ART EIENDOM AS

8618 MO I RANA

Finances

Return on Equity

46,72 %

Current Ratio

7,23

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 400 000	0	1 927 000	−34 000
Net Income	363 000	−187 000	535 000	−293 000
Total Assets	958 000	3 845 000	4 209 000	5 154 000
Total Equity	777 000	974 000	1 160 000	625 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 400 000	0	1 927 000	−34 000
Expenditure	3 968 000	96 000	1 161 000	253 000
Operating Profit	432 000	−96 000	766 000	−287 000
Financial Income	143 000	0	3 000	1 000
Financial Costs	86 000	110 000	64 000	70 000
Financial Balance	57 000	−110 000	−61 000	−69 000
Earnings Before Tax	489 000	−207 000	704 000	−356 000
Tax	126 000	−20 000	169 000	−63 000
Net Income	363 000	−187 000	535 000	−293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	109 000	40 000	5 057 000
Total Current Assets	954 000	3 736 000	4 169 000	97 000
Total Assets	958 000	3 845 000	4 209 000	5 154 000
Total Retained Equity	377 000	574 000	760 000	225 000
Total Equity	777 000	974 000	1 160 000	625 000
Total Long-Term Debt	49 000	2 842 000	2 915 000	4 110 000
Total Current Debt	132 000	29 000	133 000	419 000
Total Equity and Debt	958 000	3 845 000	4 209 000	5 154 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 400 000	0	0	0
Other Income	0	0	1 927 000	−34 000
Revenue	4 400 000	0	1 927 000	−34 000
Cost of Goods Sold	3 740 000	0	0	0
Salary Costs	0	0	8 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 968 000	96 000	1 161 000	253 000
Operating Profit	432 000	−96 000	766 000	−287 000
Financial Income	143 000	0	3 000	1 000
Financial Costs	86 000	110 000	64 000	70 000
Financial Balance	57 000	−110 000	−61 000	−69 000
Dividends	560 000	0	0	0
Net Income	363 000	−187 000	535 000	−293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	−1 000	40 000	63 000
Real Eastate	0	0	0	4 994 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	4 994 000
Total Fiancial Fixed Assets	0	110 000	0	0
Total Fixed Assets	4 000	109 000	40 000	5 057 000
Stock	0	3 672 000	3 384 000	0
Total Investments	0	0	0	0
Cash, Bank	954 000	62 000	784 000	95 000
Total Current Assets	954 000	3 736 000	4 169 000	97 000
Total Assets	958 000	3 845 000	4 209 000	5 154 000
Total Equity	777 000	974 000	1 160 000	625 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	49 000	2 842 000	2 915 000	4 110 000
Creditors	0	26 000	−15 000	411 000
Unpaid Taxes	0	0	0	0
Dividends	560 000	0	0	0
Other Current Debt	0	3 000	2 000	7 000
Total Current Debt	132 000	29 000	133 000	419 000
Total Equity and Debt	958 000	3 845 000	4 209 000	5 154 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,72 %	−19,2 %	46,12 %	−46,88 %
Debt-to-Equity Ratio	0,06	2,92	2,51	6,58
Operating Profit Margin	9,82 %	-	39,75 %	844,12 %
Current Ratio	7,23	128,83	31,35	0,23
Quick Ratio	7,23	−1,03	−1,28	0,23
Equity Ratio	0,81	0,25	0,28	0,12
Gross Profit Margin	15 %	-	100 %	100 %