OSLO LANGUAGE SCHOOL AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−45 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	838 000	667 000	334 000	189 000
Net Income	−9 000	48 000	188 000	31 000
Total Assets	293 000	269 000	164 000	191 000
Total Equity	20 000	79 000	31 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	838 000	667 000	334 000	189 000
Expenditure	850 000	605 000	93 000	149 000
Operating Profit	−12 000	62 000	241 000	40 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	0
Earnings Before Tax	−12 000	62 000	241 000	40 000
Tax	−3 000	14 000	53 000	9 000
Net Income	−9 000	48 000	188 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	11 000	30 000	67 000
Total Current Assets	279 000	258 000	134 000	123 000
Total Assets	293 000	269 000	164 000	191 000
Total Retained Equity	−4 000	55 000	7 000	−12 000
Total Equity	20 000	79 000	31 000	13 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	273 000	190 000	133 000	178 000
Total Equity and Debt	293 000	269 000	164 000	191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	838 000	667 000	334 000	189 000
Other Income	0	0	0	0
Revenue	838 000	667 000	334 000	189 000
Cost of Goods Sold	51 000	0	0	0
Salary Costs	754 000	383 000	0	73 000
Depreciation	0	21 000	42 000	42 000
Impairment	0	0	0	0
Expenditure	850 000	605 000	93 000	149 000
Operating Profit	−12 000	62 000	241 000	40 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	0	0
Dividends	0	0	170 000	0
Net Income	−9 000	48 000	188 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	11 000	9 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	21 000	63 000
Total Tangible Assets	0	0	21 000	63 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	11 000	30 000	67 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	118 000	59 000	81 000
Total Current Assets	279 000	258 000	134 000	123 000
Total Assets	293 000	269 000	164 000	191 000
Total Equity	20 000	79 000	31 000	13 000
Short-Term Group Debt	50 000	50 000	50 000	0
Total Long-Term Debt	0	0	0	0
Creditors	−48 000	−14 000	20 000	9 000
Unpaid Taxes	190 000	91 000	−5 000	8 000
Dividends	0	0	170 000	0
Other Current Debt	80 000	47 000	−159 000	161 000
Total Current Debt	273 000	190 000	133 000	178 000
Total Equity and Debt	293 000	269 000	164 000	191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45 %	60,76 %	606,45 %	238,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,43 %	9,3 %	72,16 %	21,16 %
Current Ratio	1,02	1,36	1,01	0,69
Quick Ratio	1,02	1,36	1,01	0,69
Equity Ratio	0,07	0,29	0,19	0,07
Gross Profit Margin	93,91 %	100 %	100 %	100 %