M&M ARTISTER AS

8682 TROFORS

Finances

Return on Equity

−3,35 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 355 000	2 061 000	955 000	1 598 000
Net Income	−557 000	1 060 000	−339 000	−1 812 000
Total Assets	17 875 000	21 703 000	22 915 000	24 156 000
Total Equity	16 625 000	21 325 000	22 765 000	23 755 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 355 000	2 061 000	955 000	1 598 000
Expenditure	1 537 000	1 511 000	2 098 000	4 695 000
Operating Profit	−182 000	550 000	−1 143 000	−3 097 000
Financial Income	10 000	510 000	685 000	1 286 000
Financial Costs	385 000	1 000	3 000	1 000
Financial Balance	−375 000	509 000	682 000	1 285 000
Earnings Before Tax	−557 000	1 060 000	−460 000	−1 812 000
Tax	0	0	−121 000	−1 000
Net Income	−557 000	1 060 000	−339 000	−1 812 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 627 000	17 008 000	16 488 000	15 971 000
Total Current Assets	1 248 000	4 695 000	6 427 000	8 184 000
Total Assets	17 875 000	21 703 000	22 915 000	24 156 000
Total Retained Equity	16 605 000	21 305 000	22 745 000	23 735 000
Total Equity	16 625 000	21 325 000	22 765 000	23 755 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 250 000	378 000	150 000	401 000
Total Equity and Debt	17 875 000	21 703 000	22 915 000	24 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 115 000	1 845 000	703 000	1 397 000
Other Income	240 000	216 000	252 000	201 000
Revenue	1 355 000	2 061 000	955 000	1 598 000
Cost of Goods Sold	73 000	82 000	13 000	90 000
Salary Costs	0	1 000	211 000	109 000
Depreciation	10 000	15 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	1 537 000	1 511 000	2 098 000	4 695 000
Operating Profit	−182 000	550 000	−1 143 000	−3 097 000
Financial Income	10 000	510 000	685 000	1 286 000
Financial Costs	385 000	1 000	3 000	1 000
Financial Balance	−375 000	509 000	682 000	1 285 000
Dividends	0	0	0	0
Net Income	−557 000	1 060 000	−339 000	−1 812 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 885 000	4 885 000	4 885 000	4 885 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 000	41 000	8 000	22 000
Total Tangible Assets	4 917 000	4 926 000	4 894 000	4 908 000
Total Fiancial Fixed Assets	11 711 000	12 082 000	11 595 000	11 064 000
Total Fixed Assets	16 627 000	17 008 000	16 488 000	15 971 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	412 000	4 200 000	5 638 000	6 948 000
Total Current Assets	1 248 000	4 695 000	6 427 000	8 184 000
Total Assets	17 875 000	21 703 000	22 915 000	24 156 000
Total Equity	16 625 000	21 325 000	22 765 000	23 755 000
Short-Term Group Debt	1 000 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	123 000	167 000	15 000	267 000
Unpaid Taxes	0	86 000	0	0
Dividends	0	0	0	0
Other Current Debt	127 000	125 000	136 000	133 000
Total Current Debt	1 250 000	378 000	150 000	401 000
Total Equity and Debt	17 875 000	21 703 000	22 915 000	24 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,35 %	4,97 %	−1,49 %	−7,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,43 %	26,69 %	−119,69 %	−193,8 %
Current Ratio	1	12,42	42,85	20,41
Quick Ratio	1	12,42	42,85	20,41
Equity Ratio	0,93	0,98	0,99	0,98
Gross Profit Margin	94,61 %	96,02 %	98,64 %	94,37 %