GRIFFIN PARTNER TRAVEL AS

1920 SØRUMSAND

Finances

Share Ownership

Return on Equity

2,37 %

Current Ratio

2,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 913 000	27 071 000	26 920 000	51 401 000
Net Income	135 000	3 000	−206 000	58 000
Total Assets	9 841 000	8 417 000	7 886 000	9 080 000
Total Equity	5 698 000	5 563 000	5 560 000	5 766 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 913 000	27 071 000	26 920 000	51 401 000
Expenditure	60 653 000	27 108 000	26 956 000	51 227 000
Operating Profit	260 000	−38 000	−36 000	174 000
Financial Income	5 000	105 000	139 000	37 000
Financial Costs	90 000	63 000	365 000	134 000
Financial Balance	−85 000	42 000	−226 000	−97 000
Earnings Before Tax	175 000	4 000	−262 000	77 000
Tax	40 000	1 000	−56 000	19 000
Net Income	135 000	3 000	−206 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	211 000	212 000	157 000
Total Current Assets	9 637 000	8 206 000	7 674 000	8 922 000
Total Assets	9 841 000	8 417 000	7 886 000	9 080 000
Total Retained Equity	4 948 000	4 813 000	4 810 000	5 016 000
Total Equity	5 698 000	5 563 000	5 560 000	5 766 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 143 000	2 854 000	2 326 000	3 314 000
Total Equity and Debt	9 841 000	8 417 000	7 886 000	9 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 901 000	27 058 000	27 006 000	51 367 000
Other Income	12 000	13 000	−87 000	33 000
Revenue	60 913 000	27 071 000	26 920 000	51 401 000
Cost of Goods Sold	57 140 000	24 825 000	24 558 000	47 204 000
Salary Costs	2 811 000	1 589 000	1 767 000	3 023 000
Depreciation	8 000	0	1 000	5 000
Impairment	0	0	0	0
Expenditure	60 653 000	27 108 000	26 956 000	51 227 000
Operating Profit	260 000	−38 000	−36 000	174 000
Financial Income	5 000	105 000	139 000	37 000
Financial Costs	90 000	63 000	365 000	134 000
Financial Balance	−85 000	42 000	−226 000	−97 000
Dividends	0	0	0	0
Net Income	135 000	3 000	−206 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	185 000	210 000	211 000	156 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	0	0	1 000
Total Tangible Assets	19 000	0	0	1 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	204 000	211 000	212 000	157 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 708 000	3 386 000	2 187 000	1 212 000
Total Current Assets	9 637 000	8 206 000	7 674 000	8 922 000
Total Assets	9 841 000	8 417 000	7 886 000	9 080 000
Total Equity	5 698 000	5 563 000	5 560 000	5 766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 081 000	1 066 000	492 000	361 000
Unpaid Taxes	209 000	126 000	170 000	285 000
Dividends	0	0	0	0
Other Current Debt	1 840 000	1 662 000	1 664 000	2 417 000
Total Current Debt	4 143 000	2 854 000	2 326 000	3 314 000
Total Equity and Debt	9 841 000	8 417 000	7 886 000	9 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,37 %	0,05 %	−3,71 %	1,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,43 %	−0,14 %	−0,13 %	0,34 %
Current Ratio	2,33	2,88	3,3	2,69
Quick Ratio	2,33	2,88	3,3	2,69
Equity Ratio	0,58	0,66	0,71	0,64
Gross Profit Margin	6,19 %	8,3 %	8,77 %	8,17 %