LET'S DRIVE TRAFIKKSKOLE AS

1255 OSLO

Finances

Share Ownership

Return on Equity

175 %

Current Ratio

0,76

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 331 000	4 133 000	4 158 000	3 089 000
Net Income	−70 000	10 000	273 000	188 000
Total Assets	606 000	458 000	1 061 000	1 264 000
Total Equity	−40 000	30 000	208 000	385 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 331 000	4 133 000	4 158 000	3 089 000
Expenditure	4 401 000	4 090 000	3 680 000	2 858 000
Operating Profit	−70 000	44 000	478 000	231 000
Financial Income	0	0	4 000	0
Financial Costs	0	0	18 000	28 000
Financial Balance	0	0	−14 000	−28 000
Earnings Before Tax	−70 000	44 000	464 000	202 000
Tax	0	34 000	191 000	14 000
Net Income	−70 000	10 000	273 000	188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 000	351 000	558 000	916 000
Total Current Assets	494 000	107 000	503 000	348 000
Total Assets	606 000	458 000	1 061 000	1 264 000
Total Retained Equity	−70 000	0	178 000	355 000
Total Equity	−40 000	30 000	208 000	385 000
Total Long-Term Debt	0	0	0	666 000
Total Current Debt	646 000	428 000	854 000	214 000
Total Equity and Debt	606 000	458 000	1 061 000	1 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 331 000	4 134 000	4 119 000	3 089 000
Other Income	0	−1 000	39 000	0
Revenue	4 331 000	4 133 000	4 158 000	3 089 000
Cost of Goods Sold	0	1 000	1 000	6 000
Salary Costs	2 874 000	2 506 000	2 240 000	1 620 000
Depreciation	156 000	255 000	370 000	331 000
Impairment	0	0	0	0
Expenditure	4 401 000	4 090 000	3 680 000	2 858 000
Operating Profit	−70 000	44 000	478 000	231 000
Financial Income	0	0	4 000	0
Financial Costs	0	0	18 000	28 000
Financial Balance	0	0	−14 000	−28 000
Dividends	0	188 000	450 000	0
Net Income	−70 000	10 000	273 000	188 000

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	88 000	0	0	0
Fixtures	37 000	280 000	487 000	857 000
Total Tangible Assets	124 000	280 000	487 000	857 000
Total Fiancial Fixed Assets	−12 000	71 000	71 000	59 000
Total Fixed Assets	112 000	351 000	558 000	916 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	341 000	44 000	436 000	122 000
Total Current Assets	494 000	107 000	503 000	348 000
Total Assets	606 000	458 000	1 061 000	1 264 000
Total Equity	−40 000	30 000	208 000	385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	666 000
Creditors	5 000	−52 000	4 000	54 000
Unpaid Taxes	0	0	28 000	−9 000
Dividends	0	188 000	450 000	0
Other Current Debt	453 000	258 000	231 000	154 000
Total Current Debt	646 000	428 000	854 000	214 000
Total Equity and Debt	606 000	458 000	1 061 000	1 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	175 %	33,33 %	131,25 %	48,83 %
Debt-to-Equity Ratio	−0	0	0	1,73
Operating Profit Margin	−1,62 %	1,06 %	11,5 %	7,48 %
Current Ratio	0,76	0,25	0,59	1,63
Quick Ratio	0,76	0,25	0,59	1,63
Equity Ratio	−0,07	0,07	0,2	0,3
Gross Profit Margin	100 %	99,98 %	99,98 %	99,81 %