NORWEGIAN TOUR BUSES/NORSKE TURBUSSER AS

4617 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

41,55 %

Current Ratio

0,41

Debt-to-Equity Ratio

−2,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 269 000	2 798 000	1 722 000	3 107 000
Net Income	−337 000	−452 000	−578 000	103 000
Total Assets	4 914 000	6 341 000	6 478 000	8 509 000
Total Equity	−811 000	−474 000	−23 000	556 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 269 000	2 798 000	1 722 000	3 107 000
Expenditure	4 339 000	2 826 000	2 005 000	2 497 000
Operating Profit	−70 000	−27 000	−283 000	610 000
Financial Income	4 000	18 000	4 000	2 000
Financial Costs	363 000	453 000	452 000	480 000
Financial Balance	−359 000	−435 000	−448 000	−478 000
Earnings Before Tax	−430 000	−463 000	−732 000	132 000
Tax	−93 000	−11 000	−154 000	29 000
Net Income	−337 000	−452 000	−578 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 531 000	5 266 000	5 915 000	6 901 000
Total Current Assets	1 383 000	1 074 000	562 000	1 608 000
Total Assets	4 914 000	6 341 000	6 478 000	8 509 000
Total Retained Equity	−829 000	−492 000	−41 000	538 000
Total Equity	−811 000	−474 000	−23 000	556 000
Total Long-Term Debt	2 378 000	5 340 000	6 057 000	7 213 000
Total Current Debt	3 346 000	1 475 000	443 000	740 000
Total Equity and Debt	4 914 000	6 341 000	6 478 000	8 509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 080 000	2 503 000	1 314 000	3 107 000
Other Income	189 000	295 000	407 000	0
Revenue	4 269 000	2 798 000	1 722 000	3 107 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	793 000	372 000	110 000	318 000
Depreciation	660 000	660 000	1 072 000	755 000
Impairment	0	0	0	0
Expenditure	4 339 000	2 826 000	2 005 000	2 497 000
Operating Profit	−70 000	−27 000	−283 000	610 000
Financial Income	4 000	18 000	4 000	2 000
Financial Costs	363 000	453 000	452 000	480 000
Financial Balance	−359 000	−435 000	−448 000	−478 000
Dividends	0	0	0	0
Net Income	−337 000	−452 000	−578 000	103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	190 000	97 000	86 000	0
Real Eastate	1 873 000	1 915 000	1 957 000	1 999 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 468 000	3 255 000	3 873 000	4 903 000
Total Tangible Assets	3 341 000	5 170 000	5 830 000	6 901 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 531 000	5 266 000	5 915 000	6 901 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	235 000	157 000	42 000	73 000
Total Current Assets	1 383 000	1 074 000	562 000	1 608 000
Total Assets	4 914 000	6 341 000	6 478 000	8 509 000
Total Equity	−811 000	−474 000	−23 000	556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 378 000	5 340 000	6 057 000	7 213 000
Creditors	2 424 000	1 090 000	250 000	630 000
Unpaid Taxes	277 000	0	−41 000	−156 000
Dividends	0	0	0	0
Other Current Debt	645 000	384 000	234 000	267 000
Total Current Debt	3 346 000	1 475 000	443 000	740 000
Total Equity and Debt	4 914 000	6 341 000	6 478 000	8 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,55 %	95,36 %	2 513,04 %	18,53 %
Debt-to-Equity Ratio	−2,93	−11,27	−263,35	12,97
Operating Profit Margin	−1,64 %	−0,96 %	−16,43 %	19,63 %
Current Ratio	0,41	0,73	1,27	2,17
Quick Ratio	0,41	0,73	1,27	2,17
Equity Ratio	−0,17	−0,07	−0	0,07
Gross Profit Margin	99,98 %	100 %	100 %	100 %