STIFTELSEN SETESDAL FOLKEHØGSKULE

4748 RYSSTAD

Finances

Return on Equity

12,39 %

Current Ratio

1,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 261 000	14 590 000	14 563 000	15 154 000
Net Income	763 000	588 000	−2 190 000	214 000
Total Assets	7 904 000	7 980 000	6 775 000	8 427 000
Total Equity	6 157 000	5 394 000	4 806 000	6 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 261 000	14 590 000	14 563 000	15 154 000
Expenditure	11 579 000	14 084 000	16 838 000	15 007 000
Operating Profit	682 000	505 000	−2 276 000	148 000
Financial Income	89 000	83 000	95 000	67 000
Financial Costs	8 000	0	9 000	2 000
Financial Balance	81 000	83 000	86 000	65 000
Earnings Before Tax	763 000	588 000	−2 190 000	214 000
Tax	0	0	0	0
Net Income	763 000	588 000	−2 190 000	214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 478 000	4 626 000	4 980 000	5 468 000
Total Current Assets	3 426 000	3 354 000	1 795 000	2 959 000
Total Assets	7 904 000	7 980 000	6 775 000	8 427 000
Total Retained Equity	5 957 000	5 194 000	4 606 000	6 795 000
Total Equity	6 157 000	5 394 000	4 806 000	6 995 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 747 000	2 586 000	1 969 000	1 432 000
Total Equity and Debt	7 904 000	7 980 000	6 775 000	8 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 098 000	4 122 000	4 248 000	14 440 000
Other Income	9 162 000	10 467 000	10 314 000	714 000
Revenue	12 261 000	14 590 000	14 563 000	15 154 000
Cost of Goods Sold	1 728 000	1 225 000	875 000	2 008 000
Salary Costs	6 001 000	7 087 000	8 456 000	6 460 000
Depreciation	148 000	383 000	391 000	678 000
Impairment	0	0	0	0
Expenditure	11 579 000	14 084 000	16 838 000	15 007 000
Operating Profit	682 000	505 000	−2 276 000	148 000
Financial Income	89 000	83 000	95 000	67 000
Financial Costs	8 000	0	9 000	2 000
Financial Balance	81 000	83 000	86 000	65 000
Dividends	0	0	0	0
Net Income	763 000	588 000	−2 190 000	214 000

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	358 000	432 000	598 000	1 203 000
Fixtures	119 000	194 000	382 000	266 000
Total Tangible Assets	478 000	626 000	980 000	1 468 000
Total Fiancial Fixed Assets	4 000 000	4 000 000	4 000 000	4 000 000
Total Fixed Assets	4 478 000	4 626 000	4 980 000	5 468 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 611 000	2 093 000	1 483 000	2 465 000
Total Current Assets	3 426 000	3 354 000	1 795 000	2 959 000
Total Assets	7 904 000	7 980 000	6 775 000	8 427 000
Total Equity	6 157 000	5 394 000	4 806 000	6 995 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	253 000	615 000	862 000	410 000
Unpaid Taxes	337 000	391 000	486 000	556 000
Dividends	0	0	0	0
Other Current Debt	1 157 000	1 580 000	621 000	466 000
Total Current Debt	1 747 000	2 586 000	1 969 000	1 432 000
Total Equity and Debt	7 904 000	7 980 000	6 775 000	8 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,39 %	10,9 %	−45,57 %	3,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,56 %	3,46 %	−15,63 %	0,98 %
Current Ratio	1,96	1,3	0,91	2,07
Quick Ratio	1,96	1,3	0,91	2,07
Equity Ratio	0,78	0,68	0,71	0,83
Gross Profit Margin	85,91 %	91,6 %	93,99 %	86,75 %