ÅLESUND FOLKEHØGSKOLE

6012 ÅLESUND

Finances

Share Ownership

Return on Equity

−45,26 %

Current Ratio

1,07

Debt-to-Equity Ratio

2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 965 000	26 495 000	28 536 000	29 782 000
Net Income	−4 381 000	−1 473 000	1 061 000	−224 000
Total Assets	37 222 000	40 288 000	44 383 000	45 705 000
Total Equity	9 680 000	10 974 000	10 373 000	9 142 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 965 000	26 495 000	28 536 000	29 782 000
Expenditure	27 584 000	27 364 000	26 695 000	29 015 000
Operating Profit	−3 619 000	−870 000	1 841 000	766 000
Financial Income	68 000	2 000	18 000	57 000
Financial Costs	830 000	605 000	798 000	1 047 000
Financial Balance	−762 000	−603 000	−780 000	−990 000
Earnings Before Tax	−4 381 000	−1 473 000	1 061 000	−224 000
Tax	0	0	0	0
Net Income	−4 381 000	−1 473 000	1 061 000	−224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	31 722 000	33 451 000	36 169 000	38 562 000
Total Current Assets	5 499 000	6 837 000	8 214 000	7 143 000
Total Assets	37 222 000	40 288 000	44 383 000	45 705 000
Total Retained Equity	9 680 000	10 974 000	10 373 000	9 142 000
Total Equity	9 680 000	10 974 000	10 373 000	9 142 000
Total Long-Term Debt	22 416 000	24 429 000	26 442 000	30 955 000
Total Current Debt	5 125 000	4 884 000	7 567 000	5 608 000
Total Equity and Debt	37 222 000	40 288 000	44 383 000	45 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	23 965 000	26 495 000	28 536 000	29 782 000
Revenue	23 965 000	26 495 000	28 536 000	29 782 000
Cost of Goods Sold	1 329 000	0	0	0
Salary Costs	18 411 000	18 493 000	17 575 000	18 613 000
Depreciation	2 593 000	2 751 000	2 895 000	2 851 000
Impairment	0	0	0	0
Expenditure	27 584 000	27 364 000	26 695 000	29 015 000
Operating Profit	−3 619 000	−870 000	1 841 000	766 000
Financial Income	68 000	2 000	18 000	57 000
Financial Costs	830 000	605 000	798 000	1 047 000
Financial Balance	−762 000	−603 000	−780 000	−990 000
Dividends	0	0	0	0
Net Income	−4 381 000	−1 473 000	1 061 000	−224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	30 612 000	32 635 000	34 917 000	36 828 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 109 000	815 000	1 251 000	1 734 000
Total Tangible Assets	31 721 000	33 450 000	36 168 000	38 561 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	31 722 000	33 451 000	36 169 000	38 562 000
Stock	148 000	228 000	181 000	123 000
Total Investments	0	0	0	0
Cash, Bank	3 311 000	5 686 000	7 337 000	4 507 000
Total Current Assets	5 499 000	6 837 000	8 214 000	7 143 000
Total Assets	37 222 000	40 288 000	44 383 000	45 705 000
Total Equity	9 680 000	10 974 000	10 373 000	9 142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 416 000	24 429 000	26 442 000	30 955 000
Creditors	1 475 000	807 000	867 000	1 282 000
Unpaid Taxes	1 072 000	1 215 000	1 129 000	1 171 000
Dividends	0	0	0	0
Other Current Debt	2 579 000	2 863 000	5 572 000	3 156 000
Total Current Debt	5 125 000	4 884 000	7 567 000	5 608 000
Total Equity and Debt	37 222 000	40 288 000	44 383 000	45 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,26 %	−13,42 %	10,23 %	−2,45 %
Debt-to-Equity Ratio	2,32	2,23	2,55	3,39
Operating Profit Margin	−15,1 %	−3,28 %	6,45 %	2,57 %
Current Ratio	1,07	1,4	1,09	1,27
Quick Ratio	1,1	1,47	1,11	1,3
Equity Ratio	0,26	0,27	0,23	0,2
Gross Profit Margin	94,45 %	100 %	100 %	100 %