ISTAD ART SOLUTION NORWAY

6429 MOLDE

Finances

Share Ownership

Return on Equity

−31,95 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	589 000	561 000	1 451 000	2 127 000
Net Income	−231 000	−387 000	169 000	471 000
Total Assets	2 806 000	3 021 000	2 906 000	2 588 000
Total Equity	723 000	953 000	1 341 000	1 172 000

Income (NOK)	2022	2021	2020	2019
Revenue	589 000	561 000	1 451 000	2 127 000
Expenditure	819 000	947 000	1 238 000	1 514 000
Operating Profit	−230 000	−385 000	214 000	614 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	0	14 000
Financial Balance	0	−3 000	0	−14 000
Earnings Before Tax	−231 000	−387 000	214 000	600 000
Tax	0	0	45 000	129 000
Net Income	−231 000	−387 000	169 000	471 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 806 000	3 021 000	2 906 000	2 588 000
Total Assets	2 806 000	3 021 000	2 906 000	2 588 000
Total Retained Equity	723 000	953 000	1 341 000	1 172 000
Total Equity	723 000	953 000	1 341 000	1 172 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 083 000	2 067 000	1 565 000	1 416 000
Total Equity and Debt	2 806 000	3 021 000	2 906 000	2 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	589 000	561 000	1 451 000	2 127 000
Other Income	0	0	0	0
Revenue	589 000	561 000	1 451 000	2 127 000
Cost of Goods Sold	25 000	241 000	480 000	535 000
Salary Costs	456 000	440 000	486 000	599 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	819 000	947 000	1 238 000	1 514 000
Operating Profit	−230 000	−385 000	214 000	614 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	0	14 000
Financial Balance	0	−3 000	0	−14 000
Dividends	0	0	0	0
Net Income	−231 000	−387 000	169 000	471 000

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	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	45 000	308 000	941 000	122 000
Total Current Assets	2 806 000	3 021 000	2 906 000	2 588 000
Total Assets	2 806 000	3 021 000	2 906 000	2 588 000
Total Equity	723 000	953 000	1 341 000	1 172 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	325 000	0	2 000
Unpaid Taxes	29 000	26 000	29 000	36 000
Dividends	0	0	0	0
Other Current Debt	1 989 000	1 716 000	1 492 000	1 250 000
Total Current Debt	2 083 000	2 067 000	1 565 000	1 416 000
Total Equity and Debt	2 806 000	3 021 000	2 906 000	2 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,95 %	−40,61 %	12,6 %	40,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−39,05 %	−68,63 %	14,75 %	28,87 %
Current Ratio	1,35	1,46	1,86	1,83
Quick Ratio	1,35	1,46	1,86	1,83
Equity Ratio	0,26	0,32	0,46	0,45
Gross Profit Margin	95,76 %	57,04 %	66,92 %	74,85 %