EDUCAS AS

0274 OSLO

Finances

Share Ownership

Return on Equity

76,57 %

Current Ratio

1,87

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 381 000	2 096 000	1 145 000	802 000
Net Income	304 000	568 000	147 000	−18 000
Total Assets	833 000	885 000	667 000	240 000
Total Equity	397 000	328 000	33 000	−40 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 381 000	2 096 000	1 145 000	802 000
Expenditure	983 000	1 359 000	984 000	820 000
Operating Profit	398 000	736 000	160 000	−18 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	0	0
Financial Balance	−8 000	−8 000	0	0
Earnings Before Tax	390 000	728 000	160 000	−18 000
Tax	86 000	161 000	13 000	0
Net Income	304 000	568 000	147 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	31 000	40 000	0
Total Current Assets	810 000	854 000	628 000	240 000
Total Assets	833 000	885 000	667 000	240 000
Total Retained Equity	373 000	303 000	8 000	−65 000
Total Equity	397 000	328 000	33 000	−40 000
Total Long-Term Debt	2 000	2 000	2 000	0
Total Current Debt	433 000	555 000	632 000	280 000
Total Equity and Debt	833 000	885 000	667 000	240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 381 000	2 096 000	1 145 000	802 000
Other Income	0	0	0	0
Revenue	1 381 000	2 096 000	1 145 000	802 000
Cost of Goods Sold	181 000	79 000	0	0
Salary Costs	192 000	761 000	858 000	697 000
Depreciation	8 000	8 000	2 000	0
Impairment	0	0	0	0
Expenditure	983 000	1 359 000	984 000	820 000
Operating Profit	398 000	736 000	160 000	−18 000
Financial Income	0	0	0	0
Financial Costs	8 000	8 000	0	0
Financial Balance	−8 000	−8 000	0	0
Dividends	0	0	36 000	0
Net Income	304 000	568 000	147 000	−18 000

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	23 000	31 000	40 000	0
Total Tangible Assets	23 000	31 000	40 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	31 000	40 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	744 000	837 000	628 000	240 000
Total Current Assets	810 000	854 000	628 000	240 000
Total Assets	833 000	885 000	667 000	240 000
Total Equity	397 000	328 000	33 000	−40 000
Short-Term Group Debt	300 000	350 000	49 000	0
Total Long-Term Debt	2 000	2 000	2 000	0
Creditors	0	0	0	0
Unpaid Taxes	18 000	16 000	165 000	64 000
Dividends	0	0	36 000	0
Other Current Debt	95 000	105 000	382 000	216 000
Total Current Debt	433 000	555 000	632 000	280 000
Total Equity and Debt	833 000	885 000	667 000	240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,57 %	173,17 %	445,45 %	45 %
Debt-to-Equity Ratio	0,01	0,01	0,06	−0
Operating Profit Margin	28,82 %	35,11 %	13,97 %	−2,24 %
Current Ratio	1,87	1,54	0,99	0,86
Quick Ratio	1,87	1,54	0,99	0,86
Equity Ratio	0,48	0,37	0,05	−0,17
Gross Profit Margin	86,89 %	96,23 %	100 %	100 %