AKADEMIET NORGE AS

6004 ÅLESUND

Finances

Share Ownership

Return on Equity

7,8 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 821 000	30 015 000	24 003 000	24 531 000
Net Income	484 000	2 319 000	1 017 000	41 000
Total Assets	12 164 000	11 243 000	7 557 000	7 969 000
Total Equity	6 207 000	5 723 000	3 405 000	2 387 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 821 000	30 015 000	24 003 000	24 531 000
Expenditure	34 196 000	27 059 000	22 673 000	24 444 000
Operating Profit	625 000	2 957 000	1 330 000	87 000
Financial Income	4 000	15 000	15 000	3 000
Financial Costs	7 000	0	45 000	47 000
Financial Balance	−3 000	15 000	−30 000	−44 000
Earnings Before Tax	622 000	2 971 000	1 301 000	43 000
Tax	137 000	652 000	283 000	2 000
Net Income	484 000	2 319 000	1 017 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 214 000	3 203 000	3 780 000	3 246 000
Total Current Assets	8 950 000	8 040 000	3 777 000	4 722 000
Total Assets	12 164 000	11 243 000	7 557 000	7 969 000
Total Retained Equity	3 722 000	3 238 000	920 000	−98 000
Total Equity	6 207 000	5 723 000	3 405 000	2 387 000
Total Long-Term Debt	0	0	0	502 000
Total Current Debt	5 957 000	5 520 000	4 153 000	5 079 000
Total Equity and Debt	12 164 000	11 243 000	7 557 000	7 969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 788 000	30 015 000	24 003 000	24 486 000
Other Income	33 000	0	0	46 000
Revenue	34 821 000	30 015 000	24 003 000	24 531 000
Cost of Goods Sold	20 092 000	19 659 000	17 349 000	17 739 000
Salary Costs	12 522 000	6 420 000	4 030 000	5 055 000
Depreciation	13 000	11 000	11 000	4 000
Impairment	0	0	0	0
Expenditure	34 196 000	27 059 000	22 673 000	24 444 000
Operating Profit	625 000	2 957 000	1 330 000	87 000
Financial Income	4 000	15 000	15 000	3 000
Financial Costs	7 000	0	45 000	47 000
Financial Balance	−3 000	15 000	−30 000	−44 000
Dividends	0	0	0	0
Net Income	484 000	2 319 000	1 017 000	41 000

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	17 000	6 000	17 000	28 000
Total Tangible Assets	17 000	6 000	17 000	28 000
Total Fiancial Fixed Assets	3 197 000	3 197 000	3 763 000	3 219 000
Total Fixed Assets	3 214 000	3 203 000	3 780 000	3 246 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 393 000	1 877 000	1 219 000	581 000
Total Current Assets	8 950 000	8 040 000	3 777 000	4 722 000
Total Assets	12 164 000	11 243 000	7 557 000	7 969 000
Total Equity	6 207 000	5 723 000	3 405 000	2 387 000
Short-Term Group Debt	1 400 000	41 000	312 000	1 005 000
Total Long-Term Debt	0	0	0	502 000
Creditors	1 956 000	2 572 000	2 221 000	2 271 000
Unpaid Taxes	1 296 000	1 606 000	827 000	1 257 000
Dividends	0	0	0	0
Other Current Debt	1 167 000	649 000	510 000	543 000
Total Current Debt	5 957 000	5 520 000	4 153 000	5 079 000
Total Equity and Debt	12 164 000	11 243 000	7 557 000	7 969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,8 %	40,52 %	29,87 %	1,72 %
Debt-to-Equity Ratio	0	0	0	0,21
Operating Profit Margin	1,79 %	9,85 %	5,54 %	0,35 %
Current Ratio	1,5	1,46	0,91	0,93
Quick Ratio	1,5	1,46	0,91	0,93
Equity Ratio	0,51	0,51	0,45	0,3
Gross Profit Margin	42,3 %	34,5 %	27,72 %	27,69 %