ALTA FOLKEHØGSKOLE

9518 ALTA

Finances

Share Ownership

Return on Equity

15,76 %

Current Ratio

2,06

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2020	2019	2018
Revenue	26 200 000	24 668 000	25 472 000	24 881 000
Net Income	2 306 000	1 775 000	132 000	51 000
Total Assets	29 501 000	24 090 000	22 964 000	23 598 000
Total Equity	14 630 000	11 012 000	9 237 000	9 105 000

Income (NOK)	2022	2020	2019	2018
Revenue	26 200 000	24 668 000	25 472 000	24 881 000
Expenditure	23 606 000	22 626 000	25 029 000	24 546 000
Operating Profit	2 593 000	2 042 000	443 000	334 000
Financial Income	100 000	10 000	23 000	13 000
Financial Costs	358 000	249 000	274 000	296 000
Financial Balance	−258 000	−239 000	−251 000	−283 000
Earnings Before Tax	2 336 000	1 803 000	192 000	51 000
Tax	30 000	28 000	60 000	0
Net Income	2 306 000	1 775 000	132 000	51 000

Balance (NOK)	2022	2020	2019	2018
Total Fixed Assets	21 419 000	18 966 000	20 306 000	21 993 000
Total Current Assets	8 083 000	5 124 000	2 658 000	1 605 000
Total Assets	29 501 000	24 090 000	22 964 000	23 598 000
Total Retained Equity	10 865 000	7 247 000	5 472 000	5 340 000
Total Equity	14 630 000	11 012 000	9 237 000	9 105 000
Total Long-Term Debt	10 947 000	8 582 000	9 489 000	10 397 000
Total Current Debt	3 924 000	4 496 000	4 238 000	4 096 000
Total Equity and Debt	29 501 000	24 090 000	22 964 000	23 598 000

Cash flow (NOK)	2022	2020	2019	2018
Sales Income	25 869 000	24 346 000	25 139 000	24 574 000
Other Income	331 000	322 000	333 000	307 000
Revenue	26 200 000	24 668 000	25 472 000	24 881 000
Cost of Goods Sold	2 017 000	1 439 000	1 889 000	1 963 000
Salary Costs	13 678 000	12 667 000	12 484 000	12 159 000
Depreciation	2 161 000	1 903 000	1 952 000	2 016 000
Impairment	0	0	0	0
Expenditure	23 606 000	22 626 000	25 029 000	24 546 000
Operating Profit	2 593 000	2 042 000	443 000	334 000
Financial Income	100 000	10 000	23 000	13 000
Financial Costs	358 000	249 000	274 000	296 000
Financial Balance	−258 000	−239 000	−251 000	−283 000
Dividends	0	0	0	0
Net Income	2 306 000	1 775 000	132 000	51 000

Balance details (NOK)	2022	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 428 000	17 690 000	19 235 000	20 665 000
Machinery and Plant Facilities	970 000	1 256 000	1 051 000	1 309 000
Fixtures	0	0	0	0
Total Tangible Assets	21 399 000	18 946 000	20 286 000	21 973 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	21 419 000	18 966 000	20 306 000	21 993 000
Stock	128 000	109 000	122 000	112 000
Total Investments	0	0	0	0
Cash, Bank	8 008 000	4 743 000	1 836 000	1 420 000
Total Current Assets	8 083 000	5 124 000	2 658 000	1 605 000
Total Assets	29 501 000	24 090 000	22 964 000	23 598 000
Total Equity	14 630 000	11 012 000	9 237 000	9 105 000
Short-Term Group Debt	0	0	0	2 990 000
Total Long-Term Debt	10 947 000	8 582 000	9 489 000	10 397 000
Creditors	405 000	529 000	460 000	475 000
Unpaid Taxes	655 000	461 000	538 000	631 000
Dividends	0	0	0	0
Other Current Debt	2 834 000	3 478 000	3 199 000	0
Total Current Debt	3 924 000	4 496 000	4 238 000	4 096 000
Total Equity and Debt	29 501 000	24 090 000	22 964 000	23 598 000

Financial indicators	2022	2020	2019	2018
Return on Equity	15,76 %	16,12 %	1,43 %	0,56 %
Debt-to-Equity Ratio	0,75	0,78	1,03	1,14
Operating Profit Margin	9,9 %	8,28 %	1,74 %	1,34 %
Current Ratio	2,06	1,14	0,63	0,39
Quick Ratio	2,13	1,17	0,65	0,4
Equity Ratio	0,5	0,46	0,4	0,39
Gross Profit Margin	92,3 %	94,17 %	92,58 %	92,11 %