WAY2RIDE TRAFIKKSKOLE AS

1383 ASKER

Finances

Return on Equity

−106,1 %

Current Ratio

0,47

Debt-to-Equity Ratio

2,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 198 000	3 101 000	3 131 000	3 224 000
Net Income	−174 000	−31 000	−105 000	96 000
Total Assets	971 000	1 179 000	1 422 000	999 000
Total Equity	164 000	338 000	369 000	474 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 198 000	3 101 000	3 131 000	3 224 000
Expenditure	3 384 000	3 102 000	3 208 000	3 083 000
Operating Profit	−185 000	−1 000	−78 000	140 000
Financial Income	0	0	0	0
Financial Costs	37 000	35 000	54 000	11 000
Financial Balance	−37 000	−35 000	−54 000	−11 000
Earnings Before Tax	−222 000	−36 000	−131 000	130 000
Tax	−49 000	−5 000	−27 000	35 000
Net Income	−174 000	−31 000	−105 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	764 000	819 000	1 100 000	483 000
Total Current Assets	207 000	360 000	323 000	516 000
Total Assets	971 000	1 179 000	1 422 000	999 000
Total Retained Equity	134 000	308 000	339 000	444 000
Total Equity	164 000	338 000	369 000	474 000
Total Long-Term Debt	368 000	526 000	728 000	201 000
Total Current Debt	439 000	316 000	326 000	324 000
Total Equity and Debt	971 000	1 179 000	1 422 000	999 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 158 000	3 098 000	3 086 000	3 139 000
Other Income	40 000	3 000	45 000	85 000
Revenue	3 198 000	3 101 000	3 131 000	3 224 000
Cost of Goods Sold	739 000	92 000	158 000	175 000
Salary Costs	1 660 000	1 398 000	1 515 000	1 431 000
Depreciation	276 000	269 000	304 000	156 000
Impairment	0	0	0	0
Expenditure	3 384 000	3 102 000	3 208 000	3 083 000
Operating Profit	−185 000	−1 000	−78 000	140 000
Financial Income	0	0	0	0
Financial Costs	37 000	35 000	54 000	11 000
Financial Balance	−37 000	−35 000	−54 000	−11 000
Dividends	0	0	0	0
Net Income	−174 000	−31 000	−105 000	96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	119 000	70 000	65 000	60 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	613 000	719 000	988 000	412 000
Total Tangible Assets	613 000	719 000	988 000	412 000
Total Fiancial Fixed Assets	33 000	30 000	47 000	10 000
Total Fixed Assets	764 000	819 000	1 100 000	483 000
Stock	0	0	0	0
Total Investments	0	20 000	0	0
Cash, Bank	19 000	227 000	154 000	247 000
Total Current Assets	207 000	360 000	323 000	516 000
Total Assets	971 000	1 179 000	1 422 000	999 000
Total Equity	164 000	338 000	369 000	474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	368 000	526 000	728 000	201 000
Creditors	88 000	65 000	8 000	0
Unpaid Taxes	77 000	105 000	118 000	135 000
Dividends	0	0	0	0
Other Current Debt	274 000	145 000	200 000	166 000
Total Current Debt	439 000	316 000	326 000	324 000
Total Equity and Debt	971 000	1 179 000	1 422 000	999 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−106,1 %	−9,17 %	−28,46 %	20,25 %
Debt-to-Equity Ratio	2,24	1,56	1,97	0,42
Operating Profit Margin	−5,78 %	−0,03 %	−2,49 %	4,34 %
Current Ratio	0,47	1,14	0,99	1,59
Quick Ratio	0,47	1,14	0,99	1,59
Equity Ratio	0,17	0,29	0,26	0,47
Gross Profit Margin	76,89 %	97,03 %	94,95 %	94,57 %