REN FRISØR AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

−6,01 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 941 000	2 329 000	2 529 000	3 611 000
Net Income	−17 000	−76 000	12 000	157 000
Total Assets	886 000	921 000	1 140 000	1 393 000
Total Equity	283 000	301 000	455 000	442 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 941 000	2 329 000	2 529 000	3 611 000
Expenditure	2 947 000	2 396 000	2 491 000	3 380 000
Operating Profit	−7 000	−68 000	38 000	231 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	11 000	9 000	23 000	30 000
Financial Balance	−10 000	−9 000	−22 000	−29 000
Earnings Before Tax	−17 000	−76 000	16 000	202 000
Tax	0	0	3 000	44 000
Net Income	−17 000	−76 000	12 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	237 000	248 000	261 000	326 000
Total Current Assets	649 000	673 000	879 000	1 067 000
Total Assets	886 000	921 000	1 140 000	1 393 000
Total Retained Equity	253 000	271 000	425 000	412 000
Total Equity	283 000	301 000	455 000	442 000
Total Long-Term Debt	146 000	237 000	325 000	385 000
Total Current Debt	456 000	384 000	360 000	566 000
Total Equity and Debt	886 000	921 000	1 140 000	1 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 941 000	2 329 000	2 529 000	3 611 000
Other Income	0	0	0	0
Revenue	2 941 000	2 329 000	2 529 000	3 611 000
Cost of Goods Sold	341 000	251 000	274 000	397 000
Salary Costs	2 015 000	1 592 000	1 627 000	2 396 000
Depreciation	12 000	13 000	65 000	82 000
Impairment	0	0	0	0
Expenditure	2 947 000	2 396 000	2 491 000	3 380 000
Operating Profit	−7 000	−68 000	38 000	231 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	11 000	9 000	23 000	30 000
Financial Balance	−10 000	−9 000	−22 000	−29 000
Dividends	0	0	0	0
Net Income	−17 000	−76 000	12 000	157 000

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	235 000	248 000	261 000	326 000
Total Tangible Assets	235 000	248 000	261 000	326 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	237 000	248 000	261 000	326 000
Stock	87 000	87 000	105 000	108 000
Total Investments	0	0	0	0
Cash, Bank	454 000	538 000	692 000	944 000
Total Current Assets	649 000	673 000	879 000	1 067 000
Total Assets	886 000	921 000	1 140 000	1 393 000
Total Equity	283 000	301 000	455 000	442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	146 000	237 000	325 000	385 000
Creditors	19 000	3 000	0	5 000
Unpaid Taxes	241 000	215 000	193 000	275 000
Dividends	0	0	0	0
Other Current Debt	196 000	165 000	163 000	242 000
Total Current Debt	456 000	384 000	360 000	566 000
Total Equity and Debt	886 000	921 000	1 140 000	1 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,01 %	−25,25 %	2,64 %	35,52 %
Debt-to-Equity Ratio	0,52	0,79	0,71	0,87
Operating Profit Margin	−0,24 %	−2,92 %	1,5 %	6,4 %
Current Ratio	1,42	1,75	2,44	1,89
Quick Ratio	1,76	2,27	3,45	2,33
Equity Ratio	0,32	0,33	0,4	0,32
Gross Profit Margin	88,41 %	89,22 %	89,17 %	89,01 %