HUSTADVIKA TRAFIKKSKOLE AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

−97,98 %

Current Ratio

0,97

Debt-to-Equity Ratio

8,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 028 000	1 652 000	1 505 000	493 000
Net Income	−97 000	−61 000	177 000	153 000
Total Assets	1 377 000	975 000	1 358 000	614 000
Total Equity	99 000	196 000	359 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 028 000	1 652 000	1 505 000	493 000
Expenditure	2 123 000	1 710 000	1 245 000	282 000
Operating Profit	−95 000	−57 000	260 000	211 000
Financial Income	1 000	0	0	0
Financial Costs	29 000	21 000	31 000	14 000
Financial Balance	−28 000	−21 000	−31 000	−14 000
Earnings Before Tax	−123 000	−78 000	229 000	197 000
Tax	−26 000	−16 000	53 000	45 000
Net Income	−97 000	−61 000	177 000	153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	962 000	461 000	673 000	263 000
Total Current Assets	416 000	514 000	685 000	351 000
Total Assets	1 377 000	975 000	1 358 000	614 000
Total Retained Equity	69 000	166 000	329 000	153 000
Total Equity	99 000	196 000	359 000	183 000
Total Long-Term Debt	851 000	509 000	660 000	334 000
Total Current Debt	428 000	270 000	339 000	97 000
Total Equity and Debt	1 377 000	975 000	1 358 000	614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 015 000	1 652 000	1 505 000	493 000
Other Income	14 000	0	0	0
Revenue	2 028 000	1 652 000	1 505 000	493 000
Cost of Goods Sold	57 000	56 000	52 000	12 000
Salary Costs	1 250 000	1 064 000	473 000	0
Depreciation	177 000	233 000	217 000	61 000
Impairment	0	0	0	0
Expenditure	2 123 000	1 710 000	1 245 000	282 000
Operating Profit	−95 000	−57 000	260 000	211 000
Financial Income	1 000	0	0	0
Financial Costs	29 000	21 000	31 000	14 000
Financial Balance	−28 000	−21 000	−31 000	−14 000
Dividends	0	102 000	0	0
Net Income	−97 000	−61 000	177 000	153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	28 000	7 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	908 000	433 000	666 000	263 000
Total Tangible Assets	908 000	433 000	666 000	263 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	962 000	461 000	673 000	263 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	365 000	490 000	654 000	332 000
Total Current Assets	416 000	514 000	685 000	351 000
Total Assets	1 377 000	975 000	1 358 000	614 000
Total Equity	99 000	196 000	359 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	851 000	509 000	660 000	334 000
Creditors	94 000	20 000	11 000	11 000
Unpaid Taxes	68 000	47 000	201 000	0
Dividends	0	102 000	0	0
Other Current Debt	265 000	157 000	65 000	42 000
Total Current Debt	428 000	270 000	339 000	97 000
Total Equity and Debt	1 377 000	975 000	1 358 000	614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−97,98 %	−31,12 %	49,3 %	83,61 %
Debt-to-Equity Ratio	8,6	2,6	1,84	1,83
Operating Profit Margin	−4,68 %	−3,45 %	17,28 %	42,8 %
Current Ratio	0,97	1,9	2,02	3,62
Quick Ratio	0,97	1,9	2,02	3,62
Equity Ratio	0,07	0,2	0,26	0,3
Gross Profit Margin	97,19 %	96,61 %	96,54 %	97,57 %