ARTESIA AS

0367 OSLO

Finances

Share Ownership

Return on Equity

94,27 %

Current Ratio

0,27

Debt-to-Equity Ratio

−1,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 250 000	20 787 000	19 481 000	23 624 000
Net Income	−2 157 000	−5 206 000	−3 096 000	306 000
Total Assets	12 190 000	14 383 000	15 591 000	16 325 000
Total Equity	−2 288 000	−1 831 000	2 375 000	5 471 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 250 000	20 787 000	19 481 000	23 624 000
Expenditure	32 228 000	25 850 000	22 232 000	23 456 000
Operating Profit	−1 978 000	−5 064 000	−2 751 000	167 000
Financial Income	1 000	1 000	25 000	332 000
Financial Costs	180 000	144 000	370 000	262 000
Financial Balance	−179 000	−143 000	−345 000	70 000
Earnings Before Tax	−2 157 000	−5 206 000	−3 096 000	237 000
Tax	0	0	0	−69 000
Net Income	−2 157 000	−5 206 000	−3 096 000	306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 067 000	11 947 000	12 678 000	13 962 000
Total Current Assets	3 123 000	2 436 000	2 914 000	2 363 000
Total Assets	12 190 000	14 383 000	15 591 000	16 325 000
Total Retained Equity	−6 038 000	−5 581 000	−375 000	306 000
Total Equity	−2 288 000	−1 831 000	2 375 000	5 471 000
Total Long-Term Debt	2 919 000	4 646 000	5 960 000	3 628 000
Total Current Debt	11 559 000	11 568 000	7 256 000	7 225 000
Total Equity and Debt	12 190 000	14 383 000	15 591 000	16 325 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 627 000	22 134 000	19 696 000	23 231 000
Other Income	623 000	−1 347 000	−215 000	392 000
Revenue	30 250 000	20 787 000	19 481 000	23 624 000
Cost of Goods Sold	8 325 000	6 374 000	5 696 000	5 668 000
Salary Costs	13 443 000	9 932 000	8 382 000	10 573 000
Depreciation	264 000	488 000	630 000	592 000
Impairment	0	0	0	0
Expenditure	32 228 000	25 850 000	22 232 000	23 456 000
Operating Profit	−1 978 000	−5 064 000	−2 751 000	167 000
Financial Income	1 000	1 000	25 000	332 000
Financial Costs	180 000	144 000	370 000	262 000
Financial Balance	−179 000	−143 000	−345 000	70 000
Dividends	0	0	0	0
Net Income	−2 157 000	−5 206 000	−3 096 000	306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 433 000	5 433 000	5 433 000	5 433 000
Real Eastate	137 000	57 000	85 000	120 000
Machinery and Plant Facilities	790 000	718 000	700 000	682 000
Fixtures	0	11 000	74 000	483 000
Total Tangible Assets	927 000	785 000	859 000	1 285 000
Total Fiancial Fixed Assets	2 707 000	5 730 000	6 386 000	7 244 000
Total Fixed Assets	9 067 000	11 947 000	12 678 000	13 962 000
Stock	539 000	300 000	296 000	631 000
Total Investments	0	0	0	0
Cash, Bank	154 000	132 000	92 000	108 000
Total Current Assets	3 123 000	2 436 000	2 914 000	2 363 000
Total Assets	12 190 000	14 383 000	15 591 000	16 325 000
Total Equity	−2 288 000	−1 831 000	2 375 000	5 471 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 919 000	4 646 000	5 960 000	3 628 000
Creditors	4 359 000	4 579 000	2 975 000	3 051 000
Unpaid Taxes	937 000	906 000	621 000	721 000
Dividends	0	0	0	0
Other Current Debt	4 068 000	4 129 000	1 489 000	1 469 000
Total Current Debt	11 559 000	11 568 000	7 256 000	7 225 000
Total Equity and Debt	12 190 000	14 383 000	15 591 000	16 325 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,27 %	284,33 %	−130,36 %	5,59 %
Debt-to-Equity Ratio	−1,28	−2,54	2,51	0,66
Operating Profit Margin	−6,54 %	−24,36 %	−14,12 %	0,71 %
Current Ratio	0,27	0,21	0,4	0,33
Quick Ratio	0,28	0,22	0,42	0,36
Equity Ratio	−0,19	−0,13	0,15	0,34
Gross Profit Margin	72,48 %	69,34 %	70,76 %	76,01 %