EDVARDSEN TRAFIKKSKOLE NARVIK AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

18,01 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 808 000	3 980 000	3 261 000	3 534 000
Net Income	217 000	80 000	−5 000	−59 000
Total Assets	1 650 000	1 339 000	1 398 000	806 000
Total Equity	1 205 000	988 000	899 000	904 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 808 000	3 980 000	3 261 000	3 534 000
Expenditure	3 529 000	3 896 000	3 253 000	3 554 000
Operating Profit	278 000	84 000	8 000	−21 000
Financial Income	0	0	0	0
Financial Costs	50 000	4 000	12 000	38 000
Financial Balance	−50 000	−4 000	−12 000	−38 000
Earnings Before Tax	228 000	80 000	−5 000	−59 000
Tax	11 000	0	0	0
Net Income	217 000	80 000	−5 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	893 000	923 000	1 064 000	859 000
Total Current Assets	757 000	415 000	334 000	−54 000
Total Assets	1 650 000	1 339 000	1 398 000	806 000
Total Retained Equity	1 175 000	958 000	869 000	−21 000
Total Equity	1 205 000	988 000	899 000	904 000
Total Long-Term Debt	82 000	82 000	259 000	421 000
Total Current Debt	363 000	268 000	239 000	−520 000
Total Equity and Debt	1 650 000	1 339 000	1 398 000	806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 808 000	3 980 000	3 196 000	3 534 000
Other Income	0	0	65 000	0
Revenue	3 808 000	3 980 000	3 261 000	3 534 000
Cost of Goods Sold	31 000	0	0	0
Salary Costs	2 000 000	2 140 000	1 871 000	1 780 000
Depreciation	221 000	353 000	400 000	382 000
Impairment	0	0	0	0
Expenditure	3 529 000	3 896 000	3 253 000	3 554 000
Operating Profit	278 000	84 000	8 000	−21 000
Financial Income	0	0	0	0
Financial Costs	50 000	4 000	12 000	38 000
Financial Balance	−50 000	−4 000	−12 000	−38 000
Dividends	0	0	0	0
Net Income	217 000	80 000	−5 000	−59 000

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	859 000
Fixtures	893 000	923 000	1 064 000	0
Total Tangible Assets	893 000	923 000	1 064 000	859 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	893 000	923 000	1 064 000	859 000
Stock	98 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	650 000	381 000	331 000	224 000
Total Current Assets	757 000	415 000	334 000	−54 000
Total Assets	1 650 000	1 339 000	1 398 000	806 000
Total Equity	1 205 000	988 000	899 000	904 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	82 000	82 000	259 000	421 000
Creditors	−111 000	52 000	60 000	−39 000
Unpaid Taxes	247 000	5 000	7 000	0
Dividends	0	0	0	0
Other Current Debt	216 000	210 000	173 000	−480 000
Total Current Debt	363 000	268 000	239 000	−520 000
Total Equity and Debt	1 650 000	1 339 000	1 398 000	806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,01 %	8,1 %	−0,56 %	−6,53 %
Debt-to-Equity Ratio	0,07	0,08	0,29	0,47
Operating Profit Margin	7,3 %	2,11 %	0,25 %	−0,59 %
Current Ratio	2,09	1,55	1,4	0,1
Quick Ratio	2,86	1,55	1,4	0,1
Equity Ratio	0,73	0,74	0,64	1,12
Gross Profit Margin	99,19 %	100 %	100 %	100 %