KUNSTKOMPETANSE / ART ADVISORY AS

0171 OSLO

Finances

Return on Equity

−6,75 %

Current Ratio

7,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	309 000	746 000	969 000	433 000
Net Income	−65 000	331 000	545 000	147 000
Total Assets	1 074 000	1 538 000	1 041 000	829 000
Total Equity	963 000	1 029 000	698 000	652 000

Income (NOK)	2022	2021	2020	2019
Revenue	309 000	746 000	969 000	433 000
Expenditure	376 000	323 000	274 000	247 000
Operating Profit	−68 000	423 000	695 000	186 000
Financial Income	3 000	2 000	5 000	4 000
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	5 000	4 000
Earnings Before Tax	−65 000	425 000	700 000	190 000
Tax	0	94 000	155 000	42 000
Net Income	−65 000	331 000	545 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	219 000	219 000	219 000	0
Total Current Assets	855 000	1 318 000	821 000	829 000
Total Assets	1 074 000	1 538 000	1 041 000	829 000
Total Retained Equity	933 000	999 000	668 000	622 000
Total Equity	963 000	1 029 000	698 000	652 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	111 000	509 000	343 000	176 000
Total Equity and Debt	1 074 000	1 538 000	1 041 000	829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	309 000	746 000	969 000	433 000
Other Income	0	0	0	0
Revenue	309 000	746 000	969 000	433 000
Cost of Goods Sold	0	0	0	0
Salary Costs	245 000	209 000	148 000	168 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	376 000	323 000	274 000	247 000
Operating Profit	−68 000	423 000	695 000	186 000
Financial Income	3 000	2 000	5 000	4 000
Financial Costs	0	0	0	0
Financial Balance	3 000	2 000	5 000	4 000
Dividends	0	0	500 000	0
Net Income	−65 000	331 000	545 000	147 000

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	219 000	219 000	219 000	0
Total Tangible Assets	219 000	219 000	219 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	219 000	219 000	219 000	0
Stock	0	0	0	0
Total Investments	445 000	0	0	0
Cash, Bank	405 000	1 214 000	570 000	781 000
Total Current Assets	855 000	1 318 000	821 000	829 000
Total Assets	1 074 000	1 538 000	1 041 000	829 000
Total Equity	963 000	1 029 000	698 000	652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	4 000	0
Unpaid Taxes	48 000	130 000	167 000	112 000
Dividends	0	0	500 000	0
Other Current Debt	63 000	285 000	17 000	21 000
Total Current Debt	111 000	509 000	343 000	176 000
Total Equity and Debt	1 074 000	1 538 000	1 041 000	829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,75 %	32,17 %	78,08 %	22,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−22,01 %	56,7 %	71,72 %	42,96 %
Current Ratio	7,7	2,59	2,39	4,71
Quick Ratio	7,7	2,59	2,39	4,71
Equity Ratio	0,9	0,67	0,67	0,79
Gross Profit Margin	100 %	100 %	100 %	100 %