ART FRISØRER AS

1480 SLATTUM

Finances

Share Ownership

Return on Equity

15,32 %

Current Ratio

3,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 142 000	1 625 000	1 460 000	2 029 000
Net Income	72 000	110 000	94 000	46 000
Total Assets	623 000	653 000	608 000	554 000
Total Equity	470 000	399 000	289 000	195 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 142 000	1 625 000	1 460 000	2 029 000
Expenditure	1 125 000	1 463 000	1 373 000	1 971 000
Operating Profit	54 000	144 000	109 000	58 000
Financial Income	38 000	0	14 000	0
Financial Costs	0	0	0	1 000
Financial Balance	38 000	0	14 000	−1 000
Earnings Before Tax	92 000	144 000	123 000	57 000
Tax	20 000	34 000	29 000	12 000
Net Income	72 000	110 000	94 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	64 000	80 000	100 000
Total Current Assets	581 000	590 000	528 000	455 000
Total Assets	623 000	653 000	608 000	554 000
Total Retained Equity	414 000	343 000	233 000	139 000
Total Equity	470 000	399 000	289 000	195 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	152 000	255 000	319 000	359 000
Total Equity and Debt	623 000	653 000	608 000	554 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 142 000	1 625 000	1 440 000	2 029 000
Other Income	0	0	19 000	0
Revenue	1 142 000	1 625 000	1 460 000	2 029 000
Cost of Goods Sold	167 000	300 000	204 000	292 000
Salary Costs	598 000	766 000	806 000	1 240 000
Depreciation	23 000	16 000	20 000	25 000
Impairment	0	0	0	0
Expenditure	1 125 000	1 463 000	1 373 000	1 971 000
Operating Profit	54 000	144 000	109 000	58 000
Financial Income	38 000	0	14 000	0
Financial Costs	0	0	0	1 000
Financial Balance	38 000	0	14 000	−1 000
Dividends	0	0	0	0
Net Income	72 000	110 000	94 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	41 000	52 000	65 000	81 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	12 000	15 000	19 000
Total Tangible Assets	41 000	64 000	80 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	64 000	80 000	100 000
Stock	140 000	103 000	121 000	99 000
Total Investments	0	0	0	0
Cash, Bank	422 000	457 000	381 000	350 000
Total Current Assets	581 000	590 000	528 000	455 000
Total Assets	623 000	653 000	608 000	554 000
Total Equity	470 000	399 000	289 000	195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	36 000	55 000	31 000	31 000
Unpaid Taxes	56 000	110 000	93 000	146 000
Dividends	0	0	0	0
Other Current Debt	40 000	56 000	167 000	170 000
Total Current Debt	152 000	255 000	319 000	359 000
Total Equity and Debt	623 000	653 000	608 000	554 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,32 %	27,57 %	32,53 %	23,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,73 %	8,86 %	7,47 %	2,86 %
Current Ratio	3,82	2,31	1,66	1,27
Quick Ratio	48,42	3,88	2,67	1,75
Equity Ratio	0,75	0,61	0,48	0,35
Gross Profit Margin	85,38 %	81,54 %	86,03 %	85,61 %