I.Hæhre's Trafikkskole A/S

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

19,47 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 259 000	3 179 000	2 558 000	2 650 000
Net Income	279 000	198 000	367 000	416 000
Total Assets	1 956 000	1 867 000	1 886 000	1 821 000
Total Equity	1 433 000	1 354 000	1 356 000	1 189 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 259 000	3 179 000	2 558 000	2 650 000
Expenditure	2 894 000	2 930 000	2 086 000	2 115 000
Operating Profit	365 000	249 000	473 000	536 000
Financial Income	5 000	4 000	0	0
Financial Costs	0	0	3 000	0
Financial Balance	5 000	4 000	−3 000	0
Earnings Before Tax	371 000	254 000	470 000	536 000
Tax	91 000	56 000	104 000	120 000
Net Income	279 000	198 000	367 000	416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	960 000	1 347 000	1 652 000	1 456 000
Total Current Assets	996 000	520 000	234 000	365 000
Total Assets	1 956 000	1 867 000	1 886 000	1 821 000
Total Retained Equity	1 333 000	1 254 000	1 256 000	1 089 000
Total Equity	1 433 000	1 354 000	1 356 000	1 189 000
Total Long-Term Debt	0	28 000	47 000	35 000
Total Current Debt	523 000	485 000	482 000	597 000
Total Equity and Debt	1 956 000	1 867 000	1 886 000	1 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 259 000	3 179 000	2 499 000	2 650 000
Other Income	0	0	59 000	0
Revenue	3 259 000	3 179 000	2 558 000	2 650 000
Cost of Goods Sold	0	0	0	57 000
Salary Costs	1 637 000	1 630 000	1 040 000	1 075 000
Depreciation	387 000	400 000	318 000	272 000
Impairment	0	0	0	0
Expenditure	2 894 000	2 930 000	2 086 000	2 115 000
Operating Profit	365 000	249 000	473 000	536 000
Financial Income	5 000	4 000	0	0
Financial Costs	0	0	3 000	0
Financial Balance	5 000	4 000	−3 000	0
Dividends	200 000	200 000	200 000	200 000
Net Income	279 000	198 000	367 000	416 000

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	940 000	1 327 000	1 632 000	1 436 000
Total Tangible Assets	940 000	1 327 000	1 632 000	1 436 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	960 000	1 347 000	1 652 000	1 456 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	931 000	520 000	234 000	365 000
Total Current Assets	996 000	520 000	234 000	365 000
Total Assets	1 956 000	1 867 000	1 886 000	1 821 000
Total Equity	1 433 000	1 354 000	1 356 000	1 189 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	28 000	47 000	35 000
Creditors	56 000	54 000	39 000	33 000
Unpaid Taxes	113 000	115 000	63 000	65 000
Dividends	200 000	200 000	200 000	200 000
Other Current Debt	235 000	240 000	89 000	190 000
Total Current Debt	523 000	485 000	482 000	597 000
Total Equity and Debt	1 956 000	1 867 000	1 886 000	1 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,47 %	14,62 %	27,06 %	34,99 %
Debt-to-Equity Ratio	0	0,02	0,03	0,03
Operating Profit Margin	11,2 %	7,83 %	18,49 %	20,23 %
Current Ratio	1,9	1,07	0,49	0,61
Quick Ratio	1,9	1,07	0,49	0,61
Equity Ratio	0,73	0,73	0,72	0,65
Gross Profit Margin	100 %	100 %	100 %	97,85 %