ROMERIKE INTERNATIONAL SCHOOL

2165 HVAM

Finances

Share Ownership

Return on Equity

4,49 %

Current Ratio

2,81

Debt-to-Equity Ratio

−35,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 980 000	10 876 000	250 000	0
Net Income	−70 000	−1 359 000	−193 000	−39 000
Total Assets	56 764 000	57 468 000	22 802 000	2 325 000
Total Equity	−1 560 000	−1 489 000	−130 000	63 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 980 000	10 876 000	250 000	0
Expenditure	23 066 000	11 031 000	238 000	36 000
Operating Profit	1 914 000	−154 000	12 000	−36 000
Financial Income	27 000	10 000	0	0
Financial Costs	2 012 000	1 215 000	205 000	2 000
Financial Balance	−1 985 000	−1 205 000	−205 000	−2 000
Earnings Before Tax	−70 000	−1 359 000	−193 000	−39 000
Tax	0	0	0	0
Net Income	−70 000	−1 359 000	−193 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 765 000	47 703 000	21 199 000	1 846 000
Total Current Assets	9 999 000	9 764 000	1 603 000	478 000
Total Assets	56 764 000	57 468 000	22 802 000	2 325 000
Total Retained Equity	−1 660 000	−1 589 000	−230 000	−37 000
Total Equity	−1 560 000	−1 489 000	−130 000	63 000
Total Long-Term Debt	54 762 000	56 325 000	19 617 000	2 012 000
Total Current Debt	3 561 000	2 632 000	3 315 000	250 000
Total Equity and Debt	56 764 000	57 468 000	22 802 000	2 325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 455 000	2 301 000	0	0
Other Income	19 526 000	8 575 000	250 000	0
Revenue	24 980 000	10 876 000	250 000	0
Cost of Goods Sold	33 000	10 000	0	0
Salary Costs	15 520 000	7 260 000	0	0
Depreciation	1 720 000	664 000	0	0
Impairment	0	0	0	0
Expenditure	23 066 000	11 031 000	238 000	36 000
Operating Profit	1 914 000	−154 000	12 000	−36 000
Financial Income	27 000	10 000	0	0
Financial Costs	2 012 000	1 215 000	205 000	2 000
Financial Balance	−1 985 000	−1 205 000	−205 000	−2 000
Dividends	0	0	0	0
Net Income	−70 000	−1 359 000	−193 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	44 809 000	46 086 000	21 199 000	1 846 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 679 000	1 491 000	0	0
Total Tangible Assets	46 488 000	47 577 000	21 199 000	1 846 000
Total Fiancial Fixed Assets	278 000	126 000	0	0
Total Fixed Assets	46 765 000	47 703 000	21 199 000	1 846 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 071 000	8 819 000	303 000	17 000
Total Current Assets	9 999 000	9 764 000	1 603 000	478 000
Total Assets	56 764 000	57 468 000	22 802 000	2 325 000
Total Equity	−1 560 000	−1 489 000	−130 000	63 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	54 762 000	56 325 000	19 617 000	2 012 000
Creditors	455 000	561 000	3 315 000	250 000
Unpaid Taxes	978 000	855 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 128 000	1 215 000	0	0
Total Current Debt	3 561 000	2 632 000	3 315 000	250 000
Total Equity and Debt	56 764 000	57 468 000	22 802 000	2 325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,49 %	91,27 %	148,46 %	−61,9 %
Debt-to-Equity Ratio	−35,1	−37,83	−150,9	31,94
Operating Profit Margin	7,66 %	−1,42 %	4,8 %	-
Current Ratio	2,81	3,71	0,48	1,91
Quick Ratio	2,81	3,71	0,48	1,91
Equity Ratio	−0,03	−0,03	−0,01	0,03
Gross Profit Margin	99,87 %	99,91 %	100 %	-