FOLKEHØGSKOLEN 69 GRADER NORD

9056 MORTENHALS

Finances

Share Ownership

Return on Equity

−17,41 %

Current Ratio

1,07

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 907 000	10 105 000	9 834 000	9 639 000
Net Income	−659 000	−298 000	585 000	−1 326 000
Total Assets	10 179 000	10 401 000	10 570 000	10 525 000
Total Equity	3 786 000	4 445 000	4 744 000	4 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 907 000	10 105 000	9 834 000	9 639 000
Expenditure	9 443 000	10 329 000	9 123 000	10 903 000
Operating Profit	−536 000	−225 000	712 000	−1 264 000
Financial Income	39 000	30 000	30 000	32 000
Financial Costs	161 000	104 000	156 000	93 000
Financial Balance	−122 000	−74 000	−126 000	−61 000
Earnings Before Tax	−659 000	−298 000	585 000	−1 326 000
Tax	0	0	0	0
Net Income	−659 000	−298 000	585 000	−1 326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 028 000	9 001 000	9 031 000	10 159 000
Total Current Assets	2 151 000	1 400 000	1 539 000	366 000
Total Assets	10 179 000	10 401 000	10 570 000	10 525 000
Total Retained Equity	3 786 000	4 445 000	4 744 000	4 158 000
Total Equity	3 786 000	4 445 000	4 744 000	4 158 000
Total Long-Term Debt	4 390 000	4 662 000	5 026 000	5 180 000
Total Current Debt	2 002 000	1 293 000	800 000	1 187 000
Total Equity and Debt	10 179 000	10 401 000	10 570 000	10 525 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 797 000	10 079 000	9 779 000	9 629 000
Other Income	110 000	26 000	55 000	11 000
Revenue	8 907 000	10 105 000	9 834 000	9 639 000
Cost of Goods Sold	583 000	42 000	87 000	67 000
Salary Costs	5 001 000	5 240 000	4 629 000	5 157 000
Depreciation	1 029 000	1 006 000	1 009 000	1 066 000
Impairment	0	0	0	0
Expenditure	9 443 000	10 329 000	9 123 000	10 903 000
Operating Profit	−536 000	−225 000	712 000	−1 264 000
Financial Income	39 000	30 000	30 000	32 000
Financial Costs	161 000	104 000	156 000	93 000
Financial Balance	−122 000	−74 000	−126 000	−61 000
Dividends	0	0	0	0
Net Income	−659 000	−298 000	585 000	−1 326 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 129 000	6 918 000	7 320 000	8 146 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	924 000	1 029 000	578 000	711 000
Total Tangible Assets	8 028 000	9 001 000	9 031 000	10 159 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 028 000	9 001 000	9 031 000	10 159 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	866 000	992 000	1 363 000	223 000
Total Current Assets	2 151 000	1 400 000	1 539 000	366 000
Total Assets	10 179 000	10 401 000	10 570 000	10 525 000
Total Equity	3 786 000	4 445 000	4 744 000	4 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 390 000	4 662 000	5 026 000	5 180 000
Creditors	559 000	528 000	336 000	267 000
Unpaid Taxes	268 000	243 000	37 000	238 000
Dividends	0	0	0	0
Other Current Debt	1 175 000	522 000	426 000	553 000
Total Current Debt	2 002 000	1 293 000	800 000	1 187 000
Total Equity and Debt	10 179 000	10 401 000	10 570 000	10 525 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,41 %	−6,7 %	12,33 %	−31,89 %
Debt-to-Equity Ratio	1,16	1,05	1,06	1,25
Operating Profit Margin	−6,02 %	−2,23 %	7,24 %	−13,11 %
Current Ratio	1,07	1,08	1,92	0,31
Quick Ratio	1,07	1,08	1,92	0,31
Equity Ratio	0,37	0,43	0,45	0,4
Gross Profit Margin	93,45 %	99,58 %	99,12 %	99,3 %