FRED. OLSEN TRAVEL AS

0152 OSLO

Finances

Share Ownership

Return on Equity

41,78 %

Current Ratio

3,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 426 000	4 702 000	3 763 000	23 744 000
Net Income	6 392 000	−3 514 000	−7 088 000	−1 784 000
Total Assets	20 653 000	11 447 000	6 269 000	10 493 000
Total Equity	15 299 000	7 914 000	4 290 000	7 038 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 426 000	4 702 000	3 763 000	23 744 000
Expenditure	23 165 000	8 214 000	10 875 000	25 357 000
Operating Profit	6 261 000	−3 512 000	−7 112 000	−1 613 000
Financial Income	133 000	5 000	36 000	110 000
Financial Costs	3 000	8 000	13 000	21 000
Financial Balance	130 000	−3 000	23 000	89 000
Earnings Before Tax	6 392 000	−3 514 000	−7 088 000	−1 523 000
Tax	0	0	0	260 000
Net Income	6 392 000	−3 514 000	−7 088 000	−1 784 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 954 000	1 444 000	977 000	2 397 000
Total Current Assets	18 699 000	10 003 000	5 292 000	8 096 000
Total Assets	20 653 000	11 447 000	6 269 000	10 493 000
Total Retained Equity	7 385 000	0	0	0
Total Equity	15 299 000	7 914 000	4 290 000	7 038 000
Total Long-Term Debt	70 000	70 000	70 000	323 000
Total Current Debt	5 284 000	3 463 000	1 909 000	3 132 000
Total Equity and Debt	20 653 000	11 447 000	6 269 000	10 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 223 000	4 662 000	3 763 000	23 744 000
Other Income	202 000	40 000	0	0
Revenue	29 426 000	4 702 000	3 763 000	23 744 000
Cost of Goods Sold	14 604 000	1 658 000	1 114 000	14 239 000
Salary Costs	4 844 000	3 713 000	6 246 000	7 704 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	23 165 000	8 214 000	10 875 000	25 357 000
Operating Profit	6 261 000	−3 512 000	−7 112 000	−1 613 000
Financial Income	133 000	5 000	36 000	110 000
Financial Costs	3 000	8 000	13 000	21 000
Financial Balance	130 000	−3 000	23 000	89 000
Dividends	0	0	0	0
Net Income	6 392 000	−3 514 000	−7 088 000	−1 784 000

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	1 954 000	1 444 000	977 000	2 397 000
Total Fixed Assets	1 954 000	1 444 000	977 000	2 397 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 665 000	5 092 000	4 716 000	5 983 000
Total Current Assets	18 699 000	10 003 000	5 292 000	8 096 000
Total Assets	20 653 000	11 447 000	6 269 000	10 493 000
Total Equity	15 299 000	7 914 000	4 290 000	7 038 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 000	70 000	70 000	323 000
Creditors	2 655 000	2 792 000	195 000	2 007 000
Unpaid Taxes	379 000	365 000	372 000	543 000
Dividends	0	0	0	0
Other Current Debt	2 250 000	305 000	1 343 000	582 000
Total Current Debt	5 284 000	3 463 000	1 909 000	3 132 000
Total Equity and Debt	20 653 000	11 447 000	6 269 000	10 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,78 %	−44,4 %	−165,22 %	−25,35 %
Debt-to-Equity Ratio	0	0,01	0,02	0,05
Operating Profit Margin	21,28 %	−74,69 %	−189 %	−6,79 %
Current Ratio	3,54	2,89	2,77	2,58
Quick Ratio	3,54	2,89	2,77	2,58
Equity Ratio	0,74	0,69	0,68	0,67
Gross Profit Margin	50,37 %	64,74 %	70,4 %	40,03 %