ØVRE ROMERIKE TRAFIKKSKOLE AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

−16,07 %

Current Ratio

3,53

Debt-to-Equity Ratio

2,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 807 000	5 310 000	4 109 000	3 416 000
Net Income	−198 000	1 238 000	109 000	−15 000
Total Assets	4 828 000	5 570 000	2 929 000	2 092 000
Total Equity	1 232 000	1 430 000	192 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 807 000	5 310 000	4 109 000	3 416 000
Expenditure	4 905 000	3 742 000	3 875 000	3 375 000
Operating Profit	−99 000	1 567 000	234 000	41 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	155 000	77 000	59 000	47 000
Financial Balance	−154 000	−77 000	−58 000	−46 000
Earnings Before Tax	−253 000	1 490 000	176 000	−5 000
Tax	−55 000	252 000	67 000	11 000
Net Income	−198 000	1 238 000	109 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 830 000	3 553 000	1 322 000	1 216 000
Total Current Assets	1 998 000	2 016 000	1 607 000	876 000
Total Assets	4 828 000	5 570 000	2 929 000	2 092 000
Total Retained Equity	1 202 000	1 400 000	162 000	53 000
Total Equity	1 232 000	1 430 000	192 000	83 000
Total Long-Term Debt	3 029 000	3 531 000	1 782 000	1 556 000
Total Current Debt	566 000	609 000	954 000	453 000
Total Equity and Debt	4 828 000	5 570 000	2 929 000	2 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 828 000	4 596 000	4 119 000	3 416 000
Other Income	−21 000	715 000	−10 000	0
Revenue	4 807 000	5 310 000	4 109 000	3 416 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 212 000	1 655 000	1 860 000	1 363 000
Depreciation	873 000	519 000	618 000	575 000
Impairment	0	0	0	0
Expenditure	4 905 000	3 742 000	3 875 000	3 375 000
Operating Profit	−99 000	1 567 000	234 000	41 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	155 000	77 000	59 000	47 000
Financial Balance	−154 000	−77 000	−58 000	−46 000
Dividends	0	0	0	0
Net Income	−198 000	1 238 000	109 000	−15 000

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	0
Fixtures	2 830 000	3 553 000	1 322 000	1 216 000
Total Tangible Assets	2 830 000	3 553 000	1 322 000	1 216 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 830 000	3 553 000	1 322 000	1 216 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	690 000	1 867 000	881 000	429 000
Total Current Assets	1 998 000	2 016 000	1 607 000	876 000
Total Assets	4 828 000	5 570 000	2 929 000	2 092 000
Total Equity	1 232 000	1 430 000	192 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 029 000	3 531 000	1 782 000	1 556 000
Creditors	226 000	128 000	112 000	111 000
Unpaid Taxes	129 000	145 000	117 000	95 000
Dividends	0	0	0	0
Other Current Debt	207 000	222 000	658 000	237 000
Total Current Debt	566 000	609 000	954 000	453 000
Total Equity and Debt	4 828 000	5 570 000	2 929 000	2 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,07 %	86,57 %	56,77 %	−18,07 %
Debt-to-Equity Ratio	2,46	2,47	9,28	18,75
Operating Profit Margin	−2,06 %	29,51 %	5,69 %	1,2 %
Current Ratio	3,53	3,31	1,68	1,93
Quick Ratio	3,53	3,31	1,68	1,93
Equity Ratio	0,26	0,26	0,07	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %