VALDRES FOLKEHØGSKULE AS

2920 LEIRA I VALDRES

Finances

Share Ownership

Return on Equity

−1,06 %

Current Ratio

3,43

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 239 000	30 731 000	30 517 000	33 690 000
Net Income	−314 000	2 746 000	3 819 000	1 626 000
Total Assets	40 024 000	42 171 000	40 859 000	35 077 000
Total Equity	29 527 000	29 841 000	27 094 000	23 275 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 239 000	30 731 000	30 517 000	33 690 000
Expenditure	37 535 000	27 884 000	26 587 000	31 930 000
Operating Profit	−296 000	2 848 000	3 929 000	1 760 000
Financial Income	196 000	48 000	92 000	124 000
Financial Costs	213 000	149 000	202 000	257 000
Financial Balance	−17 000	−101 000	−110 000	−133 000
Earnings Before Tax	−314 000	2 746 000	3 819 000	1 626 000
Tax	0	0	0	0
Net Income	−314 000	2 746 000	3 819 000	1 626 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 560 000	23 392 000	23 499 000	22 998 000
Total Current Assets	16 464 000	18 779 000	17 359 000	12 078 000
Total Assets	40 024 000	42 171 000	40 859 000	35 077 000
Total Retained Equity	27 435 000	27 749 000	25 002 000	21 183 000
Total Equity	29 527 000	29 841 000	27 094 000	23 275 000
Total Long-Term Debt	5 700 000	6 300 000	6 900 000	7 500 000
Total Current Debt	4 797 000	6 030 000	6 865 000	4 302 000
Total Equity and Debt	40 024 000	42 171 000	40 859 000	35 077 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 567 000	16 927 000	15 768 000	20 490 000
Other Income	14 671 000	13 804 000	14 748 000	13 200 000
Revenue	37 239 000	30 731 000	30 517 000	33 690 000
Cost of Goods Sold	1 400 000	1 701 000	1 323 000	1 841 000
Salary Costs	15 304 000	14 421 000	14 157 000	14 108 000
Depreciation	2 221 000	2 151 000	2 096 000	2 024 000
Impairment	0	0	0	0
Expenditure	37 535 000	27 884 000	26 587 000	31 930 000
Operating Profit	−296 000	2 848 000	3 929 000	1 760 000
Financial Income	196 000	48 000	92 000	124 000
Financial Costs	213 000	149 000	202 000	257 000
Financial Balance	−17 000	−101 000	−110 000	−133 000
Dividends	0	0	0	0
Net Income	−314 000	2 746 000	3 819 000	1 626 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 377 000	20 140 000	20 183 000	19 478 000
Machinery and Plant Facilities	176 000	328 000	251 000	388 000
Fixtures	3 817 000	2 674 000	2 739 000	2 679 000
Total Tangible Assets	23 370 000	23 142 000	23 173 000	22 545 000
Total Fiancial Fixed Assets	190 000	250 000	327 000	453 000
Total Fixed Assets	23 560 000	23 392 000	23 499 000	22 998 000
Stock	688 000	480 000	171 000	164 000
Total Investments	0	0	0	0
Cash, Bank	13 557 000	17 210 000	16 221 000	10 788 000
Total Current Assets	16 464 000	18 779 000	17 359 000	12 078 000
Total Assets	40 024 000	42 171 000	40 859 000	35 077 000
Total Equity	29 527 000	29 841 000	27 094 000	23 275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 700 000	6 300 000	6 900 000	7 500 000
Creditors	1 857 000	1 832 000	1 790 000	1 621 000
Unpaid Taxes	738 000	680 000	639 000	587 000
Dividends	0	0	0	0
Other Current Debt	2 202 000	3 518 000	4 435 000	2 094 000
Total Current Debt	4 797 000	6 030 000	6 865 000	4 302 000
Total Equity and Debt	40 024 000	42 171 000	40 859 000	35 077 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,06 %	9,2 %	14,1 %	6,99 %
Debt-to-Equity Ratio	0,19	0,21	0,25	0,32
Operating Profit Margin	−0,79 %	9,27 %	12,87 %	5,22 %
Current Ratio	3,43	3,11	2,53	2,81
Quick Ratio	4,01	3,38	2,59	2,92
Equity Ratio	0,74	0,71	0,66	0,66
Gross Profit Margin	96,24 %	94,46 %	95,66 %	94,54 %