ART OF NATURE AS

7860 SKAGE I NAMDALEN

Finances

Share Ownership

Return on Equity

27,47 %

Current Ratio

−0,59

Debt-to-Equity Ratio

−0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	273 000	416 000	1 055 000	1 191 000
Net Income	−236 000	−538 000	−405 000	108 000
Total Assets	256 000	262 000	590 000	362 000
Total Equity	−859 000	−623 000	−84 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	273 000	416 000	1 055 000	1 191 000
Expenditure	482 000	959 000	1 470 000	1 059 000
Operating Profit	−210 000	−544 000	−415 000	131 000
Financial Income	0	0	1 000	2 000
Financial Costs	26 000	11 000	4 000	0
Financial Balance	−26 000	−11 000	−3 000	2 000
Earnings Before Tax	−236 000	−555 000	−419 000	133 000
Tax	0	−16 000	−13 000	25 000
Net Income	−236 000	−538 000	−405 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	729 000	683 000	367 000	7 000
Total Current Assets	−473 000	−421 000	224 000	355 000
Total Assets	256 000	262 000	590 000	362 000
Total Retained Equity	−1 189 000	−953 000	−414 000	−9 000
Total Equity	−859 000	−623 000	−84 000	21 000
Total Long-Term Debt	320 000	320 000	263 000	0
Total Current Debt	795 000	565 000	412 000	341 000
Total Equity and Debt	256 000	262 000	590 000	362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	228 000	219 000	1 033 000	1 186 000
Other Income	44 000	197 000	22 000	5 000
Revenue	273 000	416 000	1 055 000	1 191 000
Cost of Goods Sold	41 000	80 000	101 000	0
Salary Costs	161 000	524 000	797 000	595 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	482 000	959 000	1 470 000	1 059 000
Operating Profit	−210 000	−544 000	−415 000	131 000
Financial Income	0	0	1 000	2 000
Financial Costs	26 000	11 000	4 000	0
Financial Balance	−26 000	−11 000	−3 000	2 000
Dividends	0	0	0	0
Net Income	−236 000	−538 000	−405 000	108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	7 000	7 000	7 000
Real Eastate	722 000	676 000	360 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	722 000	676 000	360 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	729 000	683 000	367 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−486 000	−434 000	174 000	278 000
Total Current Assets	−473 000	−421 000	224 000	355 000
Total Assets	256 000	262 000	590 000	362 000
Total Equity	−859 000	−623 000	−84 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	320 000	320 000	263 000	0
Creditors	115 000	120 000	136 000	35 000
Unpaid Taxes	12 000	6 000	40 000	134 000
Dividends	0	0	0	0
Other Current Debt	667 000	439 000	236 000	142 000
Total Current Debt	795 000	565 000	412 000	341 000
Total Equity and Debt	256 000	262 000	590 000	362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,47 %	86,36 %	482,14 %	514,29 %
Debt-to-Equity Ratio	−0,37	−0,51	−3,13	0
Operating Profit Margin	−76,92 %	−130,77 %	−39,34 %	11 %
Current Ratio	−0,59	−0,75	0,54	1,04
Quick Ratio	−0,59	−0,75	0,54	1,04
Equity Ratio	−3,36	−2,38	−0,14	0,06
Gross Profit Margin	84,98 %	80,77 %	90,43 %	100 %