KRAGERØ KUNSTSKOLE AS

3770 KRAGERØ

Finances

Share Ownership

Return on Equity

2,15 %

Current Ratio

5,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 115 000	4 874 000	4 651 000	3 945 000
Net Income	53 000	−221 000	932 000	311 000
Total Assets	3 009 000	3 205 000	3 587 000	2 137 000
Total Equity	2 464 000	2 412 000	2 632 000	1 700 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 115 000	4 874 000	4 651 000	3 945 000
Expenditure	5 086 000	5 105 000	3 746 000	3 651 000
Operating Profit	29 000	−231 000	905 000	293 000
Financial Income	25 000	11 000	27 000	18 000
Financial Costs	1 000	0	0	0
Financial Balance	24 000	11 000	27 000	18 000
Earnings Before Tax	53 000	−221 000	932 000	311 000
Tax	0	0	0	0
Net Income	53 000	−221 000	932 000	311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	158 000	543 000	840 000	597 000
Total Current Assets	2 850 000	2 662 000	2 747 000	1 539 000
Total Assets	3 009 000	3 205 000	3 587 000	2 137 000
Total Retained Equity	964 000	912 000	1 132 000	200 000
Total Equity	2 464 000	2 412 000	2 632 000	1 700 000
Total Long-Term Debt	0	60 000	65 000	60 000
Total Current Debt	544 000	733 000	889 000	377 000
Total Equity and Debt	3 009 000	3 205 000	3 587 000	2 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 106 000	4 866 000	4 636 000	3 945 000
Other Income	9 000	8 000	15 000	0
Revenue	5 115 000	4 874 000	4 651 000	3 945 000
Cost of Goods Sold	142 000	177 000	141 000	206 000
Salary Costs	2 315 000	2 218 000	1 513 000	1 464 000
Depreciation	380 000	380 000	186 000	164 000
Impairment	0	0	0	0
Expenditure	5 086 000	5 105 000	3 746 000	3 651 000
Operating Profit	29 000	−231 000	905 000	293 000
Financial Income	25 000	11 000	27 000	18 000
Financial Costs	1 000	0	0	0
Financial Balance	24 000	11 000	27 000	18 000
Dividends	0	0	0	0
Net Income	53 000	−221 000	932 000	311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	158 000	543 000	840 000	597 000
Total Tangible Assets	158 000	543 000	840 000	597 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	158 000	543 000	840 000	597 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 828 000	2 551 000	2 664 000	1 474 000
Total Current Assets	2 850 000	2 662 000	2 747 000	1 539 000
Total Assets	3 009 000	3 205 000	3 587 000	2 137 000
Total Equity	2 464 000	2 412 000	2 632 000	1 700 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	60 000	65 000	60 000
Creditors	172 000	361 000	596 000	109 000
Unpaid Taxes	150 000	151 000	129 000	105 000
Dividends	0	0	0	0
Other Current Debt	222 000	221 000	164 000	163 000
Total Current Debt	544 000	733 000	889 000	377 000
Total Equity and Debt	3 009 000	3 205 000	3 587 000	2 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,15 %	−9,16 %	35,41 %	18,29 %
Debt-to-Equity Ratio	0	0,02	0,02	0,04
Operating Profit Margin	0,57 %	−4,74 %	19,46 %	7,43 %
Current Ratio	5,24	3,63	3,09	4,08
Quick Ratio	5,24	3,63	3,09	4,08
Equity Ratio	0,82	0,75	0,73	0,8
Gross Profit Margin	97,22 %	96,37 %	96,97 %	94,78 %