FORENINGEN SOLBORG FOLKEHØGSKOLE

4021 STAVANGER

Finances

Return on Equity

−3,24 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 827 000	34 407 000	34 312 000	63 762 000
Net Income	−1 704 000	1 695 000	1 277 000	24 816 000
Total Assets	81 318 000	74 206 000	71 357 000	72 023 000
Total Equity	52 540 000	54 244 000	52 549 000	51 271 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 827 000	34 407 000	34 312 000	63 762 000
Expenditure	36 819 000	34 447 000	32 661 000	39 040 000
Operating Profit	−991 000	−39 000	1 652 000	24 723 000
Financial Income	741 000	2 026 000	401 000	783 000
Financial Costs	1 359 000	228 000	688 000	583 000
Financial Balance	−618 000	1 798 000	−287 000	200 000
Earnings Before Tax	−1 609 000	1 759 000	1 365 000	24 923 000
Tax	95 000	63 000	88 000	107 000
Net Income	−1 704 000	1 695 000	1 277 000	24 816 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 329 000	50 148 000	51 019 000	53 063 000
Total Current Assets	10 988 000	24 058 000	20 337 000	18 960 000
Total Assets	81 318 000	74 206 000	71 357 000	72 023 000
Total Retained Equity	52 540 000	54 244 000	52 549 000	51 271 000
Total Equity	52 540 000	54 244 000	52 549 000	51 271 000
Total Long-Term Debt	22 563 000	11 400 000	12 846 000	14 271 000
Total Current Debt	6 214 000	8 562 000	5 962 000	6 481 000
Total Equity and Debt	81 318 000	74 206 000	71 357 000	72 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 827 000	34 407 000	32 235 000	39 714 000
Other Income	0	0	2 077 000	24 048 000
Revenue	35 827 000	34 407 000	34 312 000	63 762 000
Cost of Goods Sold	0	0	0	0
Salary Costs	22 409 000	21 715 000	21 344 000	21 292 000
Depreciation	2 078 000	2 038 000	2 044 000	2 075 000
Impairment	0	0	0	0
Expenditure	36 819 000	34 447 000	32 661 000	39 040 000
Operating Profit	−991 000	−39 000	1 652 000	24 723 000
Financial Income	741 000	2 026 000	401 000	783 000
Financial Costs	1 359 000	228 000	688 000	583 000
Financial Balance	−618 000	1 798 000	−287 000	200 000
Dividends	0	0	0	0
Net Income	−1 704 000	1 695 000	1 277 000	24 816 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	57 143 000	37 482 000	38 278 000	40 221 000
Machinery and Plant Facilities	75 000	150 000	225 000	326 000
Fixtures	595 000	0	0	0
Total Tangible Assets	57 813 000	37 632 000	38 503 000	40 547 000
Total Fiancial Fixed Assets	12 516 000	12 516 000	12 516 000	12 516 000
Total Fixed Assets	70 329 000	50 148 000	51 019 000	53 063 000
Stock	106 000	260 000	236 000	322 000
Total Investments	32 000	4 294 000	2 898 000	3 226 000
Cash, Bank	8 619 000	12 412 000	14 644 000	13 556 000
Total Current Assets	10 988 000	24 058 000	20 337 000	18 960 000
Total Assets	81 318 000	74 206 000	71 357 000	72 023 000
Total Equity	52 540 000	54 244 000	52 549 000	51 271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 563 000	11 400 000	12 846 000	14 271 000
Creditors	0	0	864 000	1 267 000
Unpaid Taxes	1 232 000	1 525 000	1 363 000	1 360 000
Dividends	0	0	0	0
Other Current Debt	3 513 000	3 855 000	3 647 000	3 747 000
Total Current Debt	6 214 000	8 562 000	5 962 000	6 481 000
Total Equity and Debt	81 318 000	74 206 000	71 357 000	72 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,24 %	3,12 %	2,43 %	48,4 %
Debt-to-Equity Ratio	0,43	0,21	0,24	0,28
Operating Profit Margin	−2,77 %	−0,11 %	4,81 %	38,77 %
Current Ratio	1,77	2,81	3,41	2,93
Quick Ratio	1,8	2,9	3,55	3,08
Equity Ratio	0,65	0,73	0,74	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %