NOROFF EDUCATION AS

4612 KRISTIANSAND S

Finances

Return on Equity

−12 784,55 %

Current Ratio

0,45

Debt-to-Equity Ratio

1 704,66

Key figures (NOK)	2022	2021	2020	2018
Revenue	78 979 000	67 845 000	77 351 000	14 253 000
Net Income	−14 063 000	322 000	−461 000	189 000
Total Assets	252 102 000	161 165 000	103 642 000	11 416 000
Total Equity	110 000	1 152 000	830 000	1 207 000

Income (NOK)	2022	2021	2020	2018
Revenue	78 979 000	67 845 000	77 351 000	14 253 000
Expenditure	87 628 000	63 259 000	73 877 000	13 899 000
Operating Profit	−8 652 000	4 586 000	3 474 000	354 000
Financial Income	26 000	68 000	37 000	2 000
Financial Costs	9 397 000	4 236 000	4 074 000	100 000
Financial Balance	−9 371 000	−4 168 000	−4 037 000	−98 000
Earnings Before Tax	−18 023 000	418 000	−563 000	256 000
Tax	−3 960 000	96 000	−102 000	66 000
Net Income	−14 063 000	322 000	−461 000	189 000

Balance (NOK)	2022	2021	2020	2018
Total Fixed Assets	222 768 000	157 076 000	94 259 000	5 675 000
Total Current Assets	29 333 000	4 090 000	9 383 000	5 741 000
Total Assets	252 102 000	161 165 000	103 642 000	11 416 000
Total Retained Equity	0	1 042 000	720 000	1 097 000
Total Equity	110 000	1 152 000	830 000	1 207 000
Total Long-Term Debt	187 513 000	135 314 000	71 079 000	213 000
Total Current Debt	64 478 000	24 700 000	31 733 000	9 996 000
Total Equity and Debt	252 102 000	161 165 000	103 642 000	11 416 000

Cash flow (NOK)	2022	2021	2020	2018
Sales Income	48 650 000	44 292 000	53 090 000	13 061 000
Other Income	30 329 000	23 553 000	24 261 000	1 193 000
Revenue	78 979 000	67 845 000	77 351 000	14 253 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 923 000	24 131 000	27 517 000	9 400 000
Depreciation	28 328 000	20 733 000	27 395 000	103 000
Impairment	0	0	0	0
Expenditure	87 628 000	63 259 000	73 877 000	13 899 000
Operating Profit	−8 652 000	4 586 000	3 474 000	354 000
Financial Income	26 000	68 000	37 000	2 000
Financial Costs	9 397 000	4 236 000	4 074 000	100 000
Financial Balance	−9 371 000	−4 168 000	−4 037 000	−98 000
Dividends	0	0	0	0
Net Income	−14 063 000	322 000	−461 000	189 000

Balance details (NOK)	2022	2021	2020	2018
Goodwill	0	0	0	0
Total Intangible Assets	12 230 000	9 973 000	10 167 000	5 235 000
Real Eastate	193 791 000	0	0	0
Machinery and Plant Facilities	4 000 000	1 723 000	1 451 000	178 000
Fixtures	12 320 000	2 792 000	562 000	162 000
Total Tangible Assets	210 112 000	4 515 000	2 013 000	340 000
Total Fiancial Fixed Assets	427 000	142 588 000	82 079 000	100 000
Total Fixed Assets	222 768 000	157 076 000	94 259 000	5 675 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 073 000	−5 532 000	1 265 000	477 000
Total Current Assets	29 333 000	4 090 000	9 383 000	5 741 000
Total Assets	252 102 000	161 165 000	103 642 000	11 416 000
Total Equity	110 000	1 152 000	830 000	1 207 000
Short-Term Group Debt	0	0	0	6 789 000
Total Long-Term Debt	187 513 000	135 314 000	71 079 000	213 000
Creditors	6 040 000	3 398 000	2 110 000	1 051 000
Unpaid Taxes	3 692 000	2 824 000	2 763 000	814 000
Dividends	0	0	0	0
Other Current Debt	6 397 000	4 963 000	1 084 000	1 042 000
Total Current Debt	64 478 000	24 700 000	31 733 000	9 996 000
Total Equity and Debt	252 102 000	161 165 000	103 642 000	11 416 000

Financial indicators	2022	2021	2020	2018
Return on Equity	−12 784,55 %	27,95 %	−55,54 %	15,66 %
Debt-to-Equity Ratio	1 704,66	117,46	85,64	0,18
Operating Profit Margin	−10,95 %	6,76 %	4,49 %	2,48 %
Current Ratio	0,45	0,17	0,3	0,57
Quick Ratio	0,45	0,17	0,3	0,57
Equity Ratio	0	0,01	0,01	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %