TRAVEL RETAIL NORWAY AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

45,62 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 220 451 000	1 345 177 000	1 337 013 000	5 738 208 000
Net Income	70 211 000	−20 175 000	−105 086 000	150 770 000
Total Assets	651 900 000	304 822 000	327 811 000	517 546 000
Total Equity	153 919 000	83 708 000	103 883 000	208 968 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 220 451 000	1 345 177 000	1 337 013 000	5 738 208 000
Expenditure	4 134 565 000	1 389 081 000	1 451 795 000	5 548 918 000
Operating Profit	85 886 000	−43 904 000	−114 783 000	189 289 000
Financial Income	8 341 000	1 114 000	4 754 000	10 357 000
Financial Costs	4 182 000	4 584 000	3 073 000	6 390 000
Financial Balance	4 159 000	−3 470 000	1 681 000	3 967 000
Earnings Before Tax	90 044 000	−47 375 000	−113 101 000	193 256 000
Tax	19 833 000	−27 200 000	−8 015 000	42 486 000
Net Income	70 211 000	−20 175 000	−105 086 000	150 770 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 029 000	80 968 000	109 048 000	156 146 000
Total Current Assets	510 871 000	223 854 000	218 763 000	361 400 000
Total Assets	651 900 000	304 822 000	327 811 000	517 546 000
Total Retained Equity	143 914 000	73 703 000	93 878 000	198 964 000
Total Equity	153 919 000	83 708 000	103 883 000	208 968 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	497 981 000	221 114 000	223 929 000	308 578 000
Total Equity and Debt	651 900 000	304 822 000	327 811 000	517 546 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 176 854 000	1 332 393 000	1 322 793 000	5 681 985 000
Other Income	43 597 000	12 783 000	14 220 000	56 222 000
Revenue	4 220 451 000	1 345 177 000	1 337 013 000	5 738 208 000
Cost of Goods Sold	1 504 823 000	509 098 000	517 409 000	2 054 817 000
Salary Costs	331 372 000	144 490 000	167 742 000	415 878 000
Depreciation	47 988 000	56 007 000	63 200 000	66 582 000
Impairment	0	0	0	0
Expenditure	4 134 565 000	1 389 081 000	1 451 795 000	5 548 918 000
Operating Profit	85 886 000	−43 904 000	−114 783 000	189 289 000
Financial Income	8 341 000	1 114 000	4 754 000	10 357 000
Financial Costs	4 182 000	4 584 000	3 073 000	6 390 000
Financial Balance	4 159 000	−3 470 000	1 681 000	3 967 000
Dividends	0	0	0	0
Net Income	70 211 000	−20 175 000	−105 086 000	150 770 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 500 000	39 334 000	12 134 000	10 719 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	121 528 000	41 634 000	96 914 000	145 427 000
Total Tangible Assets	121 528 000	41 634 000	96 914 000	145 427 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	141 029 000	80 968 000	109 048 000	156 146 000
Stock	125 451 000	96 613 000	80 773 000	127 537 000
Total Investments	0	0	0	0
Cash, Bank	237 276 000	37 022 000	44 538 000	65 599 000
Total Current Assets	510 871 000	223 854 000	218 763 000	361 400 000
Total Assets	651 900 000	304 822 000	327 811 000	517 546 000
Total Equity	153 919 000	83 708 000	103 883 000	208 968 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	262 912 000	127 762 000	94 551 000	143 733 000
Unpaid Taxes	26 612 000	17 746 000	8 091 000	31 639 000
Dividends	0	0	0	0
Other Current Debt	66 074 000	23 395 000	21 768 000	89 168 000
Total Current Debt	497 981 000	221 114 000	223 929 000	308 578 000
Total Equity and Debt	651 900 000	304 822 000	327 811 000	517 546 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,62 %	−24,1 %	−101,16 %	72,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,03 %	−3,26 %	−8,59 %	3,3 %
Current Ratio	1,03	1,01	0,98	1,17
Quick Ratio	1,37	1,8	1,53	2
Equity Ratio	0,24	0,27	0,32	0,4
Gross Profit Margin	64,34 %	62,15 %	61,3 %	64,19 %