STIFTELSEN INTERNATIONAL SCHOOL TELEMARK

3931 PORSGRUNN

Finances

Share Ownership

Return on Equity

−20,71 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 609 000	32 531 000	29 602 000	27 684 000
Net Income	−1 538 000	1 946 000	2 978 000	789 000
Total Assets	12 800 000	14 225 000	10 875 000	7 766 000
Total Equity	7 426 000	8 964 000	7 018 000	4 040 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 609 000	32 531 000	29 602 000	27 684 000
Expenditure	34 206 000	30 627 000	26 645 000	26 964 000
Operating Profit	−1 597 000	1 904 000	2 957 000	720 000
Financial Income	71 000	45 000	51 000	80 000
Financial Costs	12 000	3 000	29 000	12 000
Financial Balance	59 000	42 000	22 000	68 000
Earnings Before Tax	−1 538 000	1 946 000	2 978 000	789 000
Tax	0	0	0	0
Net Income	−1 538 000	1 946 000	2 978 000	789 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 234 000	2 568 000	894 000	1 068 000
Total Current Assets	10 566 000	11 657 000	9 981 000	6 699 000
Total Assets	12 800 000	14 225 000	10 875 000	7 766 000
Total Retained Equity	7 126 000	8 664 000	6 718 000	3 740 000
Total Equity	7 426 000	8 964 000	7 018 000	4 040 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 374 000	5 261 000	3 857 000	3 727 000
Total Equity and Debt	12 800 000	14 225 000	10 875 000	7 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	32 524 000	29 602 000	0
Other Income	32 609 000	7 000	0	27 684 000
Revenue	32 609 000	32 531 000	29 602 000	27 684 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 955 000	21 532 000	19 363 000	19 047 000
Depreciation	645 000	421 000	298 000	281 000
Impairment	0	0	0	0
Expenditure	34 206 000	30 627 000	26 645 000	26 964 000
Operating Profit	−1 597 000	1 904 000	2 957 000	720 000
Financial Income	71 000	45 000	51 000	80 000
Financial Costs	12 000	3 000	29 000	12 000
Financial Balance	59 000	42 000	22 000	68 000
Dividends	0	0	0	0
Net Income	−1 538 000	1 946 000	2 978 000	789 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 347 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	888 000	2 568 000	894 000	1 068 000
Total Tangible Assets	2 234 000	2 568 000	894 000	1 068 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 234 000	2 568 000	894 000	1 068 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 557 000	10 325 000	8 373 000	5 025 000
Total Current Assets	10 566 000	11 657 000	9 981 000	6 699 000
Total Assets	12 800 000	14 225 000	10 875 000	7 766 000
Total Equity	7 426 000	8 964 000	7 018 000	4 040 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 270 000	1 590 000	845 000	482 000
Unpaid Taxes	1 871 000	1 747 000	1 326 000	1 414 000
Dividends	0	0	0	0
Other Current Debt	2 233 000	1 925 000	1 686 000	1 831 000
Total Current Debt	5 374 000	5 261 000	3 857 000	3 727 000
Total Equity and Debt	12 800 000	14 225 000	10 875 000	7 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,71 %	21,71 %	42,43 %	19,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,9 %	5,85 %	9,99 %	2,6 %
Current Ratio	1,97	2,22	2,59	1,8
Quick Ratio	1,97	2,22	2,59	1,8
Equity Ratio	0,58	0,63	0,65	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %