FINSÅS KURSSENTER AS

7760 SNÅSA

Finances

Share Ownership

Return on Equity

−13,98 %

Current Ratio

9,29

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 243 000	1 735 000	2 606 000	1 445 000
Net Income	−620 000	−468 000	285 000	−596 000
Total Assets	4 799 000	5 071 000	5 483 000	4 982 000
Total Equity	4 434 000	4 668 000	4 758 000	4 307 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 243 000	1 735 000	2 606 000	1 445 000
Expenditure	2 076 000	2 366 000	2 270 000	2 229 000
Operating Profit	−833 000	−632 000	336 000	−783 000
Financial Income	39 000	38 000	37 000	34 000
Financial Costs	1 000	5 000	8 000	8 000
Financial Balance	38 000	33 000	29 000	26 000
Earnings Before Tax	−795 000	−599 000	366 000	−757 000
Tax	−175 000	−132 000	81 000	−161 000
Net Income	−620 000	−468 000	285 000	−596 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 689 000	3 001 000	3 699 000	4 221 000
Total Current Assets	2 109 000	2 070 000	1 784 000	761 000
Total Assets	4 799 000	5 071 000	5 483 000	4 982 000
Total Retained Equity	897 000	1 517 000	1 985 000	1 699 000
Total Equity	4 434 000	4 668 000	4 758 000	4 307 000
Total Long-Term Debt	137 000	246 000	356 000	465 000
Total Current Debt	227 000	157 000	369 000	210 000
Total Equity and Debt	4 799 000	5 071 000	5 483 000	4 982 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 243 000	1 735 000	1 306 000	1 445 000
Other Income	0	0	1 300 000	0
Revenue	1 243 000	1 735 000	2 606 000	1 445 000
Cost of Goods Sold	81 000	131 000	171 000	195 000
Salary Costs	440 000	416 000	486 000	614 000
Depreciation	350 000	355 000	367 000	370 000
Impairment	0	0	0	0
Expenditure	2 076 000	2 366 000	2 270 000	2 229 000
Operating Profit	−833 000	−632 000	336 000	−783 000
Financial Income	39 000	38 000	37 000	34 000
Financial Costs	1 000	5 000	8 000	8 000
Financial Balance	38 000	33 000	29 000	26 000
Dividends	0	0	0	0
Net Income	−620 000	−468 000	285 000	−596 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	256 000	190 000	505 000	642 000
Real Eastate	2 373 000	2 731 000	3 087 000	3 445 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	78 000	104 000	131 000
Total Tangible Assets	2 430 000	2 808 000	3 191 000	3 576 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	2 689 000	3 001 000	3 699 000	4 221 000
Stock	61 000	47 000	56 000	74 000
Total Investments	0	0	0	0
Cash, Bank	907 000	1 270 000	71 000	57 000
Total Current Assets	2 109 000	2 070 000	1 784 000	761 000
Total Assets	4 799 000	5 071 000	5 483 000	4 982 000
Total Equity	4 434 000	4 668 000	4 758 000	4 307 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	137 000	246 000	356 000	465 000
Creditors	112 000	101 000	254 000	58 000
Unpaid Taxes	68 000	12 000	14 000	25 000
Dividends	0	0	0	0
Other Current Debt	47 000	44 000	102 000	127 000
Total Current Debt	227 000	157 000	369 000	210 000
Total Equity and Debt	4 799 000	5 071 000	5 483 000	4 982 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−13,98 %	−10,03 %	5,99 %	−13,84 %
Debt-to-Equity Ratio	0,03	0,05	0,07	0,11
Operating Profit Margin	−67,02 %	−36,43 %	12,89 %	−54,19 %
Current Ratio	9,29	13,18	4,83	3,62
Quick Ratio	12,7	18,82	5,7	5,6
Equity Ratio	0,92	0,92	0,87	0,86
Gross Profit Margin	93,48 %	92,45 %	93,44 %	86,51 %