VULKAN FRISØR AS

3580 GEILO

Finances

Share Ownership

Return on Equity

−7,95 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 426 000	2 481 000	2 234 000	1 872 000
Net Income	−38 000	335 000	537 000	166 000
Total Assets	1 108 000	1 211 000	1 557 000	860 000
Total Equity	478 000	517 000	781 000	544 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 426 000	2 481 000	2 234 000	1 872 000
Expenditure	2 473 000	2 053 000	1 549 000	1 664 000
Operating Profit	−47 000	428 000	686 000	208 000
Financial Income	9 000	4 000	4 000	6 000
Financial Costs	0	0	1 000	0
Financial Balance	9 000	4 000	3 000	6 000
Earnings Before Tax	−37 000	432 000	689 000	214 000
Tax	1 000	96 000	152 000	48 000
Net Income	−38 000	335 000	537 000	166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	12 000	25 000	38 000
Total Current Assets	1 108 000	1 199 000	1 533 000	822 000
Total Assets	1 108 000	1 211 000	1 557 000	860 000
Total Retained Equity	459 000	498 000	762 000	525 000
Total Equity	478 000	517 000	781 000	544 000
Total Long-Term Debt	0	0	1 000	1 000
Total Current Debt	629 000	694 000	775 000	315 000
Total Equity and Debt	1 108 000	1 211 000	1 557 000	860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 426 000	2 481 000	2 209 000	1 872 000
Other Income	1 000	0	25 000	0
Revenue	2 426 000	2 481 000	2 234 000	1 872 000
Cost of Goods Sold	338 000	301 000	253 000	189 000
Salary Costs	1 692 000	1 305 000	896 000	1 075 000
Depreciation	11 000	14 000	14 000	7 000
Impairment	0	0	0	0
Expenditure	2 473 000	2 053 000	1 549 000	1 664 000
Operating Profit	−47 000	428 000	686 000	208 000
Financial Income	9 000	4 000	4 000	6 000
Financial Costs	0	0	1 000	0
Financial Balance	9 000	4 000	3 000	6 000
Dividends	0	600 000	300 000	100 000
Net Income	−38 000	335 000	537 000	166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	11 000	25 000	38 000
Total Tangible Assets	0	11 000	25 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	12 000	25 000	38 000
Stock	195 000	209 000	137 000	111 000
Total Investments	0	0	0	0
Cash, Bank	864 000	946 000	1 392 000	705 000
Total Current Assets	1 108 000	1 199 000	1 533 000	822 000
Total Assets	1 108 000	1 211 000	1 557 000	860 000
Total Equity	478 000	517 000	781 000	544 000
Short-Term Group Debt	0	300 000	300 000	0
Total Long-Term Debt	0	0	1 000	1 000
Creditors	32 000	24 000	18 000	3 000
Unpaid Taxes	122 000	142 000	122 000	127 000
Dividends	0	600 000	300 000	100 000
Other Current Debt	475 000	130 000	183 000	138 000
Total Current Debt	629 000	694 000	775 000	315 000
Total Equity and Debt	1 108 000	1 211 000	1 557 000	860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,95 %	64,8 %	68,76 %	30,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,94 %	17,25 %	30,71 %	11,11 %
Current Ratio	1,76	1,73	1,98	2,61
Quick Ratio	2,55	2,47	2,4	4,03
Equity Ratio	0,43	0,43	0,5	0,63
Gross Profit Margin	86,07 %	87,87 %	88,68 %	89,9 %