HADELAND FOLKEHØGSKOLE SA

2760 BRANDBU

Finances

Share Ownership

Return on Equity

10,4 %

Current Ratio

2,27

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 548 000	17 401 000	19 485 000	20 167 000
Net Income	1 310 000	582 000	3 836 000	1 587 000
Total Assets	19 695 000	18 640 000	17 819 000	14 988 000
Total Equity	12 602 000	11 292 000	10 710 000	6 874 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 548 000	17 401 000	19 485 000	20 167 000
Expenditure	18 099 000	16 701 000	15 462 000	18 415 000
Operating Profit	1 448 000	699 000	4 022 000	1 752 000
Financial Income	0	8 000	6 000	3 000
Financial Costs	138 000	125 000	193 000	167 000
Financial Balance	−138 000	−117 000	−187 000	−164 000
Earnings Before Tax	1 310 000	582 000	3 836 000	1 587 000
Tax	0	0	0	0
Net Income	1 310 000	582 000	3 836 000	1 587 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 330 000	11 951 000	12 864 000	9 638 000
Total Current Assets	8 365 000	6 689 000	4 955 000	5 350 000
Total Assets	19 695 000	18 640 000	17 819 000	14 988 000
Total Retained Equity	12 280 000	10 970 000	10 387 000	6 552 000
Total Equity	12 602 000	11 292 000	10 710 000	6 874 000
Total Long-Term Debt	3 407 000	3 772 000	4 137 000	4 502 000
Total Current Debt	3 685 000	3 575 000	2 972 000	3 611 000
Total Equity and Debt	19 695 000	18 640 000	17 819 000	14 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 848 000	7 075 000	9 928 000	10 664 000
Other Income	10 699 000	10 326 000	9 557 000	9 503 000
Revenue	19 548 000	17 401 000	19 485 000	20 167 000
Cost of Goods Sold	1 327 000	1 166 000	1 057 000	0
Salary Costs	10 257 000	10 540 000	10 496 000	10 493 000
Depreciation	866 000	965 000	684 000	434 000
Impairment	0	0	0	0
Expenditure	18 099 000	16 701 000	15 462 000	18 415 000
Operating Profit	1 448 000	699 000	4 022 000	1 752 000
Financial Income	0	8 000	6 000	3 000
Financial Costs	138 000	125 000	193 000	167 000
Financial Balance	−138 000	−117 000	−187 000	−164 000
Dividends	0	0	0	0
Net Income	1 310 000	582 000	3 836 000	1 587 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 792 000	11 425 000	12 246 000	8 912 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	533 000	521 000	612 000	720 000
Total Tangible Assets	11 325 000	11 946 000	12 859 000	9 633 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	11 330 000	11 951 000	12 864 000	9 638 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 258 000	6 143 000	4 476 000	4 268 000
Total Current Assets	8 365 000	6 689 000	4 955 000	5 350 000
Total Assets	19 695 000	18 640 000	17 819 000	14 988 000
Total Equity	12 602 000	11 292 000	10 710 000	6 874 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 407 000	3 772 000	4 137 000	4 502 000
Creditors	528 000	546 000	472 000	782 000
Unpaid Taxes	712 000	730 000	696 000	699 000
Dividends	0	0	0	0
Other Current Debt	2 445 000	2 299 000	1 804 000	2 130 000
Total Current Debt	3 685 000	3 575 000	2 972 000	3 611 000
Total Equity and Debt	19 695 000	18 640 000	17 819 000	14 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,4 %	5,15 %	35,82 %	23,09 %
Debt-to-Equity Ratio	0,27	0,33	0,39	0,65
Operating Profit Margin	7,41 %	4,02 %	20,64 %	8,69 %
Current Ratio	2,27	1,87	1,67	1,48
Quick Ratio	2,27	1,87	1,67	1,48
Equity Ratio	0,64	0,61	0,6	0,46
Gross Profit Margin	93,21 %	93,3 %	94,58 %	100 %