REISEAKADEMIET AS

1632 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

56,25 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 242 000	1 675 000	1 664 000	1 495 000
Net Income	378 000	−124 000	−47 000	−235 000
Total Assets	3 827 000	1 618 000	1 090 000	1 652 000
Total Equity	672 000	294 000	168 000	−185 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 242 000	1 675 000	1 664 000	1 495 000
Expenditure	6 868 000	1 800 000	1 711 000	1 731 000
Operating Profit	374 000	−125 000	−47 000	−237 000
Financial Income	4 000	1 000	4 000	2 000
Financial Costs	1 000	0	4 000	0
Financial Balance	3 000	1 000	0	2 000
Earnings Before Tax	378 000	−124 000	−47 000	−235 000
Tax	0	0	0	0
Net Income	378 000	−124 000	−47 000	−235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 827 000	1 618 000	1 090 000	1 652 000
Total Assets	3 827 000	1 618 000	1 090 000	1 652 000
Total Retained Equity	172 000	−206 000	−82 000	−235 000
Total Equity	672 000	294 000	168 000	−185 000
Total Long-Term Debt	407 000	650 000	600 000	500 000
Total Current Debt	2 749 000	673 000	322 000	1 337 000
Total Equity and Debt	3 827 000	1 618 000	1 090 000	1 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 175 000	1 666 000	1 420 000	1 495 000
Other Income	67 000	9 000	244 000	0
Revenue	7 242 000	1 675 000	1 664 000	1 495 000
Cost of Goods Sold	5 960 000	1 275 000	1 190 000	1 352 000
Salary Costs	14 000	17 000	144 000	155 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 868 000	1 800 000	1 711 000	1 731 000
Operating Profit	374 000	−125 000	−47 000	−237 000
Financial Income	4 000	1 000	4 000	2 000
Financial Costs	1 000	0	4 000	0
Financial Balance	3 000	1 000	0	2 000
Dividends	0	0	0	0
Net Income	378 000	−124 000	−47 000	−235 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 373 000	1 131 000	310 000	937 000
Total Current Assets	3 827 000	1 618 000	1 090 000	1 652 000
Total Assets	3 827 000	1 618 000	1 090 000	1 652 000
Total Equity	672 000	294 000	168 000	−185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	407 000	650 000	600 000	500 000
Creditors	199 000	106 000	8 000	137 000
Unpaid Taxes	0	1 000	5 000	19 000
Dividends	0	0	0	0
Other Current Debt	2 549 000	566 000	309 000	1 181 000
Total Current Debt	2 749 000	673 000	322 000	1 337 000
Total Equity and Debt	3 827 000	1 618 000	1 090 000	1 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,25 %	−42,18 %	−27,98 %	127,03 %
Debt-to-Equity Ratio	0,61	2,21	3,57	−2,7
Operating Profit Margin	5,16 %	−7,46 %	−2,82 %	−15,85 %
Current Ratio	1,39	2,4	3,39	1,24
Quick Ratio	1,39	2,4	3,39	1,24
Equity Ratio	0,18	0,18	0,15	−0,11
Gross Profit Margin	17,7 %	23,88 %	28,49 %	9,57 %