TORSHUS FOLKEHØGSKULE STI

7320 FANNREM

Finances

Share Ownership

Return on Equity

1,83 %

Current Ratio

2,76

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 630 000	17 717 000	17 864 000	18 998 000
Net Income	109 000	−38 000	552 000	807 000
Total Assets	10 971 000	12 318 000	12 411 000	12 295 000
Total Equity	5 951 000	5 843 000	5 881 000	5 329 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 630 000	17 717 000	17 864 000	18 998 000
Expenditure	17 436 000	17 655 000	17 195 000	18 029 000
Operating Profit	195 000	62 000	669 000	969 000
Financial Income	−86 000	−100 000	−117 000	−161 000
Financial Costs	0	0	0	0
Financial Balance	−86 000	−100 000	−117 000	−161 000
Earnings Before Tax	109 000	−38 000	552 000	807 000
Tax	0	0	0	0
Net Income	109 000	−38 000	552 000	807 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 075 000	5 196 000	5 058 000	5 506 000
Total Current Assets	5 895 000	7 122 000	7 353 000	6 789 000
Total Assets	10 971 000	12 318 000	12 411 000	12 295 000
Total Retained Equity	5 951 000	5 843 000	5 881 000	5 328 000
Total Equity	5 951 000	5 843 000	5 881 000	5 329 000
Total Long-Term Debt	2 887 000	3 343 000	3 798 000	4 223 000
Total Current Debt	2 133 000	3 132 000	2 732 000	2 744 000
Total Equity and Debt	10 971 000	12 318 000	12 411 000	12 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 533 000	10 084 000	17 154 000	18 143 000
Other Income	7 098 000	7 633 000	711 000	855 000
Revenue	17 630 000	17 717 000	17 864 000	18 998 000
Cost of Goods Sold	4 000	0	0	27 000
Salary Costs	9 954 000	10 190 000	10 176 000	9 710 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 436 000	17 655 000	17 195 000	18 029 000
Operating Profit	195 000	62 000	669 000	969 000
Financial Income	−86 000	−100 000	−117 000	−161 000
Financial Costs	0	0	0	0
Financial Balance	−86 000	−100 000	−117 000	−161 000
Dividends	0	0	0	0
Net Income	109 000	−38 000	552 000	807 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 075 000	4 514 000	4 287 000	4 633 000
Machinery and Plant Facilities	0	682 000	771 000	873 000
Fixtures	0	0	0	0
Total Tangible Assets	5 075 000	5 196 000	5 058 000	5 506 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 075 000	5 196 000	5 058 000	5 506 000
Stock	122 000	175 000	180 000	134 000
Total Investments	0	0	0	0
Cash, Bank	4 355 000	5 003 000	5 132 000	4 436 000
Total Current Assets	5 895 000	7 122 000	7 353 000	6 789 000
Total Assets	10 971 000	12 318 000	12 411 000	12 295 000
Total Equity	5 951 000	5 843 000	5 881 000	5 329 000
Short-Term Group Debt	880 000	1 770 000	1 475 000	1 546 000
Total Long-Term Debt	2 887 000	3 343 000	3 798 000	4 223 000
Creditors	569 000	616 000	536 000	489 000
Unpaid Taxes	415 000	434 000	721 000	708 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 133 000	3 132 000	2 732 000	2 744 000
Total Equity and Debt	10 971 000	12 318 000	12 411 000	12 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,83 %	−0,65 %	9,39 %	15,14 %
Debt-to-Equity Ratio	0,49	0,57	0,65	0,79
Operating Profit Margin	1,11 %	0,35 %	3,74 %	5,1 %
Current Ratio	2,76	2,27	2,69	2,47
Quick Ratio	2,93	2,41	2,88	2,6
Equity Ratio	0,54	0,47	0,47	0,43
Gross Profit Margin	99,98 %	100 %	100 %	99,86 %