ART ARKITEKTER OG INGENIØRER AS

6010 ÅLESUND

Finances

Return on Equity

62,23 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 308 000	15 056 000	12 691 000	10 887 000
Net Income	1 672 000	2 374 000	2 216 000	234 000
Total Assets	7 824 000	8 881 000	8 226 000	4 935 000
Total Equity	2 687 000	4 361 000	4 387 000	3 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 308 000	15 056 000	12 691 000	10 887 000
Expenditure	13 173 000	12 014 000	9 850 000	10 587 000
Operating Profit	2 135 000	3 042 000	2 841 000	300 000
Financial Income	12 000	4 000	5 000	6 000
Financial Costs	3 000	2 000	0	0
Financial Balance	9 000	2 000	5 000	6 000
Earnings Before Tax	2 144 000	3 044 000	2 846 000	305 000
Tax	472 000	670 000	630 000	72 000
Net Income	1 672 000	2 374 000	2 216 000	234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	308 000	274 000	203 000	214 000
Total Current Assets	7 516 000	8 607 000	8 023 000	4 722 000
Total Assets	7 824 000	8 881 000	8 226 000	4 935 000
Total Retained Equity	2 147 000	3 821 000	3 847 000	2 631 000
Total Equity	2 687 000	4 361 000	4 387 000	3 171 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 136 000	4 521 000	3 838 000	1 764 000
Total Equity and Debt	7 824 000	8 881 000	8 226 000	4 935 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 308 000	15 056 000	12 691 000	10 887 000
Other Income	0	0	0	0
Revenue	15 308 000	15 056 000	12 691 000	10 887 000
Cost of Goods Sold	603 000	93 000	1 000	−20 000
Salary Costs	9 979 000	9 703 000	7 687 000	8 109 000
Depreciation	70 000	70 000	77 000	88 000
Impairment	0	0	0	0
Expenditure	13 173 000	12 014 000	9 850 000	10 587 000
Operating Profit	2 135 000	3 042 000	2 841 000	300 000
Financial Income	12 000	4 000	5 000	6 000
Financial Costs	3 000	2 000	0	0
Financial Balance	9 000	2 000	5 000	6 000
Dividends	2 000 000	1 200 000	1 000 000	0
Net Income	1 672 000	2 374 000	2 216 000	234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	150 000	156 000	119 000	106 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	152 000	114 000	78 000	103 000
Total Tangible Assets	152 000	114 000	78 000	103 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	308 000	274 000	203 000	214 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 748 000	3 740 000	3 498 000	2 605 000
Total Current Assets	7 516 000	8 607 000	8 023 000	4 722 000
Total Assets	7 824 000	8 881 000	8 226 000	4 935 000
Total Equity	2 687 000	4 361 000	4 387 000	3 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	357 000	218 000	36 000	57 000
Unpaid Taxes	1 435 000	1 514 000	1 452 000	900 000
Dividends	2 000 000	1 200 000	1 000 000	0
Other Current Debt	877 000	882 000	707 000	722 000
Total Current Debt	5 136 000	4 521 000	3 838 000	1 764 000
Total Equity and Debt	7 824 000	8 881 000	8 226 000	4 935 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,23 %	54,44 %	50,51 %	7,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,95 %	20,2 %	22,39 %	2,76 %
Current Ratio	1,46	1,9	2,09	2,68
Quick Ratio	1,46	1,9	2,09	2,68
Equity Ratio	0,34	0,49	0,53	0,64
Gross Profit Margin	96,06 %	99,38 %	99,99 %	100,18 %