ART EIENDOM BOLIG AS

1628 ENGELSVIKEN

Finances

Share Ownership

Return on Equity

26,07 %

Current Ratio

1,02

Debt-to-Equity Ratio

−1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 419 000	1 608 000	9 512 000	4 354 000
Net Income	−1 450 000	−2 275 000	−2 045 000	−13 000
Total Assets	7 714 000	5 971 000	8 129 000	7 955 000
Total Equity	−5 563 000	−4 113 000	−1 839 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 419 000	1 608 000	9 512 000	4 354 000
Expenditure	6 619 000	3 737 000	11 318 000	4 345 000
Operating Profit	−1 200 000	−2 128 000	−1 806 000	9 000
Financial Income	1 000	0	0	213 000
Financial Costs	250 000	147 000	239 000	235 000
Financial Balance	−249 000	−147 000	−239 000	−22 000
Earnings Before Tax	−1 450 000	−2 275 000	−2 045 000	−13 000
Tax	0	0	0	0
Net Income	−1 450 000	−2 275 000	−2 045 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	41 000	61 000	6 000 000
Total Current Assets	7 685 000	5 930 000	8 068 000	1 955 000
Total Assets	7 714 000	5 971 000	8 129 000	7 955 000
Total Retained Equity	−5 593 000	−4 143 000	−1 869 000	176 000
Total Equity	−5 563 000	−4 113 000	−1 839 000	206 000
Total Long-Term Debt	5 776 000	5 776 000	6 856 000	5 001 000
Total Current Debt	7 501 000	4 309 000	3 111 000	2 748 000
Total Equity and Debt	7 714 000	5 971 000	8 129 000	7 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 419 000	1 608 000	9 512 000	3 736 000
Other Income	0	0	0	618 000
Revenue	5 419 000	1 608 000	9 512 000	4 354 000
Cost of Goods Sold	5 062 000	2 262 000	10 292 000	3 498 000
Salary Costs	1 341 000	1 356 000	847 000	639 000
Depreciation	33 000	20 000	5 000	0
Impairment	0	0	0	0
Expenditure	6 619 000	3 737 000	11 318 000	4 345 000
Operating Profit	−1 200 000	−2 128 000	−1 806 000	9 000
Financial Income	1 000	0	0	213 000
Financial Costs	250 000	147 000	239 000	235 000
Financial Balance	−249 000	−147 000	−239 000	−22 000
Dividends	0	0	0	0
Net Income	−1 450 000	−2 275 000	−2 045 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	6 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	41 000	61 000	0
Total Tangible Assets	29 000	41 000	61 000	6 000 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	41 000	61 000	6 000 000
Stock	6 558 000	4 492 000	5 620 000	150 000
Total Investments	0	0	0	0
Cash, Bank	512 000	281 000	403 000	298 000
Total Current Assets	7 685 000	5 930 000	8 068 000	1 955 000
Total Assets	7 714 000	5 971 000	8 129 000	7 955 000
Total Equity	−5 563 000	−4 113 000	−1 839 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 776 000	5 776 000	6 856 000	5 001 000
Creditors	222 000	523 000	2 202 000	139 000
Unpaid Taxes	105 000	32 000	69 000	192 000
Dividends	0	0	0	0
Other Current Debt	7 175 000	3 753 000	840 000	2 417 000
Total Current Debt	7 501 000	4 309 000	3 111 000	2 748 000
Total Equity and Debt	7 714 000	5 971 000	8 129 000	7 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,07 %	55,31 %	111,2 %	−6,31 %
Debt-to-Equity Ratio	−1,04	−1,4	−3,73	24,28
Operating Profit Margin	−22,14 %	−132,34 %	−18,99 %	0,21 %
Current Ratio	1,02	1,38	2,59	0,71
Quick Ratio	8,15	−32,4	−3,22	0,75
Equity Ratio	−0,72	−0,69	−0,23	0,03
Gross Profit Margin	6,59 %	−40,67 %	−8,2 %	19,66 %