HØGSKULEN FOR GRØN UTVIKLING - STIFTELSE

4340 BRYNE

Finances

Share Ownership

Return on Equity

42,88 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 115 000	6 077 000	5 959 000	0
Net Income	340 000	167 000	86 000	0
Total Assets	2 492 000	1 802 000	2 140 000	200 000
Total Equity	793 000	453 000	286 000	200 000

Income (NOK)	2022	2021	2020
Revenue	7 115 000	6 077 000	5 959 000
Expenditure	6 784 000	5 898 000	5 829 000
Operating Profit	331 000	180 000	131 000
Financial Income	21 000	1 000	2 000
Financial Costs	12 000	14 000	47 000
Financial Balance	9 000	−13 000	−45 000
Earnings Before Tax	340 000	167 000	86 000
Tax	0	0	0
Net Income	340 000	167 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	354 000	546 000	721 000	0
Total Current Assets	2 138 000	1 255 000	1 419 000	200 000
Total Assets	2 492 000	1 802 000	2 140 000	200 000
Total Retained Equity	593 000	253 000	86 000	0
Total Equity	793 000	453 000	286 000	200 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 699 000	1 348 000	1 853 000	0
Total Equity and Debt	2 492 000	1 802 000	2 140 000	200 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 741 000	2 996 000	3 187 000
Other Income	3 373 000	3 081 000	2 772 000
Revenue	7 115 000	6 077 000	5 959 000
Cost of Goods Sold	37 000	31 000	26 000
Salary Costs	4 414 000	4 081 000	3 396 000
Depreciation	192 000	192 000	187 000
Impairment	0	0	0
Expenditure	6 784 000	5 898 000	5 829 000
Operating Profit	331 000	180 000	131 000
Financial Income	21 000	1 000	2 000
Financial Costs	12 000	14 000	47 000
Financial Balance	9 000	−13 000	−45 000
Dividends	0	0	0
Net Income	340 000	167 000	86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	345 000	519 000	693 000	0
Total Intangible Assets	345 000	519 000	693 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	27 000	28 000	0
Total Tangible Assets	9 000	27 000	28 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	354 000	546 000	721 000	0
Stock	91 000	108 000	101 000	0
Total Investments	22 000	22 000	22 000	0
Cash, Bank	468 000	6 000	2 000	120 000
Total Current Assets	2 138 000	1 255 000	1 419 000	200 000
Total Assets	2 492 000	1 802 000	2 140 000	200 000
Total Equity	793 000	453 000	286 000	200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	91 000	143 000	108 000	0
Unpaid Taxes	323 000	319 000	220 000	0
Dividends	0	0	0	0
Other Current Debt	1 285 000	429 000	308 000	0
Total Current Debt	1 699 000	1 348 000	1 853 000	0
Total Equity and Debt	2 492 000	1 802 000	2 140 000	200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,88 %	36,87 %	30,07 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,65 %	2,96 %	2,2 %	-
Current Ratio	1,26	0,93	0,77	-
Quick Ratio	1,33	1,01	0,81	-
Equity Ratio	0,32	0,25	0,13	1
Gross Profit Margin	99,48 %	99,49 %	99,56 %	-