NORTHERN LIGHT ACADEMY

0356 OSLO

Finances

Share Ownership

Return on Equity

−78,26 %

Current Ratio

2,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 298 000	2 094 000	2 216 000	3 528 000
Net Income	−468 000	311 000	32 000	−541 000
Total Assets	911 000	1 253 000	1 083 000	1 056 000
Total Equity	598 000	1 065 000	754 000	722 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 298 000	2 094 000	2 216 000	3 528 000
Expenditure	2 761 000	1 783 000	2 183 000	4 007 000
Operating Profit	−463 000	311 000	33 000	−480 000
Financial Income	1 000	3 000	13 000	23 000
Financial Costs	6 000	3 000	15 000	13 000
Financial Balance	−5 000	0	−2 000	10 000
Earnings Before Tax	−468 000	311 000	32 000	−470 000
Tax	0	0	0	71 000
Net Income	−468 000	311 000	32 000	−541 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	34 000	38 000	42 000
Total Current Assets	813 000	1 218 000	1 045 000	1 015 000
Total Assets	911 000	1 253 000	1 083 000	1 056 000
Total Retained Equity	568 000	1 035 000	724 000	692 000
Total Equity	598 000	1 065 000	754 000	722 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	313 000	188 000	329 000	334 000
Total Equity and Debt	911 000	1 253 000	1 083 000	1 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 298 000	2 052 000	2 216 000	3 467 000
Other Income	0	42 000	0	61 000
Revenue	2 298 000	2 094 000	2 216 000	3 528 000
Cost of Goods Sold	709 000	545 000	578 000	1 462 000
Salary Costs	1 032 000	185 000	469 000	1 246 000
Depreciation	20 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	2 761 000	1 783 000	2 183 000	4 007 000
Operating Profit	−463 000	311 000	33 000	−480 000
Financial Income	1 000	3 000	13 000	23 000
Financial Costs	6 000	3 000	15 000	13 000
Financial Balance	−5 000	0	−2 000	10 000
Dividends	0	0	0	0
Net Income	−468 000	311 000	32 000	−541 000

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	0	0	0	0
Fixtures	90 000	27 000	31 000	34 000
Total Tangible Assets	90 000	27 000	31 000	34 000
Total Fiancial Fixed Assets	7 000	7 000	7 000	7 000
Total Fixed Assets	98 000	34 000	38 000	42 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	407 000	809 000	773 000	477 000
Total Current Assets	813 000	1 218 000	1 045 000	1 015 000
Total Assets	911 000	1 253 000	1 083 000	1 056 000
Total Equity	598 000	1 065 000	754 000	722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	88 000	37 000	31 000	56 000
Unpaid Taxes	130 000	50 000	57 000	116 000
Dividends	0	0	0	0
Other Current Debt	96 000	100 000	240 000	162 000
Total Current Debt	313 000	188 000	329 000	334 000
Total Equity and Debt	911 000	1 253 000	1 083 000	1 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−78,26 %	29,2 %	4,24 %	−74,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−20,15 %	14,85 %	1,49 %	−13,61 %
Current Ratio	2,6	6,48	3,18	3,04
Quick Ratio	2,6	6,48	3,18	3,04
Equity Ratio	0,66	0,85	0,7	0,68
Gross Profit Margin	69,15 %	73,97 %	73,92 %	58,56 %