AKADEMIET FREDRIKSTAD AS

1671 KRÅKERØY

Finances

Share Ownership

Return on Equity

−45,15 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 966 000	10 814 000	12 779 000	11 733 000
Net Income	−610 000	−981 000	1 593 000	861 000
Total Assets	3 170 000	4 230 000	4 318 000	2 897 000
Total Equity	1 351 000	1 961 000	2 942 000	1 349 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 966 000	10 814 000	12 779 000	11 733 000
Expenditure	11 573 000	11 785 000	11 184 000	10 870 000
Operating Profit	−606 000	−972 000	1 594 000	863 000
Financial Income	5 000	4 000	1 000	1 000
Financial Costs	9 000	13 000	3 000	3 000
Financial Balance	−4 000	−9 000	−2 000	−2 000
Earnings Before Tax	−610 000	−981 000	1 593 000	861 000
Tax	0	0	0	0
Net Income	−610 000	−981 000	1 593 000	861 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 096 000	907 000	578 000	620 000
Total Current Assets	2 074 000	3 323 000	3 740 000	2 277 000
Total Assets	3 170 000	4 230 000	4 318 000	2 897 000
Total Retained Equity	1 241 000	1 851 000	2 832 000	1 239 000
Total Equity	1 351 000	1 961 000	2 942 000	1 349 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 819 000	2 269 000	1 376 000	1 548 000
Total Equity and Debt	3 170 000	4 230 000	4 318 000	2 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 848 000	10 565 000	12 767 000	25 000
Other Income	118 000	249 000	12 000	11 708 000
Revenue	10 966 000	10 814 000	12 779 000	11 733 000
Cost of Goods Sold	242 000	113 000	157 000	129 000
Salary Costs	7 268 000	7 335 000	7 253 000	7 090 000
Depreciation	443 000	345 000	352 000	305 000
Impairment	0	0	0	0
Expenditure	11 573 000	11 785 000	11 184 000	10 870 000
Operating Profit	−606 000	−972 000	1 594 000	863 000
Financial Income	5 000	4 000	1 000	1 000
Financial Costs	9 000	13 000	3 000	3 000
Financial Balance	−4 000	−9 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	−610 000	−981 000	1 593 000	861 000

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	1 096 000	907 000	578 000	620 000
Total Tangible Assets	1 096 000	907 000	578 000	620 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 096 000	907 000	578 000	620 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 835 000	2 739 000	3 563 000	2 141 000
Total Current Assets	2 074 000	3 323 000	3 740 000	2 277 000
Total Assets	3 170 000	4 230 000	4 318 000	2 897 000
Total Equity	1 351 000	1 961 000	2 942 000	1 349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	709 000	1 029 000	310 000	456 000
Unpaid Taxes	366 000	354 000	336 000	382 000
Dividends	0	0	0	0
Other Current Debt	744 000	885 000	730 000	710 000
Total Current Debt	1 819 000	2 269 000	1 376 000	1 548 000
Total Equity and Debt	3 170 000	4 230 000	4 318 000	2 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,15 %	−50,03 %	54,15 %	63,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,53 %	−8,99 %	12,47 %	7,36 %
Current Ratio	1,14	1,46	2,72	1,47
Quick Ratio	1,14	1,46	2,72	1,47
Equity Ratio	0,43	0,46	0,68	0,47
Gross Profit Margin	97,79 %	98,96 %	98,77 %	98,9 %