STUDIO HÅRFAGRE AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

28,74 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 139 000	1 988 000	2 022 000	2 146 000
Net Income	75 000	−31 000	35 000	11 000
Total Assets	729 000	667 000	706 000	651 000
Total Equity	261 000	186 000	217 000	182 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 139 000	1 988 000	2 022 000	2 146 000
Expenditure	2 052 000	2 019 000	1 980 000	2 133 000
Operating Profit	86 000	−31 000	41 000	12 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	2 000	0	0
Financial Balance	2 000	0	1 000	0
Earnings Before Tax	88 000	−31 000	42 000	13 000
Tax	13 000	0	6 000	1 000
Net Income	75 000	−31 000	35 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	95 000	70 000	71 000
Total Current Assets	622 000	572 000	636 000	579 000
Total Assets	729 000	667 000	706 000	651 000
Total Retained Equity	161 000	86 000	117 000	81 000
Total Equity	261 000	186 000	217 000	182 000
Total Long-Term Debt	3 000	0	0	0
Total Current Debt	464 000	481 000	488 000	469 000
Total Equity and Debt	729 000	667 000	706 000	651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 138 000	1 962 000	1 976 000	2 146 000
Other Income	0	26 000	45 000	0
Revenue	2 139 000	1 988 000	2 022 000	2 146 000
Cost of Goods Sold	200 000	180 000	151 000	140 000
Salary Costs	1 280 000	1 235 000	1 326 000	1 471 000
Depreciation	6 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	2 052 000	2 019 000	1 980 000	2 133 000
Operating Profit	86 000	−31 000	41 000	12 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	2 000	0	0
Financial Balance	2 000	0	1 000	0
Dividends	0	0	0	0
Net Income	75 000	−31 000	35 000	11 000

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	57 000	45 000	0	0
Total Tangible Assets	57 000	45 000	0	0
Total Fiancial Fixed Assets	50 000	50 000	70 000	71 000
Total Fixed Assets	107 000	95 000	70 000	71 000
Stock	99 000	88 000	56 000	75 000
Total Investments	0	0	0	0
Cash, Bank	507 000	469 000	555 000	481 000
Total Current Assets	622 000	572 000	636 000	579 000
Total Assets	729 000	667 000	706 000	651 000
Total Equity	261 000	186 000	217 000	182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	0	0	0
Creditors	56 000	100 000	51 000	45 000
Unpaid Taxes	134 000	110 000	162 000	171 000
Dividends	0	0	0	0
Other Current Debt	265 000	271 000	269 000	251 000
Total Current Debt	464 000	481 000	488 000	469 000
Total Equity and Debt	729 000	667 000	706 000	651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,74 %	−16,67 %	16,13 %	6,04 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	4,02 %	−1,56 %	2,03 %	0,56 %
Current Ratio	1,34	1,19	1,3	1,23
Quick Ratio	1,7	1,46	1,47	1,47
Equity Ratio	0,36	0,28	0,31	0,28
Gross Profit Margin	90,65 %	90,95 %	92,53 %	93,48 %