LET'S LEARN TRAFIKKSKOLE AS

2000 LILLESTRØM

Finances

Share Ownership

Return on Equity

55,34 %

Current Ratio

1,65

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 204 000	716 000	692 000	513 000
Net Income	337 000	97 000	212 000	−97 000
Total Assets	1 172 000	422 000	893 000	614 000
Total Equity	609 000	272 000	175 000	−37 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 204 000	716 000	692 000	513 000
Expenditure	772 000	562 000	390 000	532 000
Operating Profit	433 000	154 000	303 000	−17 000
Financial Income	0	0	0	2 000
Financial Costs	0	23 000	53 000	43 000
Financial Balance	0	−23 000	−53 000	−41 000
Earnings Before Tax	433 000	131 000	250 000	−59 000
Tax	96 000	34 000	39 000	38 000
Net Income	337 000	97 000	212 000	−97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	246 000	339 000	595 000	534 000
Total Current Assets	925 000	83 000	297 000	79 000
Total Assets	1 172 000	422 000	893 000	614 000
Total Retained Equity	579 000	242 000	145 000	−67 000
Total Equity	609 000	272 000	175 000	−37 000
Total Long-Term Debt	0	77 000	653 000	583 000
Total Current Debt	562 000	72 000	65 000	68 000
Total Equity and Debt	1 172 000	422 000	893 000	614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 204 000	716 000	692 000	513 000
Other Income	0	0	0	0
Revenue	1 204 000	716 000	692 000	513 000
Cost of Goods Sold	0	0	0	0
Salary Costs	514 000	236 000	23 000	26 000
Depreciation	92 000	92 000	90 000	186 000
Impairment	0	0	0	0
Expenditure	772 000	562 000	390 000	532 000
Operating Profit	433 000	154 000	303 000	−17 000
Financial Income	0	0	0	2 000
Financial Costs	0	23 000	53 000	43 000
Financial Balance	0	−23 000	−53 000	−41 000
Dividends	0	0	0	0
Net Income	337 000	97 000	212 000	−97 000

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	246 000	339 000	595 000	534 000
Total Tangible Assets	246 000	339 000	595 000	534 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	246 000	339 000	595 000	534 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	916 000	66 000	275 000	38 000
Total Current Assets	925 000	83 000	297 000	79 000
Total Assets	1 172 000	422 000	893 000	614 000
Total Equity	609 000	272 000	175 000	−37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	77 000	653 000	583 000
Creditors	11 000	10 000	1 000	0
Unpaid Taxes	49 000	7 000	3 000	2 000
Dividends	0	0	0	0
Other Current Debt	406 000	22 000	22 000	65 000
Total Current Debt	562 000	72 000	65 000	68 000
Total Equity and Debt	1 172 000	422 000	893 000	614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,34 %	35,66 %	121,14 %	262,16 %
Debt-to-Equity Ratio	0	0,28	3,73	−15,76
Operating Profit Margin	35,96 %	21,51 %	43,79 %	−3,31 %
Current Ratio	1,65	1,15	4,57	1,16
Quick Ratio	1,65	1,15	4,57	1,16
Equity Ratio	0,52	0,64	0,2	−0,06
Gross Profit Margin	100 %	100 %	100 %	100 %