THORBJØRNSENS KJØRESKOLE AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

−27,89 %

Current Ratio

0,64

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 007 000	1 095 000	1 208 000	1 377 000
Net Income	−53 000	42 000	53 000	87 000
Total Assets	464 000	416 000	521 000	719 000
Total Equity	190 000	243 000	201 000	148 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 007 000	1 095 000	1 208 000	1 377 000
Expenditure	1 053 000	1 012 000	1 108 000	1 230 000
Operating Profit	−46 000	83 000	100 000	149 000
Financial Income	0	0	0	0
Financial Costs	7 000	6 000	14 000	18 000
Financial Balance	−7 000	−6 000	−14 000	−18 000
Earnings Before Tax	−53 000	77 000	86 000	130 000
Tax	0	35 000	34 000	43 000
Net Income	−53 000	42 000	53 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	359 000	264 000	407 000	550 000
Total Current Assets	105 000	152 000	114 000	169 000
Total Assets	464 000	416 000	521 000	719 000
Total Retained Equity	90 000	143 000	101 000	48 000
Total Equity	190 000	243 000	201 000	148 000
Total Long-Term Debt	110 000	35 000	171 000	301 000
Total Current Debt	164 000	139 000	149 000	270 000
Total Equity and Debt	464 000	416 000	521 000	719 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 007 000	1 095 000	1 208 000	1 377 000
Other Income	0	0	0	0
Revenue	1 007 000	1 095 000	1 208 000	1 377 000
Cost of Goods Sold	0	0	0	0
Salary Costs	349 000	384 000	410 000	528 000
Depreciation	82 000	143 000	143 000	155 000
Impairment	0	0	0	0
Expenditure	1 053 000	1 012 000	1 108 000	1 230 000
Operating Profit	−46 000	83 000	100 000	149 000
Financial Income	0	0	0	0
Financial Costs	7 000	6 000	14 000	18 000
Financial Balance	−7 000	−6 000	−14 000	−18 000
Dividends	0	0	0	77 000
Net Income	−53 000	42 000	53 000	87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	224 000	240 000	256 000	272 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	135 000	24 000	151 000	278 000
Total Tangible Assets	359 000	264 000	407 000	550 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	359 000	264 000	407 000	550 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	50 000	13 000	13 000
Total Current Assets	105 000	152 000	114 000	169 000
Total Assets	464 000	416 000	521 000	719 000
Total Equity	190 000	243 000	201 000	148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	110 000	35 000	171 000	301 000
Creditors	14 000	0	2 000	36 000
Unpaid Taxes	13 000	32 000	29 000	49 000
Dividends	0	0	0	77 000
Other Current Debt	67 000	72 000	65 000	65 000
Total Current Debt	164 000	139 000	149 000	270 000
Total Equity and Debt	464 000	416 000	521 000	719 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,89 %	17,28 %	26,37 %	58,78 %
Debt-to-Equity Ratio	0,58	0,14	0,85	2,03
Operating Profit Margin	−4,57 %	7,58 %	8,28 %	10,82 %
Current Ratio	0,64	1,09	0,77	0,63
Quick Ratio	0,64	1,09	0,77	0,63
Equity Ratio	0,41	0,58	0,39	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %