NORVEST TRAFIKKSKOLE AS

6052 GISKE

Finances

Share Ownership

Return on Equity

173,79 %

Current Ratio

0,93

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 824 000	3 784 000	3 736 000	3 157 000
Net Income	179 000	137 000	205 000	−127 000
Total Assets	713 000	951 000	953 000	1 056 000
Total Equity	103 000	74 000	37 000	−68 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 824 000	3 784 000	3 736 000	3 157 000
Expenditure	3 575 000	3 576 000	3 444 000	3 271 000
Operating Profit	250 000	207 000	292 000	−115 000
Financial Income	0	0	0	0
Financial Costs	19 000	23 000	30 000	47 000
Financial Balance	−19 000	−23 000	−30 000	−47 000
Earnings Before Tax	230 000	185 000	262 000	−162 000
Tax	51 000	47 000	58 000	−35 000
Net Income	179 000	137 000	205 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	148 000	185 000	278 000	400 000
Total Current Assets	566 000	767 000	675 000	656 000
Total Assets	713 000	951 000	953 000	1 056 000
Total Retained Equity	73 000	44 000	7 000	−98 000
Total Equity	103 000	74 000	37 000	−68 000
Total Long-Term Debt	−1 000	117 000	235 000	333 000
Total Current Debt	611 000	760 000	681 000	791 000
Total Equity and Debt	713 000	951 000	953 000	1 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 824 000	3 751 000	3 712 000	3 157 000
Other Income	0	33 000	24 000	0
Revenue	3 824 000	3 784 000	3 736 000	3 157 000
Cost of Goods Sold	517 000	867 000	1 264 000	0
Salary Costs	1 440 000	1 448 000	1 237 000	1 329 000
Depreciation	35 000	95 000	95 000	95 000
Impairment	0	0	0	0
Expenditure	3 575 000	3 576 000	3 444 000	3 271 000
Operating Profit	250 000	207 000	292 000	−115 000
Financial Income	0	0	0	0
Financial Costs	19 000	23 000	30 000	47 000
Financial Balance	−19 000	−23 000	−30 000	−47 000
Dividends	150 000	100 000	100 000	0
Net Income	179 000	137 000	205 000	−127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	10 000	8 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	270 000	365 000
Fixtures	140 000	175 000	0	0
Total Tangible Assets	140 000	175 000	270 000	365 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	148 000	185 000	278 000	400 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−68 000	101 000	59 000	59 000
Total Current Assets	566 000	767 000	675 000	656 000
Total Assets	713 000	951 000	953 000	1 056 000
Total Equity	103 000	74 000	37 000	−68 000
Short-Term Group Debt	0	0	100 000	0
Total Long-Term Debt	−1 000	117 000	235 000	333 000
Creditors	60 000	147 000	22 000	267 000
Unpaid Taxes	91 000	87 000	105 000	110 000
Dividends	150 000	100 000	100 000	0
Other Current Debt	260 000	310 000	291 000	248 000
Total Current Debt	611 000	760 000	681 000	791 000
Total Equity and Debt	713 000	951 000	953 000	1 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	173,79 %	185,14 %	554,05 %	186,76 %
Debt-to-Equity Ratio	−0,01	1,58	6,35	−4,9
Operating Profit Margin	6,54 %	5,47 %	7,82 %	−3,64 %
Current Ratio	0,93	1,01	0,99	0,83
Quick Ratio	0,93	1,01	0,99	0,83
Equity Ratio	0,14	0,08	0,04	−0,06
Gross Profit Margin	86,48 %	77,09 %	66,17 %	100 %