STAVERN FOLKEHØYSKOLE

3294 STAVERN

Finances

Return on Equity

14,35 %

Current Ratio

1,96

Debt-to-Equity Ratio

2,36

Key figures (NOK)	2021	2020	2012
Revenue	31 387 000	26 380 000	23 295 000
Net Income	2 191 000	558 000	958 000
Total Assets	56 910 000	57 429 000	28 851 000
Total Equity	15 271 000	13 080 000	4 765 000

Income (NOK)	2021	2020	2012
Revenue	31 387 000	26 380 000	23 295 000
Expenditure	28 667 000	25 195 000	21 633 000
Operating Profit	2 720 000	1 185 000	1 662 000
Financial Income	23 000	26 000	45 000
Financial Costs	552 000	653 000	748 000
Financial Balance	−529 000	−627 000	−703 000
Earnings Before Tax	2 191 000	558 000	958 000
Tax	0	0	0
Net Income	2 191 000	558 000	958 000

Balance (NOK)	2021	2020	2012
Total Fixed Assets	45 889 000	48 827 000	27 569 000
Total Current Assets	11 022 000	8 601 000	1 282 000
Total Assets	56 910 000	57 429 000	28 851 000
Total Retained Equity	850 000	0	4 765 000
Total Equity	15 271 000	13 080 000	4 765 000
Total Long-Term Debt	36 025 000	38 581 000	20 447 000
Total Current Debt	5 615 000	5 768 000	3 639 000
Total Equity and Debt	56 910 000	57 429 000	28 851 000

Cash flow (NOK)	2021	2020	2012
Sales Income	13 064 000	9 172 000	1 669 000
Other Income	18 323 000	17 209 000	21 626 000
Revenue	31 387 000	26 380 000	23 295 000
Cost of Goods Sold	37 000	30 000	1 951 000
Salary Costs	16 395 000	12 887 000	12 420 000
Depreciation	2 986 000	2 952 000	1 513 000
Impairment	120 000	0	0
Expenditure	28 667 000	25 195 000	21 633 000
Operating Profit	2 720 000	1 185 000	1 662 000
Financial Income	23 000	26 000	45 000
Financial Costs	552 000	653 000	748 000
Financial Balance	−529 000	−627 000	−703 000
Dividends	0	0	0
Net Income	2 191 000	558 000	958 000

Balance details (NOK)	2021	2020	2012
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	43 739 000	46 425 000	23 369 000
Machinery and Plant Facilities	0	0	141 000
Fixtures	1 811 000	1 968 000	4 059 000
Total Tangible Assets	45 889 000	48 827 000	27 569 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	45 889 000	48 827 000	27 569 000
Stock	135 000	112 000	0
Total Investments	0	0	0
Cash, Bank	10 388 000	7 695 000	754 000
Total Current Assets	11 022 000	8 601 000	1 282 000
Total Assets	56 910 000	57 429 000	28 851 000
Total Equity	15 271 000	13 080 000	4 765 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	36 025 000	38 581 000	20 447 000
Creditors	671 000	879 000	0
Unpaid Taxes	1 174 000	798 000	866 000
Dividends	0	0	0
Other Current Debt	3 770 000	4 091 000	2 772 000
Total Current Debt	5 615 000	5 768 000	3 639 000
Total Equity and Debt	56 910 000	57 429 000	28 851 000

Financial indicators	2021	2020	2012
Return on Equity	14,35 %	4,27 %	20,1 %
Debt-to-Equity Ratio	2,36	2,95	4,29
Operating Profit Margin	8,67 %	4,49 %	7,13 %
Current Ratio	1,96	1,49	0,35
Quick Ratio	2,01	1,52	0,35
Equity Ratio	0,27	0,23	0,17
Gross Profit Margin	99,88 %	99,89 %	91,62 %