KUNSTSKOLEN I STAVANGER AS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

9,05 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 290 000	8 244 000	7 960 000	8 905 000
Net Income	509 000	780 000	904 000	590 000
Total Assets	7 711 000	8 833 000	8 198 000	7 335 000
Total Equity	5 622 000	5 114 000	4 334 000	3 430 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 290 000	8 244 000	7 960 000	8 905 000
Expenditure	7 739 000	7 448 000	6 951 000	8 218 000
Operating Profit	551 000	797 000	1 009 000	687 000
Financial Income	13 000	108 000	36 000	83 000
Financial Costs	55 000	125 000	141 000	180 000
Financial Balance	−42 000	−17 000	−105 000	−97 000
Earnings Before Tax	509 000	780 000	904 000	590 000
Tax	0	0	0	0
Net Income	509 000	780 000	904 000	590 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 900 000	3 300 000	3 700 000	4 100 000
Total Current Assets	4 811 000	5 533 000	4 498 000	3 235 000
Total Assets	7 711 000	8 833 000	8 198 000	7 335 000
Total Retained Equity	5 592 000	5 084 000	0	0
Total Equity	5 622 000	5 114 000	4 334 000	3 430 000
Total Long-Term Debt	0	2 187 000	2 522 000	2 840 000
Total Current Debt	2 088 000	1 533 000	1 342 000	1 064 000
Total Equity and Debt	7 711 000	8 833 000	8 198 000	7 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 170 000	8 034 000	7 926 000	7 619 000
Other Income	120 000	210 000	34 000	1 286 000
Revenue	8 290 000	8 244 000	7 960 000	8 905 000
Cost of Goods Sold	0	0	0	3 489 000
Salary Costs	4 335 000	4 292 000	4 379 000	4 426 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 739 000	7 448 000	6 951 000	8 218 000
Operating Profit	551 000	797 000	1 009 000	687 000
Financial Income	13 000	108 000	36 000	83 000
Financial Costs	55 000	125 000	141 000	180 000
Financial Balance	−42 000	−17 000	−105 000	−97 000
Dividends	0	0	0	0
Net Income	509 000	780 000	904 000	590 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 900 000	3 300 000	3 700 000	4 100 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 900 000	3 300 000	3 700 000	4 100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 900 000	3 300 000	3 700 000	4 100 000
Stock	0	0	0	0
Total Investments	720 000	761 000	695 000	687 000
Cash, Bank	4 091 000	4 749 000	3 778 000	2 477 000
Total Current Assets	4 811 000	5 533 000	4 498 000	3 235 000
Total Assets	7 711 000	8 833 000	8 198 000	7 335 000
Total Equity	5 622 000	5 114 000	4 334 000	3 430 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 187 000	2 522 000	2 840 000
Creditors	0	0	528 000	0
Unpaid Taxes	258 000	274 000	258 000	228 000
Dividends	0	0	0	0
Other Current Debt	1 830 000	1 259 000	557 000	836 000
Total Current Debt	2 088 000	1 533 000	1 342 000	1 064 000
Total Equity and Debt	7 711 000	8 833 000	8 198 000	7 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,05 %	15,25 %	20,86 %	17,2 %
Debt-to-Equity Ratio	0	0,43	0,58	0,83
Operating Profit Margin	6,65 %	9,67 %	12,68 %	7,71 %
Current Ratio	2,3	3,61	3,35	3,04
Quick Ratio	2,3	3,61	3,35	3,04
Equity Ratio	0,73	0,58	0,53	0,47
Gross Profit Margin	100 %	100 %	100 %	60,82 %