EXPLORE TRAVEL AS

1632 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−7,5 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 291 000	1 987 000	4 196 000	10 754 000
Net Income	−76 000	64 000	6 000	21 000
Total Assets	2 759 000	1 280 000	2 293 000	3 650 000
Total Equity	1 014 000	1 090 000	1 026 000	1 020 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 291 000	1 987 000	4 196 000	10 754 000
Expenditure	8 372 000	1 901 000	4 167 000	10 699 000
Operating Profit	−82 000	86 000	29 000	55 000
Financial Income	45 000	2 000	8 000	18 000
Financial Costs	40 000	24 000	31 000	52 000
Financial Balance	5 000	−22 000	−23 000	−34 000
Earnings Before Tax	−76 000	64 000	6 000	21 000
Tax	0	0	0	0
Net Income	−76 000	64 000	6 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	25 000
Total Current Assets	2 759 000	1 280 000	2 293 000	3 625 000
Total Assets	2 759 000	1 280 000	2 293 000	3 650 000
Total Retained Equity	914 000	990 000	926 000	920 000
Total Equity	1 014 000	1 090 000	1 026 000	1 020 000
Total Long-Term Debt	69 000	0	0	0
Total Current Debt	1 676 000	190 000	1 267 000	2 630 000
Total Equity and Debt	2 759 000	1 280 000	2 293 000	3 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 247 000	1 916 000	3 769 000	10 754 000
Other Income	44 000	72 000	427 000	0
Revenue	8 291 000	1 987 000	4 196 000	10 754 000
Cost of Goods Sold	6 312 000	1 483 000	2 676 000	8 432 000
Salary Costs	1 039 000	80 000	811 000	1 728 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 372 000	1 901 000	4 167 000	10 699 000
Operating Profit	−82 000	86 000	29 000	55 000
Financial Income	45 000	2 000	8 000	18 000
Financial Costs	40 000	24 000	31 000	52 000
Financial Balance	5 000	−22 000	−23 000	−34 000
Dividends	0	0	0	0
Net Income	−76 000	64 000	6 000	21 000

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	0	0	0	25 000
Total Tangible Assets	0	0	0	25 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	25 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 777 000	1 214 000	2 185 000	2 152 000
Total Current Assets	2 759 000	1 280 000	2 293 000	3 625 000
Total Assets	2 759 000	1 280 000	2 293 000	3 650 000
Total Equity	1 014 000	1 090 000	1 026 000	1 020 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	69 000	0	0	0
Creditors	20 000	9 000	7 000	86 000
Unpaid Taxes	172 000	15 000	30 000	120 000
Dividends	0	0	0	0
Other Current Debt	1 484 000	79 000	371 000	2 425 000
Total Current Debt	1 676 000	190 000	1 267 000	2 630 000
Total Equity and Debt	2 759 000	1 280 000	2 293 000	3 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,5 %	5,87 %	0,58 %	2,06 %
Debt-to-Equity Ratio	0,07	0	0	0
Operating Profit Margin	−0,99 %	4,33 %	0,69 %	0,51 %
Current Ratio	1,65	6,74	1,81	1,38
Quick Ratio	1,65	6,74	1,81	1,38
Equity Ratio	0,37	0,85	0,45	0,28
Gross Profit Margin	23,87 %	25,36 %	36,22 %	21,59 %