EASTERN TRAVEL & TOURS AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

17 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 385 000	6 822 000	7 132 000	31 866 000
Net Income	451 000	411 000	550 000	101 000
Total Assets	5 586 000	3 951 000	3 213 000	2 876 000
Total Equity	2 653 000	2 353 000	1 942 000	1 392 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 385 000	6 822 000	7 132 000	31 866 000
Expenditure	28 620 000	6 470 000	6 381 000	31 687 000
Operating Profit	765 000	352 000	750 000	179 000
Financial Income	13 000	140 000	4 000	13 000
Financial Costs	156 000	0	46 000	62 000
Financial Balance	−143 000	140 000	−42 000	−49 000
Earnings Before Tax	623 000	492 000	708 000	131 000
Tax	172 000	82 000	158 000	30 000
Net Income	451 000	411 000	550 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	541 000	493 000	450 000	350 000
Total Current Assets	5 045 000	3 459 000	2 763 000	2 526 000
Total Assets	5 586 000	3 951 000	3 213 000	2 876 000
Total Retained Equity	2 549 000	2 249 000	1 838 000	1 288 000
Total Equity	2 653 000	2 353 000	1 942 000	1 392 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	2 931 000	1 599 000	1 271 000	1 484 000
Total Equity and Debt	5 586 000	3 951 000	3 213 000	2 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 057 000	5 679 000	6 441 000	31 866 000
Other Income	328 000	1 143 000	691 000	0
Revenue	29 385 000	6 822 000	7 132 000	31 866 000
Cost of Goods Sold	26 348 000	4 794 000	4 141 000	29 203 000
Salary Costs	1 515 000	957 000	1 313 000	1 604 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	28 620 000	6 470 000	6 381 000	31 687 000
Operating Profit	765 000	352 000	750 000	179 000
Financial Income	13 000	140 000	4 000	13 000
Financial Costs	156 000	0	46 000	62 000
Financial Balance	−143 000	140 000	−42 000	−49 000
Dividends	150 000	0	0	0
Net Income	451 000	411 000	550 000	101 000

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	48 000	0	0	0
Total Tangible Assets	48 000	0	0	0
Total Fiancial Fixed Assets	493 000	493 000	450 000	350 000
Total Fixed Assets	541 000	493 000	450 000	350 000
Stock	0	0	0	0
Total Investments	1 276 000	1 428 000	789 000	237 000
Cash, Bank	3 072 000	1 725 000	1 494 000	2 167 000
Total Current Assets	5 045 000	3 459 000	2 763 000	2 526 000
Total Assets	5 586 000	3 951 000	3 213 000	2 876 000
Total Equity	2 653 000	2 353 000	1 942 000	1 392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	978 000	606 000	16 000	801 000
Unpaid Taxes	171 000	341 000	41 000	130 000
Dividends	150 000	0	0	0
Other Current Debt	1 460 000	570 000	1 056 000	523 000
Total Current Debt	2 931 000	1 599 000	1 271 000	1 484 000
Total Equity and Debt	5 586 000	3 951 000	3 213 000	2 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17 %	17,47 %	28,32 %	7,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,6 %	5,16 %	10,52 %	0,56 %
Current Ratio	1,72	2,16	2,17	1,7
Quick Ratio	1,72	2,16	2,17	1,7
Equity Ratio	0,47	0,6	0,6	0,48
Gross Profit Margin	10,34 %	29,73 %	41,94 %	8,36 %