LOFOTEN KJØRESKOLE AS

8372 GRAVDAL

Finances

Share Ownership

Return on Equity

−8,06 %

Current Ratio

8,18

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 000	42 000	741 000	908 000
Net Income	−72 000	−205 000	188 000	148 000
Total Assets	1 209 000	1 279 000	1 605 000	1 438 000
Total Equity	893 000	965 000	1 169 000	982 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 000	42 000	741 000	908 000
Expenditure	202 000	239 000	489 000	699 000
Operating Profit	−66 000	−197 000	252 000	209 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	7 000	17 000
Financial Balance	−6 000	−7 000	−7 000	−17 000
Earnings Before Tax	−72 000	−205 000	245 000	192 000
Tax	0	0	57 000	44 000
Net Income	−72 000	−205 000	188 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	138 000	271 000	318 000	401 000
Total Current Assets	1 071 000	1 008 000	1 287 000	1 037 000
Total Assets	1 209 000	1 279 000	1 605 000	1 438 000
Total Retained Equity	863 000	935 000	1 139 000	952 000
Total Equity	893 000	965 000	1 169 000	982 000
Total Long-Term Debt	185 000	224 000	263 000	289 000
Total Current Debt	131 000	90 000	173 000	167 000
Total Equity and Debt	1 209 000	1 279 000	1 605 000	1 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 000	42 000	721 000	908 000
Other Income	0	0	20 000	0
Revenue	135 000	42 000	741 000	908 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 000	0	205 000	290 000
Depreciation	42 000	47 000	52 000	47 000
Impairment	0	0	0	0
Expenditure	202 000	239 000	489 000	699 000
Operating Profit	−66 000	−197 000	252 000	209 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	7 000	17 000
Financial Balance	−6 000	−7 000	−7 000	−17 000
Dividends	0	0	0	0
Net Income	−72 000	−205 000	188 000	148 000

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	80 000	123 000	170 000	190 000
Total Tangible Assets	80 000	123 000	170 000	190 000
Total Fiancial Fixed Assets	57 000	149 000	149 000	211 000
Total Fixed Assets	138 000	271 000	318 000	401 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	14 000	251 000	160 000
Total Current Assets	1 071 000	1 008 000	1 287 000	1 037 000
Total Assets	1 209 000	1 279 000	1 605 000	1 438 000
Total Equity	893 000	965 000	1 169 000	982 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	185 000	224 000	263 000	289 000
Creditors	64 000	26 000	38 000	46 000
Unpaid Taxes	8 000	8 000	20 000	14 000
Dividends	0	0	0	0
Other Current Debt	59 000	57 000	57 000	63 000
Total Current Debt	131 000	90 000	173 000	167 000
Total Equity and Debt	1 209 000	1 279 000	1 605 000	1 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,06 %	−21,24 %	16,08 %	15,07 %
Debt-to-Equity Ratio	0,21	0,23	0,22	0,29
Operating Profit Margin	−48,89 %	−469,05 %	34,01 %	23,02 %
Current Ratio	8,18	11,2	7,44	6,21
Quick Ratio	8,18	11,2	7,44	6,21
Equity Ratio	0,74	0,75	0,73	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %