TRAVELBAKERY AS

2322 RIDABU

Finances

Share Ownership

Return on Equity

278,92 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 535 000	1 239 000	2 301 000	5 383 000
Net Income	622 000	−541 000	−162 000	−123 000
Total Assets	2 348 000	1 395 000	418 000	1 743 000
Total Equity	223 000	−399 000	350 000	512 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 535 000	1 239 000	2 301 000	5 383 000
Expenditure	11 843 000	1 782 000	2 520 000	5 509 000
Operating Profit	691 000	−542 000	−219 000	−126 000
Financial Income	10 000	1 000	13 000	3 000
Financial Costs	93 000	0	0	0
Financial Balance	−83 000	1 000	13 000	3 000
Earnings Before Tax	609 000	−541 000	−206 000	−124 000
Tax	−13 000	0	−44 000	0
Net Income	622 000	−541 000	−162 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	12 000	2 000	7 000
Total Current Assets	2 324 000	1 383 000	416 000	1 736 000
Total Assets	2 348 000	1 395 000	418 000	1 743 000
Total Retained Equity	123 000	−499 000	250 000	412 000
Total Equity	223 000	−399 000	350 000	512 000
Total Long-Term Debt	0	300 000	0	0
Total Current Debt	2 124 000	1 493 000	68 000	1 231 000
Total Equity and Debt	2 348 000	1 395 000	418 000	1 743 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 897 000	1 156 000	2 301 000	5 383 000
Other Income	1 638 000	83 000	0	0
Revenue	12 535 000	1 239 000	2 301 000	5 383 000
Cost of Goods Sold	10 296 000	1 034 000	1 854 000	4 579 000
Salary Costs	760 000	433 000	403 000	491 000
Depreciation	17 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	11 843 000	1 782 000	2 520 000	5 509 000
Operating Profit	691 000	−542 000	−219 000	−126 000
Financial Income	10 000	1 000	13 000	3 000
Financial Costs	93 000	0	0	0
Financial Balance	−83 000	1 000	13 000	3 000
Dividends	0	0	0	0
Net Income	622 000	−541 000	−162 000	−123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	12 000	2 000	7 000
Total Tangible Assets	11 000	12 000	2 000	7 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	12 000	2 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	568 000	251 000	267 000	876 000
Total Current Assets	2 324 000	1 383 000	416 000	1 736 000
Total Assets	2 348 000	1 395 000	418 000	1 743 000
Total Equity	223 000	−399 000	350 000	512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	300 000	0	0
Creditors	350 000	139 000	0	0
Unpaid Taxes	59 000	50 000	28 000	40 000
Dividends	0	0	0	0
Other Current Debt	1 716 000	1 304 000	40 000	1 191 000
Total Current Debt	2 124 000	1 493 000	68 000	1 231 000
Total Equity and Debt	2 348 000	1 395 000	418 000	1 743 000

Financial indicators	2022	2021	2020	2019
Return on Equity	278,92 %	135,59 %	−46,29 %	−24,02 %
Debt-to-Equity Ratio	0	−0,75	0	0
Operating Profit Margin	5,51 %	−43,74 %	−9,52 %	−2,34 %
Current Ratio	1,09	0,93	6,12	1,41
Quick Ratio	1,09	0,93	6,12	1,41
Equity Ratio	0,09	−0,29	0,84	0,29
Gross Profit Margin	17,86 %	16,55 %	19,43 %	14,94 %