VISIT SVALBARD AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

2,46 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 901 000	11 495 000	9 448 000	11 775 000
Net Income	45 000	458 000	623 000	0
Total Assets	4 094 000	7 076 000	6 506 000	9 868 000
Total Equity	1 829 000	1 784 000	1 326 000	703 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 901 000	11 495 000	9 448 000	11 775 000
Expenditure	11 833 000	10 947 000	8 718 000	11 771 000
Operating Profit	68 000	548 000	731 000	3 000
Financial Income	5 000	5 000	9 000	9 000
Financial Costs	6 000	2 000	4 000	12 000
Financial Balance	−1 000	3 000	5 000	−3 000
Earnings Before Tax	67 000	551 000	736 000	0
Tax	22 000	94 000	113 000	0
Net Income	45 000	458 000	623 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	278 000	205 000	251 000	316 000
Total Current Assets	3 816 000	6 872 000	6 255 000	9 552 000
Total Assets	4 094 000	7 076 000	6 506 000	9 868 000
Total Retained Equity	1 429 000	1 384 000	926 000	303 000
Total Equity	1 829 000	1 784 000	1 326 000	703 000
Total Long-Term Debt	6 000	51 000	97 000	137 000
Total Current Debt	2 259 000	5 242 000	5 084 000	9 029 000
Total Equity and Debt	4 094 000	7 076 000	6 506 000	9 868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 309 000	769 000	1 732 000	3 529 000
Other Income	8 591 000	10 726 000	7 717 000	8 246 000
Revenue	11 901 000	11 495 000	9 448 000	11 775 000
Cost of Goods Sold	379 000	113 000	83 000	404 000
Salary Costs	5 676 000	4 466 000	3 183 000	4 605 000
Depreciation	93 000	61 000	65 000	83 000
Impairment	45 000	0	0	0
Expenditure	11 833 000	10 947 000	8 718 000	11 771 000
Operating Profit	68 000	548 000	731 000	3 000
Financial Income	5 000	5 000	9 000	9 000
Financial Costs	6 000	2 000	4 000	12 000
Financial Balance	−1 000	3 000	5 000	−3 000
Dividends	0	0	0	0
Net Income	45 000	458 000	623 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	0	12 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	269 000	204 000	239 000	293 000
Total Tangible Assets	269 000	204 000	239 000	293 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	278 000	205 000	251 000	316 000
Stock	314 000	208 000	301 000	357 000
Total Investments	0	0	0	0
Cash, Bank	512 000	2 296 000	2 662 000	5 761 000
Total Current Assets	3 816 000	6 872 000	6 255 000	9 552 000
Total Assets	4 094 000	7 076 000	6 506 000	9 868 000
Total Equity	1 829 000	1 784 000	1 326 000	703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	51 000	97 000	137 000
Creditors	316 000	772 000	761 000	1 884 000
Unpaid Taxes	138 000	136 000	97 000	97 000
Dividends	0	0	0	0
Other Current Debt	1 770 000	4 240 000	4 118 000	7 047 000
Total Current Debt	2 259 000	5 242 000	5 084 000	9 029 000
Total Equity and Debt	4 094 000	7 076 000	6 506 000	9 868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,46 %	25,67 %	46,98 %	0 %
Debt-to-Equity Ratio	0	0,03	0,07	0,19
Operating Profit Margin	0,57 %	4,77 %	7,74 %	0,03 %
Current Ratio	1,69	1,31	1,23	1,06
Quick Ratio	1,96	1,37	1,31	1,1
Equity Ratio	0,45	0,25	0,2	0,07
Gross Profit Margin	96,82 %	99,02 %	99,12 %	96,57 %