NORGES HANDELSHØYSKOLES STUDENTFORENING

5045 BERGEN

Finances

Return on Equity

7,09 %

Current Ratio

4,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 394 000	14 792 000	12 950 000	16 908 000
Net Income	1 967 000	1 939 000	4 294 000	3 027 000
Total Assets	33 484 000	29 269 000	25 668 000	23 282 000
Total Equity	27 740 000	25 773 000	23 834 000	19 541 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 394 000	14 792 000	12 950 000	16 908 000
Expenditure	25 322 000	14 065 000	9 055 000	14 722 000
Operating Profit	2 071 000	728 000	3 895 000	2 186 000
Financial Income	−104 000	1 212 000	457 000	876 000
Financial Costs	0	1 000	58 000	35 000
Financial Balance	−104 000	1 211 000	399 000	841 000
Earnings Before Tax	1 967 000	1 939 000	4 294 000	3 027 000
Tax	0	0	0	0
Net Income	1 967 000	1 939 000	4 294 000	3 027 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 967 000	8 367 000	1 903 000	2 021 000
Total Current Assets	24 517 000	20 902 000	23 765 000	21 261 000
Total Assets	33 484 000	29 269 000	25 668 000	23 282 000
Total Retained Equity	27 740 000	25 773 000	23 834 000	19 541 000
Total Equity	27 740 000	25 773 000	23 834 000	19 541 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 744 000	3 496 000	1 833 000	3 742 000
Total Equity and Debt	33 484 000	29 269 000	25 668 000	23 282 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 409 000	10 856 000	7 911 000	11 008 000
Other Income	3 985 000	3 935 000	5 039 000	5 900 000
Revenue	27 394 000	14 792 000	12 950 000	16 908 000
Cost of Goods Sold	6 429 000	3 044 000	2 042 000	4 641 000
Salary Costs	1 167 000	593 000	387 000	555 000
Depreciation	1 707 000	1 257 000	1 292 000	818 000
Impairment	0	0	−312 000	494 000
Expenditure	25 322 000	14 065 000	9 055 000	14 722 000
Operating Profit	2 071 000	728 000	3 895 000	2 186 000
Financial Income	−104 000	1 212 000	457 000	876 000
Financial Costs	0	1 000	58 000	35 000
Financial Balance	−104 000	1 211 000	399 000	841 000
Dividends	0	0	0	0
Net Income	1 967 000	1 939 000	4 294 000	3 027 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	354 000	474 000	276 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	1 347 000
Fixtures	8 483 000	7 764 000	1 496 000	544 000
Total Tangible Assets	8 483 000	7 764 000	1 496 000	1 891 000
Total Fiancial Fixed Assets	130 000	130 000	130 000	130 000
Total Fixed Assets	8 967 000	8 367 000	1 903 000	2 021 000
Stock	277 000	262 000	238 000	95 000
Total Investments	10 595 000	10 706 000	5 671 000	5 224 000
Cash, Bank	10 067 000	8 513 000	14 699 000	12 385 000
Total Current Assets	24 517 000	20 902 000	23 765 000	21 261 000
Total Assets	33 484 000	29 269 000	25 668 000	23 282 000
Total Equity	27 740 000	25 773 000	23 834 000	19 541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 229 000	126 000	10 000	537 000
Unpaid Taxes	1 879 000	254 000	425 000	713 000
Dividends	0	0	0	0
Other Current Debt	2 636 000	3 115 000	1 399 000	2 491 000
Total Current Debt	5 744 000	3 496 000	1 833 000	3 742 000
Total Equity and Debt	33 484 000	29 269 000	25 668 000	23 282 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,09 %	7,52 %	18,02 %	15,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,56 %	4,92 %	30,08 %	12,93 %
Current Ratio	4,27	5,98	12,97	5,68
Quick Ratio	4,48	6,46	14,9	5,83
Equity Ratio	0,83	0,88	0,93	0,84
Gross Profit Margin	76,53 %	79,42 %	84,23 %	72,55 %