ARTI7 AS

7091 TILLER

Finances

Share Ownership

Return on Equity

−10,55 %

Current Ratio

3,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 409 000	2 356 000	2 571 000	2 910 000
Net Income	−98 000	−186 000	74 000	0
Total Assets	1 282 000	1 398 000	1 551 000	1 602 000
Total Equity	929 000	1 028 000	1 213 000	1 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 409 000	2 356 000	2 571 000	2 910 000
Expenditure	2 526 000	2 559 000	2 455 000	2 881 000
Operating Profit	−116 000	−202 000	116 000	28 000
Financial Income	0	0	2 000	4 000
Financial Costs	2 000	0	1 000	0
Financial Balance	−2 000	0	1 000	4 000
Earnings Before Tax	−118 000	−202 000	116 000	32 000
Tax	−20 000	−16 000	42 000	31 000
Net Income	−98 000	−186 000	74 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	38 000	44 000	103 000
Total Current Assets	1 245 000	1 360 000	1 507 000	1 498 000
Total Assets	1 282 000	1 398 000	1 551 000	1 602 000
Total Retained Equity	429 000	528 000	713 000	639 000
Total Equity	929 000	1 028 000	1 213 000	1 139 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	353 000	370 000	338 000	463 000
Total Equity and Debt	1 282 000	1 398 000	1 551 000	1 602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 349 000	2 356 000	2 571 000	2 910 000
Other Income	61 000	0	0	0
Revenue	2 409 000	2 356 000	2 571 000	2 910 000
Cost of Goods Sold	553 000	591 000	469 000	1 092 000
Salary Costs	1 339 000	1 312 000	1 347 000	1 189 000
Depreciation	15 000	12 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	2 526 000	2 559 000	2 455 000	2 881 000
Operating Profit	−116 000	−202 000	116 000	28 000
Financial Income	0	0	2 000	4 000
Financial Costs	2 000	0	1 000	0
Financial Balance	−2 000	0	1 000	4 000
Dividends	0	0	0	0
Net Income	−98 000	−186 000	74 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	31 000	27 000	39 000
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	1 000	7 000	17 000	64 000
Total Fixed Assets	37 000	38 000	44 000	103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 134 000	1 343 000	1 408 000	1 086 000
Total Current Assets	1 245 000	1 360 000	1 507 000	1 498 000
Total Assets	1 282 000	1 398 000	1 551 000	1 602 000
Total Equity	929 000	1 028 000	1 213 000	1 139 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	116 000	25 000	37 000	172 000
Unpaid Taxes	102 000	90 000	122 000	96 000
Dividends	0	0	0	0
Other Current Debt	134 000	255 000	137 000	163 000
Total Current Debt	353 000	370 000	338 000	463 000
Total Equity and Debt	1 282 000	1 398 000	1 551 000	1 602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,55 %	−18,09 %	6,1 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,82 %	−8,57 %	4,51 %	0,96 %
Current Ratio	3,53	3,68	4,46	3,24
Quick Ratio	3,53	3,68	4,46	3,24
Equity Ratio	0,72	0,74	0,78	0,71
Gross Profit Margin	77,04 %	74,92 %	81,76 %	62,47 %