CREATE - LILLEHAMMER KREATIVE VIDEREGÅENDE SKOLE AS

2615 LILLEHAMMER

Finances

Share Ownership

Return on Equity

25,37 %

Current Ratio

0,48

Debt-to-Equity Ratio

−2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 067 000	18 283 000	12 268 000	3 787 000
Net Income	−275 000	−830 000	59 000	−110 000
Total Assets	7 861 000	8 929 000	3 622 000	1 774 000
Total Equity	−1 084 000	−809 000	20 000	−38 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 067 000	18 283 000	12 268 000	3 787 000
Expenditure	23 186 000	19 081 000	12 177 000	3 880 000
Operating Profit	−119 000	−798 000	92 000	−93 000
Financial Income	3 000	0	0	0
Financial Costs	159 000	31 000	34 000	17 000
Financial Balance	−156 000	−31 000	−34 000	−17 000
Earnings Before Tax	−275 000	−830 000	59 000	−110 000
Tax	0	0	0	0
Net Income	−275 000	−830 000	59 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 104 000	4 782 000	1 023 000	849 000
Total Current Assets	2 758 000	4 147 000	2 599 000	926 000
Total Assets	7 861 000	8 929 000	3 622 000	1 774 000
Total Retained Equity	−1 176 000	−901 000	−71 000	−130 000
Total Equity	−1 084 000	−809 000	20 000	−38 000
Total Long-Term Debt	3 191 000	267 000	367 000	467 000
Total Current Debt	5 754 000	9 471 000	3 235 000	1 346 000
Total Equity and Debt	7 861 000	8 929 000	3 622 000	1 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 340 000	0	0	418 000
Other Income	20 727 000	18 283 000	12 268 000	3 369 000
Revenue	23 067 000	18 283 000	12 268 000	3 787 000
Cost of Goods Sold	3 705 000	3 038 000	1 988 000	649 000
Salary Costs	10 770 000	10 561 000	6 255 000	1 469 000
Depreciation	433 000	383 000	302 000	57 000
Impairment	0	0	376 000	0
Expenditure	23 186 000	19 081 000	12 177 000	3 880 000
Operating Profit	−119 000	−798 000	92 000	−93 000
Financial Income	3 000	0	0	0
Financial Costs	159 000	31 000	34 000	17 000
Financial Balance	−156 000	−31 000	−34 000	−17 000
Dividends	0	0	0	0
Net Income	−275 000	−830 000	59 000	−110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	30 000	30 000	30 000
Real Eastate	3 458 000	3 339 000	237 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 616 000	1 413 000	756 000	819 000
Total Tangible Assets	5 074 000	4 752 000	993 000	819 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 104 000	4 782 000	1 023 000	849 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 166 000	627 000	667 000	192 000
Total Current Assets	2 758 000	4 147 000	2 599 000	926 000
Total Assets	7 861 000	8 929 000	3 622 000	1 774 000
Total Equity	−1 084 000	−809 000	20 000	−38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 191 000	267 000	367 000	467 000
Creditors	3 410 000	7 042 000	1 274 000	766 000
Unpaid Taxes	688 000	916 000	450 000	218 000
Dividends	0	0	0	0
Other Current Debt	1 657 000	1 513 000	1 510 000	362 000
Total Current Debt	5 754 000	9 471 000	3 235 000	1 346 000
Total Equity and Debt	7 861 000	8 929 000	3 622 000	1 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,37 %	102,6 %	295 %	289,47 %
Debt-to-Equity Ratio	−2,94	−0,33	18,35	−12,29
Operating Profit Margin	−0,52 %	−4,36 %	0,75 %	−2,46 %
Current Ratio	0,48	0,44	0,8	0,69
Quick Ratio	0,48	0,44	0,8	0,69
Equity Ratio	−0,14	−0,09	0,01	−0,02
Gross Profit Margin	83,94 %	83,38 %	83,8 %	82,86 %