ARTMESH AS

0493 OSLO

Finances

Share Ownership

Return on Equity

−7,63 %

Current Ratio

6,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	19 000	955 000	2 094 000
Net Income	−10 000	235 000	176 000
Total Assets	154 000	570 000	1 815 000
Total Equity	131 000	141 000	206 000

Income (NOK)	2022	2021	2020
Revenue	19 000	955 000	2 094 000
Expenditure	29 000	623 000	1 810 000
Operating Profit	−11 000	332 000	284 000
Financial Income	1 000	11 000	0
Financial Costs	1 000	41 000	58 000
Financial Balance	0	−30 000	−58 000
Earnings Before Tax	−10 000	302 000	226 000
Tax	0	67 000	50 000
Net Income	−10 000	235 000	176 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	154 000	570 000	1 815 000
Total Assets	154 000	570 000	1 815 000
Total Retained Equity	101 000	111 000	176 000
Total Equity	131 000	141 000	206 000
Total Long-Term Debt	0	0	50 000
Total Current Debt	23 000	429 000	1 559 000
Total Equity and Debt	154 000	570 000	1 815 000

Cash flow (NOK)	2022	2021	2020
Sales Income	19 000	955 000	2 094 000
Other Income	0	0	0
Revenue	19 000	955 000	2 094 000
Cost of Goods Sold	3 000	558 000	1 719 000
Salary Costs	0	0	60 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	29 000	623 000	1 810 000
Operating Profit	−11 000	332 000	284 000
Financial Income	1 000	11 000	0
Financial Costs	1 000	41 000	58 000
Financial Balance	0	−30 000	−58 000
Dividends	0	300 000	0
Net Income	−10 000	235 000	176 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	136 000	557 000	602 000
Total Current Assets	154 000	570 000	1 815 000
Total Assets	154 000	570 000	1 815 000
Total Equity	131 000	141 000	206 000
Short-Term Group Debt	0	0	1 404 000
Total Long-Term Debt	0	0	50 000
Creditors	21 000	10 000	5 000
Unpaid Taxes	0	0	145 000
Dividends	0	300 000	0
Other Current Debt	2 000	302 000	4 000
Total Current Debt	23 000	429 000	1 559 000
Total Equity and Debt	154 000	570 000	1 815 000

Financial indicators	2022	2021	2020
Return on Equity	−7,63 %	166,67 %	85,44 %
Debt-to-Equity Ratio	0	0	0,24
Operating Profit Margin	−57,89 %	34,76 %	13,56 %
Current Ratio	6,7	1,33	1,16
Quick Ratio	6,7	1,33	1,16
Equity Ratio	0,85	0,25	0,11
Gross Profit Margin	84,21 %	41,57 %	17,91 %