HELGELAND FOLKEHØYSKOLE

8664 MOSJØEN

Finances

Share Ownership

Return on Equity

−70,95 %

Current Ratio

0,37

Debt-to-Equity Ratio

3,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 243 000	21 326 000	22 954 000	30 777 000
Net Income	−1 951 000	504 000	237 000	1 868 000
Total Assets	18 456 000	17 358 000	17 402 000	20 898 000
Total Equity	2 750 000	4 701 000	4 197 000	3 960 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 243 000	21 326 000	22 954 000	30 777 000
Expenditure	23 979 000	20 618 000	22 150 000	27 749 000
Operating Profit	−1 735 000	709 000	804 000	3 027 000
Financial Income	0	0	1 000	10 000
Financial Costs	215 000	205 000	597 000	700 000
Financial Balance	−215 000	−205 000	−596 000	−690 000
Earnings Before Tax	−1 951 000	504 000	208 000	2 337 000
Tax	0	0	−29 000	469 000
Net Income	−1 951 000	504 000	237 000	1 868 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 879 000	15 829 000	16 156 000	16 914 000
Total Current Assets	2 577 000	1 529 000	1 247 000	3 984 000
Total Assets	18 456 000	17 358 000	17 402 000	20 898 000
Total Retained Equity	−2 754 000	−803 000	−1 307 000	−1 544 000
Total Equity	2 750 000	4 701 000	4 197 000	3 960 000
Total Long-Term Debt	8 651 000	8 651 000	9 116 000	10 824 000
Total Current Debt	7 055 000	4 007 000	4 089 000	6 114 000
Total Equity and Debt	18 456 000	17 358 000	17 402 000	20 898 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	415 000	2 109 000	5 155 000	14 022 000
Other Income	21 828 000	19 218 000	17 800 000	16 755 000
Revenue	22 243 000	21 326 000	22 954 000	30 777 000
Cost of Goods Sold	1 676 000	1 590 000	1 382 000	1 054 000
Salary Costs	8 871 000	8 673 000	9 155 000	11 143 000
Depreciation	1 732 000	1 575 000	1 504 000	1 440 000
Impairment	0	0	0	0
Expenditure	23 979 000	20 618 000	22 150 000	27 749 000
Operating Profit	−1 735 000	709 000	804 000	3 027 000
Financial Income	0	0	1 000	10 000
Financial Costs	215 000	205 000	597 000	700 000
Financial Balance	−215 000	−205 000	−596 000	−690 000
Dividends	0	0	0	0
Net Income	−1 951 000	504 000	237 000	1 868 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 120 000	13 494 000	14 074 000	14 988 000
Machinery and Plant Facilities	27 000	0	0	0
Fixtures	2 732 000	2 336 000	2 082 000	1 926 000
Total Tangible Assets	15 879 000	15 829 000	16 156 000	16 914 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 879 000	15 829 000	16 156 000	16 914 000
Stock	60 000	47 000	25 000	52 000
Total Investments	0	0	0	0
Cash, Bank	385 000	290 000	220 000	427 000
Total Current Assets	2 577 000	1 529 000	1 247 000	3 984 000
Total Assets	18 456 000	17 358 000	17 402 000	20 898 000
Total Equity	2 750 000	4 701 000	4 197 000	3 960 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 651 000	8 651 000	9 116 000	10 824 000
Creditors	3 566 000	853 000	1 600 000	3 296 000
Unpaid Taxes	302 000	286 000	363 000	630 000
Dividends	0	0	0	0
Other Current Debt	2 758 000	2 411 000	1 609 000	1 228 000
Total Current Debt	7 055 000	4 007 000	4 089 000	6 114 000
Total Equity and Debt	18 456 000	17 358 000	17 402 000	20 898 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,95 %	10,72 %	5,65 %	47,17 %
Debt-to-Equity Ratio	3,15	1,84	2,17	2,73
Operating Profit Margin	−7,8 %	3,32 %	3,5 %	9,84 %
Current Ratio	0,37	0,38	0,3	0,65
Quick Ratio	0,37	0,39	0,31	0,66
Equity Ratio	0,15	0,27	0,24	0,19
Gross Profit Margin	92,47 %	92,54 %	93,98 %	96,58 %