THINK HAIR WEAR STRANDGATEN AS

5013 BERGEN

Finances

Share Ownership

Return on Equity

9,17 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 398 000	4 400 000	3 517 000	3 759 000
Net Income	10 000	44 000	70 000	−113 000
Total Assets	939 000	1 798 000	1 755 000	1 614 000
Total Equity	109 000	103 000	95 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 398 000	4 400 000	3 517 000	3 759 000
Expenditure	4 387 000	4 345 000	3 427 000	3 903 000
Operating Profit	11 000	55 000	89 000	−144 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	3 000
Financial Balance	0	0	−2 000	−3 000
Earnings Before Tax	11 000	55 000	87 000	−148 000
Tax	1 000	10 000	17 000	−35 000
Net Income	10 000	44 000	70 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	845 000	74 000	105 000
Total Current Assets	928 000	952 000	1 682 000	1 509 000
Total Assets	939 000	1 798 000	1 755 000	1 614 000
Total Retained Equity	21 000	16 000	8 000	0
Total Equity	109 000	103 000	95 000	87 000
Total Long-Term Debt	70 000	753 000	776 000	716 000
Total Current Debt	761 000	941 000	884 000	811 000
Total Equity and Debt	939 000	1 798 000	1 755 000	1 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 398 000	4 400 000	3 424 000	3 758 000
Other Income	0	0	93 000	0
Revenue	4 398 000	4 400 000	3 517 000	3 759 000
Cost of Goods Sold	591 000	669 000	509 000	571 000
Salary Costs	2 123 000	2 058 000	1 454 000	2 029 000
Depreciation	31 000	31 000	31 000	32 000
Impairment	0	0	0	0
Expenditure	4 387 000	4 345 000	3 427 000	3 903 000
Operating Profit	11 000	55 000	89 000	−144 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	3 000
Financial Balance	0	0	−2 000	−3 000
Dividends	0	0	0	0
Net Income	10 000	44 000	70 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	11 000	42 000	74 000	105 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	11 000	42 000	74 000	105 000
Total Fiancial Fixed Assets	0	803 000	0	0
Total Fixed Assets	11 000	845 000	74 000	105 000
Stock	299 000	309 000	250 000	283 000
Total Investments	0	0	0	0
Cash, Bank	523 000	482 000	605 000	182 000
Total Current Assets	928 000	952 000	1 682 000	1 509 000
Total Assets	939 000	1 798 000	1 755 000	1 614 000
Total Equity	109 000	103 000	95 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	753 000	776 000	716 000
Creditors	121 000	195 000	218 000	222 000
Unpaid Taxes	255 000	213 000	140 000	183 000
Dividends	0	0	0	0
Other Current Debt	384 000	533 000	525 000	406 000
Total Current Debt	761 000	941 000	884 000	811 000
Total Equity and Debt	939 000	1 798 000	1 755 000	1 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,17 %	42,72 %	73,68 %	−129,89 %
Debt-to-Equity Ratio	0,64	7,31	8,17	8,23
Operating Profit Margin	0,25 %	1,25 %	2,53 %	−3,83 %
Current Ratio	1,22	1,01	1,9	1,86
Quick Ratio	2,01	1,51	2,65	2,86
Equity Ratio	0,12	0,06	0,05	0,05
Gross Profit Margin	86,56 %	84,8 %	85,53 %	84,81 %