THORE'S TRAFIKKSKOLE AS

2386 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

14,06 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 030 000	2 596 000	3 046 000	3 305 000
Net Income	45 000	−73 000	121 000	127 000
Total Assets	665 000	773 000	980 000	852 000
Total Equity	320 000	275 000	347 000	227 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 030 000	2 596 000	3 046 000	3 305 000
Expenditure	1 969 000	2 684 000	2 886 000	3 131 000
Operating Profit	59 000	−88 000	160 000	175 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	6 000	6 000	12 000
Financial Balance	−2 000	−6 000	−5 000	−12 000
Earnings Before Tax	58 000	−93 000	155 000	163 000
Tax	13 000	−20 000	34 000	36 000
Net Income	45 000	−73 000	121 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	223 000	267 000	315 000	366 000
Total Current Assets	442 000	506 000	665 000	486 000
Total Assets	665 000	773 000	980 000	852 000
Total Retained Equity	219 000	174 000	246 000	126 000
Total Equity	320 000	275 000	347 000	227 000
Total Long-Term Debt	117 000	153 000	217 000	249 000
Total Current Debt	228 000	345 000	416 000	376 000
Total Equity and Debt	665 000	773 000	980 000	852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 030 000	2 596 000	2 875 000	3 205 000
Other Income	0	0	171 000	100 000
Revenue	2 030 000	2 596 000	3 046 000	3 305 000
Cost of Goods Sold	77 000	84 000	97 000	122 000
Salary Costs	1 067 000	1 750 000	1 817 000	1 975 000
Depreciation	44 000	48 000	50 000	36 000
Impairment	0	0	0	0
Expenditure	1 969 000	2 684 000	2 886 000	3 131 000
Operating Profit	59 000	−88 000	160 000	175 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	6 000	6 000	12 000
Financial Balance	−2 000	−6 000	−5 000	−12 000
Dividends	0	0	0	0
Net Income	45 000	−73 000	121 000	127 000

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	223 000	267 000	315 000	366 000
Total Tangible Assets	223 000	267 000	315 000	366 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	223 000	267 000	315 000	366 000
Stock	3 000	3 000	3 000	4 000
Total Investments	0	0	0	0
Cash, Bank	380 000	390 000	495 000	376 000
Total Current Assets	442 000	506 000	665 000	486 000
Total Assets	665 000	773 000	980 000	852 000
Total Equity	320 000	275 000	347 000	227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	117 000	153 000	217 000	249 000
Creditors	34 000	32 000	53 000	33 000
Unpaid Taxes	61 000	67 000	91 000	98 000
Dividends	0	0	0	0
Other Current Debt	128 000	247 000	249 000	240 000
Total Current Debt	228 000	345 000	416 000	376 000
Total Equity and Debt	665 000	773 000	980 000	852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,06 %	−26,55 %	34,87 %	55,95 %
Debt-to-Equity Ratio	0,37	0,56	0,63	1,1
Operating Profit Margin	2,91 %	−3,39 %	5,25 %	5,3 %
Current Ratio	1,94	1,47	1,6	1,29
Quick Ratio	1,96	1,48	1,61	1,31
Equity Ratio	0,48	0,36	0,35	0,27
Gross Profit Margin	96,21 %	96,76 %	96,82 %	96,31 %