NOROFF FAGSKOLE AS

4612 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

161,43 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2018
Revenue	237 885 000	191 701 000	199 491 000	104 205 000
Net Income	49 541 000	31 751 000	15 928 000	10 067 000
Total Assets	148 793 000	88 704 000	44 552 000	51 953 000
Total Equity	30 688 000	45 923 000	18 182 000	8 664 000

Income (NOK)	2022	2021	2020	2018
Revenue	237 885 000	191 701 000	199 491 000	104 205 000
Expenditure	174 611 000	150 997 000	179 440 000	91 278 000
Operating Profit	63 274 000	40 704 000	20 051 000	12 927 000
Financial Income	543 000	337 000	759 000	288 000
Financial Costs	301 000	331 000	386 000	132 000
Financial Balance	242 000	6 000	373 000	156 000
Earnings Before Tax	63 516 000	40 709 000	20 424 000	13 083 000
Tax	13 975 000	8 958 000	4 496 000	3 015 000
Net Income	49 541 000	31 751 000	15 928 000	10 067 000

Balance (NOK)	2022	2021	2020	2018
Total Fixed Assets	23 504 000	18 061 000	17 092 000	7 335 000
Total Current Assets	125 289 000	70 642 000	27 460 000	44 618 000
Total Assets	148 793 000	88 704 000	44 552 000	51 953 000
Total Retained Equity	30 588 000	45 823 000	18 082 000	8 564 000
Total Equity	30 688 000	45 923 000	18 182 000	8 664 000
Total Long-Term Debt	10 012 000	8 908 000	52 000	25 817 000
Total Current Debt	108 093 000	33 872 000	26 318 000	17 473 000
Total Equity and Debt	148 793 000	88 704 000	44 552 000	51 953 000

Cash flow (NOK)	2022	2021	2020	2018
Sales Income	237 885 000	191 701 000	198 354 000	103 721 000
Other Income	0	0	1 137 000	483 000
Revenue	237 885 000	191 701 000	199 491 000	104 205 000
Cost of Goods Sold	0	0	0	560 000
Salary Costs	53 530 000	48 877 000	55 876 000	32 074 000
Depreciation	11 028 000	9 150 000	9 902 000	4 402 000
Impairment	0	0	0	0
Expenditure	174 611 000	150 997 000	179 440 000	91 278 000
Operating Profit	63 274 000	40 704 000	20 051 000	12 927 000
Financial Income	543 000	337 000	759 000	288 000
Financial Costs	301 000	331 000	386 000	132 000
Financial Balance	242 000	6 000	373 000	156 000
Dividends	0	0	0	0
Net Income	49 541 000	31 751 000	15 928 000	10 067 000

Balance details (NOK)	2022	2021	2020	2018
Goodwill	0	0	0	0
Total Intangible Assets	13 674 000	7 940 000	5 046 000	317 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 247 000	8 689 000	10 107 000	6 304 000
Fixtures	1 183 000	1 432 000	1 939 000	714 000
Total Tangible Assets	6 430 000	10 121 000	12 046 000	7 018 000
Total Fiancial Fixed Assets	3 400 000	0	0	0
Total Fixed Assets	23 504 000	18 061 000	17 092 000	7 335 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 642 000	62 870 000	19 236 000	1 133 000
Total Current Assets	125 289 000	70 642 000	27 460 000	44 618 000
Total Assets	148 793 000	88 704 000	44 552 000	51 953 000
Total Equity	30 688 000	45 923 000	18 182 000	8 664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 012 000	8 908 000	52 000	25 817 000
Creditors	9 163 000	7 374 000	8 006 000	4 111 000
Unpaid Taxes	2 734 000	2 867 000	4 083 000	2 265 000
Dividends	0	0	0	0
Other Current Debt	80 610 000	14 208 000	6 185 000	10 030 000
Total Current Debt	108 093 000	33 872 000	26 318 000	17 473 000
Total Equity and Debt	148 793 000	88 704 000	44 552 000	51 953 000

Financial indicators	2022	2021	2020	2018
Return on Equity	161,43 %	69,14 %	87,6 %	116,19 %
Debt-to-Equity Ratio	0,33	0,19	0	2,98
Operating Profit Margin	26,6 %	21,23 %	10,05 %	12,41 %
Current Ratio	1,16	2,09	1,04	2,55
Quick Ratio	1,16	2,09	1,04	2,55
Equity Ratio	0,21	0,52	0,41	0,17
Gross Profit Margin	100 %	100 %	100 %	99,46 %