OFOTEN FLERFAGLIGE OPPLÆRINGSKONTOR (OFO)

8514 NARVIK

Finances

Share Ownership

Return on Equity

4,11 %

Current Ratio

4,9

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 677 000	14 545 000	13 646 000	13 297 000
Net Income	645 000	1 398 000	915 000	1 940 000
Total Assets	21 686 000	21 706 000	20 807 000	19 100 000
Total Equity	15 708 000	15 063 000	13 665 000	12 749 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 677 000	14 545 000	13 646 000	13 297 000
Expenditure	13 175 000	13 206 000	12 857 000	11 557 000
Operating Profit	503 000	1 339 000	789 000	1 740 000
Financial Income	143 000	59 000	126 000	201 000
Financial Costs	0	0	0	0
Financial Balance	143 000	59 000	126 000	201 000
Earnings Before Tax	645 000	1 398 000	915 000	1 940 000
Tax	0	0	0	0
Net Income	645 000	1 398 000	915 000	1 940 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	181 000	235 000	319 000	389 000
Total Current Assets	21 505 000	21 471 000	20 488 000	18 710 000
Total Assets	21 686 000	21 706 000	20 807 000	19 100 000
Total Retained Equity	12 779 000	12 133 000	10 735 000	9 820 000
Total Equity	15 708 000	15 063 000	13 665 000	12 749 000
Total Long-Term Debt	1 589 000	1 855 000	1 944 000	2 097 000
Total Current Debt	4 389 000	4 788 000	5 199 000	4 253 000
Total Equity and Debt	21 686 000	21 706 000	20 807 000	19 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	1 258 000	764 000	631 000
Other Income	13 663 000	13 287 000	12 882 000	12 666 000
Revenue	13 677 000	14 545 000	13 646 000	13 297 000
Cost of Goods Sold	7 726 000	8 372 000	8 187 000	7 611 000
Salary Costs	3 714 000	3 403 000	3 336 000	2 257 000
Depreciation	87 000	103 000	114 000	113 000
Impairment	0	0	0	0
Expenditure	13 175 000	13 206 000	12 857 000	11 557 000
Operating Profit	503 000	1 339 000	789 000	1 740 000
Financial Income	143 000	59 000	126 000	201 000
Financial Costs	0	0	0	0
Financial Balance	143 000	59 000	126 000	201 000
Dividends	0	0	0	0
Net Income	645 000	1 398 000	915 000	1 940 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	181 000	235 000	319 000	389 000
Total Tangible Assets	181 000	235 000	319 000	389 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	181 000	235 000	319 000	389 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 349 000	20 247 000	19 866 000	18 124 000
Total Current Assets	21 505 000	21 471 000	20 488 000	18 710 000
Total Assets	21 686 000	21 706 000	20 807 000	19 100 000
Total Equity	15 708 000	15 063 000	13 665 000	12 749 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 589 000	1 855 000	1 944 000	2 097 000
Creditors	47 000	136 000	93 000	103 000
Unpaid Taxes	135 000	143 000	137 000	146 000
Dividends	0	0	0	0
Other Current Debt	4 208 000	4 509 000	4 970 000	4 004 000
Total Current Debt	4 389 000	4 788 000	5 199 000	4 253 000
Total Equity and Debt	21 686 000	21 706 000	20 807 000	19 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,11 %	9,28 %	6,7 %	15,22 %
Debt-to-Equity Ratio	0,1	0,12	0,14	0,16
Operating Profit Margin	3,68 %	9,21 %	5,78 %	13,09 %
Current Ratio	4,9	4,48	3,94	4,4
Quick Ratio	4,9	4,48	3,94	4,4
Equity Ratio	0,72	0,69	0,66	0,67
Gross Profit Margin	43,51 %	42,44 %	40 %	42,76 %