VÅLAND TRAFIKKSKOLE AS

4053 RÆGE

Finances

Share Ownership

Return on Equity

15,59 %

Current Ratio

1,87

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 934 000	5 569 000	3 707 000	2 251 000
Net Income	99 000	185 000	187 000	134 000
Total Assets	1 626 000	1 759 000	1 353 000	796 000
Total Equity	635 000	536 000	351 000	343 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 934 000	5 569 000	3 707 000	2 251 000
Expenditure	4 804 000	5 321 000	3 462 000	2 084 000
Operating Profit	130 000	248 000	245 000	167 000
Financial Income	8 000	3 000	2 000	5 000
Financial Costs	11 000	11 000	7 000	0
Financial Balance	−3 000	−8 000	−5 000	5 000
Earnings Before Tax	127 000	239 000	240 000	172 000
Tax	28 000	54 000	53 000	38 000
Net Income	99 000	185 000	187 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	502 000	438 000	240 000
Total Current Assets	1 319 000	1 258 000	915 000	556 000
Total Assets	1 626 000	1 759 000	1 353 000	796 000
Total Retained Equity	585 000	486 000	301 000	293 000
Total Equity	635 000	536 000	351 000	343 000
Total Long-Term Debt	287 000	363 000	242 000	56 000
Total Current Debt	704 000	861 000	761 000	397 000
Total Equity and Debt	1 626 000	1 759 000	1 353 000	796 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 868 000	5 541 000	3 707 000	2 251 000
Other Income	67 000	28 000	0	0
Revenue	4 934 000	5 569 000	3 707 000	2 251 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 495 000	1 456 000	1 167 000	958 000
Depreciation	117 000	227 000	158 000	18 000
Impairment	0	0	0	0
Expenditure	4 804 000	5 321 000	3 462 000	2 084 000
Operating Profit	130 000	248 000	245 000	167 000
Financial Income	8 000	3 000	2 000	5 000
Financial Costs	11 000	11 000	7 000	0
Financial Balance	−3 000	−8 000	−5 000	5 000
Dividends	0	0	180 000	0
Net Income	99 000	185 000	187 000	134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	12 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	302 000	490 000	438 000	240 000
Total Tangible Assets	302 000	490 000	438 000	240 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	307 000	502 000	438 000	240 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 022 000	822 000	600 000	429 000
Total Current Assets	1 319 000	1 258 000	915 000	556 000
Total Assets	1 626 000	1 759 000	1 353 000	796 000
Total Equity	635 000	536 000	351 000	343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	287 000	363 000	242 000	56 000
Creditors	229 000	287 000	59 000	84 000
Unpaid Taxes	113 000	95 000	82 000	56 000
Dividends	0	0	180 000	0
Other Current Debt	341 000	412 000	379 000	226 000
Total Current Debt	704 000	861 000	761 000	397 000
Total Equity and Debt	1 626 000	1 759 000	1 353 000	796 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,59 %	34,51 %	53,28 %	39,07 %
Debt-to-Equity Ratio	0,45	0,68	0,69	0,16
Operating Profit Margin	2,63 %	4,45 %	6,61 %	7,42 %
Current Ratio	1,87	1,46	1,2	1,4
Quick Ratio	1,87	1,46	1,2	1,4
Equity Ratio	0,39	0,3	0,26	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %