NORSK KYSTKULTURAKADEMI AS

6924 HARDBAKKE

Finances

Return on Equity

5,44 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 540 000	2 490 000	1 659 000	2 388 000
Net Income	36 000	9 000	2 000	5 000
Total Assets	1 669 000	817 000	820 000	689 000
Total Equity	662 000	226 000	218 000	215 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 540 000	2 490 000	1 659 000	2 388 000
Expenditure	3 507 000	2 484 000	1 660 000	2 385 000
Operating Profit	32 000	7 000	−1 000	3 000
Financial Income	3 000	3 000	3 000	2 000
Financial Costs	0	1 000	0	1 000
Financial Balance	3 000	2 000	3 000	1 000
Earnings Before Tax	36 000	9 000	2 000	5 000
Tax	0	0	0	0
Net Income	36 000	9 000	2 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	627 000	308 000	311 000	294 000
Total Current Assets	1 042 000	509 000	509 000	395 000
Total Assets	1 669 000	817 000	820 000	689 000
Total Retained Equity	2 000	−34 000	−43 000	−45 000
Total Equity	662 000	226 000	218 000	215 000
Total Long-Term Debt	430 000	270 000	310 000	100 000
Total Current Debt	577 000	321 000	292 000	374 000
Total Equity and Debt	1 669 000	817 000	820 000	689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 109 000	360 000	90 000	191 000
Other Income	430 000	2 129 000	1 569 000	2 197 000
Revenue	3 540 000	2 490 000	1 659 000	2 388 000
Cost of Goods Sold	576 000	375 000	171 000	268 000
Salary Costs	2 062 000	1 588 000	1 089 000	1 662 000
Depreciation	49 000	31 000	27 000	24 000
Impairment	0	0	0	0
Expenditure	3 507 000	2 484 000	1 660 000	2 385 000
Operating Profit	32 000	7 000	−1 000	3 000
Financial Income	3 000	3 000	3 000	2 000
Financial Costs	0	1 000	0	1 000
Financial Balance	3 000	2 000	3 000	1 000
Dividends	0	0	0	0
Net Income	36 000	9 000	2 000	5 000

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	627 000	0	0	0
Fixtures	0	203 000	205 000	193 000
Total Tangible Assets	627 000	203 000	205 000	193 000
Total Fiancial Fixed Assets	0	105 000	105 000	100 000
Total Fixed Assets	627 000	308 000	311 000	294 000
Stock	0	0	0	0
Total Investments	105 000	0	0	0
Cash, Bank	465 000	289 000	491 000	368 000
Total Current Assets	1 042 000	509 000	509 000	395 000
Total Assets	1 669 000	817 000	820 000	689 000
Total Equity	662 000	226 000	218 000	215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	430 000	270 000	310 000	100 000
Creditors	95 000	17 000	15 000	50 000
Unpaid Taxes	275 000	182 000	126 000	157 000
Dividends	0	0	0	0
Other Current Debt	207 000	122 000	151 000	166 000
Total Current Debt	577 000	321 000	292 000	374 000
Total Equity and Debt	1 669 000	817 000	820 000	689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,44 %	3,98 %	0,92 %	2,33 %
Debt-to-Equity Ratio	0,65	1,19	1,42	0,47
Operating Profit Margin	0,9 %	0,28 %	−0,06 %	0,13 %
Current Ratio	1,81	1,59	1,74	1,06
Quick Ratio	1,81	1,59	1,74	1,06
Equity Ratio	0,4	0,28	0,27	0,31
Gross Profit Margin	83,73 %	84,94 %	89,69 %	88,78 %