RED GROUP TRAVEL SOLUTIONS AS

0962 OSLO

Finances

Share Ownership

Return on Equity

39,4 %

Current Ratio

−1,95

Debt-to-Equity Ratio

−0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	228 000	355 000	177 000	450 000
Net Income	−132 000	91 000	−42 000	−41 000
Total Assets	−123 000	−150 000	−148 000	58 000
Total Equity	−335 000	−203 000	−294 000	−252 000

Income (NOK)	2022	2021	2020	2019
Revenue	228 000	355 000	177 000	450 000
Expenditure	346 000	244 000	193 000	476 000
Operating Profit	−118 000	111 000	−16 000	−25 000
Financial Income	3 000	4 000	5 000	2 000
Financial Costs	16 000	24 000	31 000	18 000
Financial Balance	−13 000	−20 000	−26 000	−16 000
Earnings Before Tax	−132 000	91 000	−42 000	−41 000
Tax	0	0	0	0
Net Income	−132 000	91 000	−42 000	−41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	−123 000	−150 000	−148 000	58 000
Total Assets	−123 000	−150 000	−148 000	58 000
Total Retained Equity	−358 000	−226 000	−317 000	−275 000
Total Equity	−335 000	−203 000	−294 000	−252 000
Total Long-Term Debt	149 000	0	0	0
Total Current Debt	63 000	53 000	146 000	311 000
Total Equity and Debt	−123 000	−150 000	−148 000	58 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	228 000	355 000	177 000	450 000
Other Income	0	0	0	0
Revenue	228 000	355 000	177 000	450 000
Cost of Goods Sold	213 000	175 000	94 000	366 000
Salary Costs	1 000	1 000	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	346 000	244 000	193 000	476 000
Operating Profit	−118 000	111 000	−16 000	−25 000
Financial Income	3 000	4 000	5 000	2 000
Financial Costs	16 000	24 000	31 000	18 000
Financial Balance	−13 000	−20 000	−26 000	−16 000
Dividends	0	0	0	0
Net Income	−132 000	91 000	−42 000	−41 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	2 000	2 000
Total Investments	0	0	0	0
Cash, Bank	−123 000	−153 000	−154 000	0
Total Current Assets	−123 000	−150 000	−148 000	58 000
Total Assets	−123 000	−150 000	−148 000	58 000
Total Equity	−335 000	−203 000	−294 000	−252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	149 000	0	0	0
Creditors	59 000	35 000	26 000	29 000
Unpaid Taxes	4 000	18 000	5 000	7 000
Dividends	0	0	0	0
Other Current Debt	0	0	114 000	146 000
Total Current Debt	63 000	53 000	146 000	311 000
Total Equity and Debt	−123 000	−150 000	−148 000	58 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,4 %	−44,83 %	14,29 %	16,27 %
Debt-to-Equity Ratio	−0,44	−0	−0	−0
Operating Profit Margin	−51,75 %	31,27 %	−9,04 %	−5,56 %
Current Ratio	−1,95	−2,83	−1,01	0,19
Quick Ratio	−1,95	−2,83	−1,03	0,19
Equity Ratio	2,72	1,35	1,99	−4,34
Gross Profit Margin	6,58 %	50,7 %	46,89 %	18,67 %