MUSIKKFOLKEHØGSKOLEN VIKEN

2816 GJØVIK

Finances

Share Ownership

Return on Equity

0,28 %

Current Ratio

0,44

Debt-to-Equity Ratio

1,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 560 000	31 999 000	28 220 000	27 284 000
Net Income	88 000	794 000	510 000	−1 083 000
Total Assets	71 846 000	74 036 000	75 644 000	78 197 000
Total Equity	31 788 000	31 700 000	30 906 000	30 396 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 560 000	31 999 000	28 220 000	27 284 000
Expenditure	31 251 000	30 064 000	26 448 000	26 971 000
Operating Profit	1 309 000	1 936 000	1 772 000	312 000
Financial Income	40 000	2 000	15 000	9 000
Financial Costs	1 262 000	1 143 000	1 277 000	1 404 000
Financial Balance	−1 222 000	−1 141 000	−1 262 000	−1 395 000
Earnings Before Tax	88 000	794 000	510 000	−1 083 000
Tax	0	0	0	0
Net Income	88 000	794 000	510 000	−1 083 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 448 000	70 384 000	73 301 000	76 101 000
Total Current Assets	2 398 000	3 652 000	2 343 000	2 096 000
Total Assets	71 846 000	74 036 000	75 644 000	78 197 000
Total Retained Equity	26 788 000	26 700 000	25 906 000	25 396 000
Total Equity	31 788 000	31 700 000	30 906 000	30 396 000
Total Long-Term Debt	34 586 000	37 038 000	39 491 000	41 943 000
Total Current Debt	5 472 000	5 297 000	5 247 000	5 857 000
Total Equity and Debt	71 846 000	74 036 000	75 644 000	78 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 867 000	31 999 000	28 220 000	27 284 000
Other Income	14 693 000	0	0	0
Revenue	32 560 000	31 999 000	28 220 000	27 284 000
Cost of Goods Sold	1 631 000	0	0	0
Salary Costs	18 517 000	16 916 000	15 062 000	16 448 000
Depreciation	2 995 000	3 139 000	2 800 000	2 806 000
Impairment	0	0	0	0
Expenditure	31 251 000	30 064 000	26 448 000	26 971 000
Operating Profit	1 309 000	1 936 000	1 772 000	312 000
Financial Income	40 000	2 000	15 000	9 000
Financial Costs	1 262 000	1 143 000	1 277 000	1 404 000
Financial Balance	−1 222 000	−1 141 000	−1 262 000	−1 395 000
Dividends	0	0	0	0
Net Income	88 000	794 000	510 000	−1 083 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	67 010 000	69 165 000	71 293 000	73 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 360 000	1 141 000	1 929 000	2 572 000
Total Tangible Assets	69 370 000	70 305 000	73 223 000	76 023 000
Total Fiancial Fixed Assets	78 000	78 000	78 000	78 000
Total Fixed Assets	69 448 000	70 384 000	73 301 000	76 101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	637 000	3 324 000	1 749 000	619 000
Total Current Assets	2 398 000	3 652 000	2 343 000	2 096 000
Total Assets	71 846 000	74 036 000	75 644 000	78 197 000
Total Equity	31 788 000	31 700 000	30 906 000	30 396 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 586 000	37 038 000	39 491 000	41 943 000
Creditors	1 535 000	841 000	850 000	643 000
Unpaid Taxes	1 121 000	1 141 000	1 059 000	1 032 000
Dividends	0	0	0	0
Other Current Debt	2 817 000	3 316 000	3 338 000	4 182 000
Total Current Debt	5 472 000	5 297 000	5 247 000	5 857 000
Total Equity and Debt	71 846 000	74 036 000	75 644 000	78 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,28 %	2,5 %	1,65 %	−3,56 %
Debt-to-Equity Ratio	1,09	1,17	1,28	1,38
Operating Profit Margin	4,02 %	6,05 %	6,28 %	1,14 %
Current Ratio	0,44	0,69	0,45	0,36
Quick Ratio	0,44	0,69	0,45	0,36
Equity Ratio	0,44	0,43	0,41	0,39
Gross Profit Margin	94,99 %	100 %	100 %	100 %