ART OF TRAVEL AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

17,41 %

Current Ratio

11,07

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	620 000	6 000	1 890 000	673 000
Net Income	66 000	−125 000	160 000	354 000
Total Assets	516 000	584 000	1 089 000	1 029 000
Total Equity	379 000	313 000	439 000	278 000

Income (NOK)	2022	2021	2020	2019
Revenue	620 000	6 000	1 890 000	673 000
Expenditure	554 000	132 000	1 695 000	319 000
Operating Profit	66 000	−125 000	195 000	354 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	1 000
Earnings Before Tax	66 000	−125 000	195 000	354 000
Tax	0	0	34 000	0
Net Income	66 000	−125 000	160 000	354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	362 000	362 000	362 000	362 000
Total Current Assets	155 000	222 000	727 000	667 000
Total Assets	516 000	584 000	1 089 000	1 029 000
Total Retained Equity	350 000	285 000	410 000	250 000
Total Equity	379 000	313 000	439 000	278 000
Total Long-Term Debt	124 000	147 000	0	0
Total Current Debt	14 000	123 000	650 000	750 000
Total Equity and Debt	516 000	584 000	1 089 000	1 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	620 000	6 000	1 888 000	863 000
Other Income	0	0	2 000	−190 000
Revenue	620 000	6 000	1 890 000	673 000
Cost of Goods Sold	446 000	1 000	211 000	108 000
Salary Costs	3 000	−1 000	1 249 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	554 000	132 000	1 695 000	319 000
Operating Profit	66 000	−125 000	195 000	354 000
Financial Income	0	0	0	2 000
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	1 000
Dividends	0	0	0	0
Net Income	66 000	−125 000	160 000	354 000

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	362 000	362 000	362 000	362 000
Total Fixed Assets	362 000	362 000	362 000	362 000
Stock	0	0	0	17 000
Total Investments	0	0	0	0
Cash, Bank	145 000	144 000	726 000	188 000
Total Current Assets	155 000	222 000	727 000	667 000
Total Assets	516 000	584 000	1 089 000	1 029 000
Total Equity	379 000	313 000	439 000	278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	124 000	147 000	0	0
Creditors	14 000	26 000	17 000	156 000
Unpaid Taxes	0	0	387 000	43 000
Dividends	0	0	0	0
Other Current Debt	0	97 000	212 000	552 000
Total Current Debt	14 000	123 000	650 000	750 000
Total Equity and Debt	516 000	584 000	1 089 000	1 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,41 %	−39,94 %	36,45 %	127,34 %
Debt-to-Equity Ratio	0,33	0,47	0	0
Operating Profit Margin	10,65 %	−2 083,33 %	10,32 %	52,6 %
Current Ratio	11,07	1,8	1,12	0,89
Quick Ratio	11,07	1,8	1,12	0,91
Equity Ratio	0,73	0,54	0,4	0,27
Gross Profit Margin	28,06 %	83,33 %	88,84 %	83,95 %