NORDHORDLAND FOLKEHØGSKOLE

5918 FREKHAUG

Finances

Return on Equity

−1,83 %

Current Ratio

6,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 198 000	32 439 000	30 774 000	33 925 000
Net Income	−1 597 000	3 664 000	1 565 000	4 925 000
Total Assets	96 009 000	97 257 000	94 368 000	90 379 000
Total Equity	87 176 000	88 772 000	85 108 000	83 544 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 198 000	32 439 000	30 774 000	33 925 000
Expenditure	33 830 000	32 849 000	30 599 000	33 357 000
Operating Profit	368 000	−410 000	175 000	569 000
Financial Income	748 000	4 103 000	1 411 000	4 374 000
Financial Costs	2 713 000	29 000	21 000	18 000
Financial Balance	−1 965 000	4 074 000	1 390 000	4 356 000
Earnings Before Tax	−1 597 000	3 664 000	1 565 000	4 925 000
Tax	0	0	0	0
Net Income	−1 597 000	3 664 000	1 565 000	4 925 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 647 000	35 167 000	34 190 000	32 590 000
Total Current Assets	55 362 000	62 090 000	60 178 000	57 788 000
Total Assets	96 009 000	97 257 000	94 368 000	90 379 000
Total Retained Equity	87 176 000	88 772 000	85 108 000	83 544 000
Total Equity	87 176 000	88 772 000	85 108 000	83 544 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 833 000	8 485 000	9 260 000	6 835 000
Total Equity and Debt	96 009 000	97 257 000	94 368 000	90 379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	34 198 000	32 439 000	30 774 000	33 925 000
Revenue	34 198 000	32 439 000	30 774 000	33 925 000
Cost of Goods Sold	3 270 000	2 869 000	1 885 000	3 328 000
Salary Costs	20 800 000	20 214 000	19 789 000	20 597 000
Depreciation	3 135 000	2 728 000	2 373 000	2 443 000
Impairment	0	0	0	0
Expenditure	33 830 000	32 849 000	30 599 000	33 357 000
Operating Profit	368 000	−410 000	175 000	569 000
Financial Income	748 000	4 103 000	1 411 000	4 374 000
Financial Costs	2 713 000	29 000	21 000	18 000
Financial Balance	−1 965 000	4 074 000	1 390 000	4 356 000
Dividends	0	0	0	0
Net Income	−1 597 000	3 664 000	1 565 000	4 925 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	28 820 000	22 374 000	23 377 000	21 209 000
Machinery and Plant Facilities	6 035 000	6 617 000	4 499 000	4 858 000
Fixtures	1 215 000	983 000	1 019 000	821 000
Total Tangible Assets	40 181 000	34 233 000	33 455 000	31 799 000
Total Fiancial Fixed Assets	466 000	934 000	736 000	791 000
Total Fixed Assets	40 647 000	35 167 000	34 190 000	32 590 000
Stock	0	0	0	0
Total Investments	40 712 000	46 320 000	42 033 000	40 272 000
Cash, Bank	11 263 000	12 310 000	15 178 000	13 837 000
Total Current Assets	55 362 000	62 090 000	60 178 000	57 788 000
Total Assets	96 009 000	97 257 000	94 368 000	90 379 000
Total Equity	87 176 000	88 772 000	85 108 000	83 544 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 484 000	937 000	1 129 000	1 357 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 349 000	7 548 000	8 131 000	5 479 000
Total Current Debt	8 833 000	8 485 000	9 260 000	6 835 000
Total Equity and Debt	96 009 000	97 257 000	94 368 000	90 379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,83 %	4,13 %	1,84 %	5,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,08 %	−1,26 %	0,57 %	1,68 %
Current Ratio	6,27	7,32	6,5	8,45
Quick Ratio	6,27	7,32	6,5	8,45
Equity Ratio	0,91	0,91	0,9	0,92
Gross Profit Margin	90,44 %	91,16 %	93,87 %	90,19 %