ARTISAN TECH AS

0596 OSLO

Finances

Share Ownership

Return on Equity

438,75 %

Current Ratio

0,6

Debt-to-Equity Ratio

−1,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 568 000	7 533 000	3 917 000	8 070 000
Net Income	−702 000	1 080 000	−216 000	−645 000
Total Assets	223 000	1 571 000	769 000	689 000
Total Equity	−160 000	542 000	−539 000	−322 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 568 000	7 533 000	3 917 000	8 070 000
Expenditure	2 258 000	6 431 000	4 093 000	8 680 000
Operating Profit	−690 000	1 101 000	−177 000	−610 000
Financial Income	5 000	5 000	6 000	6 000
Financial Costs	16 000	26 000	45 000	41 000
Financial Balance	−11 000	−21 000	−39 000	−35 000
Earnings Before Tax	−702 000	1 080 000	−216 000	−645 000
Tax	0	0	0	0
Net Income	−702 000	1 080 000	−216 000	−645 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 000	209 000	190 000	237 000
Total Current Assets	71 000	1 363 000	579 000	452 000
Total Assets	223 000	1 571 000	769 000	689 000
Total Retained Equity	−190 000	512 000	−569 000	−352 000
Total Equity	−160 000	542 000	−539 000	−322 000
Total Long-Term Debt	265 000	138 000	133 000	0
Total Current Debt	118 000	892 000	1 174 000	1 011 000
Total Equity and Debt	223 000	1 571 000	769 000	689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 568 000	7 533 000	3 878 000	7 148 000
Other Income	0	0	39 000	922 000
Revenue	1 568 000	7 533 000	3 917 000	8 070 000
Cost of Goods Sold	635 000	3 073 000	1 305 000	4 417 000
Salary Costs	1 115 000	2 188 000	1 411 000	1 836 000
Depreciation	57 000	52 000	67 000	61 000
Impairment	0	0	0	0
Expenditure	2 258 000	6 431 000	4 093 000	8 680 000
Operating Profit	−690 000	1 101 000	−177 000	−610 000
Financial Income	5 000	5 000	6 000	6 000
Financial Costs	16 000	26 000	45 000	41 000
Financial Balance	−11 000	−21 000	−39 000	−35 000
Dividends	0	0	0	0
Net Income	−702 000	1 080 000	−216 000	−645 000

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	152 000	209 000	170 000	237 000
Total Tangible Assets	152 000	209 000	170 000	237 000
Total Fiancial Fixed Assets	0	0	20 000	0
Total Fixed Assets	152 000	209 000	190 000	237 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	1 104 000	122 000	265 000
Total Current Assets	71 000	1 363 000	579 000	452 000
Total Assets	223 000	1 571 000	769 000	689 000
Total Equity	−160 000	542 000	−539 000	−322 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	265 000	138 000	133 000	0
Creditors	34 000	−22 000	209 000	170 000
Unpaid Taxes	6 000	223 000	272 000	182 000
Dividends	0	0	0	0
Other Current Debt	78 000	457 000	536 000	417 000
Total Current Debt	118 000	892 000	1 174 000	1 011 000
Total Equity and Debt	223 000	1 571 000	769 000	689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	438,75 %	199,26 %	40,07 %	200,31 %
Debt-to-Equity Ratio	−1,66	0,25	−0,25	−0
Operating Profit Margin	−44,01 %	14,62 %	−4,52 %	−7,56 %
Current Ratio	0,6	1,53	0,49	0,45
Quick Ratio	0,6	1,53	0,49	0,45
Equity Ratio	−0,72	0,35	−0,7	−0,47
Gross Profit Margin	59,5 %	59,21 %	66,68 %	45,27 %