ARTILLERIVERKSTEDET AS

3183 HORTEN

Finances

Share Ownership

Return on Equity

187,93 %

Current Ratio

0,9

Debt-to-Equity Ratio

−15,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 537 000	3 144 000	3 080 000	4 498 000
Net Income	−109 000	−199 000	−42 000	163 000
Total Assets	2 437 000	1 922 000	2 138 000	1 674 000
Total Equity	−58 000	51 000	251 000	293 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 537 000	3 144 000	3 080 000	4 498 000
Expenditure	5 613 000	3 310 000	3 090 000	4 289 000
Operating Profit	−75 000	−165 000	−10 000	209 000
Financial Income	1 000	0	1 000	0
Financial Costs	34 000	34 000	42 000	6 000
Financial Balance	−33 000	−34 000	−41 000	−6 000
Earnings Before Tax	−109 000	−199 000	−51 000	204 000
Tax	0	0	−9 000	40 000
Net Income	−109 000	−199 000	−42 000	163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 031 000	1 086 000	1 049 000	1 012 000
Total Current Assets	1 406 000	836 000	1 089 000	662 000
Total Assets	2 437 000	1 922 000	2 138 000	1 674 000
Total Retained Equity	−208 000	−99 000	101 000	143 000
Total Equity	−58 000	51 000	251 000	293 000
Total Long-Term Debt	925 000	1 101 000	1 262 000	924 000
Total Current Debt	1 570 000	770 000	625 000	457 000
Total Equity and Debt	2 437 000	1 922 000	2 138 000	1 674 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 689 000	1 250 000	1 072 000	2 795 000
Other Income	1 848 000	1 894 000	2 007 000	1 703 000
Revenue	5 537 000	3 144 000	3 080 000	4 498 000
Cost of Goods Sold	1 543 000	571 000	861 000	1 121 000
Salary Costs	1 668 000	837 000	552 000	1 261 000
Depreciation	324 000	294 000	239 000	161 000
Impairment	0	0	0	0
Expenditure	5 613 000	3 310 000	3 090 000	4 289 000
Operating Profit	−75 000	−165 000	−10 000	209 000
Financial Income	1 000	0	1 000	0
Financial Costs	34 000	34 000	42 000	6 000
Financial Balance	−33 000	−34 000	−41 000	−6 000
Dividends	0	0	0	0
Net Income	−109 000	−199 000	−42 000	163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	185 000	221 000	256 000	210 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	846 000	865 000	793 000	801 000
Total Tangible Assets	1 031 000	1 086 000	1 049 000	1 012 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 031 000	1 086 000	1 049 000	1 012 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	232 000	603 000	441 000	236 000
Total Current Assets	1 406 000	836 000	1 089 000	662 000
Total Assets	2 437 000	1 922 000	2 138 000	1 674 000
Total Equity	−58 000	51 000	251 000	293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	925 000	1 101 000	1 262 000	924 000
Creditors	456 000	108 000	62 000	397 000
Unpaid Taxes	396 000	153 000	59 000	79 000
Dividends	0	0	0	0
Other Current Debt	718 000	509 000	495 000	−43 000
Total Current Debt	1 570 000	770 000	625 000	457 000
Total Equity and Debt	2 437 000	1 922 000	2 138 000	1 674 000

Financial indicators	2022	2021	2020	2019
Return on Equity	187,93 %	−390,2 %	−16,73 %	55,63 %
Debt-to-Equity Ratio	−15,95	21,59	5,03	3,15
Operating Profit Margin	−1,35 %	−5,25 %	−0,32 %	4,65 %
Current Ratio	0,9	1,09	1,74	1,45
Quick Ratio	0,9	1,09	1,74	1,45
Equity Ratio	−0,02	0,03	0,12	0,18
Gross Profit Margin	72,13 %	81,84 %	72,05 %	75,08 %