ARTECH AUTOMATION AS

1472 FJELLHAMAR

Finances

Share Ownership

Return on Equity

−18 %

Current Ratio

0,48

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 564 000	11 704 000	22 995 000	13 943 000
Net Income	410 000	−1 974 000	2 285 000	−909 000
Total Assets	3 417 000	7 655 000	4 862 000	4 564 000
Total Equity	−2 278 000	−2 688 000	−5 359 000	−7 644 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 564 000	11 704 000	22 995 000	13 943 000
Expenditure	9 893 000	14 735 000	20 423 000	14 571 000
Operating Profit	672 000	−3 032 000	2 572 000	−629 000
Financial Income	36 000	37 000	44 000	22 000
Financial Costs	298 000	289 000	331 000	303 000
Financial Balance	−262 000	−252 000	−287 000	−281 000
Earnings Before Tax	410 000	−3 284 000	2 285 000	−909 000
Tax	0	−1 310 000	0	0
Net Income	410 000	−1 974 000	2 285 000	−909 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	666 000	680 000	106 000	273 000
Total Current Assets	2 751 000	6 975 000	4 756 000	4 291 000
Total Assets	3 417 000	7 655 000	4 862 000	4 564 000
Total Retained Equity	−2 372 000	−2 782 000	−5 454 000	−7 738 000
Total Equity	−2 278 000	−2 688 000	−5 359 000	−7 644 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 695 000	10 343 000	10 221 000	12 208 000
Total Equity and Debt	3 417 000	7 655 000	4 862 000	4 564 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 564 000	11 604 000	22 853 000	13 943 000
Other Income	0	100 000	142 000	0
Revenue	10 564 000	11 704 000	22 995 000	13 943 000
Cost of Goods Sold	5 716 000	5 600 000	10 137 000	6 682 000
Salary Costs	3 230 000	7 301 000	7 783 000	5 759 000
Depreciation	14 000	16 000	55 000	87 000
Impairment	0	0	0	0
Expenditure	9 893 000	14 735 000	20 423 000	14 571 000
Operating Profit	672 000	−3 032 000	2 572 000	−629 000
Financial Income	36 000	37 000	44 000	22 000
Financial Costs	298 000	289 000	331 000	303 000
Financial Balance	−262 000	−252 000	−287 000	−281 000
Dividends	0	0	0	0
Net Income	410 000	−1 974 000	2 285 000	−909 000

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	150 000
Fixtures	14 000	28 000	44 000	62 000
Total Tangible Assets	14 000	28 000	44 000	212 000
Total Fiancial Fixed Assets	652 000	652 000	61 000	61 000
Total Fixed Assets	666 000	680 000	106 000	273 000
Stock	250 000	261 000	259 000	258 000
Total Investments	0	0	0	0
Cash, Bank	158 000	187 000	351 000	3 087 000
Total Current Assets	2 751 000	6 975 000	4 756 000	4 291 000
Total Assets	3 417 000	7 655 000	4 862 000	4 564 000
Total Equity	−2 278 000	−2 688 000	−5 359 000	−7 644 000
Short-Term Group Debt	0	3 610 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 585 000	2 538 000	2 901 000	4 151 000
Unpaid Taxes	472 000	593 000	1 136 000	1 524 000
Dividends	0	0	0	0
Other Current Debt	3 342 000	1 230 000	4 482 000	6 533 000
Total Current Debt	5 695 000	10 343 000	10 221 000	12 208 000
Total Equity and Debt	3 417 000	7 655 000	4 862 000	4 564 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18 %	73,44 %	−42,64 %	11,89 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	6,36 %	−25,91 %	11,19 %	−4,51 %
Current Ratio	0,48	0,67	0,47	0,35
Quick Ratio	0,51	0,69	0,48	0,36
Equity Ratio	−0,67	−0,35	−1,1	−1,67
Gross Profit Margin	45,89 %	52,15 %	55,92 %	52,08 %