SKAGERAK INTERNATIONAL SCHOOL

3222 SANDEFJORD

Finances

Share Ownership

Return on Equity

−7,57 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 123 000	62 579 000	61 207 000	54 558 000
Net Income	−449 000	3 899 000	6 948 000	−1 440 000
Total Assets	18 978 000	17 887 000	13 714 000	6 995 000
Total Equity	5 929 000	6 378 000	2 479 000	−4 470 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 123 000	62 579 000	61 207 000	54 558 000
Expenditure	61 610 000	58 671 000	54 191 000	56 000 000
Operating Profit	−488 000	3 909 000	7 016 000	−1 441 000
Financial Income	65 000	25 000	14 000	21 000
Financial Costs	25 000	35 000	82 000	20 000
Financial Balance	40 000	−10 000	−68 000	1 000
Earnings Before Tax	−449 000	3 899 000	6 948 000	−1 440 000
Tax	0	0	0	0
Net Income	−449 000	3 899 000	6 948 000	−1 440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 104 000	1 485 000	1 282 000	718 000
Total Current Assets	17 873 000	16 403 000	12 433 000	6 277 000
Total Assets	18 978 000	17 887 000	13 714 000	6 995 000
Total Retained Equity	5 279 000	5 728 000	1 829 000	−5 120 000
Total Equity	5 929 000	6 378 000	2 479 000	−4 470 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 049 000	11 510 000	11 236 000	11 465 000
Total Equity and Debt	18 978 000	17 887 000	13 714 000	6 995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 123 000	62 579 000	61 207 000	51 374 000
Other Income	0	0	0	3 184 000
Revenue	61 123 000	62 579 000	61 207 000	54 558 000
Cost of Goods Sold	0	0	0	0
Salary Costs	43 403 000	41 117 000	39 086 000	39 916 000
Depreciation	540 000	492 000	372 000	468 000
Impairment	0	0	0	135 000
Expenditure	61 610 000	58 671 000	54 191 000	56 000 000
Operating Profit	−488 000	3 909 000	7 016 000	−1 441 000
Financial Income	65 000	25 000	14 000	21 000
Financial Costs	25 000	35 000	82 000	20 000
Financial Balance	40 000	−10 000	−68 000	1 000
Dividends	0	0	0	0
Net Income	−449 000	3 899 000	6 948 000	−1 440 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	718 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 104 000	1 485 000	1 282 000	0
Total Tangible Assets	1 104 000	1 485 000	1 282 000	718 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 104 000	1 485 000	1 282 000	718 000
Stock	84 000	84 000	84 000	84 000
Total Investments	0	0	0	0
Cash, Bank	15 728 000	14 526 000	10 778 000	4 300 000
Total Current Assets	17 873 000	16 403 000	12 433 000	6 277 000
Total Assets	18 978 000	17 887 000	13 714 000	6 995 000
Total Equity	5 929 000	6 378 000	2 479 000	−4 470 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 366 000	1 394 000	1 214 000	662 000
Unpaid Taxes	2 947 000	2 822 000	2 674 000	2 967 000
Dividends	0	0	0	0
Other Current Debt	8 737 000	7 293 000	7 349 000	3 350 000
Total Current Debt	13 049 000	11 510 000	11 236 000	11 465 000
Total Equity and Debt	18 978 000	17 887 000	13 714 000	6 995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,57 %	61,13 %	280,27 %	32,21 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−0,8 %	6,25 %	11,46 %	−2,64 %
Current Ratio	1,37	1,43	1,11	0,55
Quick Ratio	1,38	1,44	1,11	0,55
Equity Ratio	0,31	0,36	0,18	−0,64
Gross Profit Margin	100 %	100 %	100 %	100 %