EXPRESS REISER AS

1710 SARPSBORG

Finances

Share Ownership

Return on Equity

157,74 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 632 000	11 687 000	7 286 000	4 973 000
Net Income	265 000	175 000	30 000	438 000
Total Assets	874 000	3 794 000	4 308 000	2 328 000
Total Equity	168 000	403 000	1 489 000	1 459 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 632 000	11 687 000	7 286 000	4 973 000
Expenditure	9 169 000	11 368 000	7 147 000	4 334 000
Operating Profit	463 000	320 000	139 000	639 000
Financial Income	0	0	0	0
Financial Costs	91 000	96 000	100 000	78 000
Financial Balance	−91 000	−96 000	−100 000	−78 000
Earnings Before Tax	372 000	224 000	39 000	561 000
Tax	107 000	49 000	9 000	123 000
Net Income	265 000	175 000	30 000	438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 076 000	2 946 000	806 000
Total Current Assets	874 000	1 718 000	1 363 000	1 522 000
Total Assets	874 000	3 794 000	4 308 000	2 328 000
Total Retained Equity	118 000	353 000	1 439 000	1 409 000
Total Equity	168 000	403 000	1 489 000	1 459 000
Total Long-Term Debt	0	1 874 000	2 461 000	501 000
Total Current Debt	707 000	1 517 000	358 000	368 000
Total Equity and Debt	874 000	3 794 000	4 308 000	2 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 054 000	11 687 000	7 213 000	4 615 000
Other Income	578 000	0	73 000	358 000
Revenue	9 632 000	11 687 000	7 286 000	4 973 000
Cost of Goods Sold	7 798 000	7 941 000	4 932 000	1 919 000
Salary Costs	249 000	973 000	855 000	985 000
Depreciation	719 000	710 000	388 000	515 000
Impairment	0	450 000	0	0
Expenditure	9 169 000	11 368 000	7 147 000	4 334 000
Operating Profit	463 000	320 000	139 000	639 000
Financial Income	0	0	0	0
Financial Costs	91 000	96 000	100 000	78 000
Financial Balance	−91 000	−96 000	−100 000	−78 000
Dividends	500 000	1 261 000	0	0
Net Income	265 000	175 000	30 000	438 000

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	2 076 000	2 946 000	806 000
Total Tangible Assets	0	2 076 000	2 946 000	806 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 076 000	2 946 000	806 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	851 000	1 601 000	902 000	1 453 000
Total Current Assets	874 000	1 718 000	1 363 000	1 522 000
Total Assets	874 000	3 794 000	4 308 000	2 328 000
Total Equity	168 000	403 000	1 489 000	1 459 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 874 000	2 461 000	501 000
Creditors	77 000	7 000	331 000	107 000
Unpaid Taxes	0	71 000	32 000	49 000
Dividends	500 000	1 261 000	0	0
Other Current Debt	22 000	94 000	−6 000	115 000
Total Current Debt	707 000	1 517 000	358 000	368 000
Total Equity and Debt	874 000	3 794 000	4 308 000	2 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	157,74 %	43,42 %	2,01 %	30,02 %
Debt-to-Equity Ratio	0	4,65	1,65	0,34
Operating Profit Margin	4,81 %	2,74 %	1,91 %	12,85 %
Current Ratio	1,24	1,13	3,81	4,14
Quick Ratio	1,24	1,13	3,81	4,14
Equity Ratio	0,19	0,11	0,35	0,63
Gross Profit Margin	19,04 %	32,05 %	32,31 %	61,41 %