TRAVELNET NORWAY AS

7011 TRONDHEIM

Finances

Return on Equity

81,79 %

Current Ratio

1,41

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	10 228 000	−138 000	−138 000	−228 000
Total Assets	32 643 000	22 846 000	22 857 000	22 954 000
Total Equity	12 505 000	9 277 000	9 415 000	9 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	78 000	49 000	37 000	72 000
Operating Profit	−78 000	−49 000	−37 000	−72 000
Financial Income	10 400 000	0	0	0
Financial Costs	143 000	128 000	140 000	220 000
Financial Balance	10 257 000	−128 000	−140 000	−220 000
Earnings Before Tax	10 179 000	−177 000	−177 000	−292 000
Tax	−49 000	−39 000	−39 000	−64 000
Net Income	10 228 000	−138 000	−138 000	−228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 801 000	22 801 000	22 801 000	22 801 000
Total Current Assets	9 842 000	45 000	55 000	152 000
Total Assets	32 643 000	22 846 000	22 857 000	22 954 000
Total Retained Equity	12 005 000	8 777 000	8 915 000	9 053 000
Total Equity	12 505 000	9 277 000	9 415 000	9 553 000
Total Long-Term Debt	13 138 000	13 561 000	13 417 000	13 383 000
Total Current Debt	7 000 000	8 000	24 000	18 000
Total Equity and Debt	32 643 000	22 846 000	22 857 000	22 954 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	78 000	49 000	37 000	72 000
Operating Profit	−78 000	−49 000	−37 000	−72 000
Financial Income	10 400 000	0	0	0
Financial Costs	143 000	128 000	140 000	220 000
Financial Balance	10 257 000	−128 000	−140 000	−220 000
Dividends	7 000 000	0	0	0
Net Income	10 228 000	−138 000	−138 000	−228 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	22 801 000	22 801 000	22 801 000	22 801 000
Total Fixed Assets	22 801 000	22 801 000	22 801 000	22 801 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	43 000	55 000	152 000
Total Current Assets	9 842 000	45 000	55 000	152 000
Total Assets	32 643 000	22 846 000	22 857 000	22 954 000
Total Equity	12 505 000	9 277 000	9 415 000	9 553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 138 000	13 561 000	13 417 000	13 383 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	7 000 000	0	0	0
Other Current Debt	7 000 000	0	0	0
Total Current Debt	7 000 000	8 000	24 000	18 000
Total Equity and Debt	32 643 000	22 846 000	22 857 000	22 954 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,79 %	−1,49 %	−1,47 %	−2,39 %
Debt-to-Equity Ratio	1,05	1,46	1,43	1,4
Operating Profit Margin	-	-	-	-
Current Ratio	1,41	5,63	2,29	8,44
Quick Ratio	1,41	5,63	2,29	8,44
Equity Ratio	0,38	0,41	0,41	0,42
Gross Profit Margin	-	-	-	-