SØRENGEN KJØRESKOLE AS

2920 LEIRA I VALDRES

Finances

Share Ownership

Return on Equity

5,37 %

Current Ratio

2,18

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 345 000	4 033 000	3 879 000	3 523 000
Net Income	88 000	197 000	460 000	192 000
Total Assets	2 719 000	2 514 000	2 423 000	1 670 000
Total Equity	1 639 000	1 551 000	1 504 000	1 144 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 345 000	4 033 000	3 879 000	3 523 000
Expenditure	4 108 000	3 879 000	3 417 000	3 424 000
Operating Profit	237 000	155 000	462 000	99 000
Financial Income	154 000	105 000	115 000	130 000
Financial Costs	257 000	33 000	20 000	19 000
Financial Balance	−103 000	72 000	95 000	111 000
Earnings Before Tax	134 000	227 000	557 000	210 000
Tax	46 000	30 000	97 000	18 000
Net Income	88 000	197 000	460 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 379 000	1 108 000	888 000	851 000
Total Current Assets	1 340 000	1 406 000	1 535 000	819 000
Total Assets	2 719 000	2 514 000	2 423 000	1 670 000
Total Retained Equity	1 437 000	1 349 000	1 302 000	942 000
Total Equity	1 639 000	1 551 000	1 504 000	1 144 000
Total Long-Term Debt	466 000	381 000	364 000	247 000
Total Current Debt	614 000	583 000	555 000	279 000
Total Equity and Debt	2 719 000	2 514 000	2 423 000	1 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 342 000	3 997 000	3 736 000	3 407 000
Other Income	3 000	36 000	143 000	116 000
Revenue	4 345 000	4 033 000	3 879 000	3 523 000
Cost of Goods Sold	161 000	111 000	89 000	90 000
Salary Costs	2 181 000	2 125 000	1 963 000	1 967 000
Depreciation	411 000	332 000	300 000	365 000
Impairment	0	0	0	0
Expenditure	4 108 000	3 879 000	3 417 000	3 424 000
Operating Profit	237 000	155 000	462 000	99 000
Financial Income	154 000	105 000	115 000	130 000
Financial Costs	257 000	33 000	20 000	19 000
Financial Balance	−103 000	72 000	95 000	111 000
Dividends	0	150 000	100 000	0
Net Income	88 000	197 000	460 000	192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	40 000	43 000	73 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 328 000	1 063 000	840 000	773 000
Total Tangible Assets	1 328 000	1 063 000	840 000	773 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	1 379 000	1 108 000	888 000	851 000
Stock	0	0	0	0
Total Investments	853 000	1 007 000	802 000	628 000
Cash, Bank	430 000	374 000	720 000	144 000
Total Current Assets	1 340 000	1 406 000	1 535 000	819 000
Total Assets	2 719 000	2 514 000	2 423 000	1 670 000
Total Equity	1 639 000	1 551 000	1 504 000	1 144 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	466 000	381 000	364 000	247 000
Creditors	154 000	82 000	85 000	47 000
Unpaid Taxes	90 000	91 000	114 000	108 000
Dividends	0	150 000	100 000	0
Other Current Debt	317 000	383 000	288 000	123 000
Total Current Debt	614 000	583 000	555 000	279 000
Total Equity and Debt	2 719 000	2 514 000	2 423 000	1 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,37 %	12,7 %	30,59 %	16,78 %
Debt-to-Equity Ratio	0,28	0,25	0,24	0,22
Operating Profit Margin	5,45 %	3,84 %	11,91 %	2,81 %
Current Ratio	2,18	2,41	2,77	2,94
Quick Ratio	2,18	2,41	2,77	2,94
Equity Ratio	0,6	0,62	0,62	0,69
Gross Profit Margin	96,29 %	97,25 %	97,71 %	97,45 %