ARTICLION AS

1363 HØVIK

Finances

Return on Equity

−35,29 %

Current Ratio

0,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	0	3 099 000	639 000
Net Income	−6 000	−817 000	698 000	156 000
Total Assets	219 000	270 000	1 644 000	536 000
Total Equity	17 000	23 000	841 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	0	3 099 000	639 000
Expenditure	204 000	817 000	2 218 000	482 000
Operating Profit	−4 000	−817 000	882 000	156 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Earnings Before Tax	−6 000	−817 000	883 000	156 000
Tax	0	0	185 000	0
Net Income	−6 000	−817 000	698 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	60 000	60 000	30 000
Total Current Assets	150 000	210 000	1 584 000	506 000
Total Assets	219 000	270 000	1 644 000	536 000
Total Retained Equity	−13 000	−7 000	811 000	113 000
Total Equity	17 000	23 000	841 000	143 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	202 000	247 000	803 000	393 000
Total Equity and Debt	219 000	270 000	1 644 000	536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	200 000	0	3 099 000	639 000
Other Income	0	0	0	0
Revenue	200 000	0	3 099 000	639 000
Cost of Goods Sold	0	5 000	4 000	426 000
Salary Costs	0	0	248 000	−68 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	204 000	817 000	2 218 000	482 000
Operating Profit	−4 000	−817 000	882 000	156 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	0	0
Financial Balance	−2 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−6 000	−817 000	698 000	156 000

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	69 000	60 000	60 000	30 000
Total Fixed Assets	69 000	60 000	60 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	62 000	1 651 000	151 000
Total Current Assets	150 000	210 000	1 584 000	506 000
Total Assets	219 000	270 000	1 644 000	536 000
Total Equity	17 000	23 000	841 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	9 000	9 000	100 000
Unpaid Taxes	0	0	316 000	0
Dividends	0	0	0	0
Other Current Debt	200 000	237 000	293 000	293 000
Total Current Debt	202 000	247 000	803 000	393 000
Total Equity and Debt	219 000	270 000	1 644 000	536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,29 %	−3 552,17 %	83 %	109,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2 %	-	28,46 %	24,41 %
Current Ratio	0,74	0,85	1,97	1,29
Quick Ratio	0,74	0,85	1,97	1,29
Equity Ratio	0,08	0,09	0,51	0,27
Gross Profit Margin	100 %	-	99,87 %	33,33 %