TRAVELNET REISEVAREHUSET AS

7011 TRONDHEIM

Finances

Return on Equity

78,84 %

Current Ratio

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 049 000	21 875 000	15 307 000	33 795 000
Net Income	9 876 000	1 041 000	−4 491 000	2 439 000
Total Assets	48 687 000	28 491 000	24 703 000	33 078 000
Total Equity	12 526 000	13 050 000	12 009 000	16 500 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 049 000	21 875 000	15 307 000	33 795 000
Expenditure	31 322 000	20 651 000	21 387 000	30 636 000
Operating Profit	12 727 000	1 223 000	−6 080 000	3 159 000
Financial Income	230 000	249 000	465 000	176 000
Financial Costs	267 000	130 000	114 000	144 000
Financial Balance	−37 000	119 000	351 000	32 000
Earnings Before Tax	12 690 000	1 342 000	−5 729 000	3 191 000
Tax	2 814 000	302 000	−1 239 000	752 000
Net Income	9 876 000	1 041 000	−4 491 000	2 439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 752 000	13 359 000	14 304 000	14 410 000
Total Current Assets	35 935 000	15 132 000	10 400 000	18 668 000
Total Assets	48 687 000	28 491 000	24 703 000	33 078 000
Total Retained Equity	10 809 000	11 333 000	10 292 000	14 783 000
Total Equity	12 526 000	13 050 000	12 009 000	16 500 000
Total Long-Term Debt	337 000	352 000	0	346 000
Total Current Debt	35 824 000	15 089 000	12 694 000	16 233 000
Total Equity and Debt	48 687 000	28 491 000	24 703 000	33 078 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 049 000	21 875 000	15 307 000	33 795 000
Other Income	0	0	0	0
Revenue	44 049 000	21 875 000	15 307 000	33 795 000
Cost of Goods Sold	0	0	0	0
Salary Costs	20 865 000	13 375 000	13 839 000	21 134 000
Depreciation	350 000	359 000	723 000	727 000
Impairment	0	0	0	0
Expenditure	31 322 000	20 651 000	21 387 000	30 636 000
Operating Profit	12 727 000	1 223 000	−6 080 000	3 159 000
Financial Income	230 000	249 000	465 000	176 000
Financial Costs	267 000	130 000	114 000	144 000
Financial Balance	−37 000	119 000	351 000	32 000
Dividends	9 800 000	0	0	0
Net Income	9 876 000	1 041 000	−4 491 000	2 439 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 867 000	2 100 000	2 540 000	2 567 000
Real Eastate	25 000	30 000	35 000	40 000
Machinery and Plant Facilities	618 000	263 000	384 000	752 000
Fixtures	0	0	0	0
Total Tangible Assets	642 000	293 000	419 000	793 000
Total Fiancial Fixed Assets	10 244 000	10 966 000	11 345 000	11 051 000
Total Fixed Assets	12 752 000	13 359 000	14 304 000	14 410 000
Stock	0	0	0	0
Total Investments	362 000	362 000	0	0
Cash, Bank	14 908 000	4 591 000	4 432 000	3 972 000
Total Current Assets	35 935 000	15 132 000	10 400 000	18 668 000
Total Assets	48 687 000	28 491 000	24 703 000	33 078 000
Total Equity	12 526 000	13 050 000	12 009 000	16 500 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	337 000	352 000	0	346 000
Creditors	9 873 000	7 628 000	6 160 000	8 015 000
Unpaid Taxes	1 823 000	1 254 000	1 045 000	1 680 000
Dividends	9 800 000	0	0	0
Other Current Debt	21 299 000	5 869 000	5 489 000	5 851 000
Total Current Debt	35 824 000	15 089 000	12 694 000	16 233 000
Total Equity and Debt	48 687 000	28 491 000	24 703 000	33 078 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,84 %	7,98 %	−37,4 %	14,78 %
Debt-to-Equity Ratio	0,03	0,03	0	0,02
Operating Profit Margin	28,89 %	5,59 %	−39,72 %	9,35 %
Current Ratio	1	1	0,82	1,15
Quick Ratio	1	1	0,82	1,15
Equity Ratio	0,26	0,46	0,49	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %