TRAINING NORGE AS

1365 BLOMMENHOLM

Finances

Return on Equity

15,48 %

Current Ratio

4,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	433 000	788 000	324 000	637 000
Net Income	61 000	119 000	−93 000	57 000
Total Assets	480 000	382 000	470 000	364 000
Total Equity	394 000	333 000	214 000	307 000

Income (NOK)	2022	2021	2020	2019
Revenue	433 000	788 000	324 000	637 000
Expenditure	355 000	668 000	416 000	580 000
Operating Profit	78 000	120 000	−93 000	57 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	78 000	120 000	−93 000	57 000
Tax	17 000	1 000	0	0
Net Income	61 000	119 000	−93 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	126 000	26 000	26 000	26 000
Total Current Assets	354 000	356 000	444 000	338 000
Total Assets	480 000	382 000	470 000	364 000
Total Retained Equity	369 000	308 000	190 000	282 000
Total Equity	394 000	333 000	214 000	307 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	87 000	50 000	256 000	57 000
Total Equity and Debt	480 000	382 000	470 000	364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	433 000	788 000	324 000	637 000
Other Income	0	0	0	0
Revenue	433 000	788 000	324 000	637 000
Cost of Goods Sold	175 000	545 000	195 000	219 000
Salary Costs	0	0	0	0
Depreciation	25 000	0	0	0
Impairment	0	0	0	0
Expenditure	355 000	668 000	416 000	580 000
Operating Profit	78 000	120 000	−93 000	57 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	61 000	119 000	−93 000	57 000

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	100 000	0	0	0
Total Tangible Assets	100 000	0	0	0
Total Fiancial Fixed Assets	26 000	26 000	26 000	26 000
Total Fixed Assets	126 000	26 000	26 000	26 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	153 000	146 000	175 000	180 000
Total Current Assets	354 000	356 000	444 000	338 000
Total Assets	480 000	382 000	470 000	364 000
Total Equity	394 000	333 000	214 000	307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	−8 000	174 000	−12 000
Unpaid Taxes	0	0	12 000	0
Dividends	0	0	0	0
Other Current Debt	54 000	57 000	71 000	69 000
Total Current Debt	87 000	50 000	256 000	57 000
Total Equity and Debt	480 000	382 000	470 000	364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,48 %	35,74 %	−43,46 %	18,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,01 %	15,23 %	−28,7 %	8,95 %
Current Ratio	4,07	7,12	1,73	5,93
Quick Ratio	4,07	7,12	1,73	5,93
Equity Ratio	0,82	0,87	0,46	0,84
Gross Profit Margin	59,58 %	30,84 %	39,81 %	65,62 %