SPITZBERGEN REISEN AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

37,34 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 058 000	2 302 000	2 580 000	5 742 000
Net Income	519 000	−941 000	−494 000	747 000
Total Assets	4 110 000	2 629 000	2 685 000	3 293 000
Total Equity	1 390 000	871 000	1 354 000	1 847 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 058 000	2 302 000	2 580 000	5 742 000
Expenditure	8 535 000	3 374 000	3 076 000	4 843 000
Operating Profit	524 000	−1 072 000	−496 000	899 000
Financial Income	34 000	5 000	14 000	25 000
Financial Costs	39 000	16 000	11 000	13 000
Financial Balance	−5 000	−11 000	3 000	12 000
Earnings Before Tax	519 000	−1 083 000	−494 000	910 000
Tax	0	−142 000	0	163 000
Net Income	519 000	−941 000	−494 000	747 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	998 000	654 000	1 238 000	1 309 000
Total Current Assets	3 112 000	1 976 000	1 447 000	1 984 000
Total Assets	4 110 000	2 629 000	2 685 000	3 293 000
Total Retained Equity	308 000	−210 000	731 000	1 225 000
Total Equity	1 390 000	871 000	1 354 000	1 847 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 720 000	1 758 000	1 332 000	1 446 000
Total Equity and Debt	4 110 000	2 629 000	2 685 000	3 293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 056 000	833 000	1 908 000	5 742 000
Other Income	2 000	1 469 000	672 000	0
Revenue	9 058 000	2 302 000	2 580 000	5 742 000
Cost of Goods Sold	2 909 000	293 000	480 000	1 683 000
Salary Costs	3 441 000	1 210 000	566 000	1 429 000
Depreciation	166 000	218 000	257 000	331 000
Impairment	0	0	0	0
Expenditure	8 535 000	3 374 000	3 076 000	4 843 000
Operating Profit	524 000	−1 072 000	−496 000	899 000
Financial Income	34 000	5 000	14 000	25 000
Financial Costs	39 000	16 000	11 000	13 000
Financial Balance	−5 000	−11 000	3 000	12 000
Dividends	0	0	0	0
Net Income	519 000	−941 000	−494 000	747 000

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	20 000	0	0
Fixtures	673 000	212 000	278 000	687 000
Total Tangible Assets	673 000	232 000	278 000	687 000
Total Fiancial Fixed Assets	325 000	422 000	960 000	622 000
Total Fixed Assets	998 000	654 000	1 238 000	1 309 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 981 000	832 000	1 034 000	576 000
Total Current Assets	3 112 000	1 976 000	1 447 000	1 984 000
Total Assets	4 110 000	2 629 000	2 685 000	3 293 000
Total Equity	1 390 000	871 000	1 354 000	1 847 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−148 000	142 000	309 000	61 000
Unpaid Taxes	54 000	29 000	2 000	46 000
Dividends	0	0	0	0
Other Current Debt	2 814 000	1 587 000	1 020 000	1 170 000
Total Current Debt	2 720 000	1 758 000	1 332 000	1 446 000
Total Equity and Debt	4 110 000	2 629 000	2 685 000	3 293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,34 %	−108,04 %	−36,48 %	40,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,78 %	−46,57 %	−19,22 %	15,66 %
Current Ratio	1,14	1,12	1,09	1,37
Quick Ratio	1,14	1,12	1,09	1,37
Equity Ratio	0,34	0,33	0,5	0,56
Gross Profit Margin	67,88 %	87,27 %	81,4 %	70,69 %