MIDTNORSK OPPLÆRING AS

7320 FANNREM

Finances

Return on Equity

4,39 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 603 000	14 361 000	13 144 000	12 563 000
Net Income	256 000	429 000	286 000	−656 000
Total Assets	11 390 000	10 097 000	9 782 000	8 871 000
Total Equity	5 835 000	5 577 000	5 139 000	4 854 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 603 000	14 361 000	13 144 000	12 563 000
Expenditure	16 275 000	13 940 000	12 878 000	13 247 000
Operating Profit	327 000	422 000	266 000	−684 000
Financial Income	19 000	9 000	26 000	46 000
Financial Costs	4 000	2 000	7 000	18 000
Financial Balance	15 000	7 000	19 000	28 000
Earnings Before Tax	342 000	429 000	286 000	−656 000
Tax	86 000	0	0	0
Net Income	256 000	429 000	286 000	−656 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	152 000	313 000	290 000
Total Current Assets	11 331 000	9 945 000	9 469 000	8 581 000
Total Assets	11 390 000	10 097 000	9 782 000	8 871 000
Total Retained Equity	5 636 000	5 380 000	4 952 000	4 666 000
Total Equity	5 835 000	5 577 000	5 139 000	4 854 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 554 000	4 520 000	4 643 000	4 017 000
Total Equity and Debt	11 390 000	10 097 000	9 782 000	8 871 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 243 000	13 090 000	12 105 000	0
Other Income	1 359 000	1 271 000	1 039 000	12 563 000
Revenue	16 603 000	14 361 000	13 144 000	12 563 000
Cost of Goods Sold	9 211 000	8 318 000	7 614 000	7 613 000
Salary Costs	5 012 000	4 252 000	3 861 000	4 161 000
Depreciation	130 000	161 000	141 000	107 000
Impairment	0	0	0	0
Expenditure	16 275 000	13 940 000	12 878 000	13 247 000
Operating Profit	327 000	422 000	266 000	−684 000
Financial Income	19 000	9 000	26 000	46 000
Financial Costs	4 000	2 000	7 000	18 000
Financial Balance	15 000	7 000	19 000	28 000
Dividends	0	0	0	0
Net Income	256 000	429 000	286 000	−656 000

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	22 000	152 000	313 000	290 000
Total Tangible Assets	22 000	152 000	313 000	290 000
Total Fiancial Fixed Assets	38 000	0	0	0
Total Fixed Assets	59 000	152 000	313 000	290 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 819 000	9 348 000	9 067 000	7 851 000
Total Current Assets	11 331 000	9 945 000	9 469 000	8 581 000
Total Assets	11 390 000	10 097 000	9 782 000	8 871 000
Total Equity	5 835 000	5 577 000	5 139 000	4 854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	281 000	184 000	70 000	62 000
Unpaid Taxes	358 000	265 000	261 000	259 000
Dividends	0	0	0	0
Other Current Debt	4 829 000	4 070 000	4 313 000	3 696 000
Total Current Debt	5 554 000	4 520 000	4 643 000	4 017 000
Total Equity and Debt	11 390 000	10 097 000	9 782 000	8 871 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,39 %	7,69 %	5,57 %	−13,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,97 %	2,94 %	2,02 %	−5,44 %
Current Ratio	2,04	2,2	2,04	2,14
Quick Ratio	2,04	2,2	2,04	2,14
Equity Ratio	0,51	0,55	0,53	0,55
Gross Profit Margin	44,52 %	42,08 %	42,07 %	39,4 %