VESTNES TRAFIKKSKOLE AS

5308 KLEPPESTØ

Finances

Share Ownership

Return on Equity

31,51 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 148 000	3 481 000	3 015 000	3 281 000
Net Income	167 000	614 000	226 000	211 000
Total Assets	2 143 000	2 778 000	1 931 000	1 836 000
Total Equity	530 000	364 000	149 000	123 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 148 000	3 481 000	3 015 000	3 281 000
Expenditure	2 928 000	2 688 000	2 718 000	3 005 000
Operating Profit	220 000	794 000	297 000	278 000
Financial Income	0	0	0	0
Financial Costs	6 000	5 000	7 000	7 000
Financial Balance	−6 000	−5 000	−7 000	−7 000
Earnings Before Tax	214 000	789 000	290 000	272 000
Tax	47 000	175 000	64 000	61 000
Net Income	167 000	614 000	226 000	211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	744 000	1 279 000	614 000	871 000
Total Current Assets	1 398 000	1 500 000	1 317 000	964 000
Total Assets	2 143 000	2 778 000	1 931 000	1 836 000
Total Retained Equity	410 000	244 000	29 000	3 000
Total Equity	530 000	364 000	149 000	123 000
Total Long-Term Debt	407 000	619 000	198 000	395 000
Total Current Debt	1 205 000	1 796 000	1 584 000	1 317 000
Total Equity and Debt	2 143 000	2 778 000	1 931 000	1 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 050 000	3 481 000	2 961 000	3 241 000
Other Income	98 000	0	54 000	41 000
Revenue	3 148 000	3 481 000	3 015 000	3 281 000
Cost of Goods Sold	0	0	0	3 000
Salary Costs	1 709 000	1 375 000	1 628 000	1 744 000
Depreciation	278 000	343 000	250 000	226 000
Impairment	0	0	0	0
Expenditure	2 928 000	2 688 000	2 718 000	3 005 000
Operating Profit	220 000	794 000	297 000	278 000
Financial Income	0	0	0	0
Financial Costs	6 000	5 000	7 000	7 000
Financial Balance	−6 000	−5 000	−7 000	−7 000
Dividends	0	400 000	200 000	250 000
Net Income	167 000	614 000	226 000	211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	17 000	15 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	727 000	1 258 000	599 000	849 000
Total Tangible Assets	727 000	1 258 000	599 000	849 000
Total Fiancial Fixed Assets	4 000	4 000	0	22 000
Total Fixed Assets	744 000	1 279 000	614 000	871 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	595 000	972 000	821 000	534 000
Total Current Assets	1 398 000	1 500 000	1 317 000	964 000
Total Assets	2 143 000	2 778 000	1 931 000	1 836 000
Total Equity	530 000	364 000	149 000	123 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	407 000	619 000	198 000	395 000
Creditors	79 000	44 000	19 000	23 000
Unpaid Taxes	282 000	133 000	164 000	160 000
Dividends	0	400 000	200 000	250 000
Other Current Debt	800 000	1 042 000	1 117 000	827 000
Total Current Debt	1 205 000	1 796 000	1 584 000	1 317 000
Total Equity and Debt	2 143 000	2 778 000	1 931 000	1 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,51 %	168,68 %	151,68 %	171,54 %
Debt-to-Equity Ratio	0,77	1,7	1,33	3,21
Operating Profit Margin	6,99 %	22,81 %	9,85 %	8,47 %
Current Ratio	1,16	0,84	0,83	0,73
Quick Ratio	1,16	0,84	0,83	0,73
Equity Ratio	0,25	0,13	0,08	0,07
Gross Profit Margin	100 %	100 %	100 %	99,91 %