ARTEID EIENDOM AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

3,65 %

Current Ratio

Debt-to-Equity Ratio

10,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	514 000	655 000	470 000	526 000
Net Income	21 000	241 000	71 000	175 000
Total Assets	6 468 000	6 608 000	6 596 000	6 872 000
Total Equity	575 000	554 000	306 000	231 000

Income (NOK)	2022	2021	2020	2019
Revenue	514 000	655 000	470 000	526 000
Expenditure	278 000	152 000	158 000	274 000
Operating Profit	237 000	502 000	312 000	250 000
Financial Income	43 000	4 000	0	8 000
Financial Costs	253 000	197 000	217 000	33 000
Financial Balance	−210 000	−193 000	−217 000	−25 000
Earnings Before Tax	26 000	309 000	96 000	225 000
Tax	6 000	68 000	20 000	49 000
Net Income	21 000	241 000	71 000	175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 375 000	6 445 000	6 519 000	6 461 000
Total Current Assets	93 000	164 000	77 000	411 000
Total Assets	6 468 000	6 608 000	6 596 000	6 872 000
Total Retained Equity	535 000	514 000	266 000	191 000
Total Equity	575 000	554 000	306 000	231 000
Total Long-Term Debt	5 800 000	5 900 000	6 000 000	6 500 000
Total Current Debt	93 000	154 000	290 000	141 000
Total Equity and Debt	6 468 000	6 608 000	6 596 000	6 872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	384 000	295 000	290 000	166 000
Other Income	130 000	360 000	180 000	360 000
Revenue	514 000	655 000	470 000	526 000
Cost of Goods Sold	16 000	8 000	0	14 000
Salary Costs	0	0	0	0
Depreciation	70 000	74 000	78 000	109 000
Impairment	0	0	0	0
Expenditure	278 000	152 000	158 000	274 000
Operating Profit	237 000	502 000	312 000	250 000
Financial Income	43 000	4 000	0	8 000
Financial Costs	253 000	197 000	217 000	33 000
Financial Balance	−210 000	−193 000	−217 000	−25 000
Dividends	0	0	0	0
Net Income	21 000	241 000	71 000	175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	4 000	4 000	5 000
Real Eastate	6 372 000	6 441 000	6 515 000	6 456 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 372 000	6 441 000	6 515 000	6 456 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 375 000	6 445 000	6 519 000	6 461 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	153 000	73 000	171 000
Total Current Assets	93 000	164 000	77 000	411 000
Total Assets	6 468 000	6 608 000	6 596 000	6 872 000
Total Equity	575 000	554 000	306 000	231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 800 000	5 900 000	6 000 000	6 500 000
Creditors	0	0	0	0
Unpaid Taxes	19 000	18 000	17 000	17 000
Dividends	0	0	0	0
Other Current Debt	69 000	69 000	249 000	69 000
Total Current Debt	93 000	154 000	290 000	141 000
Total Equity and Debt	6 468 000	6 608 000	6 596 000	6 872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,65 %	43,5 %	23,2 %	75,76 %
Debt-to-Equity Ratio	10,09	10,65	19,61	28,14
Operating Profit Margin	46,11 %	76,64 %	66,38 %	47,53 %
Current Ratio	1	1,06	0,27	2,91
Quick Ratio	1	1,06	0,27	2,91
Equity Ratio	0,09	0,08	0,05	0,03
Gross Profit Margin	96,89 %	98,78 %	100 %	97,34 %