HAUGESUND INTERNATIONAL SCHOOL

4260 TORVASTAD

Finances

Share Ownership

Return on Equity

12,16 %

Current Ratio

0,48

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 390 000	17 519 000	14 629 000	11 795 000
Net Income	1 158 000	1 993 000	2 910 000	1 944 000
Total Assets	38 224 000	15 800 000	8 041 000	5 082 000
Total Equity	9 526 000	8 368 000	6 375 000	3 465 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 390 000	17 519 000	14 629 000	11 795 000
Expenditure	17 701 000	15 590 000	11 721 000	9 852 000
Operating Profit	1 688 000	1 929 000	2 908 000	1 943 000
Financial Income	0	142 000	4 000	6 000
Financial Costs	531 000	77 000	2 000	5 000
Financial Balance	−531 000	65 000	2 000	1 000
Earnings Before Tax	1 158 000	1 993 000	2 910 000	1 944 000
Tax	0	0	0	0
Net Income	1 158 000	1 993 000	2 910 000	1 944 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 259 000	7 464 000	864 000	371 000
Total Current Assets	9 965 000	8 336 000	7 177 000	4 711 000
Total Assets	38 224 000	15 800 000	8 041 000	5 082 000
Total Retained Equity	9 426 000	8 268 000	6 275 000	3 365 000
Total Equity	9 526 000	8 368 000	6 375 000	3 465 000
Total Long-Term Debt	7 731 000	5 891 000	0	0
Total Current Debt	20 967 000	1 541 000	1 667 000	1 618 000
Total Equity and Debt	38 224 000	15 800 000	8 041 000	5 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	19 390 000	17 519 000	14 629 000	11 795 000
Revenue	19 390 000	17 519 000	14 629 000	11 795 000
Cost of Goods Sold	79 000	0	0	0
Salary Costs	12 086 000	10 927 000	8 846 000	8 051 000
Depreciation	858 000	285 000	107 000	61 000
Impairment	0	0	0	0
Expenditure	17 701 000	15 590 000	11 721 000	9 852 000
Operating Profit	1 688 000	1 929 000	2 908 000	1 943 000
Financial Income	0	142 000	4 000	6 000
Financial Costs	531 000	77 000	2 000	5 000
Financial Balance	−531 000	65 000	2 000	1 000
Dividends	0	0	0	0
Net Income	1 158 000	1 993 000	2 910 000	1 944 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 068 000	6 741 000	78 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 191 000	723 000	786 000	371 000
Total Tangible Assets	28 259 000	7 464 000	864 000	371 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 259 000	7 464 000	864 000	371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 206 000	8 063 000	5 702 000	4 509 000
Total Current Assets	9 965 000	8 336 000	7 177 000	4 711 000
Total Assets	38 224 000	15 800 000	8 041 000	5 082 000
Total Equity	9 526 000	8 368 000	6 375 000	3 465 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 731 000	5 891 000	0	0
Creditors	−396 000	209 000	208 000	344 000
Unpaid Taxes	749 000	168 000	485 000	461 000
Dividends	0	0	0	0
Other Current Debt	1 188 000	1 164 000	974 000	812 000
Total Current Debt	20 967 000	1 541 000	1 667 000	1 618 000
Total Equity and Debt	38 224 000	15 800 000	8 041 000	5 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,16 %	23,82 %	45,65 %	56,1 %
Debt-to-Equity Ratio	0,81	0,7	0	0
Operating Profit Margin	8,71 %	11,01 %	19,88 %	16,47 %
Current Ratio	0,48	5,41	4,31	2,91
Quick Ratio	0,48	5,41	4,31	2,91
Equity Ratio	0,25	0,53	0,79	0,68
Gross Profit Margin	99,59 %	100 %	100 %	100 %