AKADEMIET VGS MØRE AS

6004 ÅLESUND

Finances

Share Ownership

Return on Equity

83,91 %

Current Ratio

3,32

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 212 000	2 990 000	3 140 000	4 690 000
Net Income	704 000	641 000	508 000	139 000
Total Assets	1 235 000	952 000	559 000	1 005 000
Total Equity	839 000	135 000	−506 000	−2 101 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 212 000	2 990 000	3 140 000	4 690 000
Expenditure	2 507 000	2 353 000	2 625 000	4 499 000
Operating Profit	705 000	637 000	514 000	191 000
Financial Income	1 000	6 000	0	2 000
Financial Costs	2 000	2 000	6 000	53 000
Financial Balance	−1 000	4 000	−6 000	−51 000
Earnings Before Tax	704 000	641 000	508 000	139 000
Tax	0	0	0	0
Net Income	704 000	641 000	508 000	139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	57 000	68 000	143 000
Total Current Assets	1 065 000	895 000	491 000	863 000
Total Assets	1 235 000	952 000	559 000	1 005 000
Total Retained Equity	539 000	−165 000	−806 000	−2 401 000
Total Equity	839 000	135 000	−506 000	−2 101 000
Total Long-Term Debt	75 000	500 000	801 000	2 156 000
Total Current Debt	321 000	318 000	264 000	950 000
Total Equity and Debt	1 235 000	952 000	559 000	1 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 209 000	2 984 000	3 143 000	810 000
Other Income	3 000	6 000	−4 000	3 881 000
Revenue	3 212 000	2 990 000	3 140 000	4 690 000
Cost of Goods Sold	0	20 000	64 000	112 000
Salary Costs	1 702 000	1 545 000	1 436 000	2 300 000
Depreciation	19 000	19 000	68 000	181 000
Impairment	0	0	0	0
Expenditure	2 507 000	2 353 000	2 625 000	4 499 000
Operating Profit	705 000	637 000	514 000	191 000
Financial Income	1 000	6 000	0	2 000
Financial Costs	2 000	2 000	6 000	53 000
Financial Balance	−1 000	4 000	−6 000	−51 000
Dividends	0	0	0	0
Net Income	704 000	641 000	508 000	139 000

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	120 000	7 000	18 000	86 000
Total Tangible Assets	120 000	7 000	18 000	86 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	56 000
Total Fixed Assets	170 000	57 000	68 000	143 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	997 000	828 000	444 000	257 000
Total Current Assets	1 065 000	895 000	491 000	863 000
Total Assets	1 235 000	952 000	559 000	1 005 000
Total Equity	839 000	135 000	−506 000	−2 101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	500 000	801 000	2 156 000
Creditors	56 000	63 000	57 000	678 000
Unpaid Taxes	86 000	100 000	69 000	75 000
Dividends	0	0	0	0
Other Current Debt	179 000	155 000	137 000	197 000
Total Current Debt	321 000	318 000	264 000	950 000
Total Equity and Debt	1 235 000	952 000	559 000	1 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,91 %	474,81 %	−100,4 %	−6,62 %
Debt-to-Equity Ratio	0,09	3,7	−1,58	−1,03
Operating Profit Margin	21,95 %	21,3 %	16,37 %	4,07 %
Current Ratio	3,32	2,81	1,86	0,91
Quick Ratio	3,32	2,81	1,86	0,91
Equity Ratio	0,68	0,14	−0,91	−2,09
Gross Profit Margin	100 %	99,33 %	97,96 %	97,61 %