NORTHERN NORWAY TRAVEL AS

9010 TROMSØ

Finances

Return on Equity

−84,94 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 782 000	5 047 000	7 109 000	7 496 000
Net Income	−485 000	−243 000	−36 000	−767 000
Total Assets	2 027 000	3 552 000	3 153 000	4 466 000
Total Equity	571 000	1 056 000	1 126 000	1 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 782 000	5 047 000	7 109 000	7 496 000
Expenditure	8 229 000	5 347 000	7 126 000	8 485 000
Operating Profit	−447 000	−300 000	−17 000	−989 000
Financial Income	6 000	4 000	2 000	9 000
Financial Costs	15 000	16 000	32 000	4 000
Financial Balance	−9 000	−12 000	−30 000	5 000
Earnings Before Tax	−457 000	−312 000	−47 000	−984 000
Tax	28 000	−69 000	−11 000	−216 000
Net Income	−485 000	−243 000	−36 000	−767 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	447 000	625 000	830 000	1 015 000
Total Current Assets	1 579 000	2 927 000	2 323 000	3 451 000
Total Assets	2 027 000	3 552 000	3 153 000	4 466 000
Total Retained Equity	−703 000	−218 000	26 000	62 000
Total Equity	571 000	1 056 000	1 126 000	1 162 000
Total Long-Term Debt	0	0	0	8 000
Total Current Debt	1 455 000	2 495 000	2 027 000	3 295 000
Total Equity and Debt	2 027 000	3 552 000	3 153 000	4 466 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 779 000	5 047 000	7 017 000	7 452 000
Other Income	3 000	−1 000	92 000	44 000
Revenue	7 782 000	5 047 000	7 109 000	7 496 000
Cost of Goods Sold	1 619 000	745 000	1 249 000	1 706 000
Salary Costs	4 726 000	2 204 000	3 647 000	5 022 000
Depreciation	224 000	225 000	224 000	19 000
Impairment	0	0	0	0
Expenditure	8 229 000	5 347 000	7 126 000	8 485 000
Operating Profit	−447 000	−300 000	−17 000	−989 000
Financial Income	6 000	4 000	2 000	9 000
Financial Costs	15 000	16 000	32 000	4 000
Financial Balance	−9 000	−12 000	−30 000	5 000
Dividends	0	0	0	0
Net Income	−485 000	−243 000	−36 000	−767 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	72 000	67 000	74 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	405 000	548 000	758 000	936 000
Total Tangible Assets	405 000	548 000	758 000	936 000
Total Fiancial Fixed Assets	13 000	5 000	5 000	5 000
Total Fixed Assets	447 000	625 000	830 000	1 015 000
Stock	0	23 000	23 000	0
Total Investments	0	0	0	0
Cash, Bank	772 000	520 000	658 000	519 000
Total Current Assets	1 579 000	2 927 000	2 323 000	3 451 000
Total Assets	2 027 000	3 552 000	3 153 000	4 466 000
Total Equity	571 000	1 056 000	1 126 000	1 162 000
Short-Term Group Debt	258 000	358 000	1 344 000	949 000
Total Long-Term Debt	0	0	0	8 000
Creditors	460 000	1 372 000	165 000	1 257 000
Unpaid Taxes	254 000	169 000	106 000	352 000
Dividends	0	0	0	0
Other Current Debt	483 000	596 000	406 000	738 000
Total Current Debt	1 455 000	2 495 000	2 027 000	3 295 000
Total Equity and Debt	2 027 000	3 552 000	3 153 000	4 466 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,94 %	−23,01 %	−3,2 %	−66,01 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−5,74 %	−5,94 %	−0,24 %	−13,19 %
Current Ratio	1,09	1,17	1,15	1,05
Quick Ratio	1,09	1,18	1,16	1,05
Equity Ratio	0,28	0,3	0,36	0,26
Gross Profit Margin	79,2 %	85,24 %	82,43 %	77,24 %