VATNELI SKOLE ADVENTISTKIRKENS GRUNNSKOLE

4309 SANDNES

Finances

Share Ownership

Return on Equity

−13,45 %

Current Ratio

3,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 890 000	14 749 000	14 635 000	12 880 000
Net Income	−818 000	−366 000	1 471 000	−77 000
Total Assets	8 397 000	9 278 000	9 784 000	7 984 000
Total Equity	6 080 000	6 898 000	7 265 000	5 793 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 890 000	14 749 000	14 635 000	12 880 000
Expenditure	15 785 000	15 131 000	13 193 000	13 000 000
Operating Profit	−896 000	−383 000	1 442 000	−119 000
Financial Income	78 000	16 000	29 000	43 000
Financial Costs	0	0	0	1 000
Financial Balance	78 000	16 000	29 000	42 000
Earnings Before Tax	−818 000	−366 000	1 471 000	−77 000
Tax	0	0	0	0
Net Income	−818 000	−366 000	1 471 000	−77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 109 000	1 441 000	1 464 000	900 000
Total Current Assets	7 288 000	7 837 000	8 320 000	7 084 000
Total Assets	8 397 000	9 278 000	9 784 000	7 984 000
Total Retained Equity	6 080 000	6 898 000	7 265 000	5 793 000
Total Equity	6 080 000	6 898 000	7 265 000	5 793 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 317 000	2 379 000	2 520 000	2 191 000
Total Equity and Debt	8 397 000	9 278 000	9 784 000	7 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	165 000	136 000	103 000	129 000
Other Income	14 725 000	14 613 000	14 533 000	12 752 000
Revenue	14 890 000	14 749 000	14 635 000	12 880 000
Cost of Goods Sold	898 000	846 000	463 000	638 000
Salary Costs	12 095 000	11 260 000	10 121 000	10 067 000
Depreciation	331 000	372 000	271 000	282 000
Impairment	0	0	0	0
Expenditure	15 785 000	15 131 000	13 193 000	13 000 000
Operating Profit	−896 000	−383 000	1 442 000	−119 000
Financial Income	78 000	16 000	29 000	43 000
Financial Costs	0	0	0	1 000
Financial Balance	78 000	16 000	29 000	42 000
Dividends	0	0	0	0
Net Income	−818 000	−366 000	1 471 000	−77 000

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	1 109 000	1 441 000	1 464 000	900 000
Total Tangible Assets	1 109 000	1 441 000	1 464 000	900 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 109 000	1 441 000	1 464 000	900 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 872 000	7 479 000	7 702 000	5 658 000
Total Current Assets	7 288 000	7 837 000	8 320 000	7 084 000
Total Assets	8 397 000	9 278 000	9 784 000	7 984 000
Total Equity	6 080 000	6 898 000	7 265 000	5 793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	433 000	601 000	879 000	647 000
Unpaid Taxes	771 000	767 000	728 000	651 000
Dividends	0	0	0	0
Other Current Debt	1 113 000	1 012 000	912 000	892 000
Total Current Debt	2 317 000	2 379 000	2 520 000	2 191 000
Total Equity and Debt	8 397 000	9 278 000	9 784 000	7 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,45 %	−5,31 %	20,25 %	−1,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,02 %	−2,6 %	9,85 %	−0,92 %
Current Ratio	3,15	3,29	3,3	3,23
Quick Ratio	3,15	3,29	3,3	3,23
Equity Ratio	0,72	0,74	0,74	0,73
Gross Profit Margin	93,97 %	94,26 %	96,84 %	95,05 %