STIFTINGA MØRE FOLKEHØGSKULE

6150 ØRSTA

Finances

Share Ownership

Return on Equity

11,02 %

Current Ratio

2,96

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 005 000	26 386 000	21 011 000	24 599 000
Net Income	1 418 000	3 695 000	291 000	1 425 000
Total Assets	29 677 000	29 495 000	28 523 000	23 774 000
Total Equity	12 864 000	11 445 000	7 750 000	7 459 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 005 000	26 386 000	21 011 000	24 599 000
Expenditure	25 040 000	22 352 000	20 326 000	22 759 000
Operating Profit	1 964 000	4 035 000	685 000	1 839 000
Financial Income	5 000	4 000	5 000	8 000
Financial Costs	551 000	344 000	399 000	422 000
Financial Balance	−546 000	−340 000	−394 000	−414 000
Earnings Before Tax	1 418 000	3 695 000	291 000	1 425 000
Tax	0	0	0	0
Net Income	1 418 000	3 695 000	291 000	1 425 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 928 000	21 675 000	21 475 000	20 388 000
Total Current Assets	8 749 000	7 821 000	7 049 000	3 386 000
Total Assets	29 677 000	29 495 000	28 523 000	23 774 000
Total Retained Equity	12 664 000	11 345 000	7 650 000	7 359 000
Total Equity	12 864 000	11 445 000	7 750 000	7 459 000
Total Long-Term Debt	13 855 000	14 665 000	15 723 000	12 881 000
Total Current Debt	2 959 000	3 386 000	5 051 000	3 434 000
Total Equity and Debt	29 677 000	29 495 000	28 523 000	23 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 736 000	13 946 000	8 564 000	13 034 000
Other Income	13 269 000	12 440 000	12 447 000	11 565 000
Revenue	27 005 000	26 386 000	21 011 000	24 599 000
Cost of Goods Sold	6 263 000	4 107 000	3 749 000	5 271 000
Salary Costs	13 388 000	12 942 000	11 792 000	12 593 000
Depreciation	888 000	835 000	745 000	570 000
Impairment	0	0	0	0
Expenditure	25 040 000	22 352 000	20 326 000	22 759 000
Operating Profit	1 964 000	4 035 000	685 000	1 839 000
Financial Income	5 000	4 000	5 000	8 000
Financial Costs	551 000	344 000	399 000	422 000
Financial Balance	−546 000	−340 000	−394 000	−414 000
Dividends	0	0	0	0
Net Income	1 418 000	3 695 000	291 000	1 425 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 318 000	19 909 000	20 227 000	19 515 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 609 000	1 766 000	1 248 000	873 000
Total Tangible Assets	20 928 000	21 675 000	21 475 000	20 388 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 928 000	21 675 000	21 475 000	20 388 000
Stock	136 000	129 000	146 000	107 000
Total Investments	0	0	0	0
Cash, Bank	7 819 000	6 683 000	6 265 000	2 863 000
Total Current Assets	8 749 000	7 821 000	7 049 000	3 386 000
Total Assets	29 677 000	29 495 000	28 523 000	23 774 000
Total Equity	12 864 000	11 445 000	7 750 000	7 459 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 855 000	14 665 000	15 723 000	12 881 000
Creditors	733 000	414 000	669 000	1 410 000
Unpaid Taxes	975 000	976 000	774 000	823 000
Dividends	0	0	0	0
Other Current Debt	1 251 000	1 996 000	3 608 000	1 201 000
Total Current Debt	2 959 000	3 386 000	5 051 000	3 434 000
Total Equity and Debt	29 677 000	29 495 000	28 523 000	23 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,02 %	32,28 %	3,75 %	19,1 %
Debt-to-Equity Ratio	1,08	1,28	2,03	1,73
Operating Profit Margin	7,27 %	15,29 %	3,26 %	7,48 %
Current Ratio	2,96	2,31	1,4	0,99
Quick Ratio	3,1	2,4	1,44	1,02
Equity Ratio	0,43	0,39	0,27	0,31
Gross Profit Margin	76,81 %	84,43 %	82,16 %	78,57 %