FLYT TRAFIKKSKOLE AS

1466 STRØMMEN

Finances

Share Ownership

Return on Equity

26,02 %

Current Ratio

0,17

Debt-to-Equity Ratio

−1,19

Key figures (NOK)	2021	2020	2019	2018
Revenue	12 031 000	11 254 000	11 941 000	9 700 000
Net Income	−737 000	−1 321 000	218 000	−672 000
Total Assets	3 241 000	5 005 000	3 509 000	3 049 000
Total Equity	−2 832 000	−2 095 000	−774 000	−992 000

Income (NOK)	2021	2020	2019	2018
Revenue	12 031 000	11 254 000	11 941 000	9 700 000
Expenditure	12 530 000	12 369 000	11 566 000	10 250 000
Operating Profit	−499 000	−1 115 000	376 000	−549 000
Financial Income	4 000	6 000	2 000	10 000
Financial Costs	242 000	212 000	159 000	133 000
Financial Balance	−238 000	−206 000	−157 000	−123 000
Earnings Before Tax	−737 000	−1 321 000	218 000	−672 000
Tax	0	0	0	0
Net Income	−737 000	−1 321 000	218 000	−672 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 795 000	3 281 000	2 262 000	2 690 000
Total Current Assets	447 000	1 724 000	1 247 000	359 000
Total Assets	3 241 000	5 005 000	3 509 000	3 049 000
Total Retained Equity	−2 982 000	−2 245 000	−924 000	−1 142 000
Total Equity	−2 832 000	−2 095 000	−774 000	−992 000
Total Long-Term Debt	3 382 000	3 588 000	2 108 000	2 461 000
Total Current Debt	2 691 000	3 512 000	2 176 000	1 580 000
Total Equity and Debt	3 241 000	5 005 000	3 509 000	3 049 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	12 031 000	10 910 000	11 903 000	9 625 000
Other Income	0	345 000	38 000	75 000
Revenue	12 031 000	11 254 000	11 941 000	9 700 000
Cost of Goods Sold	44 000	1 129 000	1 158 000	17 000
Salary Costs	7 286 000	6 224 000	5 810 000	5 776 000
Depreciation	1 149 000	1 027 000	859 000	783 000
Impairment	0	0	0	0
Expenditure	12 530 000	12 369 000	11 566 000	10 250 000
Operating Profit	−499 000	−1 115 000	376 000	−549 000
Financial Income	4 000	6 000	2 000	10 000
Financial Costs	242 000	212 000	159 000	133 000
Financial Balance	−238 000	−206 000	−157 000	−123 000
Dividends	0	0	0	0
Net Income	−737 000	−1 321 000	218 000	−672 000

Balance details (NOK)	2021	2020	2019	2018
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	2 644 000	3 187 000	2 200 000	2 581 000
Total Tangible Assets	2 644 000	3 187 000	2 200 000	2 581 000
Total Fiancial Fixed Assets	150 000	94 000	62 000	110 000
Total Fixed Assets	2 795 000	3 281 000	2 262 000	2 690 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	165 000	972 000	880 000	268 000
Total Current Assets	447 000	1 724 000	1 247 000	359 000
Total Assets	3 241 000	5 005 000	3 509 000	3 049 000
Total Equity	−2 832 000	−2 095 000	−774 000	−992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 382 000	3 588 000	2 108 000	2 461 000
Creditors	229 000	486 000	256 000	366 000
Unpaid Taxes	483 000	395 000	342 000	317 000
Dividends	0	0	0	0
Other Current Debt	1 979 000	2 188 000	1 578 000	897 000
Total Current Debt	2 691 000	3 512 000	2 176 000	1 580 000
Total Equity and Debt	3 241 000	5 005 000	3 509 000	3 049 000

Financial indicators	2021	2020	2019	2018
Return on Equity	26,02 %	63,05 %	−28,17 %	67,74 %
Debt-to-Equity Ratio	−1,19	−1,71	−2,72	−2,48
Operating Profit Margin	−4,15 %	−9,91 %	3,15 %	−5,66 %
Current Ratio	0,17	0,49	0,57	0,23
Quick Ratio	0,17	0,49	0,57	0,23
Equity Ratio	−0,87	−0,42	−0,22	−0,33
Gross Profit Margin	99,63 %	89,97 %	90,3 %	99,82 %