ARTLEGO AS

4345 BRYNE

Finances

Share Ownership

Return on Equity

−5,9 %

Current Ratio

3,18

Debt-to-Equity Ratio

−1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	523 000	267 000	196 000	85 000
Net Income	125 000	−30 000	2 000	−5 000
Total Assets	426 000	80 000	121 000	111 000
Total Equity	−2 118 000	−2 244 000	−2 214 000	−2 216 000

Income (NOK)	2022	2021	2020	2019
Revenue	523 000	267 000	196 000	85 000
Expenditure	396 000	297 000	225 000	90 000
Operating Profit	126 000	−30 000	2 000	−5 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	125 000	−30 000	2 000	−5 000
Tax	0	0	0	0
Net Income	125 000	−30 000	2 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	426 000	80 000	121 000	111 000
Total Assets	426 000	80 000	121 000	111 000
Total Retained Equity	−2 418 000	−2 544 000	−2 514 000	−2 516 000
Total Equity	−2 118 000	−2 244 000	−2 214 000	−2 216 000
Total Long-Term Debt	2 410 000	2 296 000	2 297 000	2 296 000
Total Current Debt	134 000	27 000	37 000	31 000
Total Equity and Debt	426 000	80 000	121 000	111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	523 000	267 000	196 000	85 000
Revenue	523 000	267 000	196 000	85 000
Cost of Goods Sold	97 000	198 000	77 000	14 000
Salary Costs	198 000	31 000	32 000	32 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	396 000	297 000	225 000	90 000
Operating Profit	126 000	−30 000	2 000	−5 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	125 000	−30 000	2 000	−5 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	30 000	30 000	30 000	0
Total Investments	0	0	0	0
Cash, Bank	371 000	49 000	57 000	75 000
Total Current Assets	426 000	80 000	121 000	111 000
Total Assets	426 000	80 000	121 000	111 000
Total Equity	−2 118 000	−2 244 000	−2 214 000	−2 216 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 410 000	2 296 000	2 297 000	2 296 000
Creditors	11 000	18 000	23 000	23 000
Unpaid Taxes	74 000	4 000	4 000	4 000
Dividends	0	0	0	0
Other Current Debt	49 000	5 000	10 000	4 000
Total Current Debt	134 000	27 000	37 000	31 000
Total Equity and Debt	426 000	80 000	121 000	111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,9 %	1,34 %	−0,09 %	0,23 %
Debt-to-Equity Ratio	−1,14	−1,02	−1,04	−1,04
Operating Profit Margin	24,09 %	−11,24 %	1,02 %	−5,88 %
Current Ratio	3,18	2,96	3,27	3,58
Quick Ratio	4,1	−26,67	17,29	3,58
Equity Ratio	−4,97	−28,05	−18,3	−19,96
Gross Profit Margin	81,45 %	25,84 %	60,71 %	83,53 %