SJØHOLT FOLKEHØGSKOLE AS

6240 ØRSKOG

Finances

Share Ownership

Return on Equity

108,83 %

Current Ratio

2,03

Debt-to-Equity Ratio

3,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 542 000	6 712 000	417 000	169 000
Net Income	1 035 000	−1 067 000	−1 341 000	0
Total Assets	7 411 000	5 777 000	23 998 000	4 744 000
Total Equity	951 000	−84 000	911 000	28 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 542 000	6 712 000	417 000	169 000
Expenditure	18 537 000	7 774 000	1 761 000	171 000
Operating Profit	1 005 000	−1 061 000	−1 343 000	−2 000
Financial Income	58 000	1 000	7 000	3 000
Financial Costs	28 000	7 000	5 000	1 000
Financial Balance	30 000	−6 000	2 000	2 000
Earnings Before Tax	1 035 000	−1 067 000	−1 341 000	0
Tax	0	0	0	0
Net Income	1 035 000	−1 067 000	−1 341 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 804 000	1 207 000	252 000	2 862 000
Total Current Assets	5 607 000	4 569 000	23 746 000	1 881 000
Total Assets	7 411 000	5 777 000	23 998 000	4 744 000
Total Retained Equity	−1 374 000	−2 408 000	−1 341 000	0
Total Equity	951 000	−84 000	911 000	28 000
Total Long-Term Debt	3 703 000	3 417 000	3 000 000	500 000
Total Current Debt	2 757 000	2 444 000	20 087 000	4 215 000
Total Equity and Debt	7 411 000	5 777 000	23 998 000	4 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 069 000	1 000 000	0	0
Other Income	14 473 000	5 712 000	417 000	169 000
Revenue	19 542 000	6 712 000	417 000	169 000
Cost of Goods Sold	788 000	191 000	0	0
Salary Costs	10 242 000	4 712 000	797 000	13 000
Depreciation	255 000	34 000	34 000	11 000
Impairment	0	0	0	0
Expenditure	18 537 000	7 774 000	1 761 000	171 000
Operating Profit	1 005 000	−1 061 000	−1 343 000	−2 000
Financial Income	58 000	1 000	7 000	3 000
Financial Costs	28 000	7 000	5 000	1 000
Financial Balance	30 000	−6 000	2 000	2 000
Dividends	0	0	0	0
Net Income	1 035 000	−1 067 000	−1 341 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	91 000	80 000	0	2 772 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 714 000	1 127 000	252 000	90 000
Total Tangible Assets	1 804 000	1 207 000	252 000	2 862 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 804 000	1 207 000	252 000	2 862 000
Stock	53 000	52 000	0	0
Total Investments	0	0	0	0
Cash, Bank	4 016 000	2 609 000	4 206 000	1 766 000
Total Current Assets	5 607 000	4 569 000	23 746 000	1 881 000
Total Assets	7 411 000	5 777 000	23 998 000	4 744 000
Total Equity	951 000	−84 000	911 000	28 000
Short-Term Group Debt	429 000	429 000	200 000	2 000 000
Total Long-Term Debt	3 703 000	3 417 000	3 000 000	500 000
Creditors	502 000	1 053 000	766 000	1 634 000
Unpaid Taxes	645 000	460 000	22 000	0
Dividends	0	0	0	0
Other Current Debt	1 182 000	502 000	283 000	582 000
Total Current Debt	2 757 000	2 444 000	20 087 000	4 215 000
Total Equity and Debt	7 411 000	5 777 000	23 998 000	4 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,83 %	1 270,24 %	−147,2 %	0 %
Debt-to-Equity Ratio	3,89	−40,68	3,29	17,86
Operating Profit Margin	5,14 %	−15,81 %	−322,06 %	−1,18 %
Current Ratio	2,03	1,87	1,18	0,45
Quick Ratio	2,07	1,91	1,18	0,45
Equity Ratio	0,13	−0,01	0,04	0,01
Gross Profit Margin	95,97 %	97,15 %	100 %	100 %