NORDVESTLANDET FOLKEHØGSKOLE SA

6639 TORVIKBUKT

Finances

Share Ownership

Return on Equity

3,82 %

Current Ratio

0,8

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2014	2013	2012
Revenue	19 035 000	20 039 000	20 689 000
Net Income	324 000	373 000	619 000
Total Assets	24 210 000	24 887 000	19 947 000
Total Equity	8 474 000	8 150 000	7 777 000

Income (NOK)	2014	2013	2012
Revenue	19 035 000	20 039 000	20 689 000
Expenditure	18 299 000	19 321 000	19 682 000
Operating Profit	736 000	719 000	1 007 000
Financial Income	52 000	47 000	61 000
Financial Costs	464 000	393 000	449 000
Financial Balance	−412 000	−346 000	−388 000
Earnings Before Tax	324 000	373 000	619 000
Tax	0	0	0
Net Income	324 000	373 000	619 000

Balance (NOK)	2014	2013	2012
Total Fixed Assets	20 078 000	21 212 000	16 031 000
Total Current Assets	4 133 000	3 675 000	3 916 000
Total Assets	24 210 000	24 887 000	19 947 000
Total Retained Equity	8 474 000	8 150 000	7 777 000
Total Equity	8 474 000	8 150 000	7 777 000
Total Long-Term Debt	10 579 000	14 210 000	9 296 000
Total Current Debt	5 158 000	2 527 000	2 874 000
Total Equity and Debt	24 210 000	24 887 000	19 947 000

Cash flow (NOK)	2014	2013	2012
Sales Income	8 634 000	9 650 000	10 641 000
Other Income	10 402 000	10 388 000	10 048 000
Revenue	19 035 000	20 039 000	20 689 000
Cost of Goods Sold	0	0	0
Salary Costs	9 349 000	9 654 000	9 399 000
Depreciation	1 221 000	1 110 000	1 037 000
Impairment	0	0	0
Expenditure	18 299 000	19 321 000	19 682 000
Operating Profit	736 000	719 000	1 007 000
Financial Income	52 000	47 000	61 000
Financial Costs	464 000	393 000	449 000
Financial Balance	−412 000	−346 000	−388 000
Dividends	0	0	0
Net Income	324 000	373 000	619 000

Balance details (NOK)	2014	2013	2012
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	19 054 000	20 015 000	14 544 000
Machinery and Plant Facilities	0	0	0
Fixtures	1 024 000	1 197 000	1 487 000
Total Tangible Assets	20 078 000	21 212 000	16 031 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	20 078 000	21 212 000	16 031 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	3 342 000	2 738 000	3 135 000
Total Current Assets	4 133 000	3 675 000	3 916 000
Total Assets	24 210 000	24 887 000	19 947 000
Total Equity	8 474 000	8 150 000	7 777 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	10 579 000	14 210 000	9 296 000
Creditors	902 000	829 000	1 011 000
Unpaid Taxes	320 000	527 000	582 000
Dividends	0	0	0
Other Current Debt	1 041 000	1 171 000	1 281 000
Total Current Debt	5 158 000	2 527 000	2 874 000
Total Equity and Debt	24 210 000	24 887 000	19 947 000

Financial indicators	2014	2013	2012
Return on Equity	3,82 %	4,58 %	7,96 %
Debt-to-Equity Ratio	1,25	1,74	1,2
Operating Profit Margin	3,87 %	3,59 %	4,87 %
Current Ratio	0,8	1,45	1,36
Quick Ratio	0,8	1,45	1,36
Equity Ratio	0,35	0,33	0,39
Gross Profit Margin	100 %	100 %	100 %