NOTE NORWEGIAN TEACHING AS

0962 OSLO

Finances

Share Ownership

Return on Equity

132,7 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 541 000	11 200 000	6 489 000	2 820 000
Net Income	3 928 000	1 401 000	1 446 000	194 000
Total Assets	7 443 000	3 785 000	3 169 000	1 558 000
Total Equity	2 960 000	32 000	541 000	405 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 541 000	11 200 000	6 489 000	2 820 000
Expenditure	12 454 000	9 331 000	4 602 000	2 530 000
Operating Profit	5 087 000	1 869 000	1 886 000	291 000
Financial Income	0	0	1 000	1 000
Financial Costs	39 000	27 000	31 000	41 000
Financial Balance	−39 000	−27 000	−30 000	−40 000
Earnings Before Tax	5 049 000	1 843 000	1 856 000	250 000
Tax	1 121 000	441 000	411 000	57 000
Net Income	3 928 000	1 401 000	1 446 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 209 000	990 000	1 049 000	949 000
Total Current Assets	6 234 000	2 795 000	2 120 000	609 000
Total Assets	7 443 000	3 785 000	3 169 000	1 558 000
Total Retained Equity	2 938 000	11 000	519 000	384 000
Total Equity	2 960 000	32 000	541 000	405 000
Total Long-Term Debt	639 000	600 000	723 000	831 000
Total Current Debt	3 845 000	3 153 000	1 906 000	322 000
Total Equity and Debt	7 443 000	3 785 000	3 169 000	1 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 478 000	10 749 000	6 488 000	2 819 000
Other Income	6 063 000	451 000	1 000	2 000
Revenue	17 541 000	11 200 000	6 489 000	2 820 000
Cost of Goods Sold	4 193 000	2 896 000	1 202 000	264 000
Salary Costs	5 081 000	3 668 000	1 857 000	1 046 000
Depreciation	206 000	228 000	131 000	107 000
Impairment	0	0	0	0
Expenditure	12 454 000	9 331 000	4 602 000	2 530 000
Operating Profit	5 087 000	1 869 000	1 886 000	291 000
Financial Income	0	0	1 000	1 000
Financial Costs	39 000	27 000	31 000	41 000
Financial Balance	−39 000	−27 000	−30 000	−40 000
Dividends	1 000 000	1 910 000	1 310 000	0
Net Income	3 928 000	1 401 000	1 446 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	415 000	163 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	794 000	827 000	908 000	926 000
Total Tangible Assets	794 000	827 000	908 000	926 000
Total Fiancial Fixed Assets	0	0	141 000	23 000
Total Fixed Assets	1 209 000	990 000	1 049 000	949 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 586 000	1 862 000	1 562 000	289 000
Total Current Assets	6 234 000	2 795 000	2 120 000	609 000
Total Assets	7 443 000	3 785 000	3 169 000	1 558 000
Total Equity	2 960 000	32 000	541 000	405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	639 000	600 000	723 000	831 000
Creditors	376 000	78 000	258 000	85 000
Unpaid Taxes	510 000	349 000	140 000	91 000
Dividends	1 000 000	1 910 000	1 310 000	0
Other Current Debt	841 000	1 284 000	172 000	104 000
Total Current Debt	3 845 000	3 153 000	1 906 000	322 000
Total Equity and Debt	7 443 000	3 785 000	3 169 000	1 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,7 %	4 378,13 %	267,28 %	47,9 %
Debt-to-Equity Ratio	0,22	18,75	1,34	2,05
Operating Profit Margin	29 %	16,69 %	29,06 %	10,32 %
Current Ratio	1,62	0,89	1,11	1,89
Quick Ratio	1,62	0,89	1,11	1,89
Equity Ratio	0,4	0,01	0,17	0,26
Gross Profit Margin	76,1 %	74,14 %	81,48 %	90,64 %