FLÅM TRAVEL AS

5743 FLÅM

Finances

Return on Equity

−96,94 %

Current Ratio

0,64

Debt-to-Equity Ratio

−8,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 506 000	5 340 000	124 000	689 000
Net Income	222 000	−376 000	−157 000	−54 000
Total Assets	2 057 000	2 569 000	399 000	173 000
Total Equity	−229 000	−451 000	−75 000	−208 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 506 000	5 340 000	124 000	689 000
Expenditure	5 148 000	5 636 000	275 000	741 000
Operating Profit	358 000	−297 000	−152 000	−52 000
Financial Income	0	0	0	1 000
Financial Costs	136 000	80 000	5 000	2 000
Financial Balance	−136 000	−80 000	−5 000	−1 000
Earnings Before Tax	222 000	−376 000	−157 000	−54 000
Tax	0	0	0	0
Net Income	222 000	−376 000	−157 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 781 000	2 154 000	351 000	111 000
Total Current Assets	276 000	415 000	49 000	62 000
Total Assets	2 057 000	2 569 000	399 000	173 000
Total Retained Equity	−549 000	−771 000	−395 000	−238 000
Total Equity	−229 000	−451 000	−75 000	−208 000
Total Long-Term Debt	1 854 000	2 089 000	304 000	0
Total Current Debt	432 000	931 000	170 000	382 000
Total Equity and Debt	2 057 000	2 569 000	399 000	173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 304 000	5 320 000	124 000	686 000
Other Income	202 000	20 000	0	3 000
Revenue	5 506 000	5 340 000	124 000	689 000
Cost of Goods Sold	356 000	328 000	12 000	266 000
Salary Costs	1 817 000	2 321 000	0	0
Depreciation	527 000	338 000	17 000	31 000
Impairment	0	0	0	0
Expenditure	5 148 000	5 636 000	275 000	741 000
Operating Profit	358 000	−297 000	−152 000	−52 000
Financial Income	0	0	0	1 000
Financial Costs	136 000	80 000	5 000	2 000
Financial Balance	−136 000	−80 000	−5 000	−1 000
Dividends	0	0	0	0
Net Income	222 000	−376 000	−157 000	−54 000

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	1 741 000	2 139 000	336 000	96 000
Total Tangible Assets	1 741 000	2 139 000	336 000	96 000
Total Fiancial Fixed Assets	39 000	15 000	15 000	15 000
Total Fixed Assets	1 781 000	2 154 000	351 000	111 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	−53 000	0	5 000
Total Current Assets	276 000	415 000	49 000	62 000
Total Assets	2 057 000	2 569 000	399 000	173 000
Total Equity	−229 000	−451 000	−75 000	−208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 854 000	2 089 000	304 000	0
Creditors	129 000	426 000	49 000	139 000
Unpaid Taxes	76 000	146 000	0	0
Dividends	0	0	0	0
Other Current Debt	227 000	359 000	122 000	243 000
Total Current Debt	432 000	931 000	170 000	382 000
Total Equity and Debt	2 057 000	2 569 000	399 000	173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−96,94 %	83,37 %	209,33 %	25,96 %
Debt-to-Equity Ratio	−8,1	−4,63	−4,05	−0
Operating Profit Margin	6,5 %	−5,56 %	−122,58 %	−7,55 %
Current Ratio	0,64	0,45	0,29	0,16
Quick Ratio	0,64	0,45	0,29	0,16
Equity Ratio	−0,11	−0,18	−0,19	−1,2
Gross Profit Margin	93,53 %	93,86 %	90,32 %	61,39 %