STIFTELSEN VEFSN FOLKEHØGSKOLE

8665 MOSJØEN

Finances

Share Ownership

Return on Equity

−12,83 %

Current Ratio

2,78

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 638 000	22 802 000	22 439 000	22 754 000
Net Income	−1 696 000	1 431 000	2 379 000	357 000
Total Assets	37 614 000	40 242 000	40 031 000	38 692 000
Total Equity	13 214 000	14 910 000	13 479 000	11 100 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 638 000	22 802 000	22 439 000	22 754 000
Expenditure	24 599 000	20 849 000	19 411 000	21 586 000
Operating Profit	−960 000	1 952 000	3 028 000	1 168 000
Financial Income	98 000	17 000	48 000	56 000
Financial Costs	834 000	538 000	697 000	868 000
Financial Balance	−736 000	−521 000	−649 000	−812 000
Earnings Before Tax	−1 696 000	1 431 000	2 379 000	357 000
Tax	0	0	0	0
Net Income	−1 696 000	1 431 000	2 379 000	357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 101 000	31 502 000	33 435 000	35 041 000
Total Current Assets	7 513 000	8 740 000	6 596 000	3 651 000
Total Assets	37 614 000	40 242 000	40 031 000	38 692 000
Total Retained Equity	12 214 000	13 910 000	12 479 000	10 100 000
Total Equity	13 214 000	14 910 000	13 479 000	11 100 000
Total Long-Term Debt	21 699 000	22 922 000	24 150 000	25 551 000
Total Current Debt	2 701 000	2 410 000	2 403 000	2 041 000
Total Equity and Debt	37 614 000	40 242 000	40 031 000	38 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 638 000	22 802 000	22 411 000	22 733 000
Other Income	0	0	28 000	21 000
Revenue	23 638 000	22 802 000	22 439 000	22 754 000
Cost of Goods Sold	0	0	0	0
Salary Costs	12 462 000	11 235 000	11 521 000	11 123 000
Depreciation	1 934 000	1 947 000	2 021 000	1 852 000
Impairment	0	0	0	0
Expenditure	24 599 000	20 849 000	19 411 000	21 586 000
Operating Profit	−960 000	1 952 000	3 028 000	1 168 000
Financial Income	98 000	17 000	48 000	56 000
Financial Costs	834 000	538 000	697 000	868 000
Financial Balance	−736 000	−521 000	−649 000	−812 000
Dividends	0	0	0	0
Net Income	−1 696 000	1 431 000	2 379 000	357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 406 000	31 143 000	32 880 000	34 372 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	695 000	359 000	555 000	669 000
Total Tangible Assets	30 101 000	31 502 000	33 435 000	35 041 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 101 000	31 502 000	33 435 000	35 041 000
Stock	66 000	65 000	68 000	53 000
Total Investments	0	0	0	0
Cash, Bank	6 711 000	8 122 000	5 978 000	3 281 000
Total Current Assets	7 513 000	8 740 000	6 596 000	3 651 000
Total Assets	37 614 000	40 242 000	40 031 000	38 692 000
Total Equity	13 214 000	14 910 000	13 479 000	11 100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 699 000	22 922 000	24 150 000	25 551 000
Creditors	856 000	815 000	944 000	945 000
Unpaid Taxes	640 000	542 000	475 000	99 000
Dividends	0	0	0	0
Other Current Debt	1 205 000	1 054 000	983 000	997 000
Total Current Debt	2 701 000	2 410 000	2 403 000	2 041 000
Total Equity and Debt	37 614 000	40 242 000	40 031 000	38 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,83 %	9,6 %	17,65 %	3,22 %
Debt-to-Equity Ratio	1,64	1,54	1,79	2,3
Operating Profit Margin	−4,06 %	8,56 %	13,49 %	5,13 %
Current Ratio	2,78	3,63	2,74	1,79
Quick Ratio	2,85	3,73	2,82	1,84
Equity Ratio	0,35	0,37	0,34	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %