ZINE TRAVEL AS

0782 OSLO

Finances

Return on Equity

108,16 %

Current Ratio

0,47

Debt-to-Equity Ratio

−3,95

Key figures (NOK)	2021	2020	2019	2018
Revenue	5 136 000	6 073 000	7 962 000	8 660 000
Net Income	−1 497 000	−183 000	33 000	490 000
Total Assets	8 684 000	9 852 000	9 438 000	6 350 000
Total Equity	−1 384 000	113 000	296 000	263 000

Income (NOK)	2021	2020	2019	2018
Revenue	5 136 000	6 073 000	7 962 000	8 660 000
Expenditure	5 862 000	5 939 000	7 680 000	7 984 000
Operating Profit	−725 000	134 000	282 000	676 000
Financial Income	82 000	18 000	8 000	2 000
Financial Costs	853 000	335 000	257 000	188 000
Financial Balance	−771 000	−317 000	−249 000	−186 000
Earnings Before Tax	−1 497 000	−183 000	33 000	490 000
Tax	0	0	0	0
Net Income	−1 497 000	−183 000	33 000	490 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 533 000	6 722 000	3 745 000	55 000
Total Current Assets	2 152 000	3 130 000	5 693 000	6 295 000
Total Assets	8 684 000	9 852 000	9 438 000	6 350 000
Total Retained Equity	−1 659 000	−162 000	−804 000	−847 000
Total Equity	−1 384 000	113 000	296 000	263 000
Total Long-Term Debt	5 463 000	6 396 000	5 144 000	3 412 000
Total Current Debt	4 606 000	3 343 000	3 999 000	2 675 000
Total Equity and Debt	8 684 000	9 852 000	9 438 000	6 350 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 835 000	5 673 000	7 962 000	7 660 000
Other Income	−699 000	400 000	0	1 000 000
Revenue	5 136 000	6 073 000	7 962 000	8 660 000
Cost of Goods Sold	1 510 000	1 521 000	2 323 000	2 236 000
Salary Costs	2 441 000	2 552 000	3 400 000	3 226 000
Depreciation	550 000	71 000	16 000	23 000
Impairment	0	0	0	0
Expenditure	5 862 000	5 939 000	7 680 000	7 984 000
Operating Profit	−725 000	134 000	282 000	676 000
Financial Income	82 000	18 000	8 000	2 000
Financial Costs	853 000	335 000	257 000	188 000
Financial Balance	−771 000	−317 000	−249 000	−186 000
Dividends	0	0	0	0
Net Income	−1 497 000	−183 000	33 000	490 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 707 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 697 000	3 949 000	38 000	55 000
Total Tangible Assets	1 697 000	3 949 000	38 000	55 000
Total Fiancial Fixed Assets	4 836 000	2 773 000	0	0
Total Fixed Assets	6 533 000	6 722 000	3 745 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	110 000	56 000	173 000	171 000
Total Current Assets	2 152 000	3 130 000	5 693 000	6 295 000
Total Assets	8 684 000	9 852 000	9 438 000	6 350 000
Total Equity	−1 384 000	113 000	296 000	263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 463 000	6 396 000	5 144 000	3 412 000
Creditors	1 437 000	793 000	852 000	1 008 000
Unpaid Taxes	504 000	193 000	521 000	265 000
Dividends	0	0	0	0
Other Current Debt	2 175 000	1 850 000	1 419 000	1 402 000
Total Current Debt	4 606 000	3 343 000	3 999 000	2 675 000
Total Equity and Debt	8 684 000	9 852 000	9 438 000	6 350 000

Financial indicators	2021	2020	2019	2018
Return on Equity	108,16 %	−161,95 %	11,15 %	186,31 %
Debt-to-Equity Ratio	−3,95	56,6	17,38	12,97
Operating Profit Margin	−14,12 %	2,21 %	3,54 %	7,81 %
Current Ratio	0,47	0,94	1,42	2,35
Quick Ratio	0,47	0,94	1,42	2,35
Equity Ratio	−0,16	0,01	0,03	0,04
Gross Profit Margin	70,6 %	74,95 %	70,82 %	74,18 %