TORE ØSTENSTAD TRAFIKKSKOLE AS

5119 ULSET

Finances

Share Ownership

Return on Equity

8,28 %

Current Ratio

4,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	409 000	513 000	472 000	334 000
Net Income	49 000	131 000	96 000	147 000
Total Assets	763 000	927 000	600 000	454 000
Total Equity	592 000	542 000	412 000	316 000

Income (NOK)	2022	2021	2020	2019
Revenue	409 000	513 000	472 000	334 000
Expenditure	354 000	350 000	354 000	186 000
Operating Profit	55 000	163 000	119 000	149 000
Financial Income	5 000	2 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	5 000	1 000	0	0
Earnings Before Tax	60 000	165 000	119 000	149 000
Tax	11 000	34 000	23 000	1 000
Net Income	49 000	131 000	96 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	5 000	5 000	5 000
Total Current Assets	758 000	922 000	595 000	449 000
Total Assets	763 000	927 000	600 000	454 000
Total Retained Equity	274 000	224 000	94 000	−2 000
Total Equity	592 000	542 000	412 000	316 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	172 000	385 000	189 000	138 000
Total Equity and Debt	763 000	927 000	600 000	454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	409 000	513 000	472 000	334 000
Other Income	0	0	0	0
Revenue	409 000	513 000	472 000	334 000
Cost of Goods Sold	0	0	7 000	3 000
Salary Costs	78 000	3 000	135 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	354 000	350 000	354 000	186 000
Operating Profit	55 000	163 000	119 000	149 000
Financial Income	5 000	2 000	0	0
Financial Costs	0	1 000	0	0
Financial Balance	5 000	1 000	0	0
Dividends	0	0	0	0
Net Income	49 000	131 000	96 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	5 000	5 000	5 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	714 000	887 000	559 000	415 000
Total Current Assets	758 000	922 000	595 000	449 000
Total Assets	763 000	927 000	600 000	454 000
Total Equity	592 000	542 000	412 000	316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	50 000	52 000	0	0
Unpaid Taxes	14 000	23 000	22 000	0
Dividends	0	0	0	0
Other Current Debt	96 000	276 000	144 000	136 000
Total Current Debt	172 000	385 000	189 000	138 000
Total Equity and Debt	763 000	927 000	600 000	454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,28 %	24,17 %	23,3 %	46,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,45 %	31,77 %	25,21 %	44,61 %
Current Ratio	4,41	2,39	3,15	3,25
Quick Ratio	4,41	2,39	3,15	3,25
Equity Ratio	0,78	0,58	0,69	0,7
Gross Profit Margin	100 %	100 %	98,52 %	99,1 %