THE NORWEGIAN TRAVEL COMPANY AS

9008 TROMSØ

Finances

Return on Equity

−10,96 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 976 000	14 973 000	15 895 000	0
Net Income	−12 236 000	−13 359 000	−19 967 000	−4 954 000
Total Assets	222 179 000	189 503 000	163 967 000	125 612 000
Total Equity	111 610 000	123 846 000	135 105 000	116 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 976 000	14 973 000	15 895 000	0
Expenditure	23 550 000	31 657 000	41 410 000	6 065 000
Operating Profit	−13 575 000	−16 684 000	−25 514 000	−6 065 000
Financial Income	62 000	90 000	356 000	1 137 000
Financial Costs	1 804 000	529 000	1 763 000	26 000
Financial Balance	−1 742 000	−439 000	−1 407 000	1 111 000
Earnings Before Tax	−15 317 000	−17 123 000	−26 921 000	−4 954 000
Tax	−3 081 000	−3 764 000	−6 954 000	0
Net Income	−12 236 000	−13 359 000	−19 967 000	−4 954 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	187 204 000	165 438 000	150 450 000	119 936 000
Total Current Assets	34 975 000	24 064 000	13 518 000	5 677 000
Total Assets	222 179 000	189 503 000	163 967 000	125 612 000
Total Retained Equity	−12 236 000	0	−26 825 000	−4 954 000
Total Equity	111 610 000	123 846 000	135 105 000	116 876 000
Total Long-Term Debt	92 578 000	48 443 000	14 673 000	0
Total Current Debt	17 991 000	17 214 000	14 189 000	8 737 000
Total Equity and Debt	222 179 000	189 503 000	163 967 000	125 612 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 993 000	8 233 000	10 734 000	0
Other Income	−18 000	6 740 000	5 162 000	0
Revenue	9 976 000	14 973 000	15 895 000	0
Cost of Goods Sold	7 565 000	1 866 000	7 210 000	0
Salary Costs	5 602 000	7 306 000	9 664 000	2 268 000
Depreciation	1 790 000	1 509 000	1 027 000	200 000
Impairment	0	0	323 000	0
Expenditure	23 550 000	31 657 000	41 410 000	6 065 000
Operating Profit	−13 575 000	−16 684 000	−25 514 000	−6 065 000
Financial Income	62 000	90 000	356 000	1 137 000
Financial Costs	1 804 000	529 000	1 763 000	26 000
Financial Balance	−1 742 000	−439 000	−1 407 000	1 111 000
Dividends	0	0	0	0
Net Income	−12 236 000	−13 359 000	−19 967 000	−4 954 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 163 000	15 320 000	11 316 000	2 681 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 056 000	1 530 000	1 724 000	55 000
Total Tangible Assets	1 056 000	1 530 000	1 724 000	55 000
Total Fiancial Fixed Assets	167 985 000	148 588 000	137 409 000	117 200 000
Total Fixed Assets	187 204 000	165 438 000	150 450 000	119 936 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	940 000	14 162 000	5 547 000	2 239 000
Total Current Assets	34 975 000	24 064 000	13 518 000	5 677 000
Total Assets	222 179 000	189 503 000	163 967 000	125 612 000
Total Equity	111 610 000	123 846 000	135 105 000	116 876 000
Short-Term Group Debt	2 312 000	3 979 000	0	0
Total Long-Term Debt	92 578 000	48 443 000	14 673 000	0
Creditors	4 739 000	8 434 000	3 252 000	3 125 000
Unpaid Taxes	55 000	260 000	238 000	258 000
Dividends	0	0	0	0
Other Current Debt	10 884 000	4 541 000	10 699 000	5 353 000
Total Current Debt	17 991 000	17 214 000	14 189 000	8 737 000
Total Equity and Debt	222 179 000	189 503 000	163 967 000	125 612 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,96 %	−10,79 %	−14,78 %	−4,24 %
Debt-to-Equity Ratio	0,83	0,39	0,11	0
Operating Profit Margin	−136,08 %	−111,43 %	−160,52 %	-
Current Ratio	1,94	1,4	0,95	0,65
Quick Ratio	1,94	1,4	0,95	0,65
Equity Ratio	0,5	0,65	0,82	0,93
Gross Profit Margin	24,17 %	87,54 %	54,64 %	-