TRAVEL AND LEARN AS

1545 HVITSTEN

Finances

Share Ownership

Return on Equity

7,44 %

Current Ratio

2,83

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 380 000	3 902 000	3 098 000	7 458 000
Net Income	27 000	112 000	3 000	160 000
Total Assets	663 000	803 000	606 000	1 343 000
Total Equity	363 000	336 000	224 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 380 000	3 902 000	3 098 000	7 458 000
Expenditure	7 344 000	3 754 000	3 092 000	7 266 000
Operating Profit	36 000	148 000	6 000	192 000
Financial Income	2 000	0	0	1 000
Financial Costs	4 000	3 000	2 000	3 000
Financial Balance	−2 000	−3 000	−2 000	−2 000
Earnings Before Tax	35 000	145 000	4 000	190 000
Tax	8 000	33 000	1 000	30 000
Net Income	27 000	112 000	3 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	400 000	400 000	0
Total Current Assets	663 000	403 000	206 000	1 343 000
Total Assets	663 000	803 000	606 000	1 343 000
Total Retained Equity	163 000	136 000	24 000	20 000
Total Equity	363 000	336 000	224 000	220 000
Total Long-Term Debt	66 000	91 000	286 000	0
Total Current Debt	234 000	376 000	97 000	1 123 000
Total Equity and Debt	663 000	803 000	606 000	1 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 380 000	3 573 000	3 003 000	7 458 000
Other Income	0	329 000	95 000	0
Revenue	7 380 000	3 902 000	3 098 000	7 458 000
Cost of Goods Sold	6 458 000	2 967 000	2 381 000	6 274 000
Salary Costs	478 000	87 000	276 000	465 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 344 000	3 754 000	3 092 000	7 266 000
Operating Profit	36 000	148 000	6 000	192 000
Financial Income	2 000	0	0	1 000
Financial Costs	4 000	3 000	2 000	3 000
Financial Balance	−2 000	−3 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	27 000	112 000	3 000	160 000

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	0	400 000	400 000	0
Total Fixed Assets	0	400 000	400 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	531 000	99 000	158 000	205 000
Total Current Assets	663 000	403 000	206 000	1 343 000
Total Assets	663 000	803 000	606 000	1 343 000
Total Equity	363 000	336 000	224 000	220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	66 000	91 000	286 000	0
Creditors	0	96 000	5 000	0
Unpaid Taxes	43 000	7 000	51 000	46 000
Dividends	0	0	0	0
Other Current Debt	184 000	240 000	40 000	1 048 000
Total Current Debt	234 000	376 000	97 000	1 123 000
Total Equity and Debt	663 000	803 000	606 000	1 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,44 %	33,33 %	1,34 %	72,73 %
Debt-to-Equity Ratio	0,18	0,27	1,28	0
Operating Profit Margin	0,49 %	3,79 %	0,19 %	2,57 %
Current Ratio	2,83	1,07	2,12	1,2
Quick Ratio	2,83	1,07	2,12	1,2
Equity Ratio	0,55	0,42	0,37	0,16
Gross Profit Margin	12,49 %	23,96 %	23,14 %	15,88 %