STIFTELSEN DEN REISENDE HØGSKOLE

2120 SAGSTUA

Finances

Share Ownership

Return on Equity

−63,91 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 490 000	9 722 000	11 893 000	15 685 000
Net Income	958 000	−1 334 000	1 000	2 139 000
Total Assets	2 099 000	2 765 000	3 445 000	2 559 000
Total Equity	−1 499 000	−2 457 000	−1 122 000	−1 123 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 490 000	9 722 000	11 893 000	15 685 000
Expenditure	10 067 000	10 951 000	11 757 000	13 387 000
Operating Profit	1 423 000	−1 229 000	136 000	2 298 000
Financial Income	−221 000	117 000	−61 000	−46 000
Financial Costs	244 000	222 000	74 000	113 000
Financial Balance	−465 000	−105 000	−135 000	−159 000
Earnings Before Tax	958 000	−1 334 000	1 000	2 139 000
Tax	0	0	0	0
Net Income	958 000	−1 334 000	1 000	2 139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	650 000	951 000	911 000	760 000
Total Current Assets	1 449 000	1 814 000	2 534 000	1 799 000
Total Assets	2 099 000	2 765 000	3 445 000	2 559 000
Total Retained Equity	−1 527 000	−2 485 000	−1 151 000	−1 151 000
Total Equity	−1 499 000	−2 457 000	−1 122 000	−1 123 000
Total Long-Term Debt	1 211 000	1 440 000	1 220 000	1 087 000
Total Current Debt	2 387 000	3 781 000	3 347 000	2 596 000
Total Equity and Debt	2 099 000	2 765 000	3 445 000	2 559 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 350 000	9 714 000	11 377 000	15 666 000
Other Income	140 000	8 000	516 000	19 000
Revenue	11 490 000	9 722 000	11 893 000	15 685 000
Cost of Goods Sold	453 000	213 000	150 000	1 000
Salary Costs	4 462 000	3 813 000	3 252 000	3 972 000
Depreciation	225 000	284 000	363 000	307 000
Impairment	0	0	0	0
Expenditure	10 067 000	10 951 000	11 757 000	13 387 000
Operating Profit	1 423 000	−1 229 000	136 000	2 298 000
Financial Income	−221 000	117 000	−61 000	−46 000
Financial Costs	244 000	222 000	74 000	113 000
Financial Balance	−465 000	−105 000	−135 000	−159 000
Dividends	0	0	0	0
Net Income	958 000	−1 334 000	1 000	2 139 000

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	511 000	768 000	783 000	632 000
Total Tangible Assets	511 000	768 000	783 000	632 000
Total Fiancial Fixed Assets	139 000	183 000	128 000	128 000
Total Fixed Assets	650 000	951 000	911 000	760 000
Stock	0	298 000	233 000	400 000
Total Investments	0	0	0	0
Cash, Bank	729 000	1 009 000	1 699 000	944 000
Total Current Assets	1 449 000	1 814 000	2 534 000	1 799 000
Total Assets	2 099 000	2 765 000	3 445 000	2 559 000
Total Equity	−1 499 000	−2 457 000	−1 122 000	−1 123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 211 000	1 440 000	1 220 000	1 087 000
Creditors	438 000	864 000	391 000	286 000
Unpaid Taxes	208 000	187 000	195 000	270 000
Dividends	0	0	0	0
Other Current Debt	1 741 000	2 729 000	2 761 000	2 040 000
Total Current Debt	2 387 000	3 781 000	3 347 000	2 596 000
Total Equity and Debt	2 099 000	2 765 000	3 445 000	2 559 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,91 %	54,29 %	−0,09 %	−190,47 %
Debt-to-Equity Ratio	−0,81	−0,59	−1,09	−0,97
Operating Profit Margin	12,38 %	−12,64 %	1,14 %	14,65 %
Current Ratio	0,61	0,48	0,76	0,69
Quick Ratio	0,61	0,52	0,81	0,82
Equity Ratio	−0,71	−0,89	−0,33	−0,44
Gross Profit Margin	96,06 %	97,81 %	98,74 %	99,99 %