STIFTELSEN SOLBAKKEN FOLKEHØGSKOLE

2100 SKARNES

Finances

Share Ownership

Return on Equity

18,12 %

Current Ratio

2,76

Debt-to-Equity Ratio

1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 502 000	11 256 000	10 885 000	10 854 000
Net Income	580 000	−989 000	975 000	71 000
Total Assets	10 099 000	5 911 000	7 163 000	6 116 000
Total Equity	3 201 000	2 621 000	3 610 000	2 635 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 502 000	11 256 000	10 885 000	10 854 000
Expenditure	10 735 000	12 159 000	9 812 000	10 677 000
Operating Profit	766 000	−904 000	1 074 000	177 000
Financial Income	11 000	1 000	4 000	9 000
Financial Costs	197 000	86 000	103 000	114 000
Financial Balance	−186 000	−85 000	−99 000	−105 000
Earnings Before Tax	580 000	−989 000	975 000	71 000
Tax	0	0	0	0
Net Income	580 000	−989 000	975 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 444 000	2 614 000	2 804 000	2 999 000
Total Current Assets	3 655 000	3 298 000	4 359 000	3 117 000
Total Assets	10 099 000	5 911 000	7 163 000	6 116 000
Total Retained Equity	2 701 000	2 121 000	3 110 000	2 135 000
Total Equity	3 201 000	2 621 000	3 610 000	2 635 000
Total Long-Term Debt	5 576 000	1 763 000	1 913 000	2 063 000
Total Current Debt	1 323 000	1 528 000	1 641 000	1 418 000
Total Equity and Debt	10 099 000	5 911 000	7 163 000	6 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	11 502 000	11 256 000	10 885 000	10 854 000
Revenue	11 502 000	11 256 000	10 885 000	10 854 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 404 000	6 695 000	5 672 000	6 121 000
Depreciation	176 000	190 000	195 000	175 000
Impairment	0	0	0	0
Expenditure	10 735 000	12 159 000	9 812 000	10 677 000
Operating Profit	766 000	−904 000	1 074 000	177 000
Financial Income	11 000	1 000	4 000	9 000
Financial Costs	197 000	86 000	103 000	114 000
Financial Balance	−186 000	−85 000	−99 000	−105 000
Dividends	0	0	0	0
Net Income	580 000	−989 000	975 000	71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	49 000	103 000
Total Intangible Assets	0	0	49 000	103 000
Real Eastate	6 444 000	2 593 000	2 683 000	2 773 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	20 000	71 000	123 000
Total Tangible Assets	6 444 000	2 614 000	2 755 000	2 896 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 444 000	2 614 000	2 804 000	2 999 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 438 000	3 119 000	4 285 000	2 929 000
Total Current Assets	3 655 000	3 298 000	4 359 000	3 117 000
Total Assets	10 099 000	5 911 000	7 163 000	6 116 000
Total Equity	3 201 000	2 621 000	3 610 000	2 635 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 576 000	1 763 000	1 913 000	2 063 000
Creditors	198 000	234 000	433 000	147 000
Unpaid Taxes	323 000	415 000	348 000	354 000
Dividends	0	0	0	0
Other Current Debt	801 000	879 000	860 000	917 000
Total Current Debt	1 323 000	1 528 000	1 641 000	1 418 000
Total Equity and Debt	10 099 000	5 911 000	7 163 000	6 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,12 %	−37,73 %	27,01 %	2,69 %
Debt-to-Equity Ratio	1,74	0,67	0,53	0,78
Operating Profit Margin	6,66 %	−8,03 %	9,87 %	1,63 %
Current Ratio	2,76	2,16	2,66	2,2
Quick Ratio	2,76	2,16	2,66	2,2
Equity Ratio	0,32	0,44	0,5	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %