GALLERI ART DESIGN AS

0283 OSLO

Finances

Share Ownership

Return on Equity

−28,92 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 467 000	11 965 000	10 449 000	8 278 000
Net Income	−275 000	535 000	11 000	111 000
Total Assets	2 080 000	2 591 000	1 724 000	1 839 000
Total Equity	951 000	1 226 000	747 000	736 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 467 000	11 965 000	10 449 000	8 278 000
Expenditure	8 690 000	11 281 000	10 313 000	7 918 000
Operating Profit	−222 000	683 000	136 000	361 000
Financial Income	3 000	5 000	5 000	−2 000
Financial Costs	3 000	2 000	126 000	192 000
Financial Balance	0	3 000	−121 000	−194 000
Earnings Before Tax	−223 000	686 000	14 000	167 000
Tax	52 000	151 000	3 000	56 000
Net Income	−275 000	535 000	11 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 000	148 000	167 000	189 000
Total Current Assets	1 995 000	2 443 000	1 557 000	1 650 000
Total Assets	2 080 000	2 591 000	1 724 000	1 839 000
Total Retained Equity	725 000	1 000 000	521 000	509 000
Total Equity	951 000	1 226 000	747 000	736 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 129 000	1 364 000	977 000	1 103 000
Total Equity and Debt	2 080 000	2 591 000	1 724 000	1 839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 467 000	11 965 000	10 449 000	8 278 000
Other Income	0	0	0	0
Revenue	8 467 000	11 965 000	10 449 000	8 278 000
Cost of Goods Sold	3 081 000	4 780 000	4 321 000	2 935 000
Salary Costs	3 661 000	4 861 000	4 543 000	3 137 000
Depreciation	10 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	8 690 000	11 281 000	10 313 000	7 918 000
Operating Profit	−222 000	683 000	136 000	361 000
Financial Income	3 000	5 000	5 000	−2 000
Financial Costs	3 000	2 000	126 000	192 000
Financial Balance	0	3 000	−121 000	−194 000
Dividends	0	55 000	0	0
Net Income	−275 000	535 000	11 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	52 000	62 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	95 000	105 000	114 000
Total Tangible Assets	86 000	95 000	105 000	114 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	86 000	148 000	167 000	189 000
Stock	270 000	154 000	146 000	193 000
Total Investments	0	0	0	0
Cash, Bank	1 133 000	2 065 000	1 132 000	386 000
Total Current Assets	1 995 000	2 443 000	1 557 000	1 650 000
Total Assets	2 080 000	2 591 000	1 724 000	1 839 000
Total Equity	951 000	1 226 000	747 000	736 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	390 000	181 000	88 000	305 000
Unpaid Taxes	517 000	457 000	466 000	288 000
Dividends	0	55 000	0	0
Other Current Debt	222 000	585 000	423 000	420 000
Total Current Debt	1 129 000	1 364 000	977 000	1 103 000
Total Equity and Debt	2 080 000	2 591 000	1 724 000	1 839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,92 %	43,64 %	1,47 %	15,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,62 %	5,71 %	1,3 %	4,36 %
Current Ratio	1,77	1,79	1,59	1,5
Quick Ratio	2,32	2,02	1,87	1,81
Equity Ratio	0,46	0,47	0,43	0,4
Gross Profit Margin	63,61 %	60,05 %	58,65 %	64,54 %