LØRENSKOG TRAFIKKSKOLE AS

1464 FJELLHAMAR

Finances

Share Ownership

Return on Equity

102,04 %

Current Ratio

0,39

Debt-to-Equity Ratio

−1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 506 000	1 351 000	2 303 000	1 699 000
Net Income	−100 000	−138 000	128 000	124 000
Total Assets	225 000	287 000	772 000	359 000
Total Equity	−98 000	2 000	140 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 506 000	1 351 000	2 303 000	1 699 000
Expenditure	1 594 000	1 477 000	2 127 000	1 556 000
Operating Profit	−89 000	−126 000	176 000	144 000
Financial Income	0	0	0	0
Financial Costs	12 000	17 000	23 000	20 000
Financial Balance	−12 000	−17 000	−23 000	−20 000
Earnings Before Tax	−100 000	−143 000	153 000	124 000
Tax	0	−5 000	25 000	0
Net Income	−100 000	−138 000	128 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	143 000	186 000	320 000	137 000
Total Current Assets	82 000	101 000	451 000	221 000
Total Assets	225 000	287 000	772 000	359 000
Total Retained Equity	−128 000	−28 000	110 000	−17 000
Total Equity	−98 000	2 000	140 000	13 000
Total Long-Term Debt	115 000	157 000	289 000	156 000
Total Current Debt	208 000	128 000	342 000	191 000
Total Equity and Debt	225 000	287 000	772 000	359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 506 000	1 351 000	2 239 000	1 699 000
Other Income	0	0	64 000	0
Revenue	1 506 000	1 351 000	2 303 000	1 699 000
Cost of Goods Sold	63 000	105 000	111 000	94 000
Salary Costs	972 000	822 000	1 253 000	789 000
Depreciation	30 000	37 000	44 000	34 000
Impairment	0	0	0	0
Expenditure	1 594 000	1 477 000	2 127 000	1 556 000
Operating Profit	−89 000	−126 000	176 000	144 000
Financial Income	0	0	0	0
Financial Costs	12 000	17 000	23 000	20 000
Financial Balance	−12 000	−17 000	−23 000	−20 000
Dividends	0	0	0	0
Net Income	−100 000	−138 000	128 000	124 000

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	119 000	149 000	294 000	135 000
Total Tangible Assets	119 000	149 000	294 000	135 000
Total Fiancial Fixed Assets	24 000	37 000	27 000	3 000
Total Fixed Assets	143 000	186 000	320 000	137 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	73 000	91 000	382 000	164 000
Total Current Assets	82 000	101 000	451 000	221 000
Total Assets	225 000	287 000	772 000	359 000
Total Equity	−98 000	2 000	140 000	13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	115 000	157 000	289 000	156 000
Creditors	35 000	7 000	57 000	58 000
Unpaid Taxes	100 000	65 000	168 000	67 000
Dividends	0	0	0	0
Other Current Debt	73 000	56 000	97 000	65 000
Total Current Debt	208 000	128 000	342 000	191 000
Total Equity and Debt	225 000	287 000	772 000	359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,04 %	−6 900 %	91,43 %	953,85 %
Debt-to-Equity Ratio	−1,17	78,5	2,06	12
Operating Profit Margin	−5,91 %	−9,33 %	7,64 %	8,48 %
Current Ratio	0,39	0,79	1,32	1,16
Quick Ratio	0,39	0,79	1,32	1,16
Equity Ratio	−0,44	0,01	0,18	0,04
Gross Profit Margin	95,82 %	92,23 %	95,18 %	94,47 %