INSTITUTE FOR LEARNING ORGANIZATIONS AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

50,21 %

Current Ratio

2,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	902 000	224 000	664 000	987 000
Net Income	239 000	−52 000	−17 000	243 000
Total Assets	688 000	550 000	570 000	556 000
Total Equity	476 000	237 000	289 000	307 000

Income (NOK)	2022	2021	2020	2019
Revenue	902 000	224 000	664 000	987 000
Expenditure	682 000	357 000	669 000	731 000
Operating Profit	219 000	−133 000	−6 000	255 000
Financial Income	0	0	0	0
Financial Costs	9 000	16 000	11 000	12 000
Financial Balance	−9 000	−16 000	−11 000	−12 000
Earnings Before Tax	210 000	−148 000	−17 000	243 000
Tax	−30 000	−96 000	0	0
Net Income	239 000	−52 000	−17 000	243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	124 000	192 000	260 000
Total Current Assets	630 000	426 000	377 000	296 000
Total Assets	688 000	550 000	570 000	556 000
Total Retained Equity	426 000	187 000	239 000	257 000
Total Equity	476 000	237 000	289 000	307 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	212 000	314 000	280 000	249 000
Total Equity and Debt	688 000	550 000	570 000	556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	902 000	184 000	664 000	987 000
Other Income	0	40 000	0	0
Revenue	902 000	224 000	664 000	987 000
Cost of Goods Sold	52 000	−57 000	−240 000	8 000
Salary Costs	233 000	169 000	549 000	366 000
Depreciation	66 000	68 000	68 000	59 000
Impairment	0	0	0	0
Expenditure	682 000	357 000	669 000	731 000
Operating Profit	219 000	−133 000	−6 000	255 000
Financial Income	0	0	0	0
Financial Costs	9 000	16 000	11 000	12 000
Financial Balance	−9 000	−16 000	−11 000	−12 000
Dividends	0	0	0	0
Net Income	239 000	−52 000	−17 000	243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	115 000	173 000	231 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	9 000	19 000	29 000
Total Tangible Assets	0	9 000	19 000	29 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	58 000	124 000	192 000	260 000
Stock	406 000	406 000	301 000	28 000
Total Investments	0	0	0	0
Cash, Bank	15 000	0	20 000	22 000
Total Current Assets	630 000	426 000	377 000	296 000
Total Assets	688 000	550 000	570 000	556 000
Total Equity	476 000	237 000	289 000	307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	47 000	103 000	58 000	0
Unpaid Taxes	58 000	18 000	107 000	114 000
Dividends	0	0	0	0
Other Current Debt	65 000	87 000	81 000	34 000
Total Current Debt	212 000	314 000	280 000	249 000
Total Equity and Debt	688 000	550 000	570 000	556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,21 %	−21,94 %	−5,88 %	79,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,28 %	−59,38 %	−0,9 %	25,84 %
Current Ratio	2,97	1,36	1,35	1,19
Quick Ratio	−3,25	−4,63	−17,95	1,34
Equity Ratio	0,69	0,43	0,51	0,55
Gross Profit Margin	94,24 %	125,45 %	136,14 %	99,19 %