Total Assets	475 000	503 000	582 000	586 000
Total Equity	193 000	110 000	155 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	69 000	148 000	202 000
Creditors	19 000	27 000	42 000	28 000
Unpaid Taxes	94 000	124 000	100 000	131 000
Dividends	0	0	0	0
Other Current Debt	160 000	172 000	138 000	153 000
Total Current Debt	283 000	323 000	280 000	312 000
Total Equity and Debt	475 000	503 000	582 000	586 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,01 %	−40,91 %	53,55 %	−5,56 %
Debt-to-Equity Ratio	0	0,63	0,95	2,81
Operating Profit Margin	6,98 %	−2,52 %	7,75 %	0,88 %
Current Ratio	1,57	1,37	1,85	1,5
Quick Ratio	4,72	3,45	5,51	3,8
Equity Ratio	0,41	0,22	0,27	0,12
Gross Profit Margin	88,08 %	86,32 %	86,34 %	84,64 %