THE NORWEGIAN TRAVEL COMPANY AS

9008 TROMSØ

Finances

Return on Equity

−1,74 %

Current Ratio

0,6

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020
Revenue	47 072 000	171 630 000	282 000
Net Income	−6 449 000	−37 576 000	−2 707 000
Total Assets	581 521 000	1 116 691 000	299 966 000
Total Equity	371 305 000	346 011 000	299 293 000

Income (NOK)	2022	2021	2020
Revenue	47 072 000	171 630 000	282 000
Expenditure	51 753 000	205 458 000	3 750 000
Operating Profit	−4 680 000	−33 829 000	−3 468 000
Financial Income	147 000	3 973 000	1 000
Financial Costs	3 721 000	16 618 000	0
Financial Balance	−3 574 000	−12 645 000	1 000
Earnings Before Tax	−8 253 000	−46 474 000	−3 467 000
Tax	−1 804 000	−8 898 000	−760 000
Net Income	−6 449 000	−37 576 000	−2 707 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	545 712 000	643 395 000	289 350 000
Total Current Assets	35 809 000	473 296 000	10 616 000
Total Assets	581 521 000	1 116 691 000	299 966 000
Total Retained Equity	−49 333 000	−85 873 000	−2 707 000
Total Equity	371 305 000	346 011 000	299 293 000
Total Long-Term Debt	150 041 000	676 605 000	0
Total Current Debt	60 174 000	94 074 000	673 000
Total Equity and Debt	581 521 000	1 116 691 000	299 966 000

Cash flow (NOK)	2022	2021	2020
Sales Income	10 163 000	139 206 000	282 000
Other Income	36 910 000	32 424 000	0
Revenue	47 072 000	171 630 000	282 000
Cost of Goods Sold	1 748 000	21 035 000	0
Salary Costs	15 311 000	70 566 000	2 927 000
Depreciation	17 000	28 058 000	0
Impairment	0	0	0
Expenditure	51 753 000	205 458 000	3 750 000
Operating Profit	−4 680 000	−33 829 000	−3 468 000
Financial Income	147 000	3 973 000	1 000
Financial Costs	3 721 000	16 618 000	0
Financial Balance	−3 574 000	−12 645 000	1 000
Dividends	0	0	0
Net Income	−6 449 000	−37 576 000	−2 707 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	48 548 000	0
Total Intangible Assets	6 519 000	69 005 000	760 000
Real Eastate	0	374 171 000	0
Machinery and Plant Facilities	0	4 047 000	0
Fixtures	128 000	122 290 000	0
Total Tangible Assets	128 000	571 094 000	0
Total Fiancial Fixed Assets	539 065 000	3 295 000	288 590 000
Total Fixed Assets	545 712 000	643 395 000	289 350 000
Stock	0	2 734 000	0
Total Investments	20 000	685 000	0
Cash, Bank	791 000	448 874 000	10 027 000
Total Current Assets	35 809 000	473 296 000	10 616 000
Total Assets	581 521 000	1 116 691 000	299 966 000
Total Equity	371 305 000	346 011 000	299 293 000
Short-Term Group Debt	103 000	0	0
Total Long-Term Debt	150 041 000	676 605 000	0
Creditors	7 294 000	42 929 000	147 000
Unpaid Taxes	1 087 000	3 336 000	245 000
Dividends	0	0	0
Other Current Debt	11 244 000	39 143 000	282 000
Total Current Debt	60 174 000	94 074 000	673 000
Total Equity and Debt	581 521 000	1 116 691 000	299 966 000

Financial indicators	2022	2021	2020
Return on Equity	−1,74 %	−10,86 %	−0,9 %
Debt-to-Equity Ratio	0,4	1,96	0
Operating Profit Margin	−9,94 %	−19,71 %	−1 229,79 %
Current Ratio	0,6	5,03	15,77
Quick Ratio	0,6	5,18	15,77
Equity Ratio	0,64	0,31	1
Gross Profit Margin	96,29 %	87,74 %	100 %