EF EDUCATION FIRST AS

0161 OSLO

Finances

Share Ownership

Return on Equity

52,37 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 925 000	9 437 000	22 287 000	20 858 000
Net Income	608 000	−61 000	−13 000	644 000
Total Assets	2 473 000	1 386 000	2 700 000	6 985 000
Total Equity	1 161 000	553 000	614 000	4 427 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 925 000	9 437 000	22 287 000	20 858 000
Expenditure	11 127 000	9 437 000	22 291 000	20 089 000
Operating Profit	798 000	0	−4 000	769 000
Financial Income	9 000	0	2 000	18 000
Financial Costs	27 000	8 000	15 000	21 000
Financial Balance	−18 000	−8 000	−13 000	−3 000
Earnings Before Tax	780 000	−8 000	−16 000	767 000
Tax	171 000	54 000	−4 000	123 000
Net Income	608 000	−61 000	−13 000	644 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	206 000	393 000	2 178 000	4 618 000
Total Current Assets	2 268 000	993 000	523 000	2 367 000
Total Assets	2 473 000	1 386 000	2 700 000	6 985 000
Total Retained Equity	1 061 000	453 000	514 000	4 327 000
Total Equity	1 161 000	553 000	614 000	4 427 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 312 000	833 000	2 086 000	2 559 000
Total Equity and Debt	2 473 000	1 386 000	2 700 000	6 985 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 925 000	9 437 000	22 287 000	20 858 000
Other Income	0	0	0	0
Revenue	11 925 000	9 437 000	22 287 000	20 858 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 774 000	6 420 000	16 683 000	17 401 000
Depreciation	187 000	222 000	268 000	312 000
Impairment	0	0	0	0
Expenditure	11 127 000	9 437 000	22 291 000	20 089 000
Operating Profit	798 000	0	−4 000	769 000
Financial Income	9 000	0	2 000	18 000
Financial Costs	27 000	8 000	15 000	21 000
Financial Balance	−18 000	−8 000	−13 000	−3 000
Dividends	0	0	0	0
Net Income	608 000	−61 000	−13 000	644 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	57 000
Total Intangible Assets	0	0	61 000	57 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	152 000	277 000	0	0
Fixtures	54 000	115 000	590 000	802 000
Total Tangible Assets	206 000	393 000	590 000	802 000
Total Fiancial Fixed Assets	0	0	1 526 000	3 759 000
Total Fixed Assets	206 000	393 000	2 178 000	4 618 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 840 000	551 000	523 000	2 367 000
Total Current Assets	2 268 000	993 000	523 000	2 367 000
Total Assets	2 473 000	1 386 000	2 700 000	6 985 000
Total Equity	1 161 000	553 000	614 000	4 427 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	305 000	148 000	298 000	194 000
Unpaid Taxes	199 000	200 000	683 000	619 000
Dividends	0	0	0	0
Other Current Debt	637 000	485 000	1 032 000	1 611 000
Total Current Debt	1 312 000	833 000	2 086 000	2 559 000
Total Equity and Debt	2 473 000	1 386 000	2 700 000	6 985 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,37 %	−11,03 %	−2,12 %	14,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,69 %	0 %	−0,02 %	3,69 %
Current Ratio	1,73	1,19	0,25	0,92
Quick Ratio	1,73	1,19	0,25	0,92
Equity Ratio	0,47	0,4	0,23	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %